Diversification Rate of Energy Balance and Energy Export Demand Risk Impacts on Economic Growth: The Case of Azerbaijan

Bayramov, Shahin; Mehdiyeva, Gulsura Y.; Eyvazov, Agil A.; Mustafayev, Elchin R.

doi:10.46398/cuestpol.3968.18

Cited by 2 publications

(1 citation statement)

References 22 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The share of energy obtained from renewable sources in the country's energy balance is about 3%. Since an essential part of the country's energy balance is in hydrocarbon reserves, the level of diversification is low (Bayramov, 2021).…”

Section: The Dynamics Of Economic Development Of Different Countriesmentioning

confidence: 99%

Comparative Assessment of Energy Security Level: The Case of the South Caucasus Countries

Aliyev,

Gulaliyev,

Purhani

et al. 2024

IJEEP

View full text Add to dashboard Cite

The paper compares the energy security of three South Caucasus countries - Azerbaijan, Georgia, and Armenia. These countries differ from each other due to the use of different energy sources. The investigation used 28 indicators classified into six groups based on World Bank data to assess energy security. Indicators for each group were assessed as “stimulating” or “not stimulating” energy security. According to the results, Georgian’s energy security is less risky because of it uses renewable energy sources. Ensuring long-term energy security in Azerbaijan requires greater use of renewable energy sources. Armenia’s energy security is at higher risk due to its higher dependence on imports and poor use of renewable resources.

show abstract

Section: The Dynamics Of Economic Development Of Different Countriesmentioning

confidence: 99%

Comparative Assessment of Energy Security Level: The Case of the South Caucasus Countries

Aliyev,

Gulaliyev,

Purhani

et al. 2024

IJEEP

View full text Add to dashboard Cite

show abstract

The impact of trade policy on the export of agricultural products of Azerbaijan

Musayeva,

Atakishiyeva,

Mammadova

et al. 2024

Scientific Horizons

View full text Add to dashboard Cite

The study presented a comprehensive analysis of the factors affecting the competitiveness of agricultural products in Azerbaijan, with an emphasis on assessing the role of trade policy and government support. The main focus was on the impact of trade agreements, tariff and non-tariff barriers, and subsidy programmes on export volumes. Using the methods of statistical and comparative analysis, the main determinants affecting the export of agricultural products were identified and their importance is assessed. The purpose of the study was to develop effective measures and strategies to improve the export potential and increase the competitiveness of Azerbaijan’s agricultural sector in international markets through the analysis of key factors and the impact of trade policy. The results of the study showed that Azerbaijan’s participation in international trade agreements has a positive impact on export performance. The conclusion of bilateral agreements with key trading partners such as the EU, Turkey, and Iran contributed to the reduction of trade barriers and the opening of new markets. This highlighted the importance of the country's continued active participation in global trade initiatives. The analysis also confirmed the substantial impact of government subsidies on the competitiveness of products. Targeted subsidies helped to reduce the cost of production and improve quality, which is especially important in the context of international competition. Measures were proposed to optimise subsidy programmes and improve efficiency. Special attention is paid to the role of tariff and non-tariff barriers, which remain a considerable obstacle to exports. The study showed that high tariffs and strict non-tariff requirements substantially limit export potential. In this regard, it is recommended to continue the unification of standards with international requirements and simplify certification procedures. The results of the study emphasised the need to modernise the agricultural sector and introduce innovations. The introduction of modern technologies and the improvement of logistics infrastructure contributed to an increase in export volumes and strengthen positions in international markets. Thus, the study identified the main factors affecting the export of agricultural products of Azerbaijan and proposes specific measures to improve trade policy and increase the competitiveness of products in international markets

show abstract

Diversification Rate of Energy Balance and Energy Export Demand Risk Impacts on Economic Growth: The Case of Azerbaijan

Cited by 2 publications

References 22 publications

Comparative Assessment of Energy Security Level: The Case of the South Caucasus Countries

Comparative Assessment of Energy Security Level: The Case of the South Caucasus Countries

The impact of trade policy on the export of agricultural products of Azerbaijan

Contact Info

Product

Resources

About