Istiglaliyyat street 6
Istiglaliyyet 8
Baku, AZ Az1001
Azerbaijan
Azerbaijan State University of Economics (UNEC)
real effective exchange rate; oil price; CIS oil exporters; autoregressive distributed lag bounds testing approach
Oil Windfall Gains, Government Capital Expenditures, Non-Oil Diversification, Industrial Policy
Oil Windfall Gains; Government Capital Expenditures; Non-Oil Diversification; Industrial Policy; Sovereign Wealth Funds; Azerbaijan
Fiscal Decentralization Economic Development; Local Government; Azerbaijan; Resource-Rich Economy
Social Expenditures; Infrastructure Expenditures; Non-Oil Tradable Sector; Non-Tradable Sector; Dutch Disease; Azerbaijan