Macroeconometric study of Ukraine's growth and reform
AbstractTo analyze prospects for Ukraine's economic growth and a program of reforms, we construct two macroeconometric models—high frequency with monthly observations, and low frequency with annual observations. In search of consistent information, we critically examine available statistics including World Development Indicators for Ukraine. We generate several forecasts using the technique of importing key variables from a high frequency solution into the low frequency model, thus incorporating recent changes in economic trends. We simulate the model to perform policy analysis of the effectiveness of restructuring Ukraine's energy sector with raising tariffs and implementing the pension reform.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Policy Modeling.
Volume (Year): 34 (2012)
Issue (Month): 3 ()
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Web page: http://www.elsevier.com/locate/inca/505735
Economic growth; Mixed frequencies; Economic Reform; Ukraine;
Find related papers by JEL classification:
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Maarten Klaveren & Kea Tijdens & Melanie Hughie Williams & Nuria Ramos Martin, 2010. "WP 94 - An overview of women's work and employment in Ukraine," AIAS Working Papers wp94, AIAS, Amsterdam Institute for Advanced Labour Studies.
- Dreger, Christian & Marcellino, Massimiliano, 2007.
"A macroeconometric model for the Euro economy,"
Journal of Policy Modeling,
Elsevier, vol. 29(1), pages 1-13.
- Quan Chu, H. & Grais, Wafik, 1996. "Energy supply shocks: Macroeconomic consequences for Ukraine," Journal of Policy Modeling, Elsevier, vol. 18(6), pages 643-688, December.
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