<b>Russian Abstract:</b> В монографии исследуются основные тенденции развития мировой... more <b>Russian Abstract:</b> В монографии исследуются основные тенденции развития мировой экономики, возможности применения традиционной теории интеграции к переходным экономикам, рассмотрены предпосылки, особенности и механизм интеграции переходной экономики Азербайджана в системе мирохозяйственных связей. Для студентов, преподавателей, деловых людей,широеого круга читателей.<br><br><b>English Abstract:</b> The monograph examines the main trends in the development of the world economy, the opportunities of applying the traditional theory of integration to transition economies, consider the prerequisites, features, and mechanism of integration of the transition economy of Azerbaijan in the system of world economic relations. It may be very useful for students, teachers, businessmen, and a broader audience.
Until recently, intellectual property law has been kept away from the political realm, as it was ... more Until recently, intellectual property law has been kept away from the political realm, as it was merely linked to economic and legal factors. However, in light of recent geopolitical processes and politically charged conflicts, political science has taken dominance in terms of intellectual property (IP) development and proclivities. In contemporary international politics, it is critical to explain and perceive IP tendencies and systems from the perspectives of political science and political economy, to consider appropriate retorts to processes arising from IPR conflicts in the Karabakh region of Azerbaijan during the occupation. Azerbaijan had been confronted with limitations of its control over its territory due to the nearly three decades of the Karabakh conflict. In this regard, the article will answer questions related to the violation of intellectual property rights, the exploitation of goods and services, as well as the other IPR problems encountered by Azerbaijan during the ...
The data provided in Appendixes A–C was used in conducting the analysis and realization of the mo... more The data provided in Appendixes A–C was used in conducting the analysis and realization of the models. More precisely, data on the daily price of Brent crude oil in world oil, covering the period from January 2, 1986, to December 29, 2017 (US Energy Information Administration 2018a, b) (Appendix B); average annual oil prices in 1986–2017 (Appendix C) and 1861–2016 (Table 2.4); and the Wolf number information characterizing solar activity during the period 1700–2017 are included as inputs into the models.
In this article the integration between science and education has been studied. The number of ind... more In this article the integration between science and education has been studied. The number of indexed scientific articles in Azerbaijan is accepted as a explained variable, which is pulled up from SCOPUS scientific bibliographic base and its dependence on the number of admitted PhD students has been assesed running the econometric model. In addition, the dependence of explained variable on the GDP value, education and science has been calculated by running the econometric models. As a result, the ratio of Doctor of Science to Doctor of Philosophy has been calculated.
The roles that hydrocarbon resources, including oil products as energy carriers, play in the econ... more The roles that hydrocarbon resources, including oil products as energy carriers, play in the economy and in the life of people are undeniable. Thus, a demand arises for oil and oil products as energy carriers. Oil has been extracted for many years, and it is already produced in more than 100 countries that contribute to the supply of oil and oil products. The changes in supply and demand for oil continuously maintain the volatility of the oil price, increasing the interest of producers and consumers in oil prices.
To provide a forecast of oil prices, the time series (TS) covering the average prices of the Bren... more To provide a forecast of oil prices, the time series (TS) covering the average prices of the Brent, Dubai, and West Texas Intermediate (WTI) oils in the months between January 1960 and 2017 is reviewed (see Appendix F). As Azeri Light oil from Azerbaijan has only a small time series, its prices are not included in the model. However, since the prices of Azeri Light oil in the world market are heavily dependent on the prices of other oils, its forecast prices have been predicted to build regression models that are dependent on the prices of other oils. It should be noted that the prices of Azeri Light oil in the world market are slightly higher than the prices of other oils.
International Journal of Energy Economics and Policy, 2018
Researchers devoted a great attention to the studying of the solar activity for a long time. The ... more Researchers devoted a great attention to the studying of the solar activity for a long time. The reason is that the Sun has a strong impact on the world and people's lives. An increase in solar activity triggers world magnetic field that causes to increase the physical and mental health of the people. Human capital has a very important role in economic, social and demographic development. Therefore, solar activity can be considered as an important factor for the above detailed areas. The solar activity is defined with different indicators. The results of the econometric models indicate that an increase in solar activity (Wolf number) has a positive effect on rate, natural population growth, marriage and a negative effect on mortality and divorces. The solar activity has a positive impact on world GDP, investment and world oil prices.
The aim of the article is to improve the possibilities for learning and applying practical tips o... more The aim of the article is to improve the possibilities for learning and applying practical tips on competition protection, and to develop ways to promote competition and economic growth that will enhance the prosperity of the economy and society. It is important that the goal of competition protection is to create conditions that will lead to a more competitive market structure and business behavior without direct intervention from the competition body. Note that the most disadvantageous alternative to the competition body is the application of close and lasting control of the dominant firms by competition law. This alternative results in more inadequate funding by requiring more resources. Modern economic reality, characterized by the transformation of economic relations, business globalization, integration of transitional economies into the global space, makes the development of competitive relationships more important for improving economic and innovation performance. As a result...
<b>Russian Abstract:</b> В монографии исследуются основные тенденции развития мировой... more <b>Russian Abstract:</b> В монографии исследуются основные тенденции развития мировой экономики, возможности применения традиционной теории интеграции к переходным экономикам, рассмотрены предпосылки, особенности и механизм интеграции переходной экономики Азербайджана в системе мирохозяйственных связей. Для студентов, преподавателей, деловых людей,широеого круга читателей.<br><br><b>English Abstract:</b> The monograph examines the main trends in the development of the world economy, the opportunities of applying the traditional theory of integration to transition economies, consider the prerequisites, features, and mechanism of integration of the transition economy of Azerbaijan in the system of world economic relations. It may be very useful for students, teachers, businessmen, and a broader audience.
Khazar Journal of Humanities and Social Sciences, 2021
In this study, the relationship between space and geography in the composition of nationalism is ... more In this study, the relationship between space and geography in the composition of nationalism is examined. As a modern ideology, nationalism has been the most powerful ideology for the last two centuries that have shaped the world map, constructing identities and influencing people’s worlds of meaning. Understanding the content of nationalism, which is such a powerful ideology, is essential in understanding today’s events. Therefore, in the present study, the relationship between nationalism and geography is explained through the concept of space, which is one of the two components of identity phenomena. This statement, what is the effect of geography on the composition of nationalism? The answer to the question is made around. It is necessary to understand the conceptual and methodological frameworks of the study to answer this question. The literature review constitutes the methodological framework of the study. The literature on nationalism has been analyzed in this manner. The c...
Competition plays key driving force for economic development in the efficient market economy. To ... more Competition plays key driving force for economic development in the efficient market economy. To achieve competitive advantage at the international level, each country needs to improve competitiveness on different economic indicators at the national level. The Global Competitiveness Report 2018 of World Economic Forum calculated the competitiveness index of countries under 98 sub-indexes. The goal of the research is econometric assessment of the impact of competitiveness to economic development in the oil rich countries, such as Azerbaijan. For the purposes of this research, the global rating of Azerbaijan was determined through calculating the volume of GDP, as well as, oil and non-oil GDP. The research was conducted by applying systematic and statistical analysis and running Excell and Eviews8 calculations. As a result, the impact of competitiveness index to the GDP (oil and non-oil GDP) at the oil rich countries, such as Azerbaijan was calculated and following outcomes were achie...
In this article Azerbaijan’s dynamic "input-output" model with the methodological basis... more In this article Azerbaijan’s dynamic "input-output" model with the methodological basis of the inverse models of recursion was developed. The interbranch relations in Azerbaijan economy have been studied by means of a developed model, including mutually related oil and non-oil sectors. Dynamic model with inverse recursion refers to the type of dynamic "input-output" models. In this model, endogenous (found) parameters are total output and investments sectors. More precisely, the forecasted output volume for the final year of the sectors’ and the total volume of capital investments for the entire period in each and every sector are found. The yearly distribution of capital investment is realized via an exogenously given parameter. The calculation in this model is implemented in two stages. In the first stage, the total output volume of the sectors for the final year and the total volume of capital investments in each sector for the entire forescasted period are de...
Turkish Journal of Computer and Mathematics Education (TURCOMAT), 2021
It is evident from research on economic and social progress that economic growth does not always ... more It is evident from research on economic and social progress that economic growth does not always lead to social progress but, in some cases, leads to increased socio-political tension, social inequality and poverty. Even having increased production of aggregate product on background, the state of the population is deteriorating and economic growth does not provide for a fair distribution of income. A new approach to the concept of economic development began in the global economy in the late XX century. According to these approaches, economic growth cannot be considered as the main purpose and the indicator of development. In addition to economic growth, there are a number of indicators and their mutual relationship promote human development and well-being. This article examines the correlation between indicators characterizing the welfare of the population and economic growth, comparing the position of Azerbaijan in the accounts of international economic organizations on the relevan...
<b>Russian Abstract:</b> В монографии исследуются основные тенденции развития мировой... more <b>Russian Abstract:</b> В монографии исследуются основные тенденции развития мировой экономики, возможности применения традиционной теории интеграции к переходным экономикам, рассмотрены предпосылки, особенности и механизм интеграции переходной экономики Азербайджана в системе мирохозяйственных связей. Для студентов, преподавателей, деловых людей,широеого круга читателей.<br><br><b>English Abstract:</b> The monograph examines the main trends in the development of the world economy, the opportunities of applying the traditional theory of integration to transition economies, consider the prerequisites, features, and mechanism of integration of the transition economy of Azerbaijan in the system of world economic relations. It may be very useful for students, teachers, businessmen, and a broader audience.
Until recently, intellectual property law has been kept away from the political realm, as it was ... more Until recently, intellectual property law has been kept away from the political realm, as it was merely linked to economic and legal factors. However, in light of recent geopolitical processes and politically charged conflicts, political science has taken dominance in terms of intellectual property (IP) development and proclivities. In contemporary international politics, it is critical to explain and perceive IP tendencies and systems from the perspectives of political science and political economy, to consider appropriate retorts to processes arising from IPR conflicts in the Karabakh region of Azerbaijan during the occupation. Azerbaijan had been confronted with limitations of its control over its territory due to the nearly three decades of the Karabakh conflict. In this regard, the article will answer questions related to the violation of intellectual property rights, the exploitation of goods and services, as well as the other IPR problems encountered by Azerbaijan during the ...
The data provided in Appendixes A–C was used in conducting the analysis and realization of the mo... more The data provided in Appendixes A–C was used in conducting the analysis and realization of the models. More precisely, data on the daily price of Brent crude oil in world oil, covering the period from January 2, 1986, to December 29, 2017 (US Energy Information Administration 2018a, b) (Appendix B); average annual oil prices in 1986–2017 (Appendix C) and 1861–2016 (Table 2.4); and the Wolf number information characterizing solar activity during the period 1700–2017 are included as inputs into the models.
In this article the integration between science and education has been studied. The number of ind... more In this article the integration between science and education has been studied. The number of indexed scientific articles in Azerbaijan is accepted as a explained variable, which is pulled up from SCOPUS scientific bibliographic base and its dependence on the number of admitted PhD students has been assesed running the econometric model. In addition, the dependence of explained variable on the GDP value, education and science has been calculated by running the econometric models. As a result, the ratio of Doctor of Science to Doctor of Philosophy has been calculated.
The roles that hydrocarbon resources, including oil products as energy carriers, play in the econ... more The roles that hydrocarbon resources, including oil products as energy carriers, play in the economy and in the life of people are undeniable. Thus, a demand arises for oil and oil products as energy carriers. Oil has been extracted for many years, and it is already produced in more than 100 countries that contribute to the supply of oil and oil products. The changes in supply and demand for oil continuously maintain the volatility of the oil price, increasing the interest of producers and consumers in oil prices.
To provide a forecast of oil prices, the time series (TS) covering the average prices of the Bren... more To provide a forecast of oil prices, the time series (TS) covering the average prices of the Brent, Dubai, and West Texas Intermediate (WTI) oils in the months between January 1960 and 2017 is reviewed (see Appendix F). As Azeri Light oil from Azerbaijan has only a small time series, its prices are not included in the model. However, since the prices of Azeri Light oil in the world market are heavily dependent on the prices of other oils, its forecast prices have been predicted to build regression models that are dependent on the prices of other oils. It should be noted that the prices of Azeri Light oil in the world market are slightly higher than the prices of other oils.
International Journal of Energy Economics and Policy, 2018
Researchers devoted a great attention to the studying of the solar activity for a long time. The ... more Researchers devoted a great attention to the studying of the solar activity for a long time. The reason is that the Sun has a strong impact on the world and people's lives. An increase in solar activity triggers world magnetic field that causes to increase the physical and mental health of the people. Human capital has a very important role in economic, social and demographic development. Therefore, solar activity can be considered as an important factor for the above detailed areas. The solar activity is defined with different indicators. The results of the econometric models indicate that an increase in solar activity (Wolf number) has a positive effect on rate, natural population growth, marriage and a negative effect on mortality and divorces. The solar activity has a positive impact on world GDP, investment and world oil prices.
The aim of the article is to improve the possibilities for learning and applying practical tips o... more The aim of the article is to improve the possibilities for learning and applying practical tips on competition protection, and to develop ways to promote competition and economic growth that will enhance the prosperity of the economy and society. It is important that the goal of competition protection is to create conditions that will lead to a more competitive market structure and business behavior without direct intervention from the competition body. Note that the most disadvantageous alternative to the competition body is the application of close and lasting control of the dominant firms by competition law. This alternative results in more inadequate funding by requiring more resources. Modern economic reality, characterized by the transformation of economic relations, business globalization, integration of transitional economies into the global space, makes the development of competitive relationships more important for improving economic and innovation performance. As a result...
<b>Russian Abstract:</b> В монографии исследуются основные тенденции развития мировой... more <b>Russian Abstract:</b> В монографии исследуются основные тенденции развития мировой экономики, возможности применения традиционной теории интеграции к переходным экономикам, рассмотрены предпосылки, особенности и механизм интеграции переходной экономики Азербайджана в системе мирохозяйственных связей. Для студентов, преподавателей, деловых людей,широеого круга читателей.<br><br><b>English Abstract:</b> The monograph examines the main trends in the development of the world economy, the opportunities of applying the traditional theory of integration to transition economies, consider the prerequisites, features, and mechanism of integration of the transition economy of Azerbaijan in the system of world economic relations. It may be very useful for students, teachers, businessmen, and a broader audience.
Khazar Journal of Humanities and Social Sciences, 2021
In this study, the relationship between space and geography in the composition of nationalism is ... more In this study, the relationship between space and geography in the composition of nationalism is examined. As a modern ideology, nationalism has been the most powerful ideology for the last two centuries that have shaped the world map, constructing identities and influencing people’s worlds of meaning. Understanding the content of nationalism, which is such a powerful ideology, is essential in understanding today’s events. Therefore, in the present study, the relationship between nationalism and geography is explained through the concept of space, which is one of the two components of identity phenomena. This statement, what is the effect of geography on the composition of nationalism? The answer to the question is made around. It is necessary to understand the conceptual and methodological frameworks of the study to answer this question. The literature review constitutes the methodological framework of the study. The literature on nationalism has been analyzed in this manner. The c...
Competition plays key driving force for economic development in the efficient market economy. To ... more Competition plays key driving force for economic development in the efficient market economy. To achieve competitive advantage at the international level, each country needs to improve competitiveness on different economic indicators at the national level. The Global Competitiveness Report 2018 of World Economic Forum calculated the competitiveness index of countries under 98 sub-indexes. The goal of the research is econometric assessment of the impact of competitiveness to economic development in the oil rich countries, such as Azerbaijan. For the purposes of this research, the global rating of Azerbaijan was determined through calculating the volume of GDP, as well as, oil and non-oil GDP. The research was conducted by applying systematic and statistical analysis and running Excell and Eviews8 calculations. As a result, the impact of competitiveness index to the GDP (oil and non-oil GDP) at the oil rich countries, such as Azerbaijan was calculated and following outcomes were achie...
In this article Azerbaijan’s dynamic "input-output" model with the methodological basis... more In this article Azerbaijan’s dynamic "input-output" model with the methodological basis of the inverse models of recursion was developed. The interbranch relations in Azerbaijan economy have been studied by means of a developed model, including mutually related oil and non-oil sectors. Dynamic model with inverse recursion refers to the type of dynamic "input-output" models. In this model, endogenous (found) parameters are total output and investments sectors. More precisely, the forecasted output volume for the final year of the sectors’ and the total volume of capital investments for the entire period in each and every sector are found. The yearly distribution of capital investment is realized via an exogenously given parameter. The calculation in this model is implemented in two stages. In the first stage, the total output volume of the sectors for the final year and the total volume of capital investments in each sector for the entire forescasted period are de...
Turkish Journal of Computer and Mathematics Education (TURCOMAT), 2021
It is evident from research on economic and social progress that economic growth does not always ... more It is evident from research on economic and social progress that economic growth does not always lead to social progress but, in some cases, leads to increased socio-political tension, social inequality and poverty. Even having increased production of aggregate product on background, the state of the population is deteriorating and economic growth does not provide for a fair distribution of income. A new approach to the concept of economic development began in the global economy in the late XX century. According to these approaches, economic growth cannot be considered as the main purpose and the indicator of development. In addition to economic growth, there are a number of indicators and their mutual relationship promote human development and well-being. This article examines the correlation between indicators characterizing the welfare of the population and economic growth, comparing the position of Azerbaijan in the accounts of international economic organizations on the relevan...
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