Assessment of the Ukrainian Industries’ Participation in Global Value Added Chains
Khaustova V. Y., Reshetnyak O. I., Poliakova O. Y., Shlykova V. O.

Khaustova, Viktoriia Ye. et al. (2020) “Assessment of the Ukrainian Industries’ Participation in Global Value Added Chains.” The Problems of Economy 3:73–85.
https://doi.org/10.32983/2222-0712-2020-3-73-85

Section: Economics and national economy management

UDC 330.5.057.7

Abstract:
The article aims at assessing the Ukrainian industries’ participation in global value-added chains and identifying prospects for intensifying these processes. The research methods used are the following: statistical analysis, comparison, and graphical analysis. The rise of the role of exporting products with high added value, as well as that of their integration into global value creation chains has been identified. A methodical approach to assessing the Ukrainian industries’ participation in global value creation chains is proposed, making it possible to determine the level of the country’s involvement in the process of international labor division by industries. The export pattern of Ukrainian industries has been analyzed, and the industries that have a significant export share in total exports and in the output composition have been identified. The main indicators of the country’s participation in global value-added chains have been calculated, namely: the national value added in the country’s exports by industry; the contribution of certain sectors of the economy to the national value added of gross exports; the share of the total national gross exports value added accounting for the national value added in specific industries. The positioning of industries in the plane of coordinates ‘share in the exports pattern – share in the national value added in exports’ has been carried out. It has been determined that the share of national value added in the exports of Ukrainian extractive industries is higher than the average one in the countries surveyed, while in the manufacturing sphere it is lower, which confirms the nearly total lack of knowledge-intensive and innovative stages of manufacturing in the latter, thus raising the share of low-grade products in exports. Several directions of the rational integration of Ukraine’s economy into global value added chains have been suggested. State policy measures to intensify the involvement of Ukrainian producers in global value added chains have been designed.

Keywords: industry, national value added in exports, value creation chain.

Fig.: 12. Tabl.: 1. Formulae: 3. Bibl.: 14.

Khaustova Viktoriia Ye. – Doctor of Sciences (Economics), Professor, Director, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: v.khaust@gmail.com
Reshetnyak Olena I. – Doctor of Sciences (Economics), Associate Professor, Head of, Sector of Industrial Policy and Innovative Development, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: reshetele@ukr.net
Poliakova Olha Yu. – Candidate of Sciences (Economics), Associate Professor, Head of, Sector of Macroeconomic Analysis and Forecasting of the Department of Macroeconomic Policy and Regional Development, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: polya_o@ukr.net
Shlykova Viktoriia O. – Candidate of Sciences (Economics), Senior Research Fellow, Department of Macroeconomic Policy and Regional Development, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine)
Email: v.shlykova@ukr.net

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