The Impact of Oil Prices on the Capital Expenditures of the State Budget in Azerbaijan

The Impact of Oil Prices on the Capital Expenditures of the State Budget in Azerbaijan

The article studies the theoretical and practical approaches related to the allocation of oil revenues for public investment. Based on the two-step Engel-Granger procedure for cointegration analysis, the relationship between the ratio of the capital expenditures of the state budget to non-oil GDP a...

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Bibliographic Details
Main Author:	Baghish Ahmadov
Format:	Article
Language:	English
Published:	EconJournals 2022-11-01
Series:	International Journal of Energy Economics and Policy
Subjects:	Oil Price, Capital Expenditure, State Budget, Error Correction Model
Online Access:	https://econjournals.com/index.php/ijeep/article/view/13656

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