Assessment of economic effects of food safety requirements violation
Ceyran Babirova Shamseddin |
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| Ph.D. student Azerbaijan State University of Economics (UNEC) | |
| jeyran.babirova@gmail.com |
UOT: 338.43, 339.543
The article is devoted to the calculation of economic losses caused by violations of food safety requirements. For this purpose, the nature of the violation of food safety requirements, the types and methods of determining the scale and extent of economic losses in this regard were considered. In addition, it has been shown that it is advisable to use the Triple Exponential Smoothing method when calculating economic losses.
At the same time, the article considers the statistics of hazelnut exports from the Republic of Azerbaijan in 2014-2021. For these years, the economic losses caused by cases of repatriation from the countries of the European Union in connection with the detection of aflatoxin in hazelnuts were calculated.
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Okiemua. Okoror
Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK
Naila. Aliyeva
Associate professor of the Azerbaijan State Economic University (UNEC) Doctoral student of the Agro Researches Center
Doctor of Philosophy in Economics
Nijat. Muradov
Ph.D. student of the Institute of Economics, Ministry of Science and Education of the Republic of Azerbaijan
Jubril. Animashaun
Department of Economics, The University of Manchester, UK / Department of Agricultural Economics, University of Ilorin, Nigeria
