Modeling convergence of Ukraine towards the EU
This article studies the pre-accession experience of new European Union member states of Central and Eastern Europe and accordingly examines the prospects for a convergence of Ukraine’s economic performance with that of the EU countries. The authors develop econometric models to evaluate the trade a...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Kyiv National Economic University named after Vadym Hetman
2005-02-01
|
Series: | International Economic Policy |
Subjects: | |
Online Access: | http://iepjournal.com/journals_eng/3/2005_2_PopkoTkachuk_eng.pdf |
_version_ | 1811282819298623488 |
---|---|
author | Denis Popko Oleskandr Tkachuk |
author_facet | Denis Popko Oleskandr Tkachuk |
author_sort | Denis Popko |
collection | DOAJ |
description | This article studies the pre-accession experience of new European Union member states of Central and Eastern Europe and accordingly examines the prospects for a convergence of Ukraine’s economic performance with that of the EU countries. The authors develop econometric models to evaluate the trade and foreign direct investment (FDI) effects of EU-accession for Ukraine. The trade potential between Ukraine and the EU is assessed based on the gravity model of international trade using economic distance indexes. The FDI effects are analyzed according to an econometric data panel model. The article also examines the benchmarks of Ukraine’s convergence with the EU in terms of trade volume and FDI potential values. |
first_indexed | 2024-04-13T01:59:22Z |
format | Article |
id | doaj.art-68105dd478de4cdd8bdb7be7164af722 |
institution | Directory Open Access Journal |
issn | 1811-9832 1812-0660 |
language | English |
last_indexed | 2024-04-13T01:59:22Z |
publishDate | 2005-02-01 |
publisher | Kyiv National Economic University named after Vadym Hetman |
record_format | Article |
series | International Economic Policy |
spelling | doaj.art-68105dd478de4cdd8bdb7be7164af7222022-12-22T03:07:39ZengKyiv National Economic University named after Vadym HetmanInternational Economic Policy1811-98321812-06602005-02-01233051Modeling convergence of Ukraine towards the EUDenis PopkoOleskandr TkachukThis article studies the pre-accession experience of new European Union member states of Central and Eastern Europe and accordingly examines the prospects for a convergence of Ukraine’s economic performance with that of the EU countries. The authors develop econometric models to evaluate the trade and foreign direct investment (FDI) effects of EU-accession for Ukraine. The trade potential between Ukraine and the EU is assessed based on the gravity model of international trade using economic distance indexes. The FDI effects are analyzed according to an econometric data panel model. The article also examines the benchmarks of Ukraine’s convergence with the EU in terms of trade volume and FDI potential values.http://iepjournal.com/journals_eng/3/2005_2_PopkoTkachuk_eng.pdfRegional integration effectstrade effectsFDI effectseconomic distancegravity model of tradeconvergence |
spellingShingle | Denis Popko Oleskandr Tkachuk Modeling convergence of Ukraine towards the EU International Economic Policy Regional integration effects trade effects FDI effects economic distance gravity model of trade convergence |
title | Modeling convergence of Ukraine towards the EU |
title_full | Modeling convergence of Ukraine towards the EU |
title_fullStr | Modeling convergence of Ukraine towards the EU |
title_full_unstemmed | Modeling convergence of Ukraine towards the EU |
title_short | Modeling convergence of Ukraine towards the EU |
title_sort | modeling convergence of ukraine towards the eu |
topic | Regional integration effects trade effects FDI effects economic distance gravity model of trade convergence |
url | http://iepjournal.com/journals_eng/3/2005_2_PopkoTkachuk_eng.pdf |
work_keys_str_mv | AT denispopko modelingconvergenceofukrainetowardstheeu AT oleskandrtkachuk modelingconvergenceofukrainetowardstheeu |