Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/17840 
Autor:innen: 
Erscheinungsjahr: 
2001
Schriftenreihe/Nr.: 
Kiel Working Paper No. 1084
Verlag: 
Kiel Institute of World Economics (IfW), Kiel
Zusammenfassung: 
Ukrainian exports can be explained by standard demand theory in the long run. Using the Johansen procedure the data do not reject the hypothesis of a unit foreign-production elasticity of Ukrainian exports, which are rather price-elastic inputs for foreign producers. It is argued that due to high domestic inflation and substantial real appreciation of the hryvnia there might be a deterministic element in the long-run relationships. When allowing for a trend in the co­integration space, the identifying restriction of an infinitely price-elastic export supply curve produces best results. However, due to missing export price statistics long-run interpretations are to be taken with care because they are conditional upon assumptions on how costs and exchange-rates are passed through on export prices.
Schlagwörter: 
cointegration analysis
transitional economies
Ukraine
export demand
foreign trade elasticities
real effective exchange rate
JEL: 
F17
F31
F41
P33
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
128.35 kB





Publikationen in EconStor sind urheberrechtlich geschützt.