DEVELOPMENT OF BUSINESS LOANS IN THE REPUBLIC OF AZERBAIJAN:ECONOMETRIC ASSESSMENT OF MACROECONOMIC IMPACTS
This paper investigates the interactions between business loans, household income, expenditures and interest rates from 2020 to 2024 in Azerbaijan using econometric methods.The Augmented Dickey-Fuller (ADF) test, Granger causality test and Johansen cointegration test were employed and long-term cointegration and equilibrium relationships were identified through the Vector Error Correction Model (VECM).
Institutions
- Baku State University (AZ)
Publication Details
- Published
- 2025-01-01
- DOI
- https://doi.org/10.30546/si.2025.3.28.309
- Primary Topic
- Economic and Technological Developments in Russia
- Type
- article
- Field-Weighted Citation Impact
- 0.00