Competitiveness, profitability, input demand and output supply of maize production in Bangladesh

Rahman, S. ORCID: https://orcid.org/0000-0002-0391-6191, Kazal, M. M. H., Begum, I. A. and Alam, M. J. (2016) Competitiveness, profitability, input demand and output supply of maize production in Bangladesh. Agriculture, 6 (2). 21. ISSN 2077-0472 doi: 10.3390/agriculture6020021

Abstract/Summary

The study assesses international competitiveness, profitability, output supply and input demand of maize production using a farm survey data of 165 farmers from two major maize growing areas (i.e., Dinajpur and Lalmonirhat districts) of northwestern Bangladesh. Results revealed that maize production is globally competitive and, therefore, can successfully substitute its import. Maize production is also profitable at the farm level (Benefit Cost Ratio = 1.21) with no adverse influence of farm size on yield and profitability. Maize farmers are also responsive to changes in market prices of inputs and outputs. A 1% increase in maize price will increase output supply by 0.4%. The most dominant driver of maize supply and other input demands is land. A 1% increase in available land will increase maize supply by a substantial 3.9%. In addition, landless laborers will benefit through an increase in hired labor demand when land area increases. Policy implications include investments in R&D, tenurial reform to consolidate land holding and smooth functioning of the hired labor market in order to increase maize production and profitability in Bangladesh.

Item Type	Article
URI	https://reading-clone.eprints-hosting.org/id/eprint/105879
Identification Number/DOI	10.3390/agriculture6020021
Refereed	Yes
Divisions	No Reading authors. Back catalogue items Life Sciences > School of Agriculture, Policy and Development > Department of Agri-Food Economics & Marketing
Publisher	MDPI Publishing
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