The Changing Public Role in a Rice Economy Approaching Self-sufficiency: The Case of Bangladesh

Přední strana obálky
Intl Food Policy Res Inst, 1. 1. 1994 - Počet stran: 94
The prospects for continuous growth in rice yields have been examined within the context of a simulation model where demand parameters for both rural and urban populations and for different income groups have been used. Coupled with available estimates of supply response parameters, the prospects for a rice surplus in year 2000 appear moderate. On average, only 157,000 metric tons of rice surplus would result if current prices were to prevail. If prices were allowed to adjust, only a negligible price decline would result. That is also the case in the more favorable scenario of high growt of rice yields. Domestic demand would be capable of absorbing the increased rice surplus without an appreciable decline in price. The analysis of the proposal to support rice prices through procurement of domestic production has led to the conclusion that even massive increase of domestic procurement would result in very small price increases while at the same time causing serious storage capacity and budgetary problems for the government.
 

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Strana 10 - Jan Feb Mar Apr May Jun Jan Feb Mar Apr May Jun Source: Bangladesh Bureau of Statistics, Statistical Yearbook of Bangladesh (Dhaka: BBS, various years). Notes: The "1970s" refers to the period from July 1972 to June 1980.
Strana 70 - Low-income consumers will not be affected negatively by higher prices of foodgrains as long as they consume mostly lower-quality rice. The reason is that consumption of wheat will more than compensate for any loss in rice consumption. Note also that foodgrain consumption increases with the magnitude of supply and demand elasticities. As the commercialization of rice production increases, supply elasticities are also expected to go up, implying that larger gains in total foodgrain consumption are...
Strana 51 - This is an interesting result, since it sheds some doubts on the validity of using price stabilization to reduce poverty. The same result applies when a = 1, and the poverty measure is interpreted as the average gap of calorie consumption below the poverty line. When prices fluctuate, households cross the poverty line in both directions. On average, simulation shows that the number of crossings above and below the poverty line compensate for each other.
Strana 51 - Only when price variability is very high, say when the coefficient of variation is above 8 percent, does the behavior of expected poverty differ, depending on the emphasis on the poorest, as summarized by the value of the parameter a. When a = 0, the poverty measure is interpreted as the number of people below the poverty level. In this case poverty does not change to any appreciable degree when variability of prices increases.
Strana 66 - International prices comparable to domestic high-yielding varieties (HYVs) are fob for Thai 25 percent super. International prices comparable to the special aromatic varieties are for Pakistani basmati rice. Export parity prices have been obtained by multiplying international market prices by a factor of 0.85. The remaining 0.15 accounts for the cost and profit margin of the exporter.
Strana 35 - On the one hand, by smoothing seasonal and interyear fluctuations it enhances the comovement of prices across markets. On the other hand, this very stabilizing process may hinder the transmission of price signals across markets in a way that long-term multipliers should be able to capture.
Strana 74 - Second, the existing infrastructure and equipment affecting transportation, storage, and milling should be updated and expanded. Third, a grading system should be introduced to raise the average quality of rice consumed domestically and to enhance the likelihood of exporting successfully in the international market.
Strana 47 - R? = the coefficient of relative risk aversion for consumers. This result suggests that the desirability of price stabilization increases with the coefficient of relative risk aversion and decreases with the magnitude of the income and price elasticities.
Strana 37 - What is relevant to trade is not simply the availability of telephones in an area but the availability of country-wide telephones, as opposed to local phones that work only through an exchange operator in the district headquarters.

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