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We examine the relationship between oil price fluctuations and economic activity in Azerbaijan using vector …'s capacity to subsidize the remaining economy. Second, oil price innovations also lead to higher inflation in Azerbaijan. In …
Persistent link: https://www.econbiz.de/10012012489
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We examine the relationship between oil price fluctuations and economic activity in Azerbaijan using vector …'s capacity to subsidize the remaining economy. Second, oil price innovations also lead to higher inflation in Azerbaijan. In …
Persistent link: https://www.econbiz.de/10012869960
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Azerbaijan's economy is extractive industry-led and not well-diversified. A comprehensive understanding of the role of … the oil industry in the Azerbaijani economy is still a desideratum. Azerbaijan's national economy was a popular case study … being explored. This working paper is nothing more than experimentation results for the Azerbaijan economy within the NRS …
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