Evaluation of Comparative Advantage of Azerbaijan Export Products
https://doi.org/10.31432/1994-2443-2019-14-1-48-58
Abstract
In this paper, we estimated by using 2013- 2017 statistical data and applying Balassa method on six-digit codes subheading more than 2000 commodity`s revealed comparative advantage. Result of the estimation showed that, Azerbaijan have revealed comparative advantage on agriculture products, mineral products, and numerous manufacturing products. Exporting raw materials and semi-finished products that have comparative advantage leads to loosing value added on those products. In this regard, the deepening of processing on many products is important for the country.
About the Authors
E. Alakbarov
The Institute for scientific research on economic reforms
Azerbaijan
Azerbaijan
Elnur Alakbarov - Head of Macroeconomic research department
Baku
A. Suleymanova
The Institute for scientific research on economic reforms
Azerbaijan
Azerbaijan
Alvan Suleymanova - Head of Development Problems of Industry department
Baku
R. Musayev
The Institute for scientific research on economic reforms
Azerbaijan
Azerbaijan
Rauf Musayev - Senior research fellow at department of Economic modelling and analysis
Baku
V. Huseynov
The Institute for scientific research on economic reforms
Azerbaijan
Azerbaijan
Vusal Huseynov - Senior specialist at department of Economic modelling and analysis
Baku
References
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Review
For citations:
Alakbarov E., Suleymanova A., Musayev R., Huseynov V. Evaluation of Comparative Advantage of Azerbaijan Export Products. Information and Innovations. 2019;14(1):48-58. https://doi.org/10.31432/1994-2443-2019-14-1-48-58
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