Abstract:
Lentils (Lens culinaris), often referred to as the “meat of the poor,” are essential for ensuring food and nutrition security worldwide,
including
in
Bangladesh.
Despite
being
a
staple
food,
Bangladesh
remains
heavily
dependent
on
lentil
imports
to
meet
domestic
demand.
However,
comprehensive
economic
analyses
comparing
domestic
lentil
production
with
imports
are
scarce.
This
study
fills
a critical
research
gap
by
providing
evidence-
based
insights
into
the
financial
and
economic
advantages
of
domestic
lentil
production
over
overseas
imports,
using
primary
data
collected
from
196
farmers
in
central
Bangladesh
between
March
and
April
2022.
The
financial
profitability
analysis
revealed
a total
cost
of
USD
979.13/ha,
generating
a net
profit
of
USD
423.55/ha
and
yielding
a benefit–cost
ratio
of
1.43.
However,
the
economic
profitability
analysis
indicated
a lower
total
cost
of
USD
692.00/ha,
with
a net
profit
of
USD
119.37/ha
and
a benefit–cost
ratio
of
1.17.
Domestic
resource
cost
analysis
revealed
that
local
farmers
enjoyed
a comparative
advantage
in
lentil
production.
Similarly,
the
constructed
policy
analysis
matrix
(PAM)
demonstrated
that,
at
import
parity
prices,
revenue
transfers
were
positive,
affirming
the
economic
viability
of
domestic
lentil
production.
The
estimated
indicators—including
the
nominal
protection
coefficient
on
output,
nominal
protection
coefficient
on
input,
effective
protection
coefficient,
and
private
cost
ratio—suggest
that
existing
policies
effectively
safeguard
the
interests
of
domestic
farmers.
To
capitalize
on
this
comparative
advantage,
measures
should
be
implemented
to
encourage
farmers
to
expand
lentil
cultivation.
Additionally,
further
research
is
essential
to
develop
and
integrate
improved
short-
duration
lentil
varieties
within
the
prevailing
rice-
dominated
cropping
patterns.
Description:
This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is
properly cited.