Analysis of Price Changes in Socially Important Food Products: Example of Azerbaijan
The aim of the research is to keep the price formation process of socially important food products under control and facilitate timely disclosure of tendencies that are contrary to market relations. In this paper, some 19 socially important food products have been selected and tried to identify the...
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Format: | Article |
Language: | English |
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Czech Statistical Office
2020-06-01
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Series: | Statistika: Statistics and Economy Journal |
Subjects: | |
Online Access: | https://www.czso.cz/documents/10180/125507863/320197_20_169_Valyiev.pdf/c4761863-0f4e-4ddc-bf36-aaf241a6fbd1?version=1.0 |
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author | Vilayat Valiyev Malik Mekhdiyev Arzu Suleymanov Shaig Ganbarli |
author_facet | Vilayat Valiyev Malik Mekhdiyev Arzu Suleymanov Shaig Ganbarli |
author_sort | Vilayat Valiyev |
collection | DOAJ |
description | The aim of the research is to keep the price formation process of socially important food products under control and facilitate timely disclosure of tendencies that are contrary to market relations.
In this paper, some 19 socially important food products have been selected and tried to identify the share/ contribution of the factors affecting their price changes in the example of Azerbaijan economy.
Econometric estimation methods are used in the paper. Database of the analysis is based on the official figures of the State Statistical Committee (SSC) of the Republic of Azerbaijan, covering the period from January 2016 to December 2017.
As a result, the methods for determining the contribution of factors in price fluctuations of socially important food products are presented, and the empirical results are interpreted as an example of the Azerbaijani economy. |
first_indexed | 2024-12-18T14:30:59Z |
format | Article |
id | doaj.art-c4b507e0850c4a10a042df23dcef8d11 |
institution | Directory Open Access Journal |
issn | 0322-788X 1804-8765 |
language | English |
last_indexed | 2024-12-18T14:30:59Z |
publishDate | 2020-06-01 |
publisher | Czech Statistical Office |
record_format | Article |
series | Statistika: Statistics and Economy Journal |
spelling | doaj.art-c4b507e0850c4a10a042df23dcef8d112022-12-21T21:04:35ZengCzech Statistical OfficeStatistika: Statistics and Economy Journal0322-788X1804-87652020-06-011002169192Analysis of Price Changes in Socially Important Food Products: Example of AzerbaijanVilayat Valiyev0Malik Mekhdiyev1Arzu Suleymanov2Shaig Ganbarli3Azerbaijan Technical University, Baku, AzerbaijanInstitute for Scientific Research on Economic Reforms, Baku, AzerbaijanInstitute for Scientific Research on Economic Reforms, Baku, AzerbaijanInstitute for Scientific Research on Economic Reforms, Baku, AzerbaijanThe aim of the research is to keep the price formation process of socially important food products under control and facilitate timely disclosure of tendencies that are contrary to market relations. In this paper, some 19 socially important food products have been selected and tried to identify the share/ contribution of the factors affecting their price changes in the example of Azerbaijan economy. Econometric estimation methods are used in the paper. Database of the analysis is based on the official figures of the State Statistical Committee (SSC) of the Republic of Azerbaijan, covering the period from January 2016 to December 2017. As a result, the methods for determining the contribution of factors in price fluctuations of socially important food products are presented, and the empirical results are interpreted as an example of the Azerbaijani economy.https://www.czso.cz/documents/10180/125507863/320197_20_169_Valyiev.pdf/c4761863-0f4e-4ddc-bf36-aaf241a6fbd1?version=1.0regression analysisprice volatilitysocial foodsfood pricesfood prices determinants |
spellingShingle | Vilayat Valiyev Malik Mekhdiyev Arzu Suleymanov Shaig Ganbarli Analysis of Price Changes in Socially Important Food Products: Example of Azerbaijan Statistika: Statistics and Economy Journal regression analysis price volatility social foods food prices food prices determinants |
title | Analysis of Price Changes in Socially Important Food Products: Example of Azerbaijan |
title_full | Analysis of Price Changes in Socially Important Food Products: Example of Azerbaijan |
title_fullStr | Analysis of Price Changes in Socially Important Food Products: Example of Azerbaijan |
title_full_unstemmed | Analysis of Price Changes in Socially Important Food Products: Example of Azerbaijan |
title_short | Analysis of Price Changes in Socially Important Food Products: Example of Azerbaijan |
title_sort | analysis of price changes in socially important food products example of azerbaijan |
topic | regression analysis price volatility social foods food prices food prices determinants |
url | https://www.czso.cz/documents/10180/125507863/320197_20_169_Valyiev.pdf/c4761863-0f4e-4ddc-bf36-aaf241a6fbd1?version=1.0 |
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