Suchergebnisse

Introduction. In today's world of globalization of economic activity and liberalization of inter-regional and intra-regional trade, development and definition of promising directions of foreign trade relations, expansion of markets and diversification of sources of supply are of the utmost importance for most countries.For Ukraine, intra-regional cooperation remains one of the most promising and important areas of foreign trade relations. This is confirmed by the fact that exports of goods and services in 2018 European countries amounted to $ 26411.02 million or 55.7% of total exports. Imports of goods and services in 2018 from European countries amounted to $ 37056.07 million or 65% of total imports. Despite the fact that absolute export and import indicators in 2018 show a negative trend in view of the prolonged volatile political situation in the country, relative indicators continue to grow after the sharp decline of 2015 and are almost at the same level as before the war period. As a result, foreign trade relations with European countries are of great importance for Ukraine, contributing to the need for a thorough study, given the current trends in regional economic development.Purpose. Тo determine the effect of trade volumes with the countries of the European region on the GDP of Ukraine using correlation-regression analysis.Results. In the course of expansion of world integration processes, far-reaching directions of research are elaboration of attractive directions of foreign trade activity of Ukraine within the framework of intra-regional trade activity. The correlation-regression analysis showed that France is the most attractive country for selling Ukrainian products, because if export increases by 1% of Ukraine's GDP it will grow by 1.12%. With increased exports to countries such as Germany, the United Kingdom and Russia, GDP fluctuations will be small but positive. Despite the geographical neighborhood with Poland, increasing exports to the country will help to reduce GDP by 0.2%. However, it we have on increase in imports of goods from Poland, Ukraine's GDP will increase by 0.65%. A slight increase in imports are goods from Russia and Germany implies a slight increase in GDP of Ukraine. Originary. Despite the considerable amount of work of both foreign and domestic scientists on this issue, it should be noted that the issues of impact of trade relations of Ukraine with the countries of the region on the domestic economy and GDP are still poorly understood.Conclusions. In the article it is proved that for the study of impact of trade of Ukraine with the countries of the region on the general level of economic development it is efficient to use multifactor econometric models. The results show that Ukraine's GDP is significantly dependent on the dynamics of intra-regional trade in the European region. This is explained by the fact that a significant share of export-import operations in the total volume of international trade of Ukraine falls precisely in the countries of this region. Close interaction within the European region, relative proximity to domestic markets impact the need to intensify Ukraine's foreign economic relations with European countries, provided that targeted trade policy is improved.

Many sources of economic data cover only a limited set of states at any given point in time. Data are often systematically missing for some states over certain time periods. In the context of conflict studies, economic data are frequently unavailable for states involved in conflicts, undermining the ability to draw inferences of linkages between economic and political interactions. For example, simply using available data in a study of trade and conflict and disregarding observations with missing data on economic variables excludes key conflicts such as the Berlin crisis, the Korean War, the Cuban Missile Crisis, and the Gulf War from the sample. A set of procedures are presented to create additional estimates to remedy some of the coverage problems for data on gross domestic product, population, and bilateral trade flows.

Here's a picture of the RMB's role as a reserve and vehicle currency, from an ongoing project with Jeffrey Frankel and Hiro Ito, where we examine the determinants of individual central bank reserve holdings. Figure 1: Simple average of holdings of RMBs among central banks reporting RMB holdings in Ito-McCauley database (blue), average holdings of […]

The theory of comparative advantage suggests that free trade increases overall world production of goods and services and it is a positive sum game in which all participating countries realise economic gains. The evaluation of data from a number of countries in this study demonstrates a strong correlation between a country's level of trade freedom (according to its Trade Freedom Index) and its GDP per capita. There are exceptions to this trend in countries that have experienced social or political unrest. This is consistent with research into the relationship between economic freedom and GDP growth which suggest that levels of economic freedom (of which trade freedom is a component) in a country impact upon growth subject to social, economic or political climate in these countries

The Dutch CBP tallies world trade volumes. Here's the total world trade series, compared to total industrial production (production weighted), since 2000. Figure 1: World trade (blue), and world industrial production ex-construction (tan), both 2010=100, s.a., on log scale. NBER defined US peak-to-trough recession dates shaded gray. Orange dashed line at announcement Section 201, 301 […]