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).

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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
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DEVELOPMENT OF BUSINESS LOANS IN THE REPUBLIC OF AZERBAIJAN:ECONOMETRIC ASSESSMENT OF MACROECONOMIC IMPACTS

Economic and Technological Developments in Russia
article

DEVELOPMENT OF BUSINESS LOANS IN THE REPUBLIC OF AZERBAIJAN:ECONOMETRIC ASSESSMENT OF MACROECONOMIC IMPACTS

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Abstract

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).

Baku State University (AZ)
Openalex Percentile: Top 49%
Economic and Technological Developments in Russia
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DEVELOPMENT OF BUSINESS LOANS IN THE REPUBLIC OF AZERBAIJAN:ECONOMETRIC ASSESSMENT OF MACROECONOMIC IMPACTS · (2025) | TGRS Research Map | TGRS