An article entitled “The Impact of Oil Prices on Inflation: The Case of Azerbaijan” and written by PhD in Economics Shahriyar Mukhtarov, the head of World Economy Department, has been published in the 4th issue, 2019 of “International Journal of Energy Economics and Policy” journal. The magazine is indexed in the Scopus database, which is considered one of the world’s most popular databases.
It should be noted that the impact of oil prices on inflation was analyzed through the VECM method by using statistical data for 1995-2017. According to the article, oil prices have a positive impact on inflation in Azerbaijan. Based on the research findings, a number of proposals were made in this regard.
The article is available in the following link:
http://www.econjournals.com/index.php/ijeep/article/view/7712/4408