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Author(s): Olena Oliynyk

Title: Financial system and agricultural growth in Ukraine

Source: International Scientific Days 2016. The Agri-Food Value Chain: Challenges for Natural Resources Management and Society

Document Type: Scientific paper

ISBN: 978-80-552-1503-7

DOI: http://dx.doi.org/10.15414/isd2016.s5.06

Publisher: Slovak University of Agriculture in Nitra

PY, pages: 2016, 361-369

Published on-line: 2016-06-24

Language: eng

Abstract: We build the simplified models of integral indicator of level of financial system development and agricultural growth using the principles of concept of "moderate middle way". We use the simplified models of integral indicator to compare the level of financial system development, economic and agricultural growth and to explore the trend of financial development and agricultural growth in Ukraine. We use the integral indicators and econometric methodologies to assess the relationship between financial development and agricultural growth in Ukraine. The results of the study revealed the absence of statistical relationship between integral indicators of financial system development and agricultural growth in Ukraine. We can ascertain the presence arguments for the existence of the impact the banking component of the financial system on the agriculture in Ukraine. The regression models showed significant directly proportional relationship between certain aspects of agriculture and resources and effectiveness of the banking sector.

Keywords: Agricultural growth, the integral indicator of the agricultural growth, the integral indicator of the financial system development, financial system

JEL Classification: G14, G21, Q13

Rights: Open Access :: Creative Commons Attribution 4.0 Licence
Creative Commons License
Toto dielo je publikované pod/This work is licensed under a Creative Commons Attribution 4.0 International License.