IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Specific Features of Econometric Consumption Models in Ukraine under Conditions of Instability and Structural Changes

Listed author(s):
  • Oliskevych Marianna O.


    (Ivan Franko National University of Lviv)

Registered author(s):

    The article analyses dynamic properties of developed econometric consumption models, which are an important component of the study of specific features of the national economy development under conditions of instability and structural changes. The article conducts an empirical analysis of time dynamics of effects of influence upon consumption expenditures of households, change of permanent and temporary income, inflation rate, sensitivity to deviations from long-term tendencies and other factors. Econometric modelling, theoretical foundation of which is the permanent income hypothesis, is based on the use of the adaptive expectations model, partial adjustment model, seasonal differences and auto-regression model with distributed lags. Co-ordination of the results of all models shows that negative processes in the country economy, which developed in the result of the crisis that started in 2008, significantly worsened economic state of domestic consumers and resulted in a situation when practically all households in Ukraine today, having exhausted their resources and experiencing liquidity constraints, have no possibility to smooth their consumption in time and form their consumption expenditures on the basis of the current income.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics in its journal Business Inform.

    Volume (Year): (2014)
    Issue (Month): 3 ()
    Pages: 113-121

    in new window

    Handle: RePEc:idp:bizinf:y:2014:i:3:p:113_121
    Contact details of provider: Web page:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:idp:bizinf:y:2014:i:3:p:113_121. 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: (Alexey Rystenko)

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.