Datum
2023-12-30Schlagwort
300 Sozialwissenschaften, Soziologie 330 Wirtschaft 630 Landwirtschaft, Veterinärmedizin BangladeschMilchproduktionMilchpreisPreisbildungEinflussgrößeMetadata
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Aufsatz
Determination of consumer milk price in the informal dairy market in Bangladesh: A district level analysis of vertical system linkage
Zusammenfassung
The objective of this study was to identify the determinants of consumer milk prices and test the hypothesis that input prices, e.g., rice straw and wheat bran, as well as the farmgate milk price exert an influence on the consumer milk price. A unique panel dataset from July 2018 to June 2021 was obtained from the Integrated Dairy Research Network (IDRN) Bangladesh Monthly Dairy Sector database and was analysed using the Generalized Methods of Moments (GMM) methodology. The data collection and validation were done with a national panel of experts jointly with the data collection and processing team. The study found: a) vertical linkage with input and output price is highly affecting the consumers milk price which was due to the substantial variation across the regions and time; b) The dynamic panel analysis of GMM revealed mixed relationship between input prices (rice straw and wheat bran), farm gate milk prices, and the consumer milk price; c) The farmgate milk price determines the increase in consumer milk prices, and it is possible to predict the consumer milk price based on the time-price-system interaction variability of the farmgate milk price; d) Using COVID-19 as a proxy for real time impact, the study found a stark impact of COVID-19 on the input price and output prices and triggering a decrease in consumer milk prices by 3.96 BDT kg-1 milk (0.05 USD kg-1). The findings of this study are expected to be beneficial to the decisions making process of dairy farmers, milk processors, feed industry, consumers, and policy makers.
Zitierform
In: Journal of Agriculture and Rural Development in the Tropics and Subtropics (JARTS) Vol. 124 / No. 2 (2023-12-30) , S. 167-179 ; eissn:2363-6033Sammlung(en)
Vol 124, No 2 (2023) (Journal of Agriculture and Rural Development in the Tropics and Subtropics (JARTS))Zitieren
@article{doi:10.17170/kobra-202312229276,
author={Uddin, Mohammad Mohi and Mehta, Yashree and Akter, Amrin and Sultanana, Mst. Nadira and Brümmer, Bernhard},
title={Determination of consumer milk price in the informal dairy market in Bangladesh: A district level analysis of vertical system linkage},
journal={Journal of Agriculture and Rural Development in the Tropics and Subtropics (JARTS)},
year={2023}
}
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2024-01-02T14:50:27Z 2024-01-02T14:50:27Z 2023-12-30 doi:10.17170/kobra-202312229276 http://hdl.handle.net/123456789/15336 eng Namensnennung 4.0 International http://creativecommons.org/licenses/by/4.0/ milk production feed price IDRN networking regional price dynamics 300 330 630 Determination of consumer milk price in the informal dairy market in Bangladesh: A district level analysis of vertical system linkage Aufsatz The objective of this study was to identify the determinants of consumer milk prices and test the hypothesis that input prices, e.g., rice straw and wheat bran, as well as the farmgate milk price exert an influence on the consumer milk price. A unique panel dataset from July 2018 to June 2021 was obtained from the Integrated Dairy Research Network (IDRN) Bangladesh Monthly Dairy Sector database and was analysed using the Generalized Methods of Moments (GMM) methodology. The data collection and validation were done with a national panel of experts jointly with the data collection and processing team. The study found: a) vertical linkage with input and output price is highly affecting the consumers milk price which was due to the substantial variation across the regions and time; b) The dynamic panel analysis of GMM revealed mixed relationship between input prices (rice straw and wheat bran), farm gate milk prices, and the consumer milk price; c) The farmgate milk price determines the increase in consumer milk prices, and it is possible to predict the consumer milk price based on the time-price-system interaction variability of the farmgate milk price; d) Using COVID-19 as a proxy for real time impact, the study found a stark impact of COVID-19 on the input price and output prices and triggering a decrease in consumer milk prices by 3.96 BDT kg-1 milk (0.05 USD kg-1). The findings of this study are expected to be beneficial to the decisions making process of dairy farmers, milk processors, feed industry, consumers, and policy makers. open access Uddin, Mohammad Mohi Mehta, Yashree Akter, Amrin Sultanana, Mst. Nadira Brümmer, Bernhard Bangladesch Milchproduktion Milchpreis Preisbildung Einflussgröße publishedVersion eissn:2363-6033 No. 2 Journal of Agriculture and Rural Development in the Tropics and Subtropics (JARTS) 167-179 Vol. 124 false
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