Assessment of Trade Policy in Terms of Export Diversification in Azerbaijan

Sevda Shakir Imamverdiyeva, Elnur Vaqif Aliyev

Abstract


We analyze current status of of Azerbaijan export diversification and foreign trade policy in independent years (up from1991). The main focuse is on the tariffs and non-tariff measures of the Republic of Azerbaijan. We analyze foreign trade policy instruments of Azerbaijan one by one and compeare them with similar mechanisms of other countries. Our results show that that the foreign trade policy is very favorable for increasing foreign trade volume, and diversification of non-oil export in Azerbaijan. We find that Azerbaijan’s the maximum import tariffs level is 15%, and simple average is 9.4%. At the same time, until now Azerbaijani Government does not use most non-tariff barriers, including import quantity quotas, export subsidy, damping, anti-dumping etc.


Keywords


: Azerbaijan, customs duties export diversification, export partners, foreign trade policy, non-oil export.

Full Text:

PDF

References


Alessandro Nicita, Victor Ognivtsev and Miho Shirotori, 2013. Global Supply Chains: Trade And Economic Policies For Developing Countries. UNCTAD, Geneva, United Nations Publication.

Ankur Huria and Paul Brenton. “Export Diversification in Africa: The Importance of Good Trade Logistics”, Investing in Africa Forum, Addis Abab, Ethiopia, http://www-wds.worldbank.org/78C911E3-C313-4155-90EF-54AC9E1D3C1F/FinalDownload/DownloadId-786CDF33D6EA3314539ECF95944F1234/78C911E3-C313-4155-90EF-54AC9E1D3C1F/external/default/WDSContentServer/WDSP/IB/2015/06/29/090224b082fa1fef/2_0/Rendered/PDF/Export0diversi0good0trade0logistics.pdf

Azpromo (2011). Legal Framework for Doing Business in Azerbaijan. (http://www.azpromo.az/uploads/publications/Legal_Framework_pages_2011.pdf).

Center for Economic and Social Development (CESD), 2012. Azerbaijan’s Foreign Trade; Comparative Analysis. http://cesd.az/new/wp-content/uploads/2011/05/CESD_Publication_Foreign_Trade_Azerbaijan.pdf.

Christian Volpe Martincus and Sandra Milena Gómez (2009). Trade Policy and Export Diversification: What Should Colombia Expect from the FTA with the United States. Inter-American Development Bank, (http://idbdocs.iadb.org/wsdocs/getdocument.aspx?docnum=1801845).

Dogruel, S., and Tekce, M., (2011). Trade Liberalization and Export Diversification in Selected MENA Countries. Topics in Middle Eastern and African Economies, Volume 13.

Dornbusch, R.; S. Fischer; and P. Samuelson, (1977). Comparative advantage, trade, and payments in a Ricardian model with a continuum of goods. American Economic Review, Volume 67, No 5, pp. 823-839, (http://www.eco.uc3m.es/~desmet/trade/DFSAER1979.pdf).

Gasimly, V., (2013). Economic Diversification Leads to Modernization in Azerbaijan. The Tax Journal of Azerbaijan, Volume 6, pp.101-114, Baku - Azerbaijan.

Hamza Khalilov, Namig Shalbuzov, Ramil Huseyn, (2015). Country Report: Azerbaijan. Research Institute of Agricultural Economics, Azerbaijan, http://www.agricistrade.eu/wp-content/uploads/2015/06/Agricistrade_Azerbaijan.pdf

Hesse, H., (2008). Export Diversification and Economic Growth. Working Paper No. 21, The International Bank for Reconstruction and Development/The World Bank, On behalf of the Commission on Growth and Development, Washington, US.

Imamverdiyeva, S., (2015). An Impact of Export Subsidies on Export Diversification and the Possibility of Using from this Mechanism in Azerbaijan. The Tax Journal of Azerbaijan, Volume 2, pp.141-164, Baku-Azerbaijan, (http://vergijurnali.az/upload/File/2015-2.Imamverdiyeva%20S..pdf).

Imamverdiyeva, S., (2014). “The role of Import-Export Banks (Eximbank) in Export Diversification”, The Tax Journal of Azerbaijan, Volume 3, pp.177-190 Baku, (http://vergijurnali.az/upload/File/2014-3.S.Imamverdiyeva..pdf).

Kehoe, T. and K. Ruhl, (2013). How Important is the New Goods Margin in International Trade? Federal Reserve Bank of Minneapolis, (http://www.econ.umn.edu/~tkehoe/papers/NewGoods.pdf).

Navaretti, G. B., (2003). Azerbaijan Trade and Trade Facilitation Review. Asian Development Bank, (http://www.dagliano.unimi.it/media/Azerbaijan_Trade_and_Trade_Facilitation_Review.pdf).

Ruhl, K., (2003). Solving the Elasticity Puzzle in International Economics. University of Minnesota and Federal Reserve Bank of Minneapolis, (https://www.aeaweb.org/assa/2005/0107_0800_1303.pdf).

Venables, A., (2003). Winners and Losers from Regional Integration Agreements. Economic Journal, Volume 113, pp.747-761, (http://www.readcube.com/articles/10.1111%2F1468-0297.t01-1-00155?r3_referer=wol&tracking_action=preview_click&show_checkout=1&purchase_referrer=onlinelibrary.wiley.com&purchase_site_license=LICENSE_DENIED)

World Tariff Profiles, (2014). WTO Publications, printed in Switzerland, 2014, (https://www.wto.org/english/res_e/booksp_e/tariff_profiles14_e.pdf).

World Trade Organization, (2013). Trade Policy Review of EU-2013, WT/TPR/S/284, (https://www.wto.org/english/tratop_e/tpr_e/s284_e.pdf).

Yi, K-M., (2003). Can vertical specialization explain the growth of world trade? Journal of Political Economy, Volume 111, No 1, (http://www.econ.umn.edu/~tkehoe/classes/yi.pdf).

Statistical Bulletin (2014) The Central Bank of Azerbaijan, Volume 12, 2014, (http://www.cbar.az/pages/publications-researches/statistic-bulletin/).

Statistical Yearbook Of Azerbaijan (2015) Statistical yearbook, State Statistical Committee of the Republic of Azerbaijan, Baku-Azerbaijan, pp 814, (http://www.stat.gov.az/menu/6/statistical_yearbooks/).

The Foreign Trade of Azerbaijan (2015), Statistical yearbook, State Statistical Committee of the Republic of Azerbaijan, Baku-Azerbaijan, pp. 260, http://www.stat.gov.az/menu/6/statistical_yearbooks/




DOI: http://dx.doi.org/10.18533/ijbsr.v5i9.826

Refbacks

  • There are currently no refbacks.




Copyright (c) 2015 International Journal of Business and Social Research

 ...........................................................................................................................

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

............................................................................................................................

If you find difficulties in submitting manuscript please forward your doc file to support@thejournalofbusiness.org. Our support team will assist you in submission process and other technical matters.

In order to get notifications on inbox please add  this domain thejournalofbusiness.org in your email safe list.

International journal of business and social research (Print)
ISSN 2164-2540

International journal of business and social research (Online)
ISSN 2164-2559

[International Journal of Business and Social Research (IJBSR) previously published by MIR Center for Socio-Economic Research, MD, USA. From February 2018 this journal is published by the LAR Center Press, OR, USA]