Comparative analysis and forecast of dynamics of main macroeconomic indicators of households economic activities of Poland and Ukraine

• Authors: Mykola Zhuk

Title variants

PL

Analiza porównawcza i prognoza dynamiki głównych wskaźników ekonomicznych działalności gospodarstw domowych w Polsce i na Ukrainie

• Languages of publication: EN

Abstracts

EN

The purpose of the paper is to compare and analize the differences in households economic activities systems in Poland and Ukraine and also to forecast the dynamics of the main indicators of households economic activities in both countries. The author has developed two VAR-models of households economic activities systems of Poland and Ukraine. The impulse response of the main indicators of households economic activities systems in both countries to shocks in all variables of models was investigated. Inverse roots of autoregressive characteristic polynomials constructed on the basis of the VAR-models were analized. The dynamics of household consumption expenditures was forecasted to show the quality of forecast power of developed models.

Keywords

EN

household; households economic activities system macroeconometric model; impulse response; forecast; gospodarstwo domowe; system działalności ekonomicznej gospodarstw domowych; model makroekonometryczny; impulsowe reakcje; prognoza

• Publisher: Wydawnictwo Uniwersytetu Wroclawskiego
• Journal: Studenckie Prace Prawnicze, Administratywistyczne i Ekonomiczne
• Year: 2014
• Volume: 15
• Pages: 15 - 27

Contributors

author

Mykola Zhuk

• Ivan Franko National University of L’viv