Input–output analysis in an oil-rich economy: The case of Azerbaijan |
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Authors: | Ilkin M Sabiroglu Samad Bashirli |
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Institution: | 1. Faculty of Economic and Administrative Sciences, Qafqaz University, Azerbaijan;2. Strategic Planning Department, Ministry of Economic Development, Azerbaijan |
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Abstract: | This paper aims to provide empirical research to identify the linkages between final demand–total output, final demand–total supply, value-added ratios and prices, and also to analyze total factor productivity growth using input–output framework for 25 sectors. Studying the input–output tables for 2001 and 2006, the research estimates impact and response multipliers of non-oil sectors, as well as non-oil trading sectors. The results are important from the view of development of non-oil trading sectors and diversification of the economy in order to avoid the “resource curse”. |
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Keywords: | C67 D24 P22 Q32 Q33 Q38 |
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