METHODOLOGICAL PRINCIPLES AND METHODS OF TERMS OF TRADE STATISTICAL EVALUATION

Abstract

This paper examines the methodological principles of statistical estimation of terms of trade, which made it possible to carry out a comparative analysis of the different product groups with due regard to cost structure of exports and imports in the past and current periods of time. The study elucidates the system indexes of terms of trade, which is based on the compilation of hierarchical indexes of average prices of exports and imports in the sub-indices trading conditions using Fisher's weighting methodology. This enabled us to develop integrated in terms of trade index, which takes into account the basic and current structure of exports and imports. The developed system indices of trading conditions makes it possible to evaluate the effectiveness of international trade of Ukraine and determine its impact on macroeconomic performance. Thus, by making the amendment to GDP losses from declining terms of trade can be calculated tae rate of real gross domestic income (RVVD). This indicator defined by the SNA 2008 concept, as an indicator of real income economy

Authors and Affiliations

Nataly Kovtun, Volodymyr Babirad-Lazunin

Keywords

Related Articles

EXPANSIONARY MONETARY POLICY AND THE OPPORTUNITIES FOR RESURGENCE OF INVESTMENT GROWTH IN UKRAINE

A huge drop in fixed investment and worsening prospects of investment growth in 2015-2017 raise the necessity to apply a number of policies to stimulate growth. Expansionary monetary policy and its instruments are analyz...

FINANCING MECHANISMS FOR INVESTMENT PROJECTS IN THE AGRICULTURAL SECTOR OF UKRAINE'S ECONOMY INVOLVING ANGEL INVESTORS

The challenges connected with attracting foreign investments into the agricultural sector of the Ukrainian economy as well as diversification of forms of international investments are actual due to the immediate needs of...

ABOUT PRODUCTION-TRANSPORT PROBLEM REDUCTION TO THE TWO-LEVEL PROBLEM OF DISCRETE OPTIMIZATION AND ITS APPLICATION

In this study, the application of the production and transport task is considered to solve the problem of the distribution of the limited capacities of data transmission channels between different nodes of the computer n...

PROBLEMS OF UKRAINIAN ENERGY AND THEIR SOLUTIONS

The paper studies current situation at the Ukrainian electric power industry. The problems which prevent development of the industry under current conditions are analyzed. The problems of the cross-subsidization are expo...

MODERN METHODS OF PRICING IN THE STRATEGIC ACTIVITIES PLANNING OF PHARMACEUTICAL COMPANIES IN UKRAINE

This article investigated the role of pricing for strategic activities of pharmaceutical companies. It has been modified Bass diffusion model for new products, and it has been conducted empirical testing of the model on...

Download PDF file
  • EP ID EP403136
  • DOI 10.17721/1728-2667.2014/163-10/5
  • Views 72
  • Downloads 0

How To Cite

Nataly Kovtun, Volodymyr Babirad-Lazunin (2014). METHODOLOGICAL PRINCIPLES AND METHODS OF TERMS OF TRADE STATISTICAL EVALUATION. Вісник Київського національного університету імені Тараса Шевченка. Економіка., 10(163), 26-31. https://europub.co.uk./articles/-A-403136