Page 56 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.71, # 2, 2014, pp. 42-65

 social support to poor categories of population.

In order to develop the efficient program for Azerbaijan to enter WTO, Government has to

create research base for the whole spade-work and integration stage.

3) Research base under Azerbaijan's entrance to WTO

I. Macroeconomic results

The Government should develop research on macro-economic results of Azerbaijan's

entrance to WTO. The document should read forecast on impact of entrance upon fields,

assessment of multiple effect in short and long-term perspective; scenario of impact of changes

in foreign trade regime on economic growth and dynamic of import-replacing productions,

particularly agriculture, textile, food industry, services, tourism. We offer to assess economic

results from Azerbaijan's entrance to WTO through the model of equivalent duty, applied by

Russia to estimate economic implications from entrance to WTO. Meanwhile, the qualitative

results of entrance to WTO must be gained within two methods:

1) method on assessment of economic results of change on import duties by means of

static inter-sector model.

2) Method on assessment of economic results of change on import duties within dynamic

scenarios. So, it is expedient to apply RIM model, created in the Institute of National Economic

Forecasts (Russia).

Within static inter-field models it is necessary to estimate impact of entrance to WTO on

fields through calculations on goods and groups of goods.

Goal of assessment is to find out vulnerable, sensitive, perspective and non-perspective

fields, goods and their groups.

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