The Impact of Natural Resource Exploitation on Balanced Development with Modified Reproduction Scheme Based on Supply Chain Management

In the scientific work has been modified the impact of the exploitation of natural resources (non-renewable oil and gas reserves) on balanced economic development and been researched Karl Marx's production scheme. Marx's simple and extensive reproduction scheme based on supply chain management, rather I-capital sector was divided into 3 parts for physical, natural and human capitals, and at first, theoretically modified and analyzed added value from the exploitation of natural capital (oil and gas reserves). The literature review, results, and statistical figures of carried out necessary research have been substantiated. The result of analysis proved that the added value generated from the exploitation of oil and gas resources mainly in the consumer sector has created additional demand and as a result, have emerged the interdisciplinary demand and supply sequences. In the scientific work carried out analysis of the results obtained from the model of realization and are given specific directions and calculations of creating balanced development of revenues received from exploitation oil and gas resources

Equilibrium Prices Model for Sectors of Azerbaijan Economy Based on Input-Output Tables

In the study conducted comparative analyses by constructing “Equilibrium prices” models based on intersectorial balance tables of production and distribution of goods and services for 2001 and 2006 in Azerbaijan economy

The Assessment of Impact of Competitiveness to Economic Development

Competition plays key driving force for economic development in the efficient market economy. To achieve competitive advantage at the international level, each country needs to improve competitiveness on different economic indicators at the national level. The Global Competitiveness Report 2018 of World Economic Forum calculated the competitiveness index of countries under 98 sub-indexes. The goal of the research is econometric assessment of the impact of competitiveness to economic development in the oil rich countries, such as Azerbaijan. For the purposes of this research, the global rating of Azerbaijan was determined through calculating the volume of GDP, as well as, oil and non-oil GDP. The research was conducted by applying systematic and statistical analysis and running Excell and Eviews8 calculations. As a result, the impact of competitiveness index to the GDP (oil and non-oil GDP) at the oil rich countries, such as Azerbaijan was calculated and following outcomes were achieved: The semi-elasticity coefficient is above 1 on the volume of non-oil GDP on the competitiveness index. That means, if the competitiveness of Azerbaijan increases on the global rating then the next year non-oil GDP increases more than 1%. The improvement of the competitiveness indicators in the current year in Azerbaijan increases non-oil sector the following year. It takes time to attract investments to a country, so this outcome is expected. The semi-elasticity coefficient of the GDP volume on the competitiveness index is smaller than the semi-elasticity coefficient of the non-oil GDP at the oil rich countries. The practical importance of the research: this study can motivate other scholars to conduct reseach on the area. The innovativeness and uniqueness of the research: the impact of the competitiveness indicators on the economic growth has been assesed in Azerbaijan

Assessment of the integration relationships between science and education at the doctoral

In this article the integration between science and education has been studied. The number of indexed scientific articles in Azerbaijan is accepted as a explained variable, which is pulled up from SCOPUS scientific bibliographic base and its dependence on the number of admitted PhD students has been assesed running the econometric model. In addition, the dependence of explained variable on the GDP value, education and science has been calculated by running the econometric models. As a result, the ratio of Doctor of Science to Doctor of Philosophy has been calculated

Assessment of the integration relationships between science and education at the doctoral

In this article the integration between science and education has been studied. The number of indexed scientific articles in Azerbaijan is accepted as a explained variable, which is pulled up from SCOPUS scientific bibliographic base and its dependence on the number of admitted PhD students has been assesed running the econometric model. In addition, the dependence of explained variable on the GDP value, education and science has been calculated by running the econometric models. As a result, the ratio of Doctor of Science to Doctor of Philosophy has been calculated

The Assessment of Impact of Competitiveness to Economic Development

Competition plays key driving force for economic development in the efficient market economy. To achieve competitive advantage at the international level, each country needs to improve competitiveness on different economic indicators at the national level. The Global Competitiveness Report 2018 of World Economic Forum calculated the competitiveness index of countries under 98 sub-indexes. The goal of the research is econometric assessment of the impact of competitiveness to economic development in the oil rich countries, such as Azerbaijan. For the purposes of this research, the global rating of Azerbaijan was determined through calculating the volume of GDP, as well as, oil and non-oil GDP. The research was conducted by applying systematic and statistical analysis and running Excell and Eviews8 calculations. As a result, the impact of competitiveness index to the GDP (oil and non-oil GDP) at the oil rich countries, such as Azerbaijan was calculated and following outcomes were achieved: The semi-elasticity coefficient is above 1 on the volume of non-oil GDP on the competitiveness index. That means, if the competitiveness of Azerbaijan increases on the global rating then the next year non-oil GDP increases more than 1%. The improvement of the competitiveness indicators in the current year in Azerbaijan increases non-oil sector the following year. It takes time to attract investments to a country, so this outcome is expected. The semi-elasticity coefficient of the GDP volume on the competitiveness index is smaller than the semi-elasticity coefficient of the non-oil GDP at the oil rich countries. The practical importance of the research: this study can motivate other scholars to conduct reseach on the area. The innovativeness and uniqueness of the research: the impact of the competitiveness indicators on the economic growth has been assesed in Azerbaijan

Estimation of the education influence on the population income

From the beginning of the 20th century, forming the knowledge economy, creating the human capital and providing sustainable development on basis of the development of education arrange the priorities of the economic policy in the advanced countries of the world. Some researchers show that if all other factors are constant and the portion of population having the high education in structure of economically active population grows, it will raise the labour productivities and wages of all workers including the workers having the lower education level too. In this study international research methods have been investigated for the qualitative evaluation of educational system and comparison with the achievements of other countries. Based on world countries data, authors have comparatively analyzed the indicators characterizing the welfare of population such as income and wages influenced by the education. In the study the mode of life of a population, including the relationship between the income of the population and level of their educations have been investigated through the econometric modeling. Models have been realized by means of Eviews Software on based of data for the years 1996-2017

Modelling the Impact of the Solar Activity on Demographic and Economic Indicators

Researchers devoted a great attention to the studying of the solar activity for a long time. The reason is that the Sun has a strong impact on the world and people's lives. An increase in solar activity triggers world magnetic field that causes to increase the physical and mental health of the people. Human capital has a very important role in economic, social and demographic development. Therefore, solar activity can be considered as an important factor for the above detailed areas. The solar activity is defined with different indicators. The results of the econometric models indicate that an increase in solar activity (Wolf number) has a positive effect on rate, natural population growth, marriage and a negative effect on mortality and divorces. The solar activity has a positive impact on world GDP, investment and world oil prices. Keywords: Solar activity, human factor, demographic indicators, natural growth, GDP, world oil price. JEL Classifications: C51; C59; J11; J1