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Home 40. August 2022 Analysis of risk propensity factors in the production of lemons in Lankaran region

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

30724 ­ ­ AZ ­ ­ 40. August 2022 ­ ­­ ­ Lankaran lemon producer risk risk propensity analysis of risk factors

 

UOT: 338.43, 332.1:633/635

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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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Rovshan. Guliyev

Azerbaijan State Economic University (UNEC)

  prof, dr  

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Khayala. Guliyeva

Ph.D. student of the Agricultural Research Center

   

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Irada. Huseynova

Vice-president of Azerbaijan National Academy of Sciences Director of the Institute of Molecular Biology and Biotechnology, ANAS

  academician  

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Ayaz. Museyibov

Center for Analysis of Economic Reforms and Communication

   

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Aytan. Shukurova

Azerbaijan Cooperation University, senior teacher, dissertator

   

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Farman. Karimov

Research Institute of Plant Protection and Technical Plants

   

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Fuad. Ibrahimov

Economic issues expert of the Center for Socio-Economic and Ecological Research Public Union

  Doctor of Philosophy in Economics  

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Ali. Zingirov

Azerbaijan State Agrarian University

  Исполняющий обязанности доцента, доктор философии по технике  

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Aygun. Salimova

Student of Azerbaijan State University of Economics (UNEC)

   

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Eldar. Guliyev

Agricultural Economics Research Center

  Ph.D., docent  

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Samir. Maharramov

Doctoral student of the Azerbaijan Tourism and Management University

   

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Konul. Mamedova

Ph.D. student of the Agricultural Economics Research Center

   

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Lala. Jabbarlı

Ph.D. student of the Agricultural Economics Research Center

   

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Abrehet. Mehari

Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics

   

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Rena. Musayeva

Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)

   

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Maharram. Huseynov

Azerbaijan State Agricultural University

  prof, dr