Açar sözlər: regionlar, klasterləşdirmə, sosial-iqtisadi inkişaf, korrelyasiya- reqressiya təhlili, dayanıqlı inkişaf. Jel Codes : C8, C51. CLUSTERIZATION OF ECONOMIC REGIONS OF AZERBAIJAN AND EVALUATION OF MUTUAL RELATIONSHIPS OF SOCIO-ECONOMIC DEVELOPMENT INDICATORS F. J. Mammadov 1 , G. F. Rahimli 2 , T. Suleymanlı 3 , 1 Ph.D., Researcher, Control Systems, ANAS 2 Researcher, SRIES, UNEC 3 Ph.D student, Odlar Yurdu University Abstract The main purpose of the study is to assess the socio-economic development of the
economic regions of Azerbaijan. The research was carried out based on research
methods such as comparative analysis and econometric modeling. As a result of the
study, the clusterization of the economic regions of Azerbaijan on the main deve-
lopment indicator was carried out, as well as mutual relationships of the indicators
characterizing the socio-economic development of individual economic regions were
estimated based on correlation-regression analysis. Limitations of the study: to require
more extensive practical information. The practical significance of the research study
UNEC Elmi Xəbərləri, İl 9, Cild 9, yanvar-mart, 2021, səh. 40 - 56 Scientific Reviews in UNEC, Year 9, Volume 9, January-March, 2021, pp. 40 - 56
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is that the results obtained can be used to analyze the development of individual
regions, as well as in the implementation of regional policy.