Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Results found: 2

first rewind previous Page / 1 next fast forward last

Search results

Search:
in the keywords:  price and income effects
help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1
Publication available in full text mode
Content available

MODELLING OF PRICE AND INCOME EFFECTS ON UKRAINE’S AGRICULTURAL EXPORT GROWTH

100%
SHEVCHUK V.
Information Systems in Management
|
2013
|
vol. 2
|
issue 3
214-226
EN
Using monthly data for the 2001─2013 period, this paper applies Error-Correction Model (ECM) to estimate export demand effects for Ukraine’s agricultural commodities and foodstuffs. According to our results, the long-run exchange rate sensitivity of export demand seems to be rather weak, whereas the domestic income effect is high enough across all four groups: (i) meat, fish and dairy products; (ii) wheat and vegetables; (iii) vegetable oil and (iv) foodstuffs. No evidence is found of the long-term relationship between agricultural exports and foreign trade-partner industrial output. However, both exchange rate and foreign output are established to strongly affect the demand for agricultural exports in the short-run. Also, there is evidence of a speedy short-run adjustment for all groups of agricultural exports to their long-run relationships.
2
Publication available in full text mode
Content available

Modelling of Agricultural Import Demand in Ukraine

100%
Shevchuk V.
Information Systems in Management
|
2014
|
vol. 3
|
issue 3
201-211
EN
Based on the monthly data from four aggregated agricultural sectors for the 2001-2014 period, this paper investigates the determinants of demand for agricultural imports in Ukraine by using the time-varying parameter technique (the Kalman filter). The outcome suggests that the real exchange rate depreciation contributes to a lower demand for meat, fish and dairy products; vegetable oil and foodstuffs, while not affecting demand for wheat and vegetables. Domestic industrial output correlates with a higher demand for all four groups of agricultural imports. Import substitution effect of domestic agricultural production is found for three out of four groups of agricultural imports, except meat, fish and dairy products. Following an increase in international prices, there is a decrease in demand for wheat and vegetables, as well as for foodstuffs, while there is an opposite effect in demand for other groups, i.e. meat, fish and dairy products and vegetable oil.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.