Reducing the price gap in agricultural product markets: international solutions and best practices
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Aykhan Gadashov Arif |
| Head of the portal azexport.az Ph.D. student of the Agricultural Research Center | |
| aykhan.gadashov@ereforms.gov.az |
UDC: 338.43, 631.15, 631.17
The agricultural sector faces numerous challenges, including limited market access and the involvement of intermediaries leading to a significant price gap. To address these issues, several solutions have been implemented, such as e-commerce platforms, direct marketing channels, and policy interventions. E-commerce has the potential to revolutionize the agricultural sector by providing a direct connection between farmers and consumers, leading to increased profits for farmers and lower prices for consumers. This article provides information about the solutions applied in the world to eliminate the price difference between the farmer and the consumer by using modern technological innovations and examines the application directions.
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Nneka. Osadolor
Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria
Anar. Azimov
The Agrarian Services Agency at the Ministry of Agriculture of the Republic of Azerbaijan
Фамиль. Рустамов
Institute of Economics of the Ministry of Science and Education, "Economic problems of the agricultural sector" department
Ph.D., docent
Vugar. Mehdiyev
h.D., Associate Professor, V.M. Mehdiyev Azerbaijan University of Cooperation
Ph.D., docent
Firdovsi. Fikratzade
Doctoral student at the Institute for Scientific Research on Economic Reforms
Doctor of Philosophy in Economics