The Impact of Oil Price Shocks on National Income: Evidence from Azerbaijan

The Impact of Oil Price Shocks on National Income: Evidence from Azerbaijan

This study investigates the influence of oil price shocks on GDP per capita, exchange rate, and total trade turnover in Azerbaijan using the Structural Vector Autoregressive (SVAR) method to data collected from 1992 to 2019. The estimation results of the SVAR method conclude that oil price shocks (r...

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Bibliographic Details
Main Authors: Shahriyar Mukhtarov, Sugra Humbatova, Mubariz Mammadli, Natig Gadim‒Oglu Hajiyev
Format: Article
Language:English
Published: MDPI AG 2021-03-01
Series:Energies
Subjects:
oil price
income
energy price
SVAR
Azerbaijan
Online Access:https://www.mdpi.com/1996-1073/14/6/1695

Internet

https://www.mdpi.com/1996-1073/14/6/1695

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