| dc.creator |
Strauß, Hubert |
|
| dc.date |
2001 |
|
| dc.date.accessioned |
2013-10-16T06:57:02Z |
|
| dc.date.available |
2013-10-16T06:57:02Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/17840 |
|
| dc.identifier |
ppn:336722222 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/17840 |
|
| dc.description |
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. |
|
| dc.language |
eng |
|
| dc.publisher |
Kiel Institute for the World Economy (IfW) Kiel |
|
| dc.relation |
Kieler Arbeitspapiere 1084 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
F17 |
|
| dc.subject |
F31 |
|
| dc.subject |
F41 |
|
| dc.subject |
P33 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
cointegration analysis |
|
| dc.subject |
transitional economies |
|
| dc.subject |
Ukraine |
|
| dc.subject |
export demand |
|
| dc.subject |
foreign trade elasticities |
|
| dc.subject |
real effective exchange rate |
|
| dc.subject |
Export |
|
| dc.subject |
Nachfrage |
|
| dc.subject |
Außenhandelselastizität |
|
| dc.subject |
Kointegration |
|
| dc.subject |
Schätzung |
|
| dc.subject |
Kaufkraftparität |
|
| dc.subject |
Inflation |
|
| dc.subject |
Exchange rate pass-through |
|
| dc.subject |
Ukraine |
|
| dc.title |
Cointegration Analysis in an Inflationary Environment: What Can We Learn from Ukraine's Nominal Exports? |
|
| dc.type |
doc-type:workingPaper |
|
| dc.coverage |
1993-2000 |
|