Economic costs of the Ukrainian conflict in Donbass: price sector

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Date
2020
Authors
Hnatiuk, Oleksandr
Kyrylych, Volodymyr
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Abstract
The main purpose of this research is to give the answer for the next question: what could be the economic situation of Ukraine without war? For this, authors built the model in which considered three economic sectors: Capital, Labor and Price. The model can run in two modes: historic (with war since 2014) and experimental (without war). In historic mode, stocks take on the initial values that existed in the particular historical year in which the simulation begins (2006). In the experimental model, authors assume that there is no war and we use self-predicted data from 2014 to 2019.
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Keywords
war in the Donbas region, pricing sector, Ukrainian economy, conference materials
Citation
Hnatiuk O. Economic costs of the Ukrainian conflict in Donbass: price sector / Hnatiuk Oleksandr, Kyrylych Volodymyr // 3rd Annual Research Conference "Theory and practice of system dynamics in finance" : proceedings, December 7, 2020, Kyiv / ed. by Olena Primierova ; National University of Kyiv-Mohyla Academy, Department of Finance, Center of Financial and Economic Research [et al.]. - Kyiv : [Інтерсервіс], 2020. - P. 26-31.