IDEAS home Printed from https://ideas.repec.org/a/nos/social/y2019i1p20-34.html
   My bibliography  Save this article

Estimation Of Resilience Of Ukrainian Industry To Shock Influences: Comparative Analysis

Author

Listed:
  • Lebedeva, Larysa

    (Kyiv National University of Trade and Economics)

  • Shtunder, Irina

    (Kyiv National University of Trade and Economics)

  • Scherbakova, Tamila

    (Kyiv National University of Trade and Economics)

  • Khrustalova, Viktoria

    (Kyiv National University of Trade and Economics)

Abstract

The study of resilience of the industrial sector to shock influences is especially urgent taking into account the constant instability of the economic and political environment in Ukraine and in the world. The aim of the paper is to determine the resilience level of Ukrainian industry to shock influences for improving state support programs for industrial production and decreasing negative results of shock influences on economy of the country. Thus, the object of the study is Ukrainian industry. Methods of comparative analysis have been used in the paper. Based on parameters of economic safety, there have been determined main indicators that allow to estimate the resilience level of industry to external and internal shocks. These indicators include estimation of the condition of industry of the country, namely: its ability to keep balance and to renew itself after shocks, general parameters of economic effectiveness such as labor productivity, labor intensity, profitability of operational activity, indices of the level of technological support of industry. Resilience to shocks of the external sector is presented by the analysis of indicators of export-import operations. For objectivity of the conducted analysis, indicators of Ukrainian industry have been compared with European countries. According to the results of the conducted analysis, the conclusion has been made about the unstable condition of Ukrainian industry, because eleven of thirteen analyzed indicators are beyond threshold values, and only two ones: labor intensity of industrial production and a share of manufacturing industry in GDP are lower or within a threshold value. For providing the growth of industrial production in separate regions of Ukraine, there it has been offered to create a base productions in industry. The following base productions have been determined in Ukrainian industry: production of engines of different types, semiconductors and microelectronics, constructor materials, diverse products of inter-branch destination.

Suggested Citation

  • Lebedeva, Larysa & Shtunder, Irina & Scherbakova, Tamila & Khrustalova, Viktoria, 2019. "Estimation Of Resilience Of Ukrainian Industry To Shock Influences: Comparative Analysis," EUREKA: Social and Humanities, Scientific Route OÜ, issue 1, pages 20-34.
    • Handle: RePEc:nos:social:y:2019:i:1:p:20-34
    as

    Download full text from publisher

    File URL: http://eu-jr.eu/social/article/viewFile/816/834.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Blanchard, Olivier & Wolfers, Justin, 2000. "The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence," Economic Journal, Royal Economic Society, vol. 110(462), pages 1-33, March.
    2. Jacques Pelkmans & Lourdes Acedo Montoya & Alessandro Maravalle, 2008. "How product market reforms lubricate shock adjustment in the euro area," European Economy - Economic Papers 2008 - 2015 341, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    3. Sanghoon Ahn, 2002. "Competition, Innovation and Productivity Growth: A Review of Theory and Evidence," OECD Economics Department Working Papers 317, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Feld, Lars P. & Hirsch, Patrick F. & Köhler, Ekkehard A. & Wolfinger, Julia & Döhrn, Roland & Fuest, Angela & Micheli, Martin, 2017. "Auswirkungen der Rettungsprogramme auf die Wettbewerbsfähigkeit der Programmländer Portugal und Irland. Endbericht," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 177813.
    2. Jollès, Maya & Meyermans, Eric & Vašíček, Bořek, 2023. "Determinants of macroeconomic resilience in the euro area: An empirical assessment of national policy levers," Economic Systems, Elsevier, vol. 47(3).
    3. Christian Dreger & Manuel Artís & Rosina Moreno & Raúl Ramos & Jordi Suriñach, 2007. "Study on the feasibility of a tool to measure the macroeconomic impact of structural reforms," European Economy - Economic Papers 2008 - 2015 272, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    4. Heshmati Almas & Karlson Nils & Box Marcus, 2013. "Generality, State Neutrality and Unemployment in the OECD," Global Economy Journal, De Gruyter, vol. 13(3), pages 333-358, December.
    5. Alhassan Abdul-Wakeel Karakara & Evans Osabuohien, 2020. "ICT adoption, competition and innovation of informal firms in West Africa: a comparative study of Ghana and Nigeria," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing Limited, vol. 14(3), pages 397-414, June.
    6. Chéron, Arnaud & Hairault, Jean-Olivier & Langot, François, 2004. "Labor Market Institutions and the Employment-Productivity Trade-Off: A Wage Posting Approach," IZA Discussion Papers 1364, Institute of Labor Economics (IZA).
    7. Olivier Blanchard & Thomas Philippon, 2004. "The Quality of Labor Relations and Unemployment," NBER Working Papers 10590, National Bureau of Economic Research, Inc.
    8. repec:spo:wpecon:info:hdl:2441/6120 is not listed on IDEAS
    9. Julián Messina, 2005. "Institutions and Service Employment: A Panel Study for OECD Countries," LABOUR, CEIS, vol. 19(2), pages 343-372, June.
    10. Engelbert Stockhammer & Simon Sturn, 2012. "The impact of monetary policy on unemployment hysteresis," Applied Economics, Taylor & Francis Journals, vol. 44(21), pages 2743-2756, July.
    11. Christopher A. Pissarides, 2003. "Unemployment in Britain: A European Success Story," CESifo Working Paper Series 981, CESifo.
    12. Carlo Altavilla & Floro E. Caroleo, 2006. "Evaluating the Dynamic Effects of Active Labour Policies in Italy," LABOUR, CEIS, vol. 20(2), pages 349-382, June.
    13. repec:spo:wpmain:info:hdl:2441/8807 is not listed on IDEAS
    14. Roberto Martino & Phu Nguyen-Van, 2014. "Labour market regulation and fiscal parameters: A structural model for European regions," Working Papers of BETA 2014-19, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    15. Bettina Peters & Rebecca Riley & Iulia Siedschlag & Priit Vahter & John McQuinn, 2014. "Innovation and Productivity in Services: Evidence from Germany, Ireland and the United Kingdom," JRC Working Papers on Corporate R&D and Innovation 2014-04, Joint Research Centre.
    16. Vicente Rios Ibañez, 2014. "What drives regional unemployment convergence?," ERSA conference papers ersa14p924, European Regional Science Association.
    17. Lamo, Ana & Messina, Julián & Wasmer, Etienne, 2011. "Are specific skills an obstacle to labor market adjustment?," Labour Economics, Elsevier, vol. 18(2), pages 240-256, April.
    18. Bruno Amable & Donatella Gatti & Jan Schumacher, 2006. "Welfare-State Retrenchment: The Partisan Effect Revisited," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(3), pages 426-444, Autumn.
    19. Wifo, 2019. "WIFO-Monatsberichte, Heft 12/2019," WIFO Monatsberichte (monthly reports), WIFO, vol. 92(12), December.
    20. Ansgar Belke & Rainer Fehn, "undated". "Institutions and Structural Unemployment: Do Capital-Market Imperfections Matter?," German Working Papers in Law and Economics 2001-default/2001/1-1008, Berkeley Electronic Press.
    21. Luigi Bonatti, 2007. "Evolution of preferences and cross-country differences in time devoted to market work," Department of Economics Working Papers 0719, Department of Economics, University of Trento, Italia.
    22. Alexander Mihailov & Giovanni Razzu & Zhe Wang, 2019. "Heterogeneous effects of single monetary policy on unemployment rates in the largest EMU economies," Economics Discussion Papers em-dp2019-07, Department of Economics, University of Reading.

    Corrections

    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:nos:social:y:2019:i:1:p:20-34. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Helen Klimashevska (email available below). General contact details of provider: http://eu-jr.eu/social .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.