Abstract:
The present study was conducted to estimate financial profitability & resource use
efficiency of Jute production in Madaripur district of Bangladesh. Two villages of
Madaripur district under Madaripur sadar upazila were purposively selected for the
present study. A total of 80 samples were collected for this study. The study is mainly
based on primary data which were collected by the researcher herself through direct
interviewing the sample farmers. Cobb-Douglas production function was used to
satisfy the objectives. For calculating resource use efficiency, seven factors like cost
on human labor, cost of seed, cost of urea, cost of TSP, cost of MP, cost of pesticides
and cost of irrigation were considered. The jute producers had the opportunity to
increase their productivity as well as profitability by proper utilization of these
resources. In this study, Per hector variable cost and total cost of jute production were
Tk. 50380 and Tk. 70380 respectively. The average gross return and net return were
Tk. 128500 Tk. and 58120 per hactor respectively. Undiscounted BCR was 1.82
which implies that Tk. 1.82 would be earned by investing Tk. 1.00 for jute
production. Gross margin was found 2.55. So, the Jute farming was found to be
profitable for farmers. Returns to scale is 1.1 which means that the production
functions exhibit increasing returns to scale. An increasing amount of investment in
this production would further increase the returns from the farm. The study revealed
that Human labor cost, irrigation and pesticide cost has significant impact on Jute
production. Jute production delivers higher returns to farmers, as evidenced by the
findings of this study. Farmers in the survey stated that improved yield and income
encouraged them to continue producing jute. The study also identified some of the
problems of Jute at different stages of Jute production. Institutional supports from
Government and Non-government organizations for credit, input and technology may
be helpful to increase jute production as well as income of jute farmers. Finally, on
the basis of findings some recommendations were made for the development of jute
sector in Bangladesh.
Description:
A Thesis
Submitted to the Department of Agricultural Economics
Sher-e-Bangla Agricultural University, Dhaka
in partial fulfillment of the requirements
for the degree
of
MASTER OF SCIENCE (MS)
IN
AGRICULTURAL ECONOMICS
