Econometri̇c Models of Durable and Stable Economi̇c Development of Azerbai̇jan İndustri̇al Enterpri̇ses

Abstract

If should be noted that means gained as a result of development of oil industry have to be directed to develop non-oil industry due to the market requirements. Additionally we can emphasize that new economic models have been worked out to develop more effeciently industrial enterprises in the market relations. In connection with it strategical road map on the economic perspectives “State Program on the development of Azerbaijan Republic industry for 2015-2020-s” accepted on 6 December 2018, has been considered to speed industrializing process. Measurements plan is carried out. Due to the industrializing policy developing cosmic, defence, alternative energy, ship-building and other new fields have been created. Besides new industrial and refining enterprises began to be operated successfully.