Equilibrium Prices Model for Sectors of Azerbaijan Economy Based on Input-Output Tables

Hasanli, Yadulla; Hasanov, Fakhri; Mansimli, Malahat

doi:10.2139/ssrn.1784326

Cited by 3 publications

(2 citation statements)

References 4 publications

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“…For example, Ali et al [24], Bon and Pietroforte [25], and Ilhan and Yaman [26] applied the IO techniques to the construction sector and derived implications by comparing the results of the analysis for several countries. De Souza et al [27], Hasanli Salihova [28], and Mun et al [29] used the IO technique to compare, respectively, the roles of the service sector, the tourism sector, and the software and healthcare sectors across countries. Fotia and Teclean [30], Gorska [31], and Thangavelu et al [32] adopted the IO technique to analyze the efficiency of innovation, forward and backward linkage effects, and the economic effect of servicification in global value chains and conducted cross-country comparisons.…”

Section: Introductionmentioning

confidence: 99%

Comparison of the Roles of the South Korean and Japanese Electric Power Sectors in Their National Economies

Lee,

Bak,

Yoo

2024

Energies

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The growing demand for electricity, driven by factors such as the shift to carbon neutrality and economic growth, is a challenge shared by South Korea and Japan. South Korea, a peninsula nation, and Japan, an island country, which are both heavily dependent on foreign energy sources and have manufacturing-based industrial structures, are actively working to secure stable power supplies for their economic development. This article carries out a quantitative analysis of the roles of the South Korean and Japanese electric power sectors (EPSs) in their respective economies, seeking to identify differences and generate actionable insights for decision making and policy formulation. Utilizing the input–output (IO) technique with the latest available data, the analysis includes a demand-side model, a supply-side model, and a price-side model to examine various effects of the EPSs. The key findings reveal differences in the production-inducing, value-added creation, and job-creation effects between the two countries, highlighting operational disparities in their electricity sectors. Additionally, South Korea exhibits higher wage-inducing, supply shortage, and price-side effects than Japan, because of its public enterprise-oriented high-wage structure and a substantial manufacturing sector. These quantitative results provide valuable reference material for future government decisions and policy development in the EPS and emphasize the significant role and impact of the power sector in both countries.

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Section: Introductionmentioning

confidence: 99%

Comparison of the Roles of the South Korean and Japanese Electric Power Sectors in Their National Economies

Lee,

Bak,

Yoo

2024

Energies

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“…analysis was carried out. At the same time, the existing model was developed in the format of 101 spheres of economic activity [5]. Please note, that the authors considered a balanced pricing model in terms of economic activity provided by SSC.…”

Section: Introductionmentioning

confidence: 99%

Evaluation of the economic impact of electricity prices change (Azerbaijan case)

Mammadov

2021

Science, Technologies, Innovation

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This paper has examined the impact of electricity tariff changes to other economic sectors, as well as to potential changes of price levels in the overall economy. In this regard, the authors have applied the Inter-Industry Balance Model and its modification, i.e. Equilibrium Price Multiplier Model. The authors have also empirically built the inter-industry balance and equilibrium price models for the case of Azerbaijan’s economy, and conducted analysis and assessments for this case. The inter-industry balance tables of production and distribution of products and services, officially published by the State Statistical Committee of the Republic of Azerbaijan, were taken as the primary database for this study. It should be noted that the inter-industry balance model for Azerbaijan was built based on 96 sectors of the economy. The model was used to assess the economic impact of electricity price changes in the national economy. Finally, simulations relevant to 10, 20 and 30 percent increase of electricity prices were conducted and potential impacts to Azerbaijan’s economy were assessed. The obtained results were analyzed and summarized.

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Reasons of Appearance and Assessment Features of Risk in Electronic Payment Systems

AbdulAzalova¹,

Khaidarova²

2018

tuitmct

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In this era of digital technology, when many new technologies were aimed at integrating new technologies, the blockchain turned out to be the most effective. Blockchain is an innovation in the virtual business world for creating a payment gateway that allows you to create a more secure environment for users. If we are talking about blockchain wallets, they are mainly designed to quickly and securely manage online payments. In this regard, the demand and popularity of the development of blockchain collages is constantly increasing. This article development of electronic payment systems study is devoted. The article discusses the issues of modeling and risk assessment, approaches to risk prevention in the field of electronic payments. In particular, a new blockchain technology wallets is being considered, which will make it possible to prevent a number of risks in electronic payment systems, allow payments to be made at high speed, ensuring a high level of security. Ultimately, companies are looking for convenient, fast and reliable payment systems to streamline processes, and blockchain technology has the potential to make all this a reality - and therefore we expect companies to increasingly look for payment service providers who can help them with access to blockchain . This is likely to be particularly relevant in areas with high levels of exposure, such as multicurrency payments or multi-country payments, which relatively small payment gateways comprehensively cover even in the world, not connected by a single chain. Entering the partner market of other states also apply for legal audits.

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Equilibrium Prices Model for Sectors of Azerbaijan Economy Based on Input-Output Tables

Abstract: In the study is conducted comparative analyses by constructing "Equilibrium prices" models based on intersectorial balance tables of production and distribution of goods and services for 2001 and 2006 in Azerbaijan economy.

Cited by 3 publications

References 4 publications

Comparison of the Roles of the South Korean and Japanese Electric Power Sectors in Their National Economies

Comparison of the Roles of the South Korean and Japanese Electric Power Sectors in Their National Economies

Evaluation of the economic impact of electricity prices change (Azerbaijan case)

Reasons of Appearance and Assessment Features of Risk in Electronic Payment Systems

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