THE IMPORTANCE OF ENERGY RESOURCES FOR AZERBAIJAN’S INTERNATIONAL COMPETITIVENESS

The aim of this paper is to present a detailed analysis of the international competitiveness of Azerbaijani economy and, based on it, to determine the importance of energy resources and their derivatives in shaping the competitive profile of its economy in international trade during 2000-2015. In or...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Journal of international studies (Kyiv) 2018, Vol.11 (4), p.44-56
1. Verfasser: Falkowski, Krzysztof
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page 56
container_issue 4
container_start_page 44
container_title Journal of international studies (Kyiv)
container_volume 11
creator Falkowski, Krzysztof
description The aim of this paper is to present a detailed analysis of the international competitiveness of Azerbaijani economy and, based on it, to determine the importance of energy resources and their derivatives in shaping the competitive profile of its economy in international trade during 2000-2015. In order to assess the country’s international trade competitiveness, two indicators have been applied, i.e., Balassa’s Revealed Comparative Advantages (RCA) index and the Lafay Index (LFI) of international trade specialization. The analysis conducted clearly shows that Azerbaijan’s overall international trade competitiveness is low, especially with respect to high and medium-high technology goods, while the only comparative advantages of its economy include exports of goods from the medium-low technology category, in which energy resources and their derivatives are classified. This proves the absolute key importance of these resources in the competitive profile of Azerbaijani economy, and to a large extent determines its resources-based character. This makes its further development strongly dependent on international markets for energy resources, thus increasing its susceptibility to external shocks.
doi_str_mv 10.14254/2071-8330.2018/11-4/3
format Article
fullrecord <record><control><sourceid>ceeol_proqu</sourceid><recordid>TN_cdi_proquest_journals_2363717394</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><ceeol_id>787244</ceeol_id><doaj_id>oai_doaj_org_article_c3efa84a70554174b109dca723854fc7</doaj_id><sourcerecordid>787244</sourcerecordid><originalsourceid>FETCH-LOGICAL-c3663-9d8fd4dc118604197ce96fb087b87ce07c9c2303294682ce4eb1391b15ad91c33</originalsourceid><addsrcrecordid>eNpFUctu2zAQFIoWqJH4D4pCQM-KuVyKj6Mq0LEKRzIkpUByISiKKmy4VSrFh9zyG_m9fknkOElPu1jMzs7OBMFXIBfAaMwWlAiIJCK5oATkAiBiC_wQzCgSHiGT-HHq3zCfg_k4bhtCuRJAMJ4FVb3SYXa1Kco6yVMdFstQ57q8vAlLXRXXZaqrcFmUYXKry-9J9iPJ_z0-VWGW17rMkzor8mQdpsXVRtdZnf2cdqvqPPjU2f3o56_1LLhe6jpdReviMkuTdeSQc4xUK7uWtQ5AcsJACecV7xoiRSOnngin3PQFUsW4pM4z3wAqaCC2rQKHeBZkJ962tztzN2x_2-HB9HZrXgb98MvY4X7r9t449J2VzAoSxwwEa4Co1llBUcasc2Li-nbiuhv6vwc_3ptdfxj-TPINRY4CBCo2ofgJ5YZ-HAffvV8FYl7yMEevzdFrc8zDABhmjlK_vC563-__cwspKGP4DMRWfvs</addsrcrecordid><sourcetype>Open Website</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2363717394</pqid></control><display><type>article</type><title>THE IMPORTANCE OF ENERGY RESOURCES FOR AZERBAIJAN’S INTERNATIONAL COMPETITIVENESS</title><source>DOAJ Directory of Open Access Journals</source><source>EZB-FREE-00999 freely available EZB journals</source><creator>Falkowski, Krzysztof</creator><creatorcontrib>Falkowski, Krzysztof</creatorcontrib><description>The aim of this paper is to present a detailed analysis of the international competitiveness of Azerbaijani economy and, based on it, to determine the importance of energy resources and their derivatives in shaping the competitive profile of its economy in international trade during 2000-2015. In order to assess the country’s international trade competitiveness, two indicators have been applied, i.e., Balassa’s Revealed Comparative Advantages (RCA) index and the Lafay Index (LFI) of international trade specialization. The analysis conducted clearly shows that Azerbaijan’s overall international trade competitiveness is low, especially with respect to high and medium-high technology goods, while the only comparative advantages of its economy include exports of goods from the medium-low technology category, in which energy resources and their derivatives are classified. This proves the absolute key importance of these resources in the competitive profile of Azerbaijani economy, and to a large extent determines its resources-based character. This makes its further development strongly dependent on international markets for energy resources, thus increasing its susceptibility to external shocks.</description><identifier>ISSN: 2071-8330</identifier><identifier>EISSN: 2306-3483</identifier><identifier>DOI: 10.14254/2071-8330.2018/11-4/3</identifier><language>eng</language><publisher>Szczein: Centre of Sociological Research</publisher><subject>Azerbaijan ; Competitiveness ; Energy and Environmental Studies ; Energy resources ; Exports ; Geography, Regional studies ; High technology ; international competitiveness ; International markets ; International relations/trade ; International trade ; National Economy ; Specialization ; Susceptibility</subject><ispartof>Journal of international studies (Kyiv), 2018, Vol.11 (4), p.44-56</ispartof><rights>2018. This work is licensed under http://creativecommons.org/licenses/by/3.0/legalcode (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c3663-9d8fd4dc118604197ce96fb087b87ce07c9c2303294682ce4eb1391b15ad91c33</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Uhttps://www.ceeol.com//api/image/getissuecoverimage?id=picture_2018_48888.jpeg</thumbnail><link.rule.ids>314,780,784,864,2102,4024,27923,27924,27925</link.rule.ids></links><search><creatorcontrib>Falkowski, Krzysztof</creatorcontrib><title>THE IMPORTANCE OF ENERGY RESOURCES FOR AZERBAIJAN’S INTERNATIONAL COMPETITIVENESS</title><title>Journal of international studies (Kyiv)</title><addtitle>Journal of International Studies</addtitle><description>The aim of this paper is to present a detailed analysis of the international competitiveness of Azerbaijani economy and, based on it, to determine the importance of energy resources and their derivatives in shaping the competitive profile of its economy in international trade during 2000-2015. In order to assess the country’s international trade competitiveness, two indicators have been applied, i.e., Balassa’s Revealed Comparative Advantages (RCA) index and the Lafay Index (LFI) of international trade specialization. The analysis conducted clearly shows that Azerbaijan’s overall international trade competitiveness is low, especially with respect to high and medium-high technology goods, while the only comparative advantages of its economy include exports of goods from the medium-low technology category, in which energy resources and their derivatives are classified. This proves the absolute key importance of these resources in the competitive profile of Azerbaijani economy, and to a large extent determines its resources-based character. This makes its further development strongly dependent on international markets for energy resources, thus increasing its susceptibility to external shocks.</description><subject>Azerbaijan</subject><subject>Competitiveness</subject><subject>Energy and Environmental Studies</subject><subject>Energy resources</subject><subject>Exports</subject><subject>Geography, Regional studies</subject><subject>High technology</subject><subject>international competitiveness</subject><subject>International markets</subject><subject>International relations/trade</subject><subject>International trade</subject><subject>National Economy</subject><subject>Specialization</subject><subject>Susceptibility</subject><issn>2071-8330</issn><issn>2306-3483</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2018</creationdate><recordtype>article</recordtype><sourceid>REL</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>DOA</sourceid><recordid>eNpFUctu2zAQFIoWqJH4D4pCQM-KuVyKj6Mq0LEKRzIkpUByISiKKmy4VSrFh9zyG_m9fknkOElPu1jMzs7OBMFXIBfAaMwWlAiIJCK5oATkAiBiC_wQzCgSHiGT-HHq3zCfg_k4bhtCuRJAMJ4FVb3SYXa1Kco6yVMdFstQ57q8vAlLXRXXZaqrcFmUYXKry-9J9iPJ_z0-VWGW17rMkzor8mQdpsXVRtdZnf2cdqvqPPjU2f3o56_1LLhe6jpdReviMkuTdeSQc4xUK7uWtQ5AcsJACecV7xoiRSOnngin3PQFUsW4pM4z3wAqaCC2rQKHeBZkJ962tztzN2x_2-HB9HZrXgb98MvY4X7r9t449J2VzAoSxwwEa4Co1llBUcasc2Li-nbiuhv6vwc_3ptdfxj-TPINRY4CBCo2ofgJ5YZ-HAffvV8FYl7yMEevzdFrc8zDABhmjlK_vC563-__cwspKGP4DMRWfvs</recordid><startdate>2018</startdate><enddate>2018</enddate><creator>Falkowski, Krzysztof</creator><general>Centre of Sociological Research</general><general>Fundacja Centrum Badań Socjologicznych</general><general>Centre of Sociological Research/Tsentr Sotsiolohichnykh Doslidzhen</general><general>Centre of Sociological Research, Szczecin, Poland</general><scope>AE2</scope><scope>BIXPP</scope><scope>REL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>0-V</scope><scope>3V.</scope><scope>7XB</scope><scope>88F</scope><scope>88J</scope><scope>8BJ</scope><scope>8FK</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FQK</scope><scope>GNUQQ</scope><scope>JBE</scope><scope>M1Q</scope><scope>M2R</scope><scope>PIMPY</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><scope>Q9U</scope><scope>DOA</scope></search><sort><creationdate>2018</creationdate><title>THE IMPORTANCE OF ENERGY RESOURCES FOR AZERBAIJAN’S INTERNATIONAL COMPETITIVENESS</title><author>Falkowski, Krzysztof</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c3663-9d8fd4dc118604197ce96fb087b87ce07c9c2303294682ce4eb1391b15ad91c33</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2018</creationdate><topic>Azerbaijan</topic><topic>Competitiveness</topic><topic>Energy and Environmental Studies</topic><topic>Energy resources</topic><topic>Exports</topic><topic>Geography, Regional studies</topic><topic>High technology</topic><topic>international competitiveness</topic><topic>International markets</topic><topic>International relations/trade</topic><topic>International trade</topic><topic>National Economy</topic><topic>Specialization</topic><topic>Susceptibility</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Falkowski, Krzysztof</creatorcontrib><collection>Central and Eastern European Online Library (C.E.E.O.L.) (DFG Nationallizenzen)</collection><collection>CEEOL: Open Access</collection><collection>Central and Eastern European Online Library - CEEOL Journals</collection><collection>CrossRef</collection><collection>ProQuest Social Sciences Premium Collection</collection><collection>ProQuest Central (Corporate)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>Military Database (Alumni Edition)</collection><collection>Social Science Database (Alumni Edition)</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Social Science Premium Collection</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>International Bibliography of the Social Sciences</collection><collection>ProQuest Central Student</collection><collection>International Bibliography of the Social Sciences</collection><collection>Military Database</collection><collection>Social Science Database</collection><collection>Access via ProQuest (Open Access)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><collection>ProQuest Central Basic</collection><collection>DOAJ Directory of Open Access Journals</collection><jtitle>Journal of international studies (Kyiv)</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Falkowski, Krzysztof</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>THE IMPORTANCE OF ENERGY RESOURCES FOR AZERBAIJAN’S INTERNATIONAL COMPETITIVENESS</atitle><jtitle>Journal of international studies (Kyiv)</jtitle><addtitle>Journal of International Studies</addtitle><date>2018</date><risdate>2018</risdate><volume>11</volume><issue>4</issue><spage>44</spage><epage>56</epage><pages>44-56</pages><issn>2071-8330</issn><eissn>2306-3483</eissn><abstract>The aim of this paper is to present a detailed analysis of the international competitiveness of Azerbaijani economy and, based on it, to determine the importance of energy resources and their derivatives in shaping the competitive profile of its economy in international trade during 2000-2015. In order to assess the country’s international trade competitiveness, two indicators have been applied, i.e., Balassa’s Revealed Comparative Advantages (RCA) index and the Lafay Index (LFI) of international trade specialization. The analysis conducted clearly shows that Azerbaijan’s overall international trade competitiveness is low, especially with respect to high and medium-high technology goods, while the only comparative advantages of its economy include exports of goods from the medium-low technology category, in which energy resources and their derivatives are classified. This proves the absolute key importance of these resources in the competitive profile of Azerbaijani economy, and to a large extent determines its resources-based character. This makes its further development strongly dependent on international markets for energy resources, thus increasing its susceptibility to external shocks.</abstract><cop>Szczein</cop><pub>Centre of Sociological Research</pub><doi>10.14254/2071-8330.2018/11-4/3</doi><tpages>13</tpages><oa>free_for_read</oa></addata></record>
fulltext fulltext
identifier ISSN: 2071-8330
ispartof Journal of international studies (Kyiv), 2018, Vol.11 (4), p.44-56
issn 2071-8330
2306-3483
language eng
recordid cdi_proquest_journals_2363717394
source DOAJ Directory of Open Access Journals; EZB-FREE-00999 freely available EZB journals
subjects Azerbaijan
Competitiveness
Energy and Environmental Studies
Energy resources
Exports
Geography, Regional studies
High technology
international competitiveness
International markets
International relations/trade
International trade
National Economy
Specialization
Susceptibility
title THE IMPORTANCE OF ENERGY RESOURCES FOR AZERBAIJAN’S INTERNATIONAL COMPETITIVENESS
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-25T22%3A43%3A03IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-ceeol_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=THE%20IMPORTANCE%20OF%20ENERGY%20RESOURCES%20FOR%20AZERBAIJAN%E2%80%99S%20INTERNATIONAL%20COMPETITIVENESS&rft.jtitle=Journal%20of%20international%20studies%20(Kyiv)&rft.au=Falkowski,%20Krzysztof&rft.date=2018&rft.volume=11&rft.issue=4&rft.spage=44&rft.epage=56&rft.pages=44-56&rft.issn=2071-8330&rft.eissn=2306-3483&rft_id=info:doi/10.14254/2071-8330.2018/11-4/3&rft_dat=%3Cceeol_proqu%3E787244%3C/ceeol_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=2363717394&rft_id=info:pmid/&rft_ceeol_id=787244&rft_doaj_id=oai_doaj_org_article_c3efa84a70554174b109dca723854fc7&rfr_iscdi=true