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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

20725 ­ ­ AZ ­ ­ 40. August 2022 ­ ­­ ­ Lankaran lemon producer risk risk propensity analysis of risk factors

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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Bagish. Ahmadov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Sarvan. Jafarov

Ph.D. student of the Agricultural Economics Research Center

   

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Shovkat. Yusufova

Azerbaijan Cooperation University

  Ph.D., docent  

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Vagif.

Center for Local Economic Reforms

  Ph.D., docent  

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Ulviyya. Rasulova

Azerbaijan State University of Economics (UNEC)

   

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Samir. Maharramov

Doctoral student of the Azerbaijan Tourism and Management University

   

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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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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Sabuhi. Eldarov

Research Institute of Plant Protection and Technical Plants

   

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Firidun. Taghiyev

Head of department of Ministry of Agriculture of Azerbaijan Republic

   

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Islam. Ibrahimov

Baku Business University

  prof, dr  

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Nargiz. Hasanova

Azerbaijan State Agrarian University

   

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Orkhan. Balayev

Education Center of Tax Ministry of Azerbaijan Republic

   

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Farman. Guliyev

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics