Modelling Five Variables Bvar for Economic Policies and Growth in Azerbaijan, Kazakhstan and Russia: 2005–2020

Kopytin, I.; Pilnik, Nikolay Petrovich; Stankevich, Ivan

doi:10.32479/ijeep.11324

Cited by 2 publications

(1 citation statement)

References 19 publications

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“…In their article (Kopytin et al, 2021), the authors applied the BVAR model to analyze the impact of world oil prices and exchange rate policy and interest rate on economic growth and consumer inflation in three posts -Soviet oil exporting countries: Azerbaijan, Kazakhstan and Russia in 2014-2015. It shows that the transition to the inflation targeting regime with a floating exchange rate has weakened the relationship between economic growth and world oil prices in Russia and Kazakhstan, while in Azerbaijan, a systematic relationship between GDP growth and world oil prices has emerged that did not exist before, and all three countries have actually changed from the freely floating exchange rate regime after 2017 they noted that he moved away.…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of Oil Factor on Consumer Market: The Case of Azerbaijan

Humbatova,

Gadim,

Mileddin

et al. 2023

IJEEP

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This article investigates the long ‒term and short ‒term interactions between crude oil and oil products export, and consumer market, retail trade, public catering, paid services and retail trade turnover per person of population in Azerbaijan using annual data from 1997 to 2021. In this research, the ARDL model was used to assess co ‒integration and short ‒term relationships. In addition, this study used the FMOLS, DOLS, and CCR co ‒integration equations to explore long ‒term coefficients between variables. Granger causation tests were performed, Granger causation analysis was assessed using the Wald test (short ‒term or weak causation, long ‒term causation, and both short ‒term and long ‒term causation or strong causal relationship). The study proposed 5 hypotheses regarding the impact of oil and oil products export, and consumer market, retail trade, public catering, paid services and retail trade turnover per person of population. Some of the hypotheses were generally, if not completely, justified. Based on the established models and tests carried out, there are co ‒integrating relationships between the variables. Model coefficients are selected according to their economic and statistical significance.

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Section: Literature Reviewmentioning

confidence: 99%

Impact of Oil Factor on Consumer Market: The Case of Azerbaijan

Humbatova,

Gadim,

Mileddin

et al. 2023

IJEEP

View full text Add to dashboard Cite

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The relation between wheat, soybean, and hemp acreage: a Bayesian time series analysis

Han

Ng’ombe

2023

Agric Econ

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The 2018 United States Farm Bill has opened the possibility for farmers to increase their profits through hemp cultivation. The literature suggests hemp has the potential to replace soybeans in soybean–wheat double-cropping because hemp shares key attributes of soybeans as a rotation crop (profitability, potential as an energy crop, and maintenance of soil fertility). Nonetheless, due to a short history of hemp cultivation in the USA, it is difficult to predict a time series relationship between hemp, soybean, and wheat through conventional approaches. In this article, we use Bayesian time series models and data from Statistics Canada and the Alberta Agricultural and Rural Development Department to examine a time series relationship between hemp, wheat, and soybean acreage and therefore predict farmers’ decision when hemp is a legal alternative agricultural commodity. Our results show evidence of complementary and substitution relationships for hemp–wheat and hemp–soybean, respectively. In addition, the results indicate a potential of hemp monoculture as a positive response to self-positive shock on hemp acreage that lasts for years.

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Modelling Five Variables Bvar for Economic Policies and Growth in Azerbaijan, Kazakhstan and Russia: 2005–2020

Cited by 2 publications

References 19 publications

Impact of Oil Factor on Consumer Market: The Case of Azerbaijan

Impact of Oil Factor on Consumer Market: The Case of Azerbaijan

The relation between wheat, soybean, and hemp acreage: a Bayesian time series analysis

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