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Econometric Analysis of the Relationships Between Growth, Exports and Energy Exports in Azerbaijan

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  • Nigar Huseynli

    (Azerbaijan State University of Economics (UNEC), Azerbaijan)

Abstract

The place of exports in the economic development of a country has a very important share. Whether in developed or developing countries, the demand for energy makes energy exports important in exports. In this study, the relationship between the economic growth of Azerbaijan, the total amount of exports and energy exports has been tried to be determined. The data for the analysis were obtained from the Azerbaijan State Statistics Institute on an annual basis. Eviews. 5 for performing the analysis program has been used. After taking the logarithmic values of the data, the data were made stationary, the appropriate lag lengths were found, and then they were subjected to the Granger causality test. Correlation relationships were also examined in order to measure the strength of the relationship between the data.

Suggested Citation

  • Nigar Huseynli, 2022. "Econometric Analysis of the Relationships Between Growth, Exports and Energy Exports in Azerbaijan," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 379-385, March.
    • Handle: RePEc:eco:journ2:2022-02-42
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    References listed on IDEAS

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    Cited by:

    1. Bahman Huseynli, 2023. "Effect of Exports of Goods and Services and Energy Consumption in Italy`s Service Sector," International Journal of Energy Economics and Policy, Econjournals, vol. 13(3), pages 254-261, May.
    2. Bahman Huseynli, 2023. "Causality Relationship between the Development of the Oil and Gas Sector and Foreign Investments," International Journal of Energy Economics and Policy, Econjournals, vol. 13(2), pages 404-409, March.
    3. Bahman Huseynli, 2023. "Renewable Solar Energy Resources Potential and Strategy in Azerbaijan," International Journal of Energy Economics and Policy, Econjournals, vol. 13(1), pages 31-38, January.

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    More about this item

    Keywords

    GDP; Export; Energy; Granger; VAR;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling

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