CEU eTD Collection (2013); Mammadova, Jamila: Analysis and Estimation of the Regional Policy in Azerbaijan

CEU Electronic Theses and Dissertations, 2013
Author Mammadova, Jamila
Title Analysis and Estimation of the Regional Policy in Azerbaijan
Summary The research analyzes the ongoing regional policy in Azerbaijan and conducts the OLS estimation of its effectiveness for the regional development. The most used tools in the regional policy of the country are constructional investments and support of small and medium enterprises; the effectiveness of which are estimated in the thesis. The results show that the strongest effect of the regional tools is achieved by the support of small and medium enterprises, whereas large and medium constructional investments are the least effective ones, and need to be reconsidered. The other important finding is that the regional policy does not affect the real wage in regions. At the same time, an establishment of higher educational entities in regions has a high potential for regional development, which needs to be considered by the government. Also, the policymakers shall consider diversification of the regional policy, like introduction of program approach, improvement of the institutional framework, and investments in technological advancement.
Supervisor Ratfai, Attila
Department Economics MA
Full texthttps://www.etd.ceu.edu/2013/mammadova_jamila.pdf

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