Farmers' Response to Revenue Changes, Rainfall and Revenue Risk of the Major Crops in Bangladesh

Shamsul Alam
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Shamsul Alam: Professor, Department of Co-operation and Marketing, Bangladesh Agricultural University, Mymensing

Bangladesh Development Studies, 1995, vol. 23, issue 3-4, 129-149

Abstract: Though several studies on farmers' response to price changes and price fluctuations over the years for the major crops in Bangladesh are available few have focused on farmers' response in terms of revenue changes and revenue fluctuations. After the Nerlovian pioneering work (1958) on supply responses, a substantial number of price response studies are available both for the developed and developing countries, but the farmers' response in terms of area changes/output supply to revenue changes/fluctuations has largely been ignored. Both product price changes (in real terms) and yield changes affect farmers' gross margin/ profit. If yield of a crop is stagnating or remain constant over time, then studies in terms of real price changes could be appropriate to analyse the farmers' response behaviour than to revenue response

Keywords: Revenue Rain High yielding varieties Instrumental variables estimation Crop economics Agricultural prices Rice; Labor costs; Instrumental variables (search for similar items in EconPapers)
JEL-codes: A12 (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:ris:badest:0347

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