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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Rena. Musayeva
Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)
Javid. Hasanov
Senior specialist, Agricultural Research Center Ph.D. student of the Agricultural Research Center
Kamala. Sadygova
Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology
researcher
Nijat. Muradov
Ph.D. student of the Institute of Economics, Ministry of Science and Education of the Republic of Azerbaijan
Nneka. Osadolor
Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria