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Assessment of economic effects of food safety requirements violation

Ceyran Babirova Shamseddin

jeyran.babirova@gmail.com

16370 ­ ­ AZ ­ ­ 40. August 2022 ­ ­­ ­ food safety violation of food safety requirements economic loss exponential smoothing impact assessment

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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Lotanna. Emediegwu

Department of Economics, The University of Manchester, UK | Department of Agricultural Economics, University of Ilorin, Nigeria | Department of Economics, Policy and International Business, Manchester Metropolitan University, UK

   

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Alamdar. Asgarov

Vegetable Research Institute

   

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Nizami. Gafarov

Doctor of Science Program of Agro Researches Center

  Ph.D., docent  

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Alizamin. Guliyev

Azerbaijan Technical University, Ph.D.

   

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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Faig. Huseynov

Azerbaijan State University of Economics (UNEC)

   

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Naila. Aliyeva

Associate professor of the Azerbaijan State Economic University (UNEC) Doctoral student of the Agro Researches Center

  Doctor of Philosophy in Economics  

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Gulsum. Badirzade

Ph.D. student of the Azerbaijan Cooperation University

   

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Rashad. Huseynov

Center for Analysis of Economic Reforms and Communication

  Doctor of Philosophy in Economics  

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Rashad. Ahmadov

Education Center of Tax Ministry of Azerbaijan Republic

   

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Saadat. Guliyeva

Azerbaijan Academy of Labor and Social Relations

  Doctor of Philosophy in Economics  

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics

   

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Tamraz. Temrazov

Vegetable Research Institute

   

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Galib. Hajiyev

Department of “Economy of enterprise” of Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Abrehet. Mehari

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