A study of supply response of jute in Bangladesh
type: CreativeWork
description: Jute has a historical prominence in the economy of Bangladesh. It is the second most important crop after rice and the main cash crop of the farmers. About 90 per cent of the population of Bangladesh living in rural areas are directly or indirectly dependent on agriculture. Out of 9 million rural families the fate of 5 to 6 million families, mostly small cultivators and rural labourers, is directly associated with jute. Some 50 thousand people are engaged in various phases of jute trade. Jute processing and manufacturing is the largest industry of Bangladesh giving employment to almost one half of the industrial labour force and contributes one third of the industrial value added. About 85 per cent of the export earning of Bangladesh comes from jute and jute-goods exports. Thus future development of Bangladesh, and a considerable number of rural poor people at large, depend, largely, on the future of jute. Moreover, Bangladesh is the World's largest supplier of jute contributing more than 30 per cent of the world production and 40 per cent of the world's exports. So the world jute industry is dependent to a significant extent on what happens in Bangladesh. Jute faced a major market penetration by synthetic substitutes starting from the mid-sixties and is facing difficulty to compete with synthetic fiber. Attempts are being made at national and international levels to improve the competitive position of jute and maintain its production at desired levels following different policies. For such policy analysis, the necessity of an empirical knowledge of the supply responsives of jute farmers in Bangladesh is established. Under the recent conditions of increased productivity of rice, which directly competes with jute land and other resources, and falling prices due to competition from synthetics, an up to date study is attempted here to estimate the short-run and long-run elasticities of the supply of jute. A secondary objective of the study has been to use the results o…
abstract: Jute has a historical prominence in the economy of Bangladesh. It is the second most important crop after rice and the main cash crop of the farmers. About 90 per cent of the population of Bangladesh living in rural areas are directly or indirectly dependent on agriculture. Out of 9 million rural families the fate of 5 to 6 million families, mostly small cultivators and rural labourers, is directly associated with jute. Some 50 thousand people are engaged in various phases of jute trade. Jute processing and manufacturing is the largest industry of Bangladesh giving employment to almost one half of the industrial labour force and contributes one third of the industrial value added. About 85 per cent of the export earning of Bangladesh comes from jute and jute-goods exports. Thus future development of Bangladesh, and a considerable number of rural poor people at large, depend, largely, on the future of jute. Moreover, Bangladesh is the World's largest supplier of jute contributing more than 30 per cent of the world production and 40 per cent of the world's exports. So the world jute industry is dependent to a significant extent on what happens in Bangladesh. Jute faced a major market penetration by synthetic substitutes starting from the mid-sixties and is facing difficulty to compete with synthetic fiber. Attempts are being made at national and international levels to improve the competitive position of jute and maintain its production at desired levels following different policies. For such policy analysis, the necessity of an empirical knowledge of the supply responsives of jute farmers in Bangladesh is established. Under the recent conditions of increased productivity of rice, which directly competes with jute land and other resources, and falling prices due to competition from synthetics, an up to date study is attempted here to estimate the short-run and long-run elasticities of the supply of jute. A secondary objective of the study has been to use the results o…
author: Hossain, Md Tofazzal
language: en
date published: 1979
date modified: 2026-07-24T01:07:22Z
provider: Australian Catholic University
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: Australian Catholic University

PropertyValue
property ID: Handle
value: http://hdl.handle.net/1885/130298