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Azerbaijan’s Current and Potential Comparative Advantage: An Exploratory Study

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  • Lal Almas
  • Nazim Hajiyev

Abstract

The present article “Azerbaijan’s Current and Potential Comparative Advantage†, which has been prepared as a contribution to the National Employment Strategy, provides an analysis of the sectors and industries in which Azerbaijan is either currently competitive or there is a potential to become competitive in the future. This study proves the existence of the competitive, non-oil sectors in Azerbaijan and there are justifiable reasons to suppose that new and competitive industries can develop in the future. Along with the analyses of the current competitive sectors in Azerbaijan, this report recommends to undertake detailed and comprehensive analysis of those sectors which are proved to be currently competitive and to identify the key obstacles hindering their development. These further investigations should also provide a basis for linking comparative advantage with labor markets to create the conditions for competitive industries that generate more employment in the sectors outside oil and gas.

Suggested Citation

  • Lal Almas & Nazim Hajiyev, 2014. "Azerbaijan’s Current and Potential Comparative Advantage: An Exploratory Study," Journal of Agricultural Science, Canadian Center of Science and Education, vol. 6(11), pages 1-74, October.
    • Handle: RePEc:ibn:jasjnl:v:6:y:2014:i:11:p:74
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    References listed on IDEAS

    as
    1. Krugman, Paul R., 1979. "Increasing returns, monopolistic competition, and international trade," Journal of International Economics, Elsevier, vol. 9(4), pages 469-479, November.
    2. Webster, Allan, 1993. "The Skill and Higher Educational Content of UK Net Exports," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 55(2), pages 141-159, May.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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