Price Behaviour of Major Crops in Bangladesh: An Empirical Analysis : Price Flexibility and Price Trend Analysis of Major Crops in Bangladesh

ISBN-13: 9783659320682 / Angielski / Miękka / 2013 / 164 str.

Shakila Salam; Shamsul Alam; Md. Moniruzzaman

Opis

Sharp changes in agricultural prices negatively affected the entire economy as the price mechanism is not properly materialized in a highly unstable price situation. So, price behaviour analysis is significantly important to the whole economy. This work has attempted to analyze the price flexibilities, fluctuations, monthly price trends and spatial price relationship of selected crops viz., Boro, wheat, lentil and potato in Bangladesh. Correlation coefficient and Engle- Granger co-integration test were used as a tool for studying integration between selected market pairs. In estimating price fluctuation of selected crops with its own supply, price flexibility coefficients have turned out significant except lentil. Cross-price flexibility of Aman and wheat with Boro found inverse flexibility relationships, meaning these crops are substitute. Real price fluctuation was the highest for potato followed by lentil, wheat and Boro. Three year price trends depict the local price trend, which may help farmers in taking appropriate decisions and ultimately in getting higher price benefits from the market. Moreover, the respective markets of the selected crops were found well integrated.

O autorze

Shakila Salam has the background of Agricultural Economics. She obtained Bachelor and Master degrees from Bangladesh Agricultural University, Mymensingh, Bangladesh. She joined as a Lecturer in the Institute of Agribusiness and Development Studies of the same university in 2012. She has published articles in country and also in foreign journals.