Market deregulation, trade liberalization and productive efficiency in Bangladesh agriculture: an empirical analysis

The impact of trade liberalization and of market deregulation in general, on the performance of agriculture remains contentious and empirical issue in the literature. Following the random coefficient frontier modelling framework, this paper attempts to contribute to this debate by computing the farm...

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Main Authors: Salim, Ruhul, Hossain, A.
Format: Journal Article
Published: Routledge 2006
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/46458
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author Salim, Ruhul
Hossain, A.
author_facet Salim, Ruhul
Hossain, A.
author_sort Salim, Ruhul
building Curtin Institutional Repository
collection Online Access
description The impact of trade liberalization and of market deregulation in general, on the performance of agriculture remains contentious and empirical issue in the literature. Following the random coefficient frontier modelling framework, this paper attempts to contribute to this debate by computing the farm-specific productive efficiency indices in Bangladesh agriculture before and after reform. It also examines the impact of some farm-specific and policy variables on productive efficiency. The empirical results show that there are wide variations in productive efficiency across farms and regions and the average efficiency of all regions increased modestly by 8 percentage points from the pre-reform to post-reform period. The efficiency differentials are largely explained by farm size, infrastructure, households' off-farm income and the reduction of government anti-agricultural bias in relation to trade and domestic policies. The implication of these results suggests the need for further policy reform to augment productive efficiency.
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spelling curtin-20.500.11937-464582017-09-13T16:03:15Z Market deregulation, trade liberalization and productive efficiency in Bangladesh agriculture: an empirical analysis Salim, Ruhul Hossain, A. Trade liberalization Frontier production function Productive efficiency The impact of trade liberalization and of market deregulation in general, on the performance of agriculture remains contentious and empirical issue in the literature. Following the random coefficient frontier modelling framework, this paper attempts to contribute to this debate by computing the farm-specific productive efficiency indices in Bangladesh agriculture before and after reform. It also examines the impact of some farm-specific and policy variables on productive efficiency. The empirical results show that there are wide variations in productive efficiency across farms and regions and the average efficiency of all regions increased modestly by 8 percentage points from the pre-reform to post-reform period. The efficiency differentials are largely explained by farm size, infrastructure, households' off-farm income and the reduction of government anti-agricultural bias in relation to trade and domestic policies. The implication of these results suggests the need for further policy reform to augment productive efficiency. 2006 Journal Article http://hdl.handle.net/20.500.11937/46458 10.1080/00036840500427585 Routledge fulltext
spellingShingle Trade liberalization
Frontier production function
Productive efficiency
Salim, Ruhul
Hossain, A.
Market deregulation, trade liberalization and productive efficiency in Bangladesh agriculture: an empirical analysis
title Market deregulation, trade liberalization and productive efficiency in Bangladesh agriculture: an empirical analysis
title_full Market deregulation, trade liberalization and productive efficiency in Bangladesh agriculture: an empirical analysis
title_fullStr Market deregulation, trade liberalization and productive efficiency in Bangladesh agriculture: an empirical analysis
title_full_unstemmed Market deregulation, trade liberalization and productive efficiency in Bangladesh agriculture: an empirical analysis
title_short Market deregulation, trade liberalization and productive efficiency in Bangladesh agriculture: an empirical analysis
title_sort market deregulation, trade liberalization and productive efficiency in bangladesh agriculture: an empirical analysis
topic Trade liberalization
Frontier production function
Productive efficiency
url http://hdl.handle.net/20.500.11937/46458