Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 23 ISSUE 3
Written by Maharram HUSEYNOV, Elchin SALAHOV, Niyaz MAMMADOV, Jafar JAFAROV, Vusal ALIFOV, Khanim HASANOVA

Agricultural producers' financial resources should be available to undertake agricultural innovation-derived investments. Although Azerbaijan is now undergoing a lot of reforms in this area, the situation is still far from satisfactory. The article emphasizes the importance of state support in particular for ensuring the sustainability of the activities of agricultural producers. Nowadays, more than 90 percent of agricultural products are owned by private owners, family-peasant farms and households. Nonetheless, those economic subjects' access to financial sources is not at a satisfactory level. The article also discussed the effect of subsidies in agricultural producers' revenue and established the unique weight of subsidies in income for a number of major goods. The state's policies in this direction in Azerbaijan, as well as its positive outcomes, were also highlighted. The data collected by the systematic approach were analyzed utilizing horizontal, vertical, and trend analysis methods from financial analysis techniques. To ensure the data's legibility, comparison charts have been created. Based on the economic growth in this industry during the previous two years, it was determined that the manufacturing of crops is a priority.

[Read full article] [Citation]