Academic Affiliations

Fields of Expertise

• International Marketing
• Environmental and Energy Economics
• Development Economics
• Differential Game Theory
• Applied Econometrics
• Bioeconomics

Education

Publications

Peer reviewed

• (2021) Business Cycle and Alcohol Consumption: Evidence from a Nonlinear ARDL. Forthcoming in Journal of Wine Economics.
• (2021) Governance matters. Fieldwork analysis of participatory budgeting, voting, and development from Campania, Italy. Forthcoming in Journal of Public Affairs.
• (2021) An Ode to ODA against all Odds? A Novel Game-Theoretical and Empirical Reappraisal of Terrorism-Aid Nexus. Atlantic Economic Journal 49: 221-240.
• (2021) An extensive data set on energy, economy, environmental pollution, and institutional quality in the petroleum-reliant developing and transition economies. Together with Wilhelm Loewenstein and Andrea Gatto, Data in Brief, Volume 35, April 2021, 106766.
• (2021) What Drives Public Debt Growth? A Focus on Natural Resources, Sustainability, and Development. International Journal of Energy Economics and Policy 11(5): 614-621.
  
• (2021) The Puzzle of Greenhouse Gas Footprints of Oil Abundance. Together with Andrea Gatto. Socio-Economic Planning Sciences, 75, 100936.
• (2020) Natural Resources, Technological Progress, and Economic Modernization. Review of Development Economics 25(1): 381-404.
• (2020) Drivers of the CO₂-Emissions in the Fossil-Fuel Abundant Settings: (Pooled) Mean Group and Nonparametric Panel Analyses. Together with Wilhelm Loewenstein. Energies, 13(15), 3956. (available online)
• (2020) Addressing the Growth and Employment Effects of the Extractive Industries: White and Black Box Illustrations from Kazakhstan. Post-Communist Economies 33(4), 402-434.
• (2020) Environmental Policy Stringency, Technical Progress, and Pollution Haven Hypothesis. Together with Mattia Ferrari. Sustainability 12(9): 1-22.
• (2019) Commodity Revenues, Agricultural Sector and the Magnitude of Deindustrialization: A Novel Multisector Perspective. Together with Wilhelm Loewenstein and Yadulla Hasanli. Economies 7(4) 113: 1-14.
• (2019) Income Inequality and Status Symbols: The Case of Fine Wine Imports. Together with Britta Niklas. Journal of Wine Economics 14(4): 365-372. 
  
• (2019) Distributional Bargaining and the Speed of the Structural Change in the Labour-Surplus Petroleum Exporting Countries, The European Journal of Development Research 31(1): 51-98.
  
• (2019) Production Linkages and Dynamic Fiscal Employment Effects of the Extractive Industries: Input-Output and Nonlinear ARDL Analyses of Azerbaijan, together with Wilhelm Loewenstein and Yadulla Hasanli, Mineral Economics (online first).
• (2018) A Note on Revenue Distribution Patterns and Rent Seeking Incentive, International Journal of Energy Economics and Policy 8(2): 196-204, together with Wilhelm Löwenstein
• (2018) Privatization and the Role of Sub-National Governments in the Latin American Power Sector: A Plea for Less Subsidiarity?, International Journal of Energy Economics and Policy 8(1): 95-103, together with Wilhelm Löwenstein and Mattia Ferrari
• (2001) Cyclical Development of Economic Systems and Perspectives of Global Capitalism (in Russian). Возрождение XXI Век 3(37): 91-102, (Scientific Journal of the National Academy of Sciences of Azerbaijan), Baku
• (2000) Oil Strategy of Azerbaijan and Socio-Economic Development Problems, in: Neft və Azərbaycanın sosial-iqtisadi inkişaf problemləri, National Academy of Sciences of Azerbaijan, British Petroleum, Baku

Books and book chapters

• (2022) What drives Bio-Economy Development? A Focus on Civic Engagement, Affluence, and Environmental Policy Stringency. Fortcoming in Nachhaltige Bioökonomie? Diskurse, Kommunikation und Partizipation. Reinermann, Julia Lena; Kamlage, Jan-Hendrik; de Vries, Nicole; Schrey, Silvia; Oertel, Britta; Goerke, Ute (eds). Neue Ökologie. Bielefeld: transcript. 
• (2021) Rural Electrification and Transition to Clean Cooking: The Case Study of Solar Cooperatives in Uganda. In: W. Leal Filho et al. (eds.). Sustainable Policies and Practices in Energy, Environment and Health Research. World Sustainability Series.
• (2021) Revisiting the East Asian Financial Crises: Lessons from Ethics and Development Patterns. In: Shahbaz, M., Soliman, A., Ullah, S. (eds.). Economic Growth and Financial Development. Springer Cham.
• (2020) Energy Security Pathways in South East Europe: Diversification of the Natural Gas Supplies, Energy Transition, and Energy Futures. Chapter 17 in: Misik, Matus, and Orachova, Veronika (eds.). From Economic to Energy Transition. Three Decades of Transitions in Central and Southern Europe. Palgrave Macmillan, UK.
• (2019) Determinants of Public Debt and the Role of Natural Resources: A Cross-Country Analysis, Foundazione Eni Enrico Mattei Working Paper No. 4.2019, together with Andrea Gatto
• (2016) Oil Abundance and Economic Growth, Monograph, Logos Verlag, Berlin
• (2014) Metaheuristiken in der Modernen Ökonomie, Monograph, Westdeutscher Universitätsverlag, Bochum
• (2005) Business Cycles and Economic Development, Monograph, Elm Press, Baku

Not peer-reviewed

• (2019) Hotelling Rule Revisited: Inferior Institutional Quality as a Plea for Conservation? together with Andrea Gatto. In: State, Law, Society: Current Problems and Development Trends. Materials of V Roundtable. Poltava: Poltava Oil and Gas College.
• (2005) Geopolitik in der Kaspischen Region. ZfTI-Aktuell 103, Essen: Universität Duisburg-Essen.
• (2006) Die Regionalen Interessen im Nordirak im Rahmen der politischen Neugestaltung des Landes. ZfTI-Aktuell 116, Essen: Universität Duisburg-Essen.
• (2005) Iran im System der Internationalen Beziehungen: Aspekte der Regionalen Sicherheit. ZfTI-Aktuell 109, Essen: Universität Duisburg-Essen.
• (2004) Türkisch-aserbaidschanische Handelsbeziehungen: Ein Zeichen für politische Entfernung? ZfTI-Aktuell 106, Essen: Universität Duisburg-Essen.

Selected Presentations

Globale handelspolitische Herausforderungen im Zuge der Corona-Pandemie. Vortrag HRM Wiesbaden Business School. 21.04.2021. Wiesbaden, Germany (online).

Bewertung von Digitalen Technologien in der Landwirtschaft. Vortrag an der Hochschule für Wirtschaft und Umwelt. 17.05.2021. Geislingen, Germany (online).

Dealing with multiple uncertainties - the case of deep-sea fishing. Vortrag am Deutschen Zentrum für Biodiversitätsforschung (idiv). 05.02.2021. Leipzig, Germany (online).

Socio-Economic Pluralism and Natural Resource Endowments. Second Environmental Economics: A Focus on Natural Resources Conference. 19.11.2020. Orléans, France (online)

The Role of the Southern Gas Corridor in Energy Transition of Southeast Europe. Energy Transition Workshop, Bratislava, Slovakia.

European Environmental Policies, the Role of Gasification and Relations with the Global South, 21.10.2019, Science Week, UNEC, Baku, Azerbaijan.

A Rawlsian Model of Climate Justice and Empirical Analyses. 29-30.08.2019, EMCC-IV Econometric Models of Climate Change Conference. University of Milano-Bicocca, Milan, Italy.

Is there a Veblen effect for fine wine? 13th Annual Meeting of American Association for Wine Economics (AAWE), Vienna, Austria.

Renewable Energy and Public Debt: Pooled Mean Group Analysis. 2-5.07.2019, 13th Summer School of the European Association of Evolutionary Economics. University Roma Tre, Rome, Italy

Hotelling Rule Revisited: Inferior Institutional Quality as a Plea for Conservation? 19.04.2019. V Roundtable. Poltava: Poltava Oil and Gas College. Poltava, Ukraine.

Proposing an Environmental Hotelling Rule. International Scientific Conference. Contemporary Economic Problems in the Era of Globalization. Theory and Practice. 22.05.2019, Nicolaus Copernicus University of Torun, Poland.

Assessment of the Economic Policy Shifts in the Energy Sector: A Tale of Two Thresholds, Workshop on Renewable Energy in the SDGs, 28.02.2019, Energy Academy of the University of Groningen, Netherlands

Autocratic Bargaining and the Speed of the Structural Change in the Resource Abundant Labour Surplus Economies, 7.06-9.06.2018, ECOMOD 2018, Venice, Italy.

Asymmetric Hubbertian Revenue Distribution and Rent-Seeking Incentive, Managing resources: theory session, Environmental Economics: A Focus on Natural Resources Conference, 5-6.04.2018, Orléans, France

Embedding Political Bargaining in the Dual Economy Model of the Structural Change, Energy transition and structural change session, Environmental Economics: A Focus on Natural Resources Conference, 5-6.04.2018, Orléans, France

Is Waste-to-Energy an Effective Strategy to Increase the Resource Efficiency of the Economy? A Panel Data Approach to Circular Economy in the EU, AIQUAV CONFERENZA 2017 "Qualità della vita e Sostenibilità" 30. November - 2. December 2017, Florence, Italy

EU Action on Nutrition and its Discontents (Poster Presentation), 3rd International Conference on Global Food Security, 3-6. December 2017, Cape Town, South Africa

Intersectoral Elasticity Model and Elite Dynamics in the Petroleum-Exporting MENA-States, Workshop New Political Economy Perspectives of the Middle East, 27.10.2017, Oxford Department of International Development, Oxford, UK

A Model of the Decaying Rentier State, Annual Conference of French Environmental and Resource Economists, 12-14.09.2017, Nancy, France

Nonrenewable Resource Rents and Tax Base Erosion in the Labor Surplus Economies, Annual EADI Conference, 20-22.08.2017, Bergen, Norway

Hubbertian Revenue Distribution and a Dynamic Model of the Rent-Seeking Incentive, Annual Conference of the European Association of Environmental and Energy Economists, 29.06-02.07.2017, Athens, Greece

Hotelling Rule for the Low and High-Income Countries and Differences in their Resource Depletion Strategies, 5-6. September 2016, 5th International PhD Conference on International Development, University of East Anglia, UK

Hotelling Rule Revisited: Inferior Institutional Setting as A Pleading for Conservation? DOI: 10.13140/RG.2.2.15466.82888

Revenue Management and the Impact of the Resource-Abundance on Economic Development, 20.01.2014, African Mining Academy, Yaounde, Cameroon

Azerbaijan's Experience in Oil Contract Negotiations and Revenue Management, 21.01.2014, African Mining Academy, Yaounde, Cameroon

Caspian Oil Game and National Interests, 21.01.2001, International Economics Conference, Tbilisi State University, Georgia

Teaching

• Mathematical Bioeconomics and Epidemics
• Economics of Terrorism and Counterterrorism
• Ringvorlesung Umwelt Ressourcen Energie (Faculty of Management and Economics / CURE)
• Economics of Natural Resources (Faculty of Management and Economics)
• Public Policy and Reform Management (MADM)
• Advanced Statistical Methods (PhD IDS, with SPSS and STATA)
• Current Topics in Development Policies (Faculty of Management and Economics)
• Tutorial Growth and Development Economics (Faculty of Management and Economics)
• Übung Grundlagen Entwicklungspolitik (Faculty of Management and Economics)
• Statistical Methods of Empirical Social Research (MADM)
• Methods of Empirical Social Research: How to Conduct a Field Survey (MADM)

Memberships

• Cambridge Energy Research Group
• European and French Associations for Environmental and Resource Economics
• The International Society of Dynamic Games
• International Input-Output Association
• International Political Economy Society
• World Economics Association

Journal Refereeing

Ecological Economics, The Energy Journal, Economics of Energy & Environmental Policy, Journal of Economics and Management, International Journal of the Commons, Forest Policy and Economics, International Journal of Energy Economics and Policy, Agricultural and Resource Economics, Energy, Economic Theory Bulletin, Economics Letters, International Journal of Energy Economics and Policy, Energies, Agriculture, Econometrics, Mathematics, Science of Total Environment, Land, Journal of Open Innovation: Technology, Market, and Complexity, Mineral Economics

Supervision

• Huseynov, Vugar (2019) Income and Greenhouse Gas Emissions in a Small Oil-Abundant Country. 
• Rashida Abdullayeva (2019) The Impact of Innovations on Public Sector Service Delivery. The Case Study of ASAN.
• Nasiba Sodatshoeva (2019) The Development Impact of Rural Electrification. A Case Study of Pamir Energy Project in the Gorno-Badakhstan Autonomous Region of Tajikistan. 
• Christine Kirchhoff (2019) Praxis der Rohstoffabsicherung in den Entwicklungsländern
• Weifenbach, Hannah (2018) The Impact of Political Instability on Economic Growth
• Zacharias, Lara (2017) An Analysis of Time Required for Equilibrating Adjustment in the Neoclassical Growth Models
• Henke, Johannes (2007) Entwicklungshemmnisse in rohstoffreichen Staaten am Beispiel Äquatorialguineas
• Blick, Nuwe (2017/18) Rural electrification in Agricultural growth: A case study of the National Rural Electrification Program in Uganda
• Alkurish, Hashem (2017/2018) The determinants of the financing structure. Case Study: The listed SMEs on the Nile Stock Exchange in Egypt
• Ferrari, Mattia (2016/2017) Privatization in Network Industries: Access and Poverty.
• Sharipova, Gulshod (2014/15) Evaluation of the Poverty Reduction Programme in the National Development Strategy of Tajikistan.
• Asadov, Sardar (2015) Oil Abundance and Poverty Reduction in Azerbaijan.
• Buschke, Hanna (2014): Social Remittances of Ghanian Migrants. A Study of How the Value Shift of Migrants Influences the Development of Ghana.
• Herrera Leon, Diana (2014): Social Capital, Income Inequality and the Level of Income and Their Relationship with Violence in Urban Areas in El Salvador. Case Study: Temporary Income Support Program (PATI).