Jamilov, Rustam - Volkswirtschaftliche Fakultät, … - 2012
This paper has attempted to estimate the J-curve phenomenon for Azerbaijan using quarterly industry-level data over the … period 2000-2009. A weighted average of the production indexes of Azerbaijan’s four major trading partners, which account for … 70% of Azerbaijan’s total trade turnover, was chosen as a proxy for foreign income. Ten non-oil industries, which amount …