Input–output analysis in an oil-rich economy: The case of Azerbaijan
This paper aims to provide empirical research to identify the linkages between final demand–total output, final demand–total supply, value-added ratios and prices, and also to analyze total factor productivity growth using input–output framework for 25 sectors. Studying the input–output tables for 2001 and 2006, the research estimates impact and response multipliers of non-oil sectors, as well as non-oil trading sectors. The results are important from the view of development of non-oil trading sectors and diversification of the economy in order to avoid the “resource curse”.
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"The Impact of Real Oil Price on Real Effective Exchange Rate: The Case of Azerbaijan,"
Discussion Papers of DIW Berlin
1041, DIW Berlin, German Institute for Economic Research.
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