Assessing the Sectoral and Macroeconomic Impacts of Capital Investment on Education in Azerbaijan

In this article has been analyzed the current state of education in Azerbaijan, and the role of education in poverty reduction and the formation of the labor market has been researched. Also, the assessment of sectoral and macroeconomic impacts of capital investments in the formation of the educatio...

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Main Authors: F. Mikayilov, A. Suleymanov, M. Mehdiyev, R. Musayev, M. Guliyeva
Format: Article
Language:Russian
Published: International Centre for Scientific and Technical Information (ICSTI) 2019-06-01
Series:Informaciâ i Innovacii
Subjects:
Online Access:https://journal.icsti.int/jour/article/view/116
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author F. Mikayilov
A. Suleymanov
M. Mehdiyev
R. Musayev
M. Guliyeva
author_facet F. Mikayilov
A. Suleymanov
M. Mehdiyev
R. Musayev
M. Guliyeva
author_sort F. Mikayilov
collection DOAJ
description In this article has been analyzed the current state of education in Azerbaijan, and the role of education in poverty reduction and the formation of the labor market has been researched. Also, the assessment of sectoral and macroeconomic impacts of capital investments in the formation of the education system in accordance with the requirements of the labor market was considered.The purpose of the study is to evaluate the volume and designation of investment in education, including macroeconomic impacts on its economic activities as a whole, in terms of investment programs.The research database consists of official state documents related to the volume of capital investments and the inter-sectoral balance of production and distribution of products and services developed by the State Statistical Committee of the Republic of Azerbaijan.The assessments were made using the Social Accounts Matrix and its general multiplier model, based on the intersectoral balance of production and distribution of products and services.As a result, the economic and macroeconomic effects of capital investments in education were evaluated by simulations.
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language Russian
publishDate 2019-06-01
publisher International Centre for Scientific and Technical Information (ICSTI)
record_format Article
series Informaciâ i Innovacii
spelling doaj-art-9dc6e9e5e2ae44219305c637de16b8a52025-08-20T02:46:32ZrusInternational Centre for Scientific and Technical Information (ICSTI)Informaciâ i Innovacii1994-24432019-06-01142273410.31432/1994-2443-2019-14-2-27-34115Assessing the Sectoral and Macroeconomic Impacts of Capital Investment on Education in AzerbaijanF. Mikayilov0A. Suleymanov1M. Mehdiyev2R. Musayev3M. Guliyeva4Scientific-Research Institute of Economic Studies under Azerbaijan State University of Economics (UNEC)The Institute for Scientific Research on Economic Reforms under the Ministry of EconomyThe Institute for Scientific Research on Economic Reforms under the Ministry of EconomyThe Institute for Scientific Research on Economic Reforms under the Ministry of EconomyThe Institute for Scientific Research on Economic Reforms under the Ministry of EconomyIn this article has been analyzed the current state of education in Azerbaijan, and the role of education in poverty reduction and the formation of the labor market has been researched. Also, the assessment of sectoral and macroeconomic impacts of capital investments in the formation of the education system in accordance with the requirements of the labor market was considered.The purpose of the study is to evaluate the volume and designation of investment in education, including macroeconomic impacts on its economic activities as a whole, in terms of investment programs.The research database consists of official state documents related to the volume of capital investments and the inter-sectoral balance of production and distribution of products and services developed by the State Statistical Committee of the Republic of Azerbaijan.The assessments were made using the Social Accounts Matrix and its general multiplier model, based on the intersectoral balance of production and distribution of products and services.As a result, the economic and macroeconomic effects of capital investments in education were evaluated by simulations.https://journal.icsti.int/jour/article/view/116capital investmentsinvestment analysisinvestment on educationlabor marketsectoral and macroeconomic impactssocial accounting matrixmultiplier effects
spellingShingle F. Mikayilov
A. Suleymanov
M. Mehdiyev
R. Musayev
M. Guliyeva
Assessing the Sectoral and Macroeconomic Impacts of Capital Investment on Education in Azerbaijan
Informaciâ i Innovacii
capital investments
investment analysis
investment on education
labor market
sectoral and macroeconomic impacts
social accounting matrix
multiplier effects
title Assessing the Sectoral and Macroeconomic Impacts of Capital Investment on Education in Azerbaijan
title_full Assessing the Sectoral and Macroeconomic Impacts of Capital Investment on Education in Azerbaijan
title_fullStr Assessing the Sectoral and Macroeconomic Impacts of Capital Investment on Education in Azerbaijan
title_full_unstemmed Assessing the Sectoral and Macroeconomic Impacts of Capital Investment on Education in Azerbaijan
title_short Assessing the Sectoral and Macroeconomic Impacts of Capital Investment on Education in Azerbaijan
title_sort assessing the sectoral and macroeconomic impacts of capital investment on education in azerbaijan
topic capital investments
investment analysis
investment on education
labor market
sectoral and macroeconomic impacts
social accounting matrix
multiplier effects
url https://journal.icsti.int/jour/article/view/116
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AT asuleymanov assessingthesectoralandmacroeconomicimpactsofcapitalinvestmentoneducationinazerbaijan
AT mmehdiyev assessingthesectoralandmacroeconomicimpactsofcapitalinvestmentoneducationinazerbaijan
AT rmusayev assessingthesectoralandmacroeconomicimpactsofcapitalinvestmentoneducationinazerbaijan
AT mguliyeva assessingthesectoralandmacroeconomicimpactsofcapitalinvestmentoneducationinazerbaijan