IMPACT OF OIL AND OIL PRODUCTS PRICE REGUON ON THE AZERBAIJAN ECONOMY
DOI:
https://doi.org/10.71447/2413-7235-2025-1-1Abstract
The article forecasts the world price of oil based on price fluctuations rather than on its price
determinants, and measures the impact of changes in the price of oil and oil products on price changes in other sectors based on the country's 2021 cost-benefit model. The results show that changes in oil prices are the most important factor affecting price levels in the country.
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