Research of interdependence of trading partners countries macroeconomic indicators in conditions of economic integration
Keywords:
economic integration, interdependence of indicators, modeling, socio-economic development.Abstract
The world experience of formation of various integration associations is analyzed. Studies in the EU show that European integration had a posi-tive effect on trade. The analysis of foreign and domestic literature on the impact of globalization and integration on inequality in income distribu-tion, the level and quality of life is carried out. Built in the current study the global model of vector autoregression involves major trade partners of Kazakhstan. As a result of model calculations derived functions of pulse impact - responses of all the variables for each country to various shocks such as a sharp drop in global oil prices, the growth of the real exchange rate in China, the decrease in production in Russia, and others are derived. On the basis of panel data econometric calculations and an estimate of the impact of globalization in the long run on income inequality and poverty in the three member countries of the EAEC Kazakhstan, Belarus and the Russian Federation have been conducted.References
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2 Meade J. The Theory of Customs Unions. − Amsterdam: North Holland, 1955. – 228 p.
3 Pomfret R. Is regionalism an increasing feature of the world economy // The World Economy. − 2007. − 30(6). − P. 923-947. 4 Baldwin R. The causes of regionalism // The World Economy. − 1997. − 20(7). − P.865-888.
5 Всемирный банк. http://www.worldbank.org.
6 Beckfield J. European integration and income inequality // American Sociological. – 2006. – Review 71. – P. 964-985.
7 Hanson G., Harrison A. Trade and wage inequality in Mexico // Industrial and Labor Relations Review. – 1999. – 52(2). – C. 271–288.
8 Alderson A. S., Nielsen F. Globalization and the great U-turn: income inequality trends in 16 OECD Counties // American Journal of Sociology. – 2002. – #107. – P. 1244-1299.
9 Мадиярова Д., Абдрахманова Р. Социально-экономические последствия интеграционных явлений (на примере Та моженного союза) // Актуальные проблемы экономики. – 2012. – №9 (135). – С. 393-401.
10 The GVAR handbook. Structure and applications of a macro model in the global economy for policy analysis / Ed. By Mauro F., Pesaran H. – Oxford: Oxford University Press, 2013. – 286 p.
11 Pesaran M.H., Schuermann T., Weiner S.M. Modeling regional interdependencies using a global errorcorrecting macro-econometric model // Journal of business and economic statistics. – 2004. – Vol.22. – P. 129-162.
12 Kang-Kook Lee. Globalization, income inequality and poverty: theory and empirics // http://www.ritsumei.ac.jp/acd/re/ssrc/ result/memoirs/kiyou28/28-05.pdf, 16.04.2015.
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