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BDS Current Issue Volume XXVIII, September 2002, No. 3

The Long Run Relationship Between Population Growth and Per Capita Income in Bangladesh

Author: Mohammad S. Hasan

Anomalies in Karachi Stock Market: Day of the Week Effect

Author: Muhammad Nishat Khalid Mustafa

Factor Demands in the Second-Generation Green Revolution: A Bangladesh Case Study

Author: S.M. Fakhrul Islam, A.S.M. Nazrul Islam

Abstract
The present study analyzed factors demand for modern rice technology adoption in second-generation Green revolution. A considerable progress in development and adoption of modern rice technology was observed in the country due to advent of 1st, 2nd and 3rd generation rice cultivation. Only seed and fertilizers were found to have elastic demand. The price elasticities of land, labor and insecticides had positive coefficient. This could be due to scarcity of land and rational use of these inputs as marginal productivity of these inputs would be higher than their marginal costs. The complementary relationships of land-fertilizer, animal-seed, seed-labor and fertilizer-insecticide pairs characterize intensive use of inputs in the third-generation modern rice technology. Considerable higher degree of substitutions was observed for animal-labor and land-labour pairs which indicate the modern rice technology in Second-Generation Green Revolution could be labor intensive for the small farm holders.

Income, Consumption and Poverty Impact of Infrastructure Development

Author: Muhammad Abdul Latif

Abstract
The paper analyzes the impact of the development of transport and trading infrastructures such as rural roads and markets, on income, consumption and poverty in Bangladesh. Household level panel data collected in two phases have been used in the analysis. The benchmark survey was carried out during December 1995 to April 1996, just before the physical implementation of the development works. The follow up survey was conducted during January to May 2000, three years after completion of the physical works. In order to capture the impact, both bivariate and multiple regression analyses have been done taking into consideration both “with-without” and “before-after” situations. The results suggest that there has been significant positive impact of the development of transport and trading networks on income, consumption and poverty alleviation. The government should expand infrastructure development projects in other areas of Bangladesh where such development works have not yet been implemented.

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