Modeling and Mediation in the Interaction Between Oil Prices and the Development of the Economy Sectors: Evidence of Kazakhstan
Omarova A. Akenov S. Magrupova Z. Mikhailova G. Aidarova A. Kunyazova S.
2024Economic Laboratory for Transition Research
Montenegrin Journal of Economics
2024#20Issue 4187 - 201 pp.
The study of the interaction between oil prices and the development of sectors of the economy of the Republic of Kazakhstan is of high relevance in the context of the countrys sustainable development, the diversity of the economy and reducing the risks associated with dependence on the oil and gas sector. This helps to make informed decisions and formulate strategies that promote sustainable and balanced economic growth. The study of modeling and mediation in the interaction between oil prices and the development of sectors of the economy of Kazakhstan is of practical importance and can serve as a basis for developing effective strategies for sustainable economic development of the country in the conditions of oil market volatility The aim of the study is to model and mediate the interaction between oil prices and the development of sectors of the economy of Kazakhstan, aimed at developing mathematical or statistical models that will help predict the impact of changes in oil prices on various sectors of the economy of Kazakhstan, as well as analyze how the development of individual sectors can affect on oil prices.
mediation , modeling , oil , Oil and gas industry , sustainable development
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Karaganda Buketov University, Karaganda, Kazakhstan
AbylkasSaginovKaraganda Technical University, Karaganda, Kazakhstan
North-Caucasus Federal University, Stavropol, Russian Federation
Mukhtar Auezov South Kazakhstan University, Shymkent, Kazakhstan
ToraigyrovUniversity, Pavlodar, Kazakhstan
Karaganda Buketov University
AbylkasSaginovKaraganda Technical University
North-Caucasus Federal University
Mukhtar Auezov South Kazakhstan University
ToraigyrovUniversity
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