IDEAS home Printed from https://ideas.repec.org/a/ags/ijarit/305344.html
   My bibliography  Save this article

The Contribution Of Turmeric Research And Development In The Economy Of Bangladesh: An Ex-Post Analysis

Author

Listed:
  • Hasan, M.K.
  • Mahmud, M.A.A.

Abstract

The study estimated the benefit and rates of returns to investment on turmeric research and development in Bangladesh. The Economic Surplus Model with ex-post analysis was used to determine the returns to investment and their distribution between the production and consumption. Several discounting techniques were also used to assess the efficiency of turmeric research. The adoption rate was found increasing trend over the period. The yield of BARI developed modern varieties of turmeric was 41 to 73% higher than those of the local variety. Society got net benefit Tk. 9333.88 million from the investment of turmeric research and extension. The net present value (NPV) and present value of research cost (PVRC) were estimated at Tk. 1200.84 and 157.88, respectively. The internal rate of return (IRR) and benefit cost ratio (BCR) were estimated to be 68% and 10.45, respectively indicated investment on turmeric research and development was a good and profitable investment. Seed production programme of turmeric should be taken largely to increase production by increasing area adoption.

Suggested Citation

  • Hasan, M.K. & Mahmud, M.A.A., 2014. "The Contribution Of Turmeric Research And Development In The Economy Of Bangladesh: An Ex-Post Analysis," International Journal of Agricultural Research, Innovation and Technology (IJARIT), IJARIT Research Foundation, vol. 4(1), June.
    • Handle: RePEc:ags:ijarit:305344
    DOI: 10.22004/ag.econ.305344
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/305344/files/20968-Article%20Text-75110-1-10-20141126.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.305344?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Masakatsu Akino & Yujiro Hayami, 1975. "Efficiency and Equity in Public Research: Rice Breeding in Japan's Economic Development: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(4), pages 734-735.
    2. Harry W. Ayer & G. Edward Schuh, 1972. "Social Rates of Return and Other Aspects of Agricultural Research: The Case of Cotton Research in São Paulo, Brazil," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(4_Part_1), pages 557-569.
    3. Joseph G. Nagy & W. Hartley Furtan, 1978. "Economic Costs And Returns From Crop Development Research: The Case Of Rapeseed Breeding In Canada," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 26(1), pages 1-14, February.
    4. Masakatsu Akino & Yujiro Hayami, 1975. "Efficiency and Equity in Public Research: Rice Breeding in Japan's Economic Development," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(1), pages 1-10.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nagy, Joseph G., 1983. "Estimating the Yield Advantage of High Yielding Wheat Varieties: The Use of On-Farm Yield Constraints Data," Bulletins 8428, University of Minnesota, Economic Development Center.
    2. Michael Harris & Alan Lloyd, 1991. "The Returns to Agricultural Research and the Underinvestment Hypothesis ‐ A Survey," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 24(3), pages 16-27, July.
    3. Vere, David T. & Sinden, Jack A. & Campbell, M.H., 1980. "Social Benefits of Serrated Tussock Control in New South Wales," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 56(03), pages 1-16, December.
    4. Edwards, Geoff W. & Freebairn, John W., 1982. "The Social Benefits from an Increase in Productivity in a Part of an Industry," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 50(02), pages 1-18, August.
    5. Zhi Xu, 1994. "Assessing Distributional Impacts of Forest Policies and Projects," Evaluation Review, , vol. 18(3), pages 281-311, June.
    6. McVey, Marty Jay, 1996. "Valuing quality differentiated grains from a total logistics perspective," ISU General Staff Papers 1996010108000012326, Iowa State University, Department of Economics.
    7. Scobie, Grant M., 1976. "Who Benefits From Agricultural Research?," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 44(04), pages 1-6, December.
    8. Rajeswari S., 1995. "Agricultural research effort: Conceptual clarity and measurement," World Development, Elsevier, vol. 23(4), pages 617-635, April.
    9. Norton, George W. & Davis, Jeffrey S., 1979. "Review Of Methods Used To Evaluate Returns To Agricultural Research," Staff Papers 13520, University of Minnesota, Department of Applied Economics.
    10. Renkow, Mitch, 2000. "Poverty, productivity and production environment:: a review of the evidence," Food Policy, Elsevier, vol. 25(4), pages 463-478, August.
    11. Williams, Gary W. & Shumway, C. Richard & Love, H. Alan, 2002. "Returns to Soybean Producers from Investments in Promotion and Research," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 31(1), pages 1-15, April.
    12. Miah, M A Monayem & Shiblee, S M A & Rashid, M A, 2015. "Economic Impacts of Oilseed Research and Development in Bangladesh," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 38(01), pages 1-31, March.
    13. Barkley, Andrew P. & Nalley, Lawton Lanier & Crespi, John M., 2008. "The Impact of the CIMMYT Wheat Breeding Program on Mexican Wheat Producers and Consumers: An Economic Welfare Analysis," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6931, Southern Agricultural Economics Association.
    14. Smith, Anna Rickett & Dorfman, Jeffrey H., 2002. "An Economic Evaluation Of Cotton And Peanut Research In Southeastern United States," 2002 Annual meeting, July 28-31, Long Beach, CA 19900, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    15. Fisher, Monica G. & Masters, William A. & Sidibe, Mamadou, 2000. "Technical change in Senegal's irrigated rice sector: impact assessment under uncertainty," Agricultural Economics, Blackwell, vol. 24(2), pages 179-197, January.
    16. Frisvold, George B. & Sullivan, John & Raneses, Anton, 2003. "Genetic improvements in major US crops: the size and distribution of benefits," Agricultural Economics, Blackwell, vol. 28(2), pages 109-119, March.
    17. Widmer, Lorne & Fox, Glenn & Brinkman, George, 1987. "The Rate of Return to Beef Cattle Research in Canda," Working Papers 244821, University of Guelph, Department of Food, Agricultural and Resource Economics.
    18. Zachariah, Oswald E. R. & Fox, Glenn & Brinkman, George L., 1988. "The Returns to Broiler Research in Canada: 1968 to 1984," Department of Agricultural Economics and Business 258611, University of Guelph.
    19. Barkley, Andrew P., 1997. "Kansas Wheat Breeding: An Economic Analysis," 1997 Annual Meeting, July 13-16, 1997, Reno\ Sparks, Nevada 35929, Western Agricultural Economics Association.
    20. Ephraim M. Nkonya & Joe L. Parcell, 1999. "Redistribution of social benefits from advances in extension and research in the Tanzanian maize industry," Agricultural Economics, International Association of Agricultural Economists, vol. 21(3), pages 231-239, December.

    More about this item

    Keywords

    Crop Production/Industries;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ijarit:305344. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://ijarit.webs.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.