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Autor
Żyra Joanna (Cracow University of Technology), Kopych Roman (Lviv University of Trade and Economics)
Tytuł
Trading Partners and Output Growth in Ukraine
Dochód krajów - partnerów handlowych i wzrost gospodarczy w Ukrainie
Źródło
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu, 2023, nr 4 (67), s. 172-181, tab., rys., bibliogr. 31 poz.
Research Papers of Wrocław University of Economics
Słowa kluczowe
Wzrost gospodarczy, Kurs walutowy, Dochód narodowy
Economic growth, Exchange rates, National income
Uwagi
Klasyfikacja JEL: C22, F14, F43
streszcz., summ.
Kraj/Region
Ukraina
Ukraine
Abstrakt
Przeprowadzone badanie ma na celu oszacowanie empiryczne relacji długo- i krótkookresowych między dochodem krajów - partnerów handlowych i wzrostem gospodarczym na Ukrainie. Na podstawie danych kwartalnych z lat 2004-2019 oszacowano, że największy wpływ na poziom PKB Ukrainy ma wzrost dochodu w krajach strefy euro, a kolejnym stymulatorem jest wzrost gospodarczy w Polsce. W długim okresie nie odnotowano oddziaływania wzrostu gospodarczego krajów Europy Środkowo-Wschodniej (Czechy, Słowacja, Węgry) oraz krajów byłego Związku Radzieckiego (Białoruś, Kazachstan, Rosja). W krótkim okresie potwierdza się stymulujący wpływ dochodu partnerów handlowych wyłącznie z krajów strefy euro. W długim okresie deprecjacja kursu walutowego oraz liberalizacja środowiska ekonomicznego ma niekorzystne oddziaływanie na wzrost gospodarczy Ukrainy, co ustalono na podstawie Indeksu Wolności Gospodarczej amerykańskiej fundacji Heritage Foundation (oba czynniki są neutralne względem wzrostu gospodarczego Ukrainy w krótkim okresie).(abstrakt oryginalny)

This study aimed to empirically estimate the long-term and short-term relations between the output of trading partners and economic growth in Ukraine. With the use of quarterly data over the 2004-2019 period, it was found that an increase of output in the euro area resulted in the most substantial stimulating long-term effect on the level of GDP in Ukraine, followed by spillovers from output growth in Poland. There was no long-term effect of output in other major trading partners, such as other Central and Eastern European countries (Czechia, Hungary, Slovakia) and the former Soviet Union countries (Belarus, Kazakhstan, Russia). In the short run, the stimulating effect of foreign output was confirmed only for spillovers from the euro area. Among other results, there was a longterm contractionary effect of both exchange rate depreciation and liberalisation of the economic environment, as indicated by the Index of Economic Freedom from the Washington-based Heritage Foundation (both factors are neutral with respect to Ukraine's output in the short run).(original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego we Wrocławiu
Pełny tekst
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Bibliografia
Pokaż
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Cytowane przez
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ISSN
1899-3192
Język
eng
URI / DOI
http://dx.doi.org/10.15611/pn.2023.4.16
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