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Autor
Shevchuk Victor (Cracow University of Technology, Poland)
Tytuł
Modelling of Exchange Rate Effects and Complimentaries Between Agriculture and Industry in Ukraine
Źródło
Information Systems in Management, 2016, vol. 5, nr 3, s. 401-412, rys., tab., bibliogr. 19 poz.
Systemy Informatyczne w Zarządzaniu
Słowa kluczowe
Rolnictwo, Przemysł, Produkcja rolna, Kurs walutowy, Wyniki badań
Agriculture, Industry, Agricultural production, Exchange rates, Research results
Uwagi
summ.
Kraj/Region
Ukraina
Ukraine
Abstrakt
This paper examines links between the exchange rate, agricultural and industrial outputs in Ukraine. This is estimated using monthly data for the 2001-2015 period. Results provide evidence that there is a positive spillover from agriculture to industry, being in line with modern arguments on the role of agricultural sector in economic growth (infrastructural spillovers, rural income effects, provision of resources for an industrialized economy). However, industrial output squeezes out agricultural production in the short run. Depreciation of the nominal (real) exchange rate has an expansionary effect on industrial output, but it is harmful for agriculture. From a policy perspective, the results suggest that agriculture-supporting policies should be productive in the industrialization context either. (original abstract)
Pełny tekst
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Bibliografia
Pokaż
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  15. Shevchuk V. (2013) Modelling of Price and Income Effects on Ukraine's Agricultural Export Growth, Information Systems in Management, vol. 2, no. 3, pp. 214-226.
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  17. Űngör M. (2013) De-agriculturalization as a result of productivity growth in agriculture, Economics Letters, vol. 119, issue 2, pp. 141-145.
  18. Van Leeuwen M., Salamon P., Fellmann T., Banse M., von Ledebur O., Salputra G., Nekhay O. (2012) The agri-food sector in Ukraine: Current situation and market outlook until 2025, Seville, Spain: JRC Scientific and Policy Reforms.
  19. Yang D. T., Zhu X. (2013) Modernization of agriculture and long-term growth, Journal of Monetary Economics, vol. 60, issue 3, pp. 367-382.
Cytowane przez
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ISSN
2084-5537
Język
eng
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