Multicointegration analysis on the high yielding Boro rice of six selected districts in Bangladesh

Rice is the principal agricultural crop in Bangladesh and Boro rice is a special variety of rice. Production of Boro rice differs from district to district due to various factors like environment, geographical location, climatic changes, etc. In this article, our particular interest is whether or no...

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Main Authors: Karmokar, Provash Kumar, Shitan, Mahendran, Beg, A. B. M. Rabiul Alam
Format: Article
Language:English
Published: Academic Journals 2011
Online Access:http://psasir.upm.edu.my/id/eprint/24259/
http://psasir.upm.edu.my/id/eprint/24259/1/24259.pdf
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author Karmokar, Provash Kumar
Shitan, Mahendran
Beg, A. B. M. Rabiul Alam
author_facet Karmokar, Provash Kumar
Shitan, Mahendran
Beg, A. B. M. Rabiul Alam
author_sort Karmokar, Provash Kumar
building UPM Institutional Repository
collection Online Access
description Rice is the principal agricultural crop in Bangladesh and Boro rice is a special variety of rice. Production of Boro rice differs from district to district due to various factors like environment, geographical location, climatic changes, etc. In this article, our particular interest is whether or not cointegration/multicointegration exists amongst six major rice producing districts in Bangladesh. The six districts are Rajshahi, Dinajpur, Tangail, Kushtia, Mymensingh and Barisal. Multicointegration of rice productions in these districts is analyzed within the error correction framework. Our analysis indicated that multicointegtation exist amongst Boro rice production of Mymensingh, Boro rice production of Barisal and the estimated Boro rice production of Kushtia. As such, the error correction technique was required and the results indicated that the estimated speed of adjustment coefficient of the ‘error correction model’ for Barisal indicates that approximately 66% of any deviation from the long-run path is corrected within a year. Further, the Granger causality from Mymensingh and estimated Boro production of Kushtia to Barisal exist within this estimated ‘error correction model’. The results of this study would aid in policy decision making.
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spelling upm-242592017-11-08T07:46:00Z http://psasir.upm.edu.my/id/eprint/24259/ Multicointegration analysis on the high yielding Boro rice of six selected districts in Bangladesh Karmokar, Provash Kumar Shitan, Mahendran Beg, A. B. M. Rabiul Alam Rice is the principal agricultural crop in Bangladesh and Boro rice is a special variety of rice. Production of Boro rice differs from district to district due to various factors like environment, geographical location, climatic changes, etc. In this article, our particular interest is whether or not cointegration/multicointegration exists amongst six major rice producing districts in Bangladesh. The six districts are Rajshahi, Dinajpur, Tangail, Kushtia, Mymensingh and Barisal. Multicointegration of rice productions in these districts is analyzed within the error correction framework. Our analysis indicated that multicointegtation exist amongst Boro rice production of Mymensingh, Boro rice production of Barisal and the estimated Boro rice production of Kushtia. As such, the error correction technique was required and the results indicated that the estimated speed of adjustment coefficient of the ‘error correction model’ for Barisal indicates that approximately 66% of any deviation from the long-run path is corrected within a year. Further, the Granger causality from Mymensingh and estimated Boro production of Kushtia to Barisal exist within this estimated ‘error correction model’. The results of this study would aid in policy decision making. Academic Journals 2011-09-19 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/24259/1/24259.pdf Karmokar, Provash Kumar and Shitan, Mahendran and Beg, A. B. M. Rabiul Alam (2011) Multicointegration analysis on the high yielding Boro rice of six selected districts in Bangladesh. African Journal of Agricultural Research, 6 (19). art. no. 5F7BE0738614. pp. 4654-4660. ISSN 1991-637X http://www.academicjournals.org/journal/AJAR/article-abstract/5F7BE0738614 10.5897/AJAR11.841
spellingShingle Karmokar, Provash Kumar
Shitan, Mahendran
Beg, A. B. M. Rabiul Alam
Multicointegration analysis on the high yielding Boro rice of six selected districts in Bangladesh
title Multicointegration analysis on the high yielding Boro rice of six selected districts in Bangladesh
title_full Multicointegration analysis on the high yielding Boro rice of six selected districts in Bangladesh
title_fullStr Multicointegration analysis on the high yielding Boro rice of six selected districts in Bangladesh
title_full_unstemmed Multicointegration analysis on the high yielding Boro rice of six selected districts in Bangladesh
title_short Multicointegration analysis on the high yielding Boro rice of six selected districts in Bangladesh
title_sort multicointegration analysis on the high yielding boro rice of six selected districts in bangladesh
url http://psasir.upm.edu.my/id/eprint/24259/
http://psasir.upm.edu.my/id/eprint/24259/
http://psasir.upm.edu.my/id/eprint/24259/
http://psasir.upm.edu.my/id/eprint/24259/1/24259.pdf