The aromatic rice has cultural and economic significance in Bangladesh. This study assessed the relative economic viability (profitability and risk) of aromatic and non-aromatic wet season (WS) rice varieties. The farm-level data for this study was collected through face to face interview from Dinajpur. An enterprise, partial and stochastic budget was developed in the study. Nearly half of the total T. Aman area in the case study villages was devoted to aromatic rice, in particular modern aromatic cultivar BRRI dhan34, mainly due to it gave notable extra benefits over local aromatic (BDT. 13,519/ha) and non-aromatic (BDT. 20,197/ha) cultivars. There was no significant difference in yield between BRRI dhan34 and local aromatic variety, namely Kataribhog. However, BRRI dhan34 was found to be the more economically viable (gave higher returns and posed less risks) option due to its higher and stable market price. The higher price, guaranteed market demand, lower fertilizer requirements, shorter growth duration and suitability of late transplanting of BRRI dhan34 are the major drivers behind its widespread popularity in the region. It was clear from this research that farmers in the case study villages are highly motivated to increase adoption of the aromatic cultivar due to its price advantage and ensured market. Therefore, the development and dissemination of the higher yield potential biotic stress tolerant aromatic variety should get priority in policy planning for higher income generation and export earnings for the country.
| Published in | American Journal of Environmental and Resource Economics (Volume 5, Issue 3) |
| DOI | 10.11648/j.ajere.20200503.14 |
| Page(s) | 71-79 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2020. Published by Science Publishing Group |
Aromatic Cultivars, Partial Budget, Economic Sustainability, Profitability, Risks
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APA Style
Mohammad Jahangir Kabir, Md Abdus Salam, Alvira Farheen Ria, Aabu Bakr Siddique. (2020). Economic Viability of Wet Season Aromatic and Non-aromatic Rice Cultivation in Dinajpur District of Bangladesh. American Journal of Environmental and Resource Economics, 5(3), 71-79. https://doi.org/10.11648/j.ajere.20200503.14
ACS Style
Mohammad Jahangir Kabir; Md Abdus Salam; Alvira Farheen Ria; Aabu Bakr Siddique. Economic Viability of Wet Season Aromatic and Non-aromatic Rice Cultivation in Dinajpur District of Bangladesh. Am. J. Environ. Resour. Econ. 2020, 5(3), 71-79. doi: 10.11648/j.ajere.20200503.14
AMA Style
Mohammad Jahangir Kabir, Md Abdus Salam, Alvira Farheen Ria, Aabu Bakr Siddique. Economic Viability of Wet Season Aromatic and Non-aromatic Rice Cultivation in Dinajpur District of Bangladesh. Am J Environ Resour Econ. 2020;5(3):71-79. doi: 10.11648/j.ajere.20200503.14
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Download@article{10.11648/j.ajere.20200503.14,
author = {Mohammad Jahangir Kabir and Md Abdus Salam and Alvira Farheen Ria and Aabu Bakr Siddique},
title = {Economic Viability of Wet Season Aromatic and Non-aromatic Rice Cultivation in Dinajpur District of Bangladesh},
journal = {American Journal of Environmental and Resource Economics},
volume = {5},
number = {3},
pages = {71-79},
doi = {10.11648/j.ajere.20200503.14},
url = {https://doi.org/10.11648/j.ajere.20200503.14},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajere.20200503.14},
abstract = {The aromatic rice has cultural and economic significance in Bangladesh. This study assessed the relative economic viability (profitability and risk) of aromatic and non-aromatic wet season (WS) rice varieties. The farm-level data for this study was collected through face to face interview from Dinajpur. An enterprise, partial and stochastic budget was developed in the study. Nearly half of the total T. Aman area in the case study villages was devoted to aromatic rice, in particular modern aromatic cultivar BRRI dhan34, mainly due to it gave notable extra benefits over local aromatic (BDT. 13,519/ha) and non-aromatic (BDT. 20,197/ha) cultivars. There was no significant difference in yield between BRRI dhan34 and local aromatic variety, namely Kataribhog. However, BRRI dhan34 was found to be the more economically viable (gave higher returns and posed less risks) option due to its higher and stable market price. The higher price, guaranteed market demand, lower fertilizer requirements, shorter growth duration and suitability of late transplanting of BRRI dhan34 are the major drivers behind its widespread popularity in the region. It was clear from this research that farmers in the case study villages are highly motivated to increase adoption of the aromatic cultivar due to its price advantage and ensured market. Therefore, the development and dissemination of the higher yield potential biotic stress tolerant aromatic variety should get priority in policy planning for higher income generation and export earnings for the country.},
year = {2020}
}
TY - JOUR T1 - Economic Viability of Wet Season Aromatic and Non-aromatic Rice Cultivation in Dinajpur District of Bangladesh AU - Mohammad Jahangir Kabir AU - Md Abdus Salam AU - Alvira Farheen Ria AU - Aabu Bakr Siddique Y1 - 2020/09/16 PY - 2020 N1 - https://doi.org/10.11648/j.ajere.20200503.14 DO - 10.11648/j.ajere.20200503.14 T2 - American Journal of Environmental and Resource Economics JF - American Journal of Environmental and Resource Economics JO - American Journal of Environmental and Resource Economics SP - 71 EP - 79 PB - Science Publishing Group SN - 2578-787X UR - https://doi.org/10.11648/j.ajere.20200503.14 AB - The aromatic rice has cultural and economic significance in Bangladesh. This study assessed the relative economic viability (profitability and risk) of aromatic and non-aromatic wet season (WS) rice varieties. The farm-level data for this study was collected through face to face interview from Dinajpur. An enterprise, partial and stochastic budget was developed in the study. Nearly half of the total T. Aman area in the case study villages was devoted to aromatic rice, in particular modern aromatic cultivar BRRI dhan34, mainly due to it gave notable extra benefits over local aromatic (BDT. 13,519/ha) and non-aromatic (BDT. 20,197/ha) cultivars. There was no significant difference in yield between BRRI dhan34 and local aromatic variety, namely Kataribhog. However, BRRI dhan34 was found to be the more economically viable (gave higher returns and posed less risks) option due to its higher and stable market price. The higher price, guaranteed market demand, lower fertilizer requirements, shorter growth duration and suitability of late transplanting of BRRI dhan34 are the major drivers behind its widespread popularity in the region. It was clear from this research that farmers in the case study villages are highly motivated to increase adoption of the aromatic cultivar due to its price advantage and ensured market. Therefore, the development and dissemination of the higher yield potential biotic stress tolerant aromatic variety should get priority in policy planning for higher income generation and export earnings for the country. VL - 5 IS - 3 ER -
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