Work place: Institute of Information Technology of the Ministry of Science and Education of Republic of Azerbaijan, Baku, AZ1141, Azerbaijan
E-mail: imarziya@gmail.com
Website: https://orcid.org/0000-0002-3080-0952
Research Interests: Big Data, Machine Learning
Biography
By Makrufa Sh. Hajirahimova Aybeniz S. Aliyeva Marziya I. Ismayilova
DOI: https://doi.org/10.5815/ijeme.2025.04.04, Pub. Date: 8 Aug. 2025
Forecasts of births and deaths play an important role in determining the dynamics of both population size and gender-age structure. Since population forecasts are the basis of long-term planning of socio-economic development, the statistical accuracy of forecasts is particularly important, and the applied methods play a special role here. The purpose of this study is to evaluate Autoregressive Integrated Moving Average (ARIMA) model ability to forecast the yearly number of births and deaths in Azerbaijan. In the analysis, the Box-Jenkins methodology was followed when building the suggested model. Besides, Akaike’s information criterion (AIC) and Bayesian Information Criteria (BIC) are used to select the best ARIMA model, compared to another estimated models. The prediction results of the models are evaluated using the mean absolute percentage error (MAPE) and the root mean square error (RMSE) . Comparing the predicted data from the ARIMA models shows that the correct selection of model parameters, it possible to fairly accurately predict the yearly number of births and deaths. Thus, using the advantages of the ARIMA model, it is possible to obtain forecasts of birth and death rates for the near future and it possible to observe changes that will occur in the age structure of the population. And these interpretations can guide policymakers to focus on socio-economic development and comprehensive healthcare system strengthening as crucial strategies for raising the fertility level and further reducing mortality rate.
[...] Read more.By Makrufa Sh. Hajirahimova Marziya I. Ismayilova
DOI: https://doi.org/10.5815/ijeme.2024.01.02, Pub. Date: 8 Feb. 2024
In the modern era, when globalization is widespread, the intellectual potential of the population has become one of the factors of socio-economic and innovative progress. The integration of Azerbaijan into the civilized world and the provision of socio-economic development in the country depend more on the development of science and education, the level of development of new scientific knowledge, techniques and technologies, etc. Today, the importance of the formation and capitalization of intellectual potential is assessed as a factor influencing competitiveness at various levels of the economy. At the modern stage of the development of the information-knowledge economy society, the assessment of intellectual potential plays an important role in increasing the efficiency of the national economy. In the article, the existing methodical approaches to the evaluation of the intellectual potential of higher education and scientific-research institutions are comparatively analyzed and summarized. Indicators that allow the assessment of intellectual potential in the field of education and science are presented in the form of a table. Based on these indicators, the assessment of intellectual potential was carried out for the first time with one of the approaches considered, and the results were presented. This will support making optimal decisions for the development of intellectual potential.
[...] Read more.Subscribe to receive issue release notifications and newsletters from MECS Press journals