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Empirical study of the determinants of raw materials global prices, the role of dollar's exchange rate and the influence of exchange and monetary global factors upon Ukrainian economy

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  • Tetyana Bohdan

    (Institute for economics and Forecasting, Ukrainian NAS, kyiv)

Abstract

The author reveals the determinative factors of global prices for raw materials (including soft commodities, metals and ores) and explains the role of dollar's exchange rate in world prices fluctuations. The quantitive estimates of dependencies between US dollar exchange rate (vis-Ã -vis major world currencies) and commodity prices at the global markets are presented. The author identifies and estimates the effects of the US dollar exchange rate strengthening (falling) and the effects of commodity prices fluctuations for the export's revenues and economic growth in Ukraine.

Suggested Citation

  • Tetyana Bohdan, 2015. "Empirical study of the determinants of raw materials global prices, the role of dollar's exchange rate and the influence of exchange and monetary global factors upon Ukrainian economy," Ukrainian Journal Ekonomist, Yuriy Kovalenko, issue 12, pages 19-24, December.
  • Handle: RePEc:uje:journl:y:2015:i:12:p:19-24
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