@article{Islam:199330,
      recid = {199330},
      author = {Islam, M. Serajul and Rahman, K. M. Mostafizur and Hasan,  Md. Kamrul},
      title = {PROFITABILITY AND RESOURCE USE EFFICIENCY OF PRODUCING  MAJOR SPICES IN BANGLADESH},
      journal = {Bangladesh Journal of Agricultural Economics},
      address = {2011-12-31},
      number = {454-2016-36676},
      series = {XXXIV},
      pages = {13},
      month = {Dec},
      year = {2011},
      abstract = {The present study attempts to determine the productivity,  profitability and resource use efficiency of four promising  spices crops such as garlic, chilli, ginger and turmeric.  The data were collected from 480 farm households in the  crop year 2010-2011. Productions of all the crops were  profitable as estimated by net returns and benefit cost  ratios. Functional analyses showed that farm size, seed,  inorganic and organic fertilisers, cost of power tiller and  draft power, irrigation, education, farming experience and  training had positive impact on the production of spices.  Increasing returns to scale prevailed in the production  process for garlic, chilli, ginger whereas constant returns  to scale prevailed for the production of turmeric. All the  models used fitted well to analyse the selected data for  all crops. Small farmers were more efficient for garlic  production only whereas the large farmers were more  efficient for other spices crops. More educated and more  experienced farmers were technically more efficient than  less educated and less experienced farmers. Training  reduced significantly the inefficiency of farmers in  producing respective crops. The average estimated technical  efficiencies for garlic, chilli, ginger and turmeric were  respectively 88, 80, 69 and 79% which indicated that garlic  production could be increased by 12%, chilli by 20%, ginger  by 31% and turmeric by 21% with the same level of inputs  without incurring any additional cost. As a policy option,  training should be extended to all farmers to have a  reduced inefficiency effect, which in turn would increase  the profitability of spices crop production by saving  resources. However, training should be provided frequently  to improve the efficiency of farmer for spices production.},
      url = {http://ageconsearch.umn.edu/record/199330},
      doi = {https://doi.org/10.22004/ag.econ.199330},
}