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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

25395 ­ ­ 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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Yusif. Akhundov

Ph.D. student of the Agricultural Research Center

   

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Ramil. Aliyev

Ph.D. student of the Agricultural Research Center

   

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Yusif. Abayev

Ph.D. student of the İnstitute of Economics of ANAS

   

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Saadat. Guliyeva

Azerbaijan Academy of Labor and Social Relations

  Doctor of Philosophy in Economics  

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Javid. Hasanov

Senior specialist, Agricultural Research Center Ph.D. student of the Agricultural Research Center

   

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Yunus. Sadigov

Azerbaijan National Academy of Sciences, Institute of Economics, Lead Researcher

  Ph.D., docent  

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Фамиль. Рустамов

Institute of Economics of the Ministry of Science and Education, "Economic problems of the agricultural sector" department

  Ph.D., docent  

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Islam. Ibrahimov

Baku Business University

  prof, dr  

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Alizamin. Guliyev

Ph.D. candidate of the Azerbaijan Technical University

   

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Alamdar. Asgarov

Vegetable Research Institute

   

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Parviz. Aliyev

Chief of department, Agricultural Research Center
Ph.D. student of the Agricultural Research Center

   

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Saadat. Hajiyeva

Agricultural Economics Research Center, Deputy director

   

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Yegane. Abbasova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Ramina. Mustafayeva

Azerbaijan State Agrarian University

  Ph.D., docent  

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Huseynaga. Asadov

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

  Ph.D., ass, pr