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Print 1048 Archive
NEWS
13 June, 2025International Scientific Conference on "Ottoman Prisoners in Azerbaijan during World War I (Nargin and Azerbaijani Society's Aid to Prisoners)"
12 June, 2025Khazar University Launches "From Natural Intelligence to Artificial Intelligence" Seminar Series
10 June, 2025Meeting of Turkish Minister with Faculty and Students at Khazar University
04 June, 2025Prof. Acad. Hamlet Isakhanli at the Seminar of the Institute of Mathematics and Mechanics of the Ministry of Science and Education of Azerbaijan
31 May, 2025"Khazar University Forum" Held
31 May, 2025"Food Fair" Charity Market
30 May, 2025"Sustainable City Project" Multidisciplinary Spatial Planning Training
26 May, 2025World Day for Cultural Diversity Celebrated at Khazar University
21 May, 2025Khazar University Representatives Participate in 7th International Turkic World Tourism Conference at EMU
18 June, 2025Khazar University Achieves High Ranking in "Times Higher Education Impact Rankings 2025"

An article of the School of Economics and Management Staff Members in Web of Science Indexed Journal

The research paper “The Impact of Financial Development on Energy Consumption: Evidence from an Oil-Rich Economy” by Dr. Jeyhun Mammadov, dean of the School of Economics and Management, Dr. Shahriyar Mukhtarov, vice dean of the School of Economics and Management, and Dr. Elvin Mammadov, coordinator of the Department of Economics and Management at Khazar University, was published in Energies, No 6, Vol 11, 2018. The journal is indexed by the Science Citation Index Expanded “Web of Science” (SCI Impact Factor: 2.26) and SCOPUS (Citescore 3.11) databases.

The study investigates the relationship between energy consumption, financial development, and economic growth in an oil-rich economy—Azerbaijan—employing cointegration techniques. The results confirm the existence of a long-run relationship among the variables. Also, authors find that there is a positive and statistically significant impact of financial development and economic growth on energy consumption in the long-run. In this regard, Azerbaijani policymakers and related authorities in similar economies should consider a balanced approach to economic growth, financial development, and energy-related measures policies.

The paper is available at:

http://www.mdpi.com/1996-1073/11/6/1536.

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