The Effect of Selected Economic Indicators on Export of Goods of Regions of Ukraine

Abstract

The paper is devoted to estimation of impact of selected economic indicators (gross regional product per capita, foreign direct investment per capita, and the average monthly nominal wage of the regular employee) on export of goods per capita of regions of Ukraine. It is based on the data of State Statistics Service of Ukraine for 2010-2015. The prepared regression model confirms that all above-mentioned indicators have a positive impact on export trade activities at a regional level of the country. Though, the level of influence of the indicators on export of goods per capita is different. The results of the paper show that the impact of foreign direct investment on export activities was not statistically significant. Gross regional product positively affects this indicator. The lowest influence on the export of goods per capita is observed for the average monthly nominal wage of the regular employee.

Keywords

• export
• foreign trade
• Ukraine