Economics, Econometrics and Finance, Tourism, Leisure and Hospitality Management, Industrial relations, General Economics, Econometrics and Finance
18
Scopus Publications
39
Scholar Citations
3
Scholar h-index
1
Scholar i10-index
Scopus Publications
State finance: The role of digital tax calculations in macroeconomics of Azerbaijan Safar Purhani, Babayev Nusret, Nilufar Esanmurodova Applications of Mathematics in Science and Technology International Conference on Mathematical Applications in Science and Technology, 2025 The purpose of this article is to study the role of the digital tax economy in the macroeconomics of the Republic of Azerbaijan. The relevance of the study is reduced to the key role of digitalization in the development of the economy of a modern state and the formation of prerequisites for its economic development. The scientific novelty of the research is as follows: the definition of the concept of “digital tax economy” is given, the goals of digitalization of taxation are determined, the impact of digitalization of taxation on the macroeconomic indicators of the state is considered. The results of the study are reduced to the study of the experience of digitalization of the economy and the taxation system of the Republic of Azerbaijan, considering the relevant regulatory and legislative framework, calculating macroeconomic indicators, analyzing their dynamics, studying the factors affecting them, as well as identifying promising directions for the development of the digital tax economy of the Republic of Azerbaijan.
The place of the concept of holistic tourism in domestic and foreign literature: A document analysis Hijran Rzazade, Murad Alili, Safar Purhani, Ibrokhim Sapaev Applications of Mathematics in Science and Technology International Conference on Mathematical Applications in Science and Technology, 2025 Holistic tourism is a new type of alternative tourism that can offer appropriate experiences to tourists who want to balance the mind, body and spirit. Choosing holistic tourism means that a tourist can have a different and complete experience that goes beyond simple contact with cultures, people, places or landscapes. This concept focuses on self-transformation and an effort for people to better understand themselves. In this qualitative study, document analysis technique was used as a data collection technique. Therefore, available articles related to the concept of “holistic tourism” in the literature were examined. The aim of this research is to examine the articles on “holistic tourism” obtained from the Google Academic database according to all years and to introduce the concept of “Holisitk Tourism” to the Turkish literature. As a result, it is thought that the concept of “holistic tourism” can always create sustainability in the field of tourism and will be important in creating a spiritual, mental and physical whole for tourists.
A qualitative study on the influence of tourists on the formation of restaurant menu content Murad Alili, Hijran Rzazade, Safar Purhani, Nizami Huseynov, Ibrokhim Sapaev Applications of Mathematics in Science and Technology International Conference on Mathematical Applications in Science and Technology, 2025 This study aims to examine the importance of restaurant experiences of tourists in Baku and the effects of restaurant menus on tourist preferences. Tourists’ desire to discover new cultures and experience local cuisines requires restaurants to play a role as cultural carriers beyond the function of simply serving food. However, there is a significant gap in the literature regarding the effect of restaurant menu content on tourists in Baku. This study aims to fill this gap by revealing the role that tourists in Baku play in the creation of restaurant menus and how these effects shape their gastronomic experiences. The findings will provide valuable guidance for local restaurant operators and tourism managers and contribute to the development of Baku’s gastronomic attractiveness and tourist reputation.
Green economy: How did COVID-19 affect the sustainable practices of Hilton Worldwide and Marriott International? Jalil Safarli, Vali Valiyev, Safar Purhani, Ibrokhim Sapaev, Khodjimukhamedova Shakhida Applications of Mathematics in Science and Technology International Conference on Mathematical Applications in Science and Technology, 2025 This research proposal aims to investigate the nuanced relationship between taxation dynamics and state building resilience in post-conflict Azerbaijan, focusing on the transformative period spanning from 1984 to 2024. The study employs a rigorous time series analysis methodology to dissect the impact of taxation policies on fiscal stability, economic recovery, and social cohesion in the aftermath of the Karabakh conflict. By scrutinizing tax payments, budget allocations, SME proliferation, population demographics, and GDP trajectories, the research endeavors to uncover empirical insights into the intricate interplay between fiscal policies and state building imperatives. Ultimately, this research aspires to furnish policymakers and stakeholders with evidence-based recommendations for fostering sustainable development and resilience in conflict-affected contexts.
Digital marketing in mountain tourism: Challenges of the new time and development priorities Safar Hasan Purhani, Sevda Binyat Mamedova, Dilrabo Mukumova, Nilufar Esanmurodova Bio Web of Conferences, 2025 The tourism industry is increasingly playing a special role in the economy of countries, regions, cities and individual locations. It not only becomes a source of replenishment of territorial budgets directly, but also contributes to the development of small and medium-sized businesses, contributes to the creation of new jobs, influences the technological and digital transformation of territories. Modern conditions impose their own restrictions on the development of the industry and, at the same time, open up new opportunities for domestic tourism in Russia. The purpose of the study was to identify structural changes and trends in the development of the tourism industry in connection with demographic, socio-economic, epidemiological and foreign policy transformations. The author of the article updated the role of territorial marketing and presented proposals for its transformation taking into account the challenges of the new time. The main research methods are content analysis, evaluation of statistical information, spatio-temporal analysis. Based on an in-depth study of trends, new marketing tasks for territorial authorities and tourism market participants in the creation and promotion of destinations are substantiated. The territorial marketing tools proposed by the author, aimed at attracting tourists and developing the tourism industry as part of the territorial economy as a whole, take into account modern trends in the development of commercial marketing and are adapted to the conditions and capabilities of individual destinations. The issues of transformation of territorial labor and service markets in the context of the development of the tourism industry are covered. The key conclusion is the need to revise the conceptual approaches of locations to the issues of building territorial marketing and implementing marketing strategies. The author proposes measures, the implementation of which will make the socio-economic development of territories more sustainable and effective in a rapidly changing world.
The role of mentoring in the employee professional development and career growth Maksym Hryshchenko, Mykyta Artemchuk, Larysa Zavhorodnya, Yurii Tymoshenko, Safar Purhani Sapienza, 2025 Background: Mentoring is an important tool for realizing the personal potential of specialists in various fields, but its effectiveness directly depends on a number of organizational issues and a clear definition of approaches and goals. The aim of this research is to determine the criteria for choosing alternative approaches to mentoring depending on the expected positive effects. Methods: The study employed SWOT analysis, questionnaire survey, and semi-structured interviews. Results: The analysis found that each of the proposed approaches to mentoring is effective in the context of achieving different goals. Group mentoring and peer mentoring are effective for achieving specific goals — salary increases, career advancement, and increased number of professional contacts. So, the result of these mentoring approaches is the most “visible” and can be evaluated by certain quantitative and qualitative indicators, such as the amount of salary, transition to a new position, number of new acquaintances. Conclusions: Peer mentoring additionally has significant advantages for the development of soft skills through equal communication with like-minded people and the sharing of experiences. Further research may focus on the development of specific mentoring programmes. The results of the study can be useful for companies in choosing an approach to mentoring in view of the desired effects.
Comprehensive analysis of shadow economy countermeasures and taxation of hidden income in the agricultural sector of the Republic of Azerbaijan Nusret Babayev, Gulsum Mammadova, Safar Purhani, Tunzala Gurbanova, Sevinj Huseynova Scientific Horizons, 2025 The study aimed to identify the main causes of the shadow economy in the agricultural sector of Azerbaijan, in particular the factors contributing to informal employment, and to assess the effectiveness of measures aimed at reducing it. The study conducted a comprehensive analysis of countermeasures to the shadow economy and taxation of hidden incomes in the agricultural sector of the Republic of Azerbaijan. The methodology of the study was based on the analysis of statistical data, in particular, reports of the International Monetary Fund, the World Bank and the State Statistical Committee of Azerbaijan, as well as on a comparative analysis with the data of neighbouring countries: Georgia, Armenia, Turkey, Uzbekistan. Key findings indicated that around 40% of agricultural workers are employed in the informal sector, resulting in tax revenue losses of over 1 billion USD per year, which significantly undermines the financial stability of the state. The study also determined that the current tax policy does not encourage the formalisation of employment, and the lack of access to finance limits the opportunities for legal business development. The findings suggested the need for comprehensive reforms in the tax system, including simplification of taxation procedures, improved tax enforcement, and creation of incentives for shadow workers to move to the legal sector. The implementation of these measures can significantly improve the economic situation in agriculture, ensure fair conditions for all market participants and guarantee the social rights of workers, which will contribute to the stability and development of the agricultural sector
THE IMPACT OF LENDING ON THE INNOVATIVENESS OF LIGHT MANUFACTURERS Юлія Войцеховська, Олексій Мухін, Сафар Гасан Пурхані, Людмила Ткачук, Роман Мірошник Financial and Credit Activity Problems of Theory and Practice, 2024 Інноваційна діяльність підприємств виступає як фундамент для зміцнення їхньої позиції в галузі, забезпечуючи стійкий доступ до передових технологій. Аналіз взаємозв'язків між доступом до кредитування та інноваційною діяльністю дозволяє не лише оцінити ефективність інвестиційних рішень підприємств, а й визначити бар'єри, що заважають їхньому прогресові. Саме це обумовлює актуальність обраної теми дослідження. Метою цього дослідження є визначити вплив кредитування на інноваційність підприємств легкої промисловості, що є суттєвим для розуміння механізмів, які сприяють розвиткові галузі. Для встановлення причиново-наслідкових зв’язків використано тест Ґрейнджера. Для перевірки моделі проведено тест Дікі-Фулера. Оцінку впливу та аналіз здійснено за допомогою кореляційно-регресійного аналізу. Результати дослідження вказують на те, що відсутній причиново-наслідковий зв’язок між кредитуванням і зростанням кількості інноваційних підприємств легкої промисловості. Згідно з даними регресійного аналізу, інвестиції в інноваційні підприємства в Швеції демонструють значний позитивний ефект, адже збільшення фінансування на 1 мільйон доларів веде до 11% зростання кількості таких компаній. У США підвищення кредитування на ту саму суму стимулює лише 4% зростання інноваційних підприємств легкої промисловості. Великобританія зафіксувала подібний показник на рівні 2%, водночас у Сінгапурі він сягає 6%. Ці відмінності свідчать про варіативність ефективності інвестицій у різних країнах. Отримані результати можуть значно сприяти поглибленню досліджень застосування кредитування для впровадження інновацій на підприємствах легкої промисловості. Перспективним напрямом подальшого аналізу є вивчення впливу кредитних механізмів на інноваційний розвиток галузі легкової промисловості в країнах, що розвиваються. Це дослідження має потенціал для виявлення ключових факторів, які сприяють успішному впровадженню нововведень у цій царині.
The Impact of Digital Ecosystems on the Financial Management Efficiency in State Institutions Olena YATSUKH, Artem CHYHYRYNSKYI, Safar Hasan PURHANI, Olena BULHAKOVA, Mykola DURMAN Theoretical and Practical Research in the Economic Fields, 2024 Purpose: Digital ecosystems are a key driver of development at the current stage, in particular, in state institutions. Increasing efficiency of financial management through digitalization in the public sector is one of the key directions. The aim of the study is to determine the impact of digital ecosystems on the results of financial management in Ukrainian and Azerbaijani public institutions.Methodology: The research employed the methodological tools of regression and correlation analysis, as well as descriptive statistics to determine the impact of digitalization on the effectiveness of financial management of institutions. The application of the least squares method revealed a statistically significant positive effect of digital technology spending (β1 = 0.0528, p = 0.010) on management efficiency, while other variables showed insignificant or negative effects. The model explains 43.6% of the variation in the dependent variable, with R-squared = 0.436 and Adjusted R-squared = 0.285.Findings: Correlation analysis confirmed a strong positive relationship (r=0.58) between digitization costs and management efficiency. The article provides practical recommendations for optimizing the implementation of digital technologies in the management of public finances, including the development of electronic services and increasing the level of digital literacy.Originality: Further research in the chosen direction will be focused on the formation and implementation of a system of key indicators of the effectiveness of digital ecosystems from the perspective of the efficiency of financial management in public institutions of Ukraine and Azerbaijan.
The Role of Investment in the Production Equipment Modernization and Its Effect on Productivity Yuliya VOYTSEKHOVSKA, Lilia BUBLYK, Anna KUKHARUK, Safar Hasan PURHANI, Natalia BILOVA Theoretical and Practical Research in the Economic Fields, 2024 Purpose: The aim of the study is to determine the role of investment in the production equipment modernization and to assess the impact of this investment on the company’s productivity.Methodology: The research employed calculation of the Weighted Average Cost of Capital (WACC), as well as the Net Present Value (NPV), Profitability Index (PI) as the methods. The final stage was the application of the correlation coefficient. For the company Builders FirstSource Inc used as an example the calculated WACC was 8.74%, for Hardie Industries plc. this figure was 9.31, for Boral — 4.3%, and for Grafton plc — 5.6%. The Profitability Index was 1.30 (Builders FirstSource Inc,), 2.34 (Hardie Industries plc), 1.51 and 1.46 for Boral and Grafton plc. The Net Present Value (NPV) amounted to $10,863 million and $128,173 million for Builders FirstSource Inc and Hardie Industries plc., respectively.Findings: The study showed a close relationship between productivity and investment in equipment modernization, as the correlation coefficients are 0.991 (Builders FirstSource Inc,), 0.994 (Hardie Industries plc), 0.83 (Boral), and 0.97 (Grafton plc), indicating a close correlation. The obtained results can be successfully used by manufacturing companies to assess the feasibility of investment in modernization.Originality: A possible direction of further research is the introduction of gradation of investments in modernization, with clarification of the types of modernization and the type of equipment that will be modernized.
Peculiarities and prospects of ICT in agricultural business I Pokromovica, K Khavrova, A Goloborodko, O Chatchenko, E Sokolova, ... International Journal of Environmental Studies 80 (2), 299-306 , 2023 2023 Citations: 1
Features of capital investment in innovation: The case of industrial SMEs in the GUAM countries S Pürhani, A Huseynova, Y Hakimova, F Kashiyeva, E Guluzada Journal of Eastern European and Central Asian Research (JEECAR) 10 (2), 281-292 , 2023 2023 Citations: 3
Human capital as a driver of sustainable development in Azerbaijan S Pürhani, S Guliyeva, V Teymurova, N Guliyeva, S Gahramanova Journal of Eastern European and Central Asian Research (JEECAR) 9 (6), 927-937 , 2022 2022 Citations: 32
AZƏRBAYCAN RESPUBLİKASINDA GÖMRÜK NƏZARƏTİNİN TƏŞKİLİ VƏ ONUN HÜQUQİ ƏSASLARI SH Pürhani, EE Qanbayev İQTISADİ TƏHLÜKƏSİZLİK: MÖVCUD VƏZİYYƏT VƏ PERSPEKTİVLƏR, 113-117 , 2020 2020
AZƏRBAYCANDA QEYRİ-NEFT SEKTORUNUN İNKİŞAFI PROBLEMLƏRİ VƏ XARİCİ İNVESTİSİYALAR SH Pürhani İQTISADİ TƏHLÜKƏSİZLİK: MÖVCUD VƏZİYYƏT VƏ PERSPEKTİVLƏR, 86-89 , 2020 2020
Перспективы использования CRM-систем в предпринимательстве ОН Маркова, СГ Пурхани V МЕЖДУНАРОДНЫЙ БАЛТИЙСКИЙ МОРСКОЙ ФОРУМ, 995-1001 , 2017 2017 Citations: 3
MOST CITED SCHOLAR PUBLICATIONS
Human capital as a driver of sustainable development in Azerbaijan S Pürhani, S Guliyeva, V Teymurova, N Guliyeva, S Gahramanova Journal of Eastern European and Central Asian Research (JEECAR) 9 (6), 927-937 , 2022 2022 Citations: 32
Features of capital investment in innovation: The case of industrial SMEs in the GUAM countries S Pürhani, A Huseynova, Y Hakimova, F Kashiyeva, E Guluzada Journal of Eastern European and Central Asian Research (JEECAR) 10 (2), 281-292 , 2023 2023 Citations: 3
Перспективы использования CRM-систем в предпринимательстве ОН Маркова, СГ Пурхани V МЕЖДУНАРОДНЫЙ БАЛТИЙСКИЙ МОРСКОЙ ФОРУМ, 995-1001 , 2017 2017 Citations: 3
Peculiarities and prospects of ICT in agricultural business I Pokromovica, K Khavrova, A Goloborodko, O Chatchenko, E Sokolova, ... International Journal of Environmental Studies 80 (2), 299-306 , 2023 2023 Citations: 1
AZƏRBAYCAN RESPUBLİKASINDA GÖMRÜK NƏZARƏTİNİN TƏŞKİLİ VƏ ONUN HÜQUQİ ƏSASLARI SH Pürhani, EE Qanbayev İQTISADİ TƏHLÜKƏSİZLİK: MÖVCUD VƏZİYYƏT VƏ PERSPEKTİVLƏR, 113-117 , 2020 2020
AZƏRBAYCANDA QEYRİ-NEFT SEKTORUNUN İNKİŞAFI PROBLEMLƏRİ VƏ XARİCİ İNVESTİSİYALAR SH Pürhani İQTISADİ TƏHLÜKƏSİZLİK: MÖVCUD VƏZİYYƏT VƏ PERSPEKTİVLƏR, 86-89 , 2020 2020
