{"product_id":"export-diversification-in-ukraine-von-mykhailo-syrotenko","title":"EXPORT DIVERSIFICATION IN UKRAINE","description":"\u003cp\u003eExport diversification is very essential for  transition countries. External economy of Ukraine is  an issue of high interest of economists because  Ukraine takes one of the first places in the world  regarding the rate of ration of foreign-trade to GNP.  The reasons for diversification of Ukrainian trade  are quite clear. Ukraine will be less sensitive to  the shocks on the world markets of products in case  of more diversified trade. So export diversification  decreases the risks from the unstable demand of the  trade partners. This paper uses the recent  developments in the international trade theory that  considers the fact that some firms export, some do  not to investigate the pattern of export  diversification.  Using a gravity model the highly  disaggregated trade data in the period from 2001 to  2007 was analyzed. It was found that intensive margin  is the most important share of the trade growth. As  for extensive margin we can conclude that  geographical extensive margin is more important than  product extensive for the growth of export. Signing  free trade agreement increases the probability to  diversify.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838336367\"\u003e\u003ch3\u003eINTENSIVE AND EXTENSIVE MARGINS\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838336367","offer_id":39498955128925,"sku":"9783838336367","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/42a9fd04-3350-4ff7-8cbc-3667fccab675.jpg?v=1758875226","url":"https:\/\/shop.autorenwelt.de\/products\/export-diversification-in-ukraine-von-mykhailo-syrotenko","provider":"Autorenwelt Shop","version":"1.0","type":"link"}