@article{Ayyubova_Gasimova_2023, title={Econometric analysis of the dynamic series of the current account of the balance of payments}, url={https://archive.interconf.center/index.php/2709-4685/article/view/3396}, DOI={10.51582/interconf.19-20.05.2023.008}, abstractNote={<p>The article is devoted to issues of econometric analysis and modeling of the development dynamics of Azerbaijan’s balance of payments. For this purpose, the theoretical foundations of the balance of payments were investigated, the factors starting from the first quarter of 2007 and the fourth quarter of 2021 were selected, the overall quality of the model built for the current account of the balance of payments based on the econometric methodology was evaluated, the Dickey Fuller test was performed, which determines the stationarity of the time series, Excel application using the software package, the auto-regression model with first-order differences for the balance of payments was considered, in the next step, the autocorrelation functions for the balance of payments were investigated, the levels causing the violation of stationarity were added to the study as a fictitious variable, and the issues of forming the GARCH model for conditional heteroscedasticity were considered.</p>}, number={33(155)}, journal={Scientific Collection «InterConf+»}, author={Ayyubova, N. and Gasimova, M.}, year={2023}, month={May}, pages={69–87} }