Price Responsiveness of Foodgrain Supply in Bangladesh and Projections 2020
Paul A. Dorosh, Quazi Shahabuddin & Muhammad Saifur Rahman
Abstract
In recent years of normal rice harvests, supply from domestic rice production in Bangladesh has essentially met domestic demand so that imports have been very small. Future supply-demand balances will be determined in part by the price-responsiveness of supply and demand, along with technical change, income growth and other factors. This paper provides estimates of the price-responsiveness of rice production (in particular, area planted to rice), and then simulates supply and demand balance for rice under alternative scenarios.
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