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Export potential analysis of economic activities in Ukraine in the context of knowledge economy

Аналіз експортного потенціалу видів економічної діяльності України в контексті економіки знань

descriptionPublicationkeyboard_double_arrow_right Article 29 Dec 2020Publisher:Odessa Polytechnic National UniversityJournal:Economic journal Odessa polytechnic university, volume 4, pages 70-75 (issn: 2521-103X, eissn: 2521-6384,

Authors: Ihor B. Oleksiv; Diana R. Mirzoieva;

doi: 10.15276/ej.04.2020.9 , 10.5281/zenodo.4475466 , 10.5281/zenodo.4475467

Export potential analysis of economic activities in Ukraine in the context of knowledge economy

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Abstract

The purpose of current article is to evaluate the export potential of economic activities of Ukraine in the conditions of development of the knowledge economy using the method of k-means cluster analysis and hierarchical clustering. To do this, three indicators were identified that will characterize the export potential of economic activities in the development of the knowledge economy: labor intensity, share of value added in the output of each activity and the share in total exports of Ukraine in 2019. As the result of the cluster analysis, four clusters with different export potential were identified and their differences were investigated. Recommendations for increasing their export potential were developed for all clusters.

Related Organizations

Lviv Polytechnic National University
Ukraine

Keywords

knowledge economy, labour intensity, GDP, working hours

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