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Abstract The influence of the main export product on the main import product is the focus of any country. In this regard, since oil and oil products are the main export commodity of Azerbaijan, their impact on the import of machinery and equipment necessary for the development of the agricultural and agro −processing industries, which are the main imported products, was chosen as the subject of study. The purpose of the article was to assess the impact of the export of oil and oil products on the import of machinery and equipment necessary for the development of the agricultural sector and the agro −processing industry. The study used data for the period from 1999 to 2020. ARDL and ECM methods were applied and compared with FMOLS, DOLS and CCR as a validation. During the study, 9 hypotheses were proposed. All hypotheses have been proven to some extent. The results of the study show that, like all industries, the agricultural sector depends on the oil factor. Thus, the export of oil to the republic has a positive effect on imports and, of course, on the imports of many machineries and equipment necessary for the development of the agricultural sector, especially agricultural machinery for tillage and harvesting, equipment for the food industry and equipment for processing agricultural products. The overall result of the research was a recommendation to further acceleration of work aimed at diversifying the economy and developing the non −oil sector, similar to the results of other similar studies (researches investigating resource −exporting economies). Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-01-22 How to Cite Humbatova, S. I., Hajiyev, G. B., Aliyeva, L. Z., & Hajiev, N. G. (2023). The Impact of Oil Exports on Imports of Agricultural Machinery and Equipment. International Journal of Energy Economics and Policy, 13(1), 335–351. https://doi.org/10.32479/ijeep.13719 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 1 (2023) 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) Sugra Ingilab Humbatova, Natig Gadim-Ogli Hajiyev, The Impact of Oil Prices on Income in Azerbaijan , International Journal of Energy Economics and Policy: Vol. 12 No. 1 (2022) Sugra Ingilab Humbatova, Mubariz Mammadli Malik, Jabrayil Khalil Valiyev, Natig Gadim‒Oglu Hajiev, Impact of Oil Exports on Imports of Food and Agricultural Products , International Journal of Energy Economics and Policy: Vol. 12 No. 3 (2022) Sugra Ingilab Humbatova, Ragif Kh. Gasimov, Natig Gadim-Oglu Hajiyev, The Impact of Oil Factor on Azerbaijan Economy , International Journal of Energy Economics and Policy: Vol. 9 No. 4 (2019) Sugra Ingilab Humbatova, Fariz Saleh Ahmadov, İlgar Zulfigar Seyfullayev, Natig Gadim-Ogli Hajiyev, The Relationship between Electricity Consumption and Economic Growth: Evidence from Azerbaijan , International Journal of Energy Economics and Policy: Vol. 10 No. 1 (2020) Sugra Ingilab Humbatova, Natig Gadim-Ogli Hajiyev, The Relationship between Oil Prices and Real Estate Loans and Mortgage Loans in Azerbaijan , International Journal of Energy Economics and Policy: Vol. 11 No. 1 (2021) Sugra Ingilab Humbatova, Natig Gadim-Ogli Hajiyev, The Impact of Oil Factor on the Car Import in Azerbaijan , International Journal of Energy Economics and Policy: Vol. 10 No. 4 (2020) Make a Submission Make a Submission Dergi Kapağı

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