Creating Econometric Models: Evaluation and Analysis

  • Adalat Muradov
  • Yadulla Hasanli
  • Nazim Hajiyev
Part of the SpringerBriefs in Economics book series (BRIEFSECONOMICS)


The data provided in Appendixes A–C was used in conducting the analysis and realization of the models. More precisely, data on the daily price of Brent crude oil in world oil, covering the period from January 2, 1986, to December 29, 2017 (US Energy Information Administration 2018a, b) (Appendix B); average annual oil prices in 1986–2017 (Appendix C) and 1861–2016 (Table 2.4); and the Wolf number information characterizing solar activity during the period 1700–2017 are included as inputs into the models.


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Copyright information

© The Author(s), under exclusive license to Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Adalat Muradov
    • 1
  • Yadulla Hasanli
    • 1
  • Nazim Hajiyev
    • 1
    • 2
  1. 1.Azerbaijan State University of EconomicsBakuAzerbaijan
  2. 2.Harvard UniversityCambridgeUSA

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