Scientific review of Azerbaijan State University of Economics

Analysis of the impact of customs tariff rates on GDP and individual sectors in Azerbaijan

Summary

The impacts of customs tariff policy in Azerbaijan on the total and non-oil economic development of the country are investigated in the article. At the same time, appro-priateresults were obtained on the effects of a number of macroeconomic control variables included in order to increase the adequacy of the selected econometric models. Of course, these results were obtained in an aggregated way. That is, in terms of stimulating national production, the effects of tariff rates, such as customs and tariff policy, have been determined in general. In this context, by assessing the impact of tariff rates on economic activities, such as customs and tariff policy, it will be possible to determine in which sectors of the Azerbaijani economy this policy may be more effective and, owing to it in turn the most efficient direction to stimulate national production.


Keywords:
customs tariff rate, areas of economic activity, fiscal policy, economic growth, intersectoral relations, taxes.

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