{"id":"https://openalex.org/W7225786288","doi":"https://doi.org/10.21203/rs.3.rs-11508623/v1","title":"Assessment of the Impact of Digitization on Inflation Processes and Financial Stability in Azerbaijan","display_name":"Assessment of the Impact of Digitization on Inflation Processes and Financial Stability in Azerbaijan","publication_year":2026,"publication_date":"2026-11-11","ids":{"openalex":"https://openalex.org/W7225786288","doi":"https://doi.org/10.21203/rs.3.rs-11508623/v1"},"language":"en","primary_location":{"id":"doi:10.21203/rs.3.rs-11508623/v1","doi":"https://doi.org/10.21203/rs.3.rs-11508623/v1","is_oa":true,"landing_page_url":"https://doi.org/10.21203/rs.3.rs-11508623/v1","pdf_url":null,"source":{"id":"https://openalex.org/S4306525896","display_name":"Research Square","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Research Square","raw_type":"posted-content"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.21203/rs.3.rs-11508623/v1","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5093956375","display_name":"Ramiz Javad Javadov","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210086371","display_name":"Azerbaijan State University of Economics","ror":"https://ror.org/000y2g343","country_code":"AZ","type":"education","lineage":["https://openalex.org/I4210086371"]}],"countries":["AZ"],"is_corresponding":true,"raw_author_name":"Ramiz Javadov","raw_affiliation_strings":["Azerbaijan State University of Economics (UNEC)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Azerbaijan State University of Economics (UNEC)","institution_ids":["https://openalex.org/I4210086371"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5116800062","display_name":"Aliya Hajigayibova","orcid":"https://orcid.org/0000-0002-0563-1026","observed_orcids":["https://orcid.org/0000-0002-0563-1026"]},"institutions":[{"id":"https://openalex.org/I4210086371","display_name":"Azerbaijan State University of Economics","ror":"https://ror.org/000y2g343","country_code":"AZ","type":"education","lineage":["https://openalex.org/I4210086371"]}],"countries":["AZ"],"is_corresponding":false,"raw_author_name":"Aliya Hajigayibova","raw_affiliation_strings":["Azerbaijan State University of Economics (UNEC)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Azerbaijan State University of Economics (UNEC)","institution_ids":["https://openalex.org/I4210086371"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5012162169","display_name":"Turkan Ali Sheydai","orcid":"https://orcid.org/0000-0002-2106-7883","observed_orcids":["https://orcid.org/0000-0002-2106-7883"]},"institutions":[{"id":"https://openalex.org/I136806742","display_name":"Azerbaijan State Oil and Industry University","ror":"https://ror.org/05mmnns11","country_code":"AZ","type":"education","lineage":["https://openalex.org/I136806742"]}],"countries":["AZ"],"is_corresponding":false,"raw_author_name":"Turkan Sheydai","raw_affiliation_strings":["Azerbaijan State Oil and Industry University (ASOIU)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Azerbaijan State Oil and Industry University (ASOIU)","institution_ids":["https://openalex.org/I136806742"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5002227138","display_name":"Olena I. Nykyforuk","orcid":"https://orcid.org/0000-0001-7376-3373","observed_orcids":["https://orcid.org/0000-0001-7376-3373"]},"institutions":[{"id":"https://openalex.org/I4387152604","display_name":"Institute for Economics and Forecasting of the National Academy of Sciences of Ukraine","ror":"https://ror.org/0244nkc36","country_code":"UA","type":"government","lineage":["https://openalex.org/I149851306","https://openalex.org/I4387152604"]}],"countries":["UA"],"is_corresponding":false,"raw_author_name":"Olena Nykyforuk","raw_affiliation_strings":["Institute for Economics and Forecasting of the National Academy of Sciences of Ukraine"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Institute for Economics and Forecasting of the National Academy of Sciences of Ukraine","institution_ids":["https://openalex.org/I4387152604"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5031855694","display_name":"Hijran R. Muradova","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210086371","display_name":"Azerbaijan State University of Economics","ror":"https://ror.org/000y2g343","country_code":"AZ","type":"education","lineage":["https://openalex.org/I4210086371"]}],"countries":["AZ"],"is_corresponding":false,"raw_author_name":"Hijran Muradova","raw_affiliation_strings":["Azerbaijan State University of Economics (UNEC)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Azerbaijan State University of Economics (UNEC)","institution_ids":["https://openalex.org/I4210086371"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5093956375"],"corresponding_institution_ids":["https://openalex.org/I4210086371"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.6288999915122986,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.6288999915122986,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.35249999165534973,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.00570000009611249,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6090999841690063},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5963000059127808},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.5238999724388123},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.49320000410079956},{"id":"https://openalex.org/C98965940","wikidata":"https://www.wikidata.org/wiki/Q877496","display_name":"Transaction cost","level":2,"score":0.45089998841285706},{"id":"https://openalex.org/C75949130","wikidata":"https://www.wikidata.org/wiki/Q848010","display_name":"Database transaction","level":2,"score":0.4205999970436096},{"id":"https://openalex.org/C2776214188","wikidata":"https://www.wikidata.org/wiki/Q408386","display_name":"Inference","level":2,"score":0.41589999198913574},{"id":"https://openalex.org/C101104100","wikidata":"https://www.wikidata.org/wiki/Q1063540","display_name":"Heteroscedasticity","level":2,"score":0.37610000371932983},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.36039999127388},{"id":"https://openalex.org/C41426520","wikidata":"https://www.wikidata.org/wiki/Q1192065","display_name":"Point estimation","level":2,"score":0.35409998893737793},{"id":"https://openalex.org/C178650346","wikidata":"https://www.wikidata.org/wiki/Q201984","display_name":"Covariance","level":2,"score":0.32679998874664307},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.32339999079704285},{"id":"https://openalex.org/C112972136","wikidata":"https://www.wikidata.org/wiki/Q7595718","display_name":"Stability (learning theory)","level":2,"score":0.31529998779296875},{"id":"https://openalex.org/C2779308522","wikidata":"https://www.wikidata.org/wiki/Q843958","display_name":"Digitization","level":2,"score":0.3149000108242035},{"id":"https://openalex.org/C28719098","wikidata":"https://www.wikidata.org/wiki/Q44946","display_name":"Point (geometry)","level":2,"score":0.31349998712539673},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.3125999867916107},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3061000108718872},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.29600000381469727},{"id":"https://openalex.org/C22679943","wikidata":"https://www.wikidata.org/wiki/Q159375","display_name":"Standard deviation","level":2,"score":0.2906999886035919},{"id":"https://openalex.org/C91317487","wikidata":"https://www.wikidata.org/wiki/Q1530412","display_name":"Simultaneity","level":2,"score":0.2791999876499176},{"id":"https://openalex.org/C180075932","wikidata":"https://www.wikidata.org/wiki/Q5333342","display_name":"Econometric model","level":2,"score":0.2709999978542328},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.26989999413490295},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2648000121116638},{"id":"https://openalex.org/C2776983043","wikidata":"https://www.wikidata.org/wiki/Q986008","display_name":"Payment system","level":3,"score":0.26109999418258667},{"id":"https://openalex.org/C204208750","wikidata":"https://www.wikidata.org/wiki/Q1519415","display_name":"Short run","level":2,"score":0.2515999972820282},{"id":"https://openalex.org/C137703641","wikidata":"https://www.wikidata.org/wiki/Q4874480","display_name":"Bayesian vector autoregression","level":3,"score":0.2513999938964844}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.21203/rs.3.rs-11508623/v1","doi":"https://doi.org/10.21203/rs.3.rs-11508623/v1","is_oa":true,"landing_page_url":"https://doi.org/10.21203/rs.3.rs-11508623/v1","pdf_url":null,"source":{"id":"https://openalex.org/S4306525896","display_name":"Research Square","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Research Square","raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.21203/rs.3.rs-11508623/v1","doi":"https://doi.org/10.21203/rs.3.rs-11508623/v1","is_oa":true,"landing_page_url":"https://doi.org/10.21203/rs.3.rs-11508623/v1","pdf_url":null,"source":{"id":"https://openalex.org/S4306525896","display_name":"Research Square","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Research Square","raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":46,"referenced_works":["https://openalex.org/W1966910378","https://openalex.org/W2784479996","https://openalex.org/W2794772509","https://openalex.org/W2796324504","https://openalex.org/W2904812166","https://openalex.org/W2927188804","https://openalex.org/W2929399345","https://openalex.org/W2933605307","https://openalex.org/W2943908192","https://openalex.org/W2946506390","https://openalex.org/W2969796370","https://openalex.org/W2975230369","https://openalex.org/W2997409352","https://openalex.org/W3021074122","https://openalex.org/W3117086259","https://openalex.org/W3133049253","https://openalex.org/W3150973638","https://openalex.org/W3151424744","https://openalex.org/W3171594084","https://openalex.org/W3206119721","https://openalex.org/W3209809080","https://openalex.org/W4205145754","https://openalex.org/W4213361112","https://openalex.org/W4240158604","https://openalex.org/W4251662535","https://openalex.org/W4289594497","https://openalex.org/W4290931391","https://openalex.org/W4311764836","https://openalex.org/W4313562507","https://openalex.org/W4319966084","https://openalex.org/W4376587743","https://openalex.org/W4377090821","https://openalex.org/W4380143011","https://openalex.org/W4384662933","https://openalex.org/W4387166624","https://openalex.org/W4388346902","https://openalex.org/W4389057833","https://openalex.org/W4389833536","https://openalex.org/W4390546887","https://openalex.org/W4392630473","https://openalex.org/W4399142649","https://openalex.org/W4409199040","https://openalex.org/W4409511133","https://openalex.org/W4410356243","https://openalex.org/W4416536759","https://openalex.org/W7128433678"],"related_works":[],"abstract_inverted_index":{"Abstract":[0],"This":[1],"study":[2],"examines":[3],"whether":[4],"payment":[5,38,191],"digitization":[6],"is":[7,35,142,157,172],"associated":[8],"with":[9,61],"inflation":[10,101],"and":[11,42,55,63,67,71,86,169,178,203],"selected":[12],"financial":[13],"vulnerabilities":[14],"in":[15,106,130],"Azerbaijan":[16],"using":[17],"96":[18],"monthly":[19],"observations":[20],"from":[21,79],"January":[22],"2018":[23],"to":[24,81,123],"December":[25],"2025.":[26],"The":[27,74,153,188],"cashless":[28,75,108],"share":[29,77,109],"of":[30,44,113],"domestic":[31],"card":[32],"transaction":[33,40],"value":[34,76],"the":[36,99,103,107,131,179],"main":[37],"indicator;":[39],"counts":[41],"point":[43],"sale":[45],"infrastructure":[46],"provide":[47],"alternatives.":[48],"Persistence":[49],"tests,":[50],"exploratory":[51,175],"ARDL":[52],"bounds":[53,180],"screening":[54],"dynamic":[56],"change":[57,105],"regressions":[58],"are":[59,127],"combined":[60],"seasonal":[62],"dated":[64],"controls,":[65],"heteroskedasticity":[66],"autocorrelation":[68],"consistent":[69],"inference":[70],"sensitivity":[72],"analysis.":[73],"increased":[78],"17.375%":[80],"67.754%,":[82],"while":[83,193],"overdue":[84],"lending":[85],"deposit":[87],"dollarization":[88,155],"declined.":[89],"These":[90],"trends":[91],"do":[92,182],"not":[93,183],"identify":[94],"a":[95,111,148],"causal":[96],"relationship.":[97],"In":[98],"principal":[100,154],"equation,":[102],"lagged":[104],"has":[110],"coefficient":[112],"0.105":[114],"(p":[115,135,144,160],"=":[116,136,145,161],"0.085;":[117],"95%":[118],"confidence":[119],"interval":[120],"\u2212":[121],"0.015":[122],"0.226).":[124],"Payment":[125],"lags":[126],"jointly":[128],"significant":[129],"untrended":[132],"log-risk":[133],"equation":[134],"0.046),":[137],"but":[138],"their":[139],"signed":[140],"sum":[141],"imprecise":[143,159],"0.092);":[146],"adding":[147],"trend":[149],"reverses":[150],"its":[151,195],"sign.":[152],"estimate":[156],"also":[158],"0.832).":[162],"Results":[163],"vary":[164],"across":[165],"proxies,":[166],"covariance":[167],"bandwidths":[168],"samples.":[170],"Inference":[171],"conditional":[173],"on":[174],"model":[176],"selection,":[177],"screens":[181],"justify":[184],"an":[185],"equilibrium":[186],"interpretation.":[187],"findings":[189],"document":[190],"transformation":[192],"leaving":[194],"independent":[196],"macrofinancial":[197],"benefits":[198],"unresolved,":[199],"supporting":[200],"statistical":[201],"harmonization":[202],"targeted":[204],"policy":[205],"evaluation.":[206]},"counts_by_year":[],"updated_date":"2026-11-12T12:28:57.059296","created_date":"2026-11-12T00:00:00"}
