IDEAS home Printed from
   My bibliography  Save this article

The impact of Ukraine's accession to the WTO on this country's foreign trade


  • S. Іllyusha


Objective assessment of the impact of Ukraine's accession to WTO on exports and imports is complicated by superposition of an additional powerful factor - the global economic crisis which makes distinguishing the impact of those factors using direct calculations impossible. The above mentioned fact has led to attempts to obtain unbiased estimates by methods of mathematical statistics separating the impact on exports and imports of each of these two factors. To analyze the changes in Ukrainian exports (imports) in 2009-2010, the author used regression dependencies built on database for 2000-2008 in which the volume of exports depends on output and hryvnia to US dollar exchange rate. The absence of a regression constant term reflects the absence of exports (imports) in the absence of economic activities. Using regression equations, the author calculated expected values of exports (imports) for each economic activity and determined confidence intervals for standard probability (0.95). If the actual value of exports (imports) exceeds the upper limit of the confidence interval and calculated Fisher F-statistic is greater than the critical value for default probability, it is an evidence of positive impact of Ukraine's accession to the WTO on country's exports (imports); negative if the value goes beyond the lower limit.

Suggested Citation

  • S. Іllyusha, 2014. "The impact of Ukraine's accession to the WTO on this country's foreign trade," Economy and Forecasting, Valeriy Heyets, issue 4, pages 57-72.
  • Handle: RePEc:eip:journl:y:2014:i:4:p:57-72

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eip:journl:y:2014:i:4:p:57-72. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Iryna Bazhal). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.