The role of the non-oil sector in the economic growth of the countryJournal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.53, No. 3)
Publication Date: 2018-09-01
Authors : Abbasova Sh. Orujova M. Orujova T.;
Page : 77-79
Keywords : economy; growth; country; model; econometrics; statistics;
The article is devoted to the assessment of the role of the non-oil sector of the economy in the economic growth of the country. Econometric models that reflect the impact of changes in the volume of investments directed to both sectors of the economy on economic growth for the period 2006-2015 is constructed. The obtained statistical characteristics show that the constructed model is quite adequate and can be used for forecasting the priority directions of the country's socio-economic development.
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