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The Impact of External Economic Factors on the Formation of Ukrainian Producers Aggregate Supply

Lidiya Kuznetsova, Tetyana Shynkorenko and Oleksandr Bilotserkivets'
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Lidiya Kuznetsova: Institute for Economics and Forecasting, Ukrainian NAS, Kyiv
Tetyana Shynkorenko: Institute for Economics and Forecasting, Ukrainian NAS, Kyiv
Oleksandr Bilotserkivets': Institute for Economics and Forecasting, Ukrainian NAS, Kyiv

Ukrainian Journal Ekonomist, 2014, issue 11, 4-9

Abstract: The most important external factors are identified and trends of their impact on the aggregate supply in Ukraine are analysed. The important disparities of aggregate supply are established: excessive dependence of the Ukrainian economy on external demand and backlog of partner countries at a rate of fixed capital formation. Correlation between GDP growth in Ukraine and GDP growth in partner countries are reviewed; the impacts of inflation on the dynamics of demand in the domestic market are estimated. On the basis of the table "input-output" import content of Ukrainian exports as a whole and for individual economic activities is estimated. Scenario forecast of price competitiveness of Ukrainian goods on the world market is carried out.

Date: 2014
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