INDICATORS OF INTERNATIONAL TRADE ORIENTATION OF UKRAINE IN THE CONTEXT OF ASSESSMENT OF THE EFFECTIVENESS OF ITS EXPORT RELATIONS

Reznikova N., Osaulenko O. and Panchenko V.
Additional contact information
Reznikova N.: Chair of World Economy, International Economic Relations of Institute of International Relations Taras Shevchenko National University of Kyiv, Kyiv, ; Ukraine
Osaulenko O.: Doctor of Public Administration, Member of National Academy of Sciences of Ukraine, Rector of National Academy of Statistics, Accounting and Audit, Kiev, Ukraine
Panchenko V.: Mariupil State University, ; Kiev, Ukraine

Statistics in Transition New Series, 2018, vol. 19, issue 1, 119-134

Abstract: The approach to study the significance of trade relations between countries by analysing economic vulnerability, economic sensitivity, symmetry and asymmetry of the established economic links is proposed in the paper. This approach is adapted to an analysis of the trade dependence of Ukraine. The estimated interdependence ratios for Ukraine and its largest trade partners – the EU, the Russian Federation, post-Soviet countries, China, the USA and Brazil and India as emerging economies – are compared with the respective ratios of Ukraine’s dependence on these countries’ markets. The analysed dynamics of Ukraine’s GDP dependence on Ukraine’s trade partners shows a growing relative weight of the countries that have not had a substantial role in the foreign trade of Ukraine. The proposed approach for estimating the quality of the established trade relations is supposed to contribute to the radical transformation of Ukraine’s foreign trade.

Keywords: economic policy; export orientation; trade relations; trade dependence (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.21307/stattrans-2018-007 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:stintr:v:19:y:2018:i:1:p:119-134:n:6

DOI: 10.21307/stattrans-2018-007

Access Statistics for this article

Statistics in Transition New Series is currently edited by Włodzimierz Okrasa

More articles in Statistics in Transition New Series from Statistics Poland
Bibliographic data for series maintained by Peter Golla ().