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Abstract The main purpose of the study is to determine the relationship between the revenues obtained from the oil and non-oil sectors of Azerbaijan, which is a country dependent on the oil industry, and its economic growth. The fact that Azerbaijan is an oil-dominated country and a large part of its exports consist of oil may have caused us to think that the share of oil in the country's incomes will be higher. However, the fact that the country generally exports oil in crude form and imports it ready-made affects the final result. In this study, the share of the oil and non-oil sectors in the economic growth of the country over a 20-year period is determined. Another aim of the study is to reveal how the earnings from these two different sectors affect the employment level of the country. During the study, the logarithm of the variables was taken and included in the analysis in order to measure the strong relationship between the data. According to the results obtained, the development of these sectors affects the decrease in unemployment levels and has be a positive result between the realized economic growth and oil revenues and non-oil sector revenues. Downloads Download data is not yet available. Downloads FULL TEXT Published 2022-09-27 How to Cite Huseynli, N. (2022). Impact of Revenues from Oil and Non-Oil Sectors on the Economic Growth of Azerbaijan. International Journal of Energy Economics and Policy, 12(5), 31–35. https://doi.org/10.32479/ijeep.13278 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 12 No. 5 (2022) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Teymur Sarkhanov, Nigar Huseynli, Econometric Analysis of Renewable Energy Consumption and Economic Growth: The Case of Kazakhstan and Kyrgyzstan , International Journal of Energy Economics and Policy: Vol. 12 No. 6 (2022) Nigar Huseynli, Effect of Renewable Energy and Traditional Energy Production on Economic Growth: The Case of Turkey and Azerbaijan , International Journal of Energy Economics and Policy: Vol. 12 No. 3 (2022) Nigar Huseynli, Econometric Analysis of the Relationships Between Growth, Exports and Energy Exports in Azerbaijan , International Journal of Energy Economics and Policy: Vol. 12 No. 2 (2022) Bahman Huseynli, Nigar Huseynli, Econometric Analysis of the Relationship between Renewable Energy Production, Traditional Energy Production and Unemployment: The Case of Azerbaijan , International Journal of Energy Economics and Policy: Vol. 12 No. 4 (2022) Nigar Huseynli, Bahman Huseynli, The Relationship between the Stock Price and the Energy Index: A Research on the Energy Company with the Highest Brand Value in Turkey , International Journal of Energy Economics and Policy: Vol. 12 No. 6 (2022) Nigar Huseynli, Causality between Selected Energy Companies’ Price Indexes and Barel Oil Prices , International Journal of Energy Economics and Policy: Vol. 13 No. 1 (2023) Nigar Huseynli, Analyzing the Relationship between Oil Prices and Gold Prices before and after COVID-19 , International Journal of Energy Economics and Policy: Vol. 13 No. 2 (2023) Nigar Huseynli, BIST Tourism and BIST Electricity Index Relationship , International Journal of Energy Economics and Policy: Vol. 13 No. 3 (2023) Make a Submission Make a Submission Dergi Kapağı

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