Regional risk-sharing in Ukraine
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F21%3A43919453" target="_blank" >RIV/62156489:43110/21:43919453 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.1007/s10663-020-09500-7" target="_blank" >https://doi.org/10.1007/s10663-020-09500-7</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s10663-020-09500-7" target="_blank" >10.1007/s10663-020-09500-7</a>
Alternative languages
Result language
angličtina
Original language name
Regional risk-sharing in Ukraine
Original language description
This paper analyzes the impact of ethnic heterogeneity and military conflict on the degree of regional consumption risk-sharing in Ukraine. Ethnicity and violent conflicts can influence risk-sharing e.g. through social capital, ethnic fractionalization, migration, and remittances. The sample consists of 25 Ukrainian oblasts and covers the highly volatile period from 2003 to 2016. Our results suggest that the degree of consumption risk-sharing is comparably high, between 70 and 80% on average. Moreover, consumption risk-sharing is significantly higher in the regions with a large Russian minority, which are enjoying special treatment by Russia. By contrast, the degree of financial development, as proxied by deposit and loan share in GRP, does not significantly affect the regional degree of consumption risk-sharing. Furthermore, we apply spatial models to control for spatial dependence across regions. Results are confirmed and it is shown that spatial correlation is important. Finally, we show that the recent geopolitical conflict in east Ukraine changed the regional degree of consumption risk-sharing.
Czech name
—
Czech description
—
Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50206 - Finance
Result continuities
Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Empirica
ISSN
0340-8744
e-ISSN
—
Volume of the periodical
48
Issue of the periodical within the volume
3
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
16
Pages from-to
645-660
UT code for WoS article
000635079300001
EID of the result in the Scopus database
2-s2.0-85103407128