Volume : IV, Issue : IV, April - 2015

THE IMPACT ASSESSMENT OF INVESTMENT ON ECONOMIC GROWTH IN COMPETITIVE CONDITIONS IN THE REPUBLIC OF AZERBAIJAN

Adalat Jalal Muradov, Nazim Ozbey Hajiyev

Abstract :

 The Keynes type of consumption function parameters have been econometrically estimated on the basis of statistical 

information of the Azerbaijan economy, in other words, the multiplier has been determined which shows the impact of 
investment growth to GDP in this article. It was also determined that the decrease in last limit consumption tendency 
leads to decline in the price of multiplier. Further analyzes were carried out in determining the price of accelerator. The result showed that, 
although consumption tendency decreased (multiplicative reduction effect), the price of accelerator increased. On the basis of mutual influence 
model of multiplier and accelerator, it was determined that current prices of multiplier and accelerator, could lead to hesitant growth of GDP. In 
final part of the article necessary directions and required prices of multiplier and accelerator are shown in order to be able to achieve the balanced 
growth of the GDP. 

Keywords :

Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

Adalat Jalal Muradov, Nazim Ozbey Hajiyev THE IMPACT ASSESSMENT OF INVESTMENT ON ECONOMIC GROWTH IN COMPETITIVE CONDITIONS IN THE REPUBLIC OF AZERBAIJAN Global Journal For Research Analysis, Vol: 4, Issue: 4 April 2015


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