The purpose of this study is to substantiate employee value (EV) and its impact on labor productivity in agriculture using the example of Azerbaijan. Using a survey of employees in agricultural enterprises, personnel values have been determined that determine the level of labor productivity in agriculture. A factor structure of EV has been determined, which has the following form: basic moral values, values of self-development and self-realization, democratic values, hedonistic values, dedication, tolerance, and power factor. The modeling by structural equations method has been used to determine the relationship between the priority of EV, the level of consistency of the system of EV, and labor productivity. The study has determined that a stimulating effect on labor productivity is provided by an increase in the priority and development of moral values, democratic values, values of self-development and self-realization of employees. The development of hedonistic values, however, has a destabilizing effect.

The study's purpose was to develop an approach to the empirical assessment of the impact on the quality of HC to the developing economy during the economic crisis on the example of Azerbaijan. To obtain quantitative assessments of the qualitative characteristics of human capital development, the questionnaire method has been used. Based on a survey of 7232 people (which has been carrying out for July-September 2017-2020 in the context of the economic regions of Azerbaijan) and the main components' method, the factors of the qualitative characteristics of the development of the HC was determined. Using the method of linear regression modeling, the fact statistically more level significant influence on the level of economic development of the country of qualitative indicators of the development of the HC has been determined than quantitative indicators during the economic crisis. An integral model of an empirical assessment of HC's qualitative development has been developed

The article's purpose is to empirically substantiate the impact of human development (HC) on the sustainable development of Azerbaijan in current conditions. Using the principal component method, we have determined the components of HC (a factor of professional development, health status, availability of labor force, financial activation of human potential) and sustainable development (low-tech economic development, medium and high-tech economic, environmental, and social development. Regarding the assessment of the influence of the HC components on sustainable development in Azerbaijan, we used the methods of linear and non-linear regression models. A differentiated nature of the effect of the HC components on sustainable development has been established, depending on the state of health of the population, on the level of technological effectiveness of the economy. It has been substantiated that the driver of sustainable development is the qualitative rather than the quantitative component of HC.

The article aims to substantiate the relationship between the components of corporate social responsibility in business (CSR) during the economic integration of the GUAM member countries on the principles of sustainable development. We used the questioning to determine the structural elements of CSR of the GUAM member countries and econometrically analyzed the level of development of CSR for each country. The GUAM countries' hierarchical structure of CSR business was established using the Granger causality test and the graph method. This study proves that in times of crisis, along with economic responsibility, a fundamental role is played by national responsibility in ensuring justice, equality, and peace (for Georgia, Azerbaijan, and Moldova). And in the conditions of a full-scale war (in the example of Ukraine), national responsibility, responsibility in ensuring justice and equality, and peace are more significant than economic responsibility. The conclusions obtained are practical and may help develop strategies for effective economic cooperation between countries within the framework of GUAM.

The study aimed to empirically evaluate the effectiveness of fiscal policy in the context of the economic slowdown  in Azerbaijan caused by the COVID19 pandemic. Using the Granger test, causal relationships between fiscal indicators and indicators of macroeconomic development in Azerbaijan have been determined. Presented an integrated assessment of the development of the national economy under the influence of the fiscal policy in the country. Using the regression analysis, fiscal risks have been identified that have a destabilizing effect on the economy and aggravating its state during a period of economic shock in the short term. The hypothesis about the different influence of the values of the public expenditure multipliers on the economy, depending on their functional directions, has been confirmed. The structure of expenses of the state budget of Azerbaijan has been empirically optimized, increasing production expenses.