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Farmers’ Supply Response and Perception of Rice Procurement Program in Bangladesh
(2020-10-18)
Rice farmers in Bangladesh do not get proper returns due to lower market prices and many unexpected situations that may affect the supply of rice production. To protect the farmers, the government introduced the rice procurement program. This study tried to analyse the supply response to rice production and assess the farmers’ perception of government procurement program including their financial risk of rice production. Vector autoregressive (VAR) model was employed to analyse the supply response of rice using ...