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2013 | 2 | nr 3 | 214--226
Tytuł artykułu

Modelling of Price and Income Effects on Ukraine's Agricultural Export Growth

Autorzy
Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
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. (original abstract)
Rocznik
Tom
2
Numer
Strony
214--226
Opis fizyczny
Twórcy
  • Cracow University of Technology, Poland
Bibliografia
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  • [18] Lamb R. L. (2000) Food crops, exports, and the short-run policy response of agriculture in Africa, Agricultural Economics, 2 (22), 271─298.
  • [19] Orden D. (1999) Exchange Rate Effects on Agricultural Trade and Trade Relations, Policy Harmonization and Adjustment in the North American Agricultural and Food Industry, Proceedings of the 5th Agricultural and Food Policy System Information Workshop (Acapulco, Mexico, 4-5 March 1999).
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171285009

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