Statistical analysis of oil prices on the current account of the balance of payments of the Azerbaijan Republic-Reference-Cited by-同舟云学术

Statistical analysis of oil prices on the current account of the balance of payments of the Azerbaijan Republic

Published:2024-05-20 Issue:45(201) Volume: Page:114-133
ISSN:2709-4685
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Author:

Ayyubova Natavan,Aghayeva Nuriyya

Abstract

By this research, econometrically analysed the balance of payments of the Republic of Azerbaijan for 2011-2021 and Azerilight, WEST and BRENT oil prices in the world market for these years. Econometric approaches of the study were carried out by using Eviews 8 application software package operations. Regression and correlation analysis, graphing, descriptive statistics, Dickey-Fuller test, Granger causality test, White test, Breusch-Pagan-Godfrey test, Cusum test analysis were considered for evaluation by using of Eviews 8 application software package tools.

Publisher

Scientific Publishing Center InterConf

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