期刊名称：Azerbaijanian Journal of Economics and Social Studies
印刷版ISSN：2409-6741
电子版ISSN：2410-3268
出版年度：2016
期号：1
页码：7-28
语种：
出版社：Ramil Huseyn
摘要：In the article, on the basis of the analysis of relevant data with statistical methods, the short, medium and long-term impact of the sharp increase in hydrocarbon production during short period of economic growth is investigated. The mechanism of the impact of the rapid increase in oil and gas production on economic growth rate depending on the particular oil boom parameters, such as scale, intensity and strength of influence is explained. Author shows as the result of oil boom large GDP base is establish in the country and the relatively low growth rates observed in post-peak period should not be evaluated as manifestations of “resource curse”. In connection with the impact of these effects, formation of weak growth or a reduction of GDP per capita in period of post-peak is not evidence based fact. According to relevant factors and specific terms economic growth in individual countries can be relatively low. Key words: oil boom, economic growth, growth rate, oil economy, the effect of large base GDP
