TY  - JOUR
AU  - Dritsakis, Nikolaos 
AU  - Gialetaki, Katerina 
PY  - 2005
TI  - Macroeconomic Variables Analysis in Ukraine: An Empirical Approach with Cointegration Method
JF  - American Journal of Applied Sciences
VL  - 2
IS  - 4
DO  - 10.3844/ajassp.2005.836.842
UR  - https://thescipub.com/abstract/ajassp.2005.836.842
AB  - This study investigates the relationship among exports, economic growth, investments and employment in a former country of the Soviet Union such as Ukraine. The purpose of this study was to examine the long-run relationship between these variables using quarterly data for the period 1991:I-2000:IV and applying the cointegration analysis as suggested by Johansen and Juselious. Then a multivariate autoregressive vector model (VAR) is used to estimate the short-run and the long-run relationships of variations of this model. The results suggested that export growth in combination with the increase of investments and employment have a positive effect on Ukraine’s economic growth.