Econometric Assessment of the Impact of Competitiveness on the Income of the Population in Azerbaijan

The concept of global competitiveness index (GCI) was proposed in 2004. The GCI index is calculated by the World Economic Forum since 2007. The GCI is an aggregate indicator that includes more than 110 sub-indicators in 12 groups. According to the values of this indicator, the countries of the worl...

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Main Authors: Yadulla Hasanli, Sardar Shabanov
Format: Article
Language:English
Published: Oles Honchar Dnipro National University 2023-06-01
Series:Challenges and Issues of Modern Science
Online Access:https://cims.fti.dp.ua/j/article/view/97
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author Yadulla Hasanli
Sardar Shabanov
author_facet Yadulla Hasanli
Sardar Shabanov
author_sort Yadulla Hasanli
collection DOAJ
description The concept of global competitiveness index (GCI) was proposed in 2004. The GCI index is calculated by the World Economic Forum since 2007. The GCI is an aggregate indicator that includes more than 110 sub-indicators in 12 groups. According to the values of this indicator, the countries of the world are ranked in descending order. It is clear that international competitiveness covers all spheres of a country's life - political, social, economic and cultural - and ultimately plays a leading role in the well-being of the country's population. One of the important components of well-being is the income of the population. In this article, the issue of the impact of competitiveness on the income of the population was considered in the case of Azerbaijan.
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institution Kabale University
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publisher Oles Honchar Dnipro National University
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series Challenges and Issues of Modern Science
spelling doaj-art-d1426ce3616f425aa20ab2a9169254c72025-02-11T09:56:09ZengOles Honchar Dnipro National UniversityChallenges and Issues of Modern Science3083-57042023-06-011Econometric Assessment of the Impact of Competitiveness on the Income of the Population in AzerbaijanYadulla Hasanli0https://orcid.org/0000-0001-9497-5607Sardar Shabanov1https://orcid.org/0000-0001-8020-6954Azerbaijan State University of EconomicsAzerbaijan State University of Economics The concept of global competitiveness index (GCI) was proposed in 2004. The GCI index is calculated by the World Economic Forum since 2007. The GCI is an aggregate indicator that includes more than 110 sub-indicators in 12 groups. According to the values of this indicator, the countries of the world are ranked in descending order. It is clear that international competitiveness covers all spheres of a country's life - political, social, economic and cultural - and ultimately plays a leading role in the well-being of the country's population. One of the important components of well-being is the income of the population. In this article, the issue of the impact of competitiveness on the income of the population was considered in the case of Azerbaijan. https://cims.fti.dp.ua/j/article/view/97
spellingShingle Yadulla Hasanli
Sardar Shabanov
Econometric Assessment of the Impact of Competitiveness on the Income of the Population in Azerbaijan
Challenges and Issues of Modern Science
title Econometric Assessment of the Impact of Competitiveness on the Income of the Population in Azerbaijan
title_full Econometric Assessment of the Impact of Competitiveness on the Income of the Population in Azerbaijan
title_fullStr Econometric Assessment of the Impact of Competitiveness on the Income of the Population in Azerbaijan
title_full_unstemmed Econometric Assessment of the Impact of Competitiveness on the Income of the Population in Azerbaijan
title_short Econometric Assessment of the Impact of Competitiveness on the Income of the Population in Azerbaijan
title_sort econometric assessment of the impact of competitiveness on the income of the population in azerbaijan
url https://cims.fti.dp.ua/j/article/view/97
work_keys_str_mv AT yadullahasanli econometricassessmentoftheimpactofcompetitivenessontheincomeofthepopulationinazerbaijan
AT sardarshabanov econometricassessmentoftheimpactofcompetitivenessontheincomeofthepopulationinazerbaijan