Dynamics of Multidimensional Food Security in Azerbaijan

Ragif Huseynov ()

Academic Journal of Economic Studies, 2020, vol. 6, issue 1, 44-50

Abstract: This study explores the size of the dynamics of multidimensional factors on food security status, which gives deep understanding to decision and policymakers. The multidimensional food security index was constructed by using diverse indicators based on food security pillars (availability, access, utilization, stability). PCA analysis was used to construct multi-dimensional food security approach by using the 16 diverse indicators. Ranking of Azerbaijan’s based on multidimensional food security in 2017-18 obtained in the present study does not correspond with ranking given by the Global Food Security Index (GFSI) due to the more diverse and broad spectrum indicators used in this study. However, it provides deeper insight into food utilization and stability dimensions. In Azerbaijan fluctuations in the food security situation was the outcome of various factors, such as food price shocks, low agricultural production, and deprecation of domestic currency, climate change and rise in oil prices. This study suggests that there is urgent need to develop a concrete and comprehensive broad-spectrum food security policy. Based on our findings, further studies should be focused on advocating for a well-targeted policy that could overcome the gap in food security caused by multidimensional factors.

Keywords: Food availability; food access; food utilization; food stability; Azerbaijan (search for similar items in EconPapers)
JEL-codes: F5 Q01 Q18 Q19 Q5 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:khe:scajes:v:6:y:2020:i:1:p:44-50

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