Since independence in 1971, Bangladesh has undergone episodes of change and has recorded considerable economic achievements. In this study, a standard regression model is used to identify factors that significantly contribute to economic growth in Bangladesh. The factors under consideration are private and public investment, public and private consumption, export and import. All factors are found to have a significant positive relationship with GDP at 5 percent of significance level except for public investment. The result implies that privatisation process needs to be catered with greater attention for accelerating GDP growth. Import is found to be significant but with a negative relationship with GDP. The result indicates that with the increased in import, the GDP will decline further. As a matter of fact, more than 60 percent of the imported items are for consumption purposes which is not likely to contribute much to GDP growth. From the empirical estimation, it is suggested that prudence planning should be taken to enhance private investment, export, private and public consumption for a better living in the country.
Farming in Bangladesh is confronted with various types of uncertainties, which contribute to farmers’ income volatility over the years. As a result, cereal, mainly rice, which is a less riskier crop remained dominantly planted in the current farm plan. But the return generated from rice cultivation has not been able to improve the livelihood of the poor, as rice profitability is low compared to some profitable but risky crops like jute and vegetables. To investigate the behavioral pattern of the farmers towards risk, Dhaka division, largely known as central region of Bangladesh, is selected. The prevailing farm plan of Dhaka division is compared with the efficient one at the current level of expected return in order to check whether the current farm plan is risky or otherwise. Quadratic and MOTAD as well as linear programming techniques have been employed for the analysis. The result of the study reveals that the prevailing farm plan in Dhaka division is risky compared to the efficient plan. Since the current return level is low, the study has recommended that more jute and vegetables should be planted to achieve higher remuneration.
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