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Analysis of risk propensity factors in the production of lemons in Lankaran region

Turan Ahmadli Nadir

muharrembeyturan@gmail.com

Gamar Ibrahimova Afgan

muharrembeyturan@gmail.com

Shamil Rajabov Ilham

muharrembeyturan@gmail.com

31067 ­ ­ AZ ­ ­ 40. August 2022 ­ ­­ ­ Lankaran lemon producer risk risk propensity analysis of risk factors

 

UOT: 338.43, 332.1:633/635

The agricultural sector is a strategic sector for the nutrition and employment of citizens all over the world and for the development of countries. It is considered a sensitive and strategic sector all over the world due to its natural production conditions. There are many risk factors in the agricultural sector that play an important economic and social role. This article examines the factors influencing the behavior of farmers growing lemons in the Lankaran region of Azerbaijan. To this end, a survey was conducted among 270 lemon producers in the study area. It was determined that 45.7% of producers are risk averse, 28.5% are risk neutral and 25.8% are risk averse. When analyzing the obtained data, an The Sequential Probit Model was used. The factors influencing the behavior of producers in the face of risks arising from the production of lemon are determined. The results of the study can help manufacturers make the right decisions at the right time.

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AUTHORS

 

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Hijran. Mirzayeva

Head of the Department of the Azerbaijan Academy of Labor and Social Relations

  Doctor of Philosophy in Economics  

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Elbrus. Akbarov

Azerbaijan State University of Economics (UNEC), senior lecturer

   

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Alizamin. Guliyev

Azerbaijan Technical University, Ph.D.

   

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Idris. Hojatov

Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology

  junior researcher  

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Aytekin. Huseynli

Ph.D. student of the Baku State University

   

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Tarlan. Gorchiyeva

PhD student of the Agricultural Economics Research Center

   

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Abdulrahim. Dadashov

Ph.D. candidate of UNEC, Agricultural Economics Research Center

   

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Aygun. Salimova

Student of Azerbaijan State University of Economics (UNEC)

   

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Vusala. Nagiyeva

Azerbaijan Cooperation University

  Ph.D., docent  

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Maarif. Yusiphov

Vegetable Research Institute

   

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Shovkat. Yusufova

Azerbaijan Cooperation University

  Ph.D., docent  

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Mushfiq. Tukanov

Ph.D. student of the Agricultural Research Center

   

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Esmira. Latifova

Director Adviser, Agricultural Economics Research Center

   

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Izzat. Talibov

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)