@article{Kamal:202973,
      recid = {202973},
      author = {Kamal, Gazi Hasan},
      title = {SUPPLY RESPONSE OF BORO RICE IN BANGLADESH: COINTEGRATON  AND ERROR CORRECTION MODELLING APPROACH},
      journal = {Bangladesh Journal of Agricultural Economics},
      address = {2007-12-31},
      number = {454-2016-36429},
      series = {XXX},
      pages = {16},
      month = {Dec},
      year = {2007},
      abstract = {The aim of this study is to increase our understanding of  the specification and estimation of Boro rice (principal  rice) supply response in Bangladesh as well as to provide  instrument for agriculture planting decision and price  policy by using econometric tools-cointegration and error  correction model with careful attention to time series data  to avoid spurious regression of traditional econometric  analysis Econometric model has been specified on the basis  of theoretical arguments. This study also provides a  theoretical argument that leads to formulate an empirical  model from various aspects with price and non-price  variables. The study is designed to identify statistically  the acreage responses of Boro rice in Bangladesh. Time  series data have been used in the analysis for the period  1972-73 to 2003-04. Econometric and statistical techniques  are applied to estimate the supply responses of Boro rice  at the national level. Long-run own price acreage  elasticities for Boro is 0.95 (near to unitary elastic)  respectively. Short-run own price acreage elasticities for  Boro rice shows inelastic rang 0.21. Limitations and  inadequate irrigation facilities at private level,  distribution and availability of fertilizer in time are  always problems in Bangladesh. Moreover, a main input like  capital is insufficient in the short-run. These constraints  helped to dampen the price elasticity of Boro rice supply  in the short-run.The result suggests that farmers in  Bangladesh are responsive to price incentives for Boro  rice. If government promotes expanding expenditure at  public and private level to build irrigation infrastructure  and certified seeds it would give positive results on Boro  supply in the country. Finally, if Bangladesh government  follows a price stabilization policy it will reduce price  risk and produce positive impact on Boro rice as well as  overall crop supply situation in agriculture sector.},
      url = {http://ageconsearch.umn.edu/record/202973},
      doi = {https://doi.org/10.22004/ag.econ.202973},
}