THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN

Nijat Huseynov

doi:10.17261/Pressacademia.2017.558

EN

THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN

Abstract

The Azerbaijan economy has been more sensitive to the fluctuations in the world market. Unlike from the other developing countries, the main source of this relationship has been oil-gas products. That is why, the falling oil prices in the world oil market has affected the macroeconomic situation in Azerbaijan. In this context, the main goal of the paper is to investigate the fiscal policy in Azerbaijan for the last decade. The author applies the correlation and data analysis of the state budget of Azerbaijan with investigating the relationship between the transfers from the State Oil Fund (SOFAZ) and some groups of the expenditures.

Keywords

Fiscal policy,expenditure,revenue,oil transfer,state budget

References

Aliyev, K. and Nadirov, O., 2016. How Fiscal Policy Affects Non-Oil Economic Performance in Azerbaijan?. Academic Journal of Economic Studies, 2(3), pp.11-29.
Aslanli, K., 2015. Fiscal sustainability and the State Oil Fund in Azerbaijan. Journal of Eurasian Studies, 6(2), pp.114-121.
CESD Research Team, 2016. The CESD Assessment on the 2017 State Budget Project. Baku: CESD Press. http://cesd.az/new/wpcontent/uploads/2016/11/CESD-Assessment_Azerbaijani_State-Budget-2017.pdf [Accessed 01.12.2016]
Guliyev, F., 2013. Oil and Political Stability in Azerbaijan: The Role of Policy Learning. Caucasus Analytical Digest, (47).
Gurbanov, S., Nugent, J.B. and Mikayilov, C., 2015. Prudent Management of Oil Revenues: Impacts Of Government Capital Expenditures In Azerbaijan.
OPEC, http://www.opec.org/opec_web/en/data_graphs/40.htm [Accessed 01.12.2016]
The Ministry of Finance of the Republic of Azerbaijan http://www.maliyye.gov.az/sites/default/files/2017-qanun.pdf [Accessed 01.12.2016]
http://www.maliyye.gov.az/sites/default/files/BUDCE%20-%202016%20AN%20YENI.pdf [Accessed 01.12.2016]

Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Nijat Huseynov This is me

Publication Date

June 30, 2017

Submission Date

April 19, 2017

Acceptance Date

-

Published in Issue

Year 2017 Volume: 4 Number: 1

DOI

https://doi.org/10.17261/Pressacademia.2017.558

IZ

https://izlik.org/JA74GL83SJ

Cite

RIS / Bibtex

APA

Huseynov, N. (2017). THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN. PressAcademia Procedia, 4(1), 379-392. https://doi.org/10.17261/Pressacademia.2017.558

AMA

1.Huseynov N. THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN. PAP. 2017;4(1):379-392. doi:10.17261/Pressacademia.2017.558

Chicago

Huseynov, Nijat. 2017. “THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN”. PressAcademia Procedia 4 (1): 379-92. https://doi.org/10.17261/Pressacademia.2017.558.

EndNote

Huseynov N (June 1, 2017) THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN. PressAcademia Procedia 4 1 379–392.

IEEE

[1]N. Huseynov, “THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN”, PAP, vol. 4, no. 1, pp. 379–392, June 2017, doi: 10.17261/Pressacademia.2017.558.

ISNAD

Huseynov, Nijat. “THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN”. PressAcademia Procedia 4/1 (June 1, 2017): 379-392. https://doi.org/10.17261/Pressacademia.2017.558.

JAMA

1.Huseynov N. THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN. PAP. 2017;4:379–392.

MLA

Huseynov, Nijat. “THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN”. PressAcademia Procedia, vol. 4, no. 1, June 2017, pp. 379-92, doi:10.17261/Pressacademia.2017.558.

Vancouver

1.Nijat Huseynov. THE ROLE OF THE OIL TRANSFERS IN THE FISCAL POLICY THE CASE OF AZERBAIJAN. PAP. 2017 Jun. 1;4(1):379-92. doi:10.17261/Pressacademia.2017.558