Vol.: 01 Issue: 01: Effect of Integrated Pest Management (IPM) on Rice Production: A Multivariate Approach Based on Cobb-Douglas Production Function and Propensity Score Matching
Md. Abdulla-al- Mamun
Assistant Professor of Finance, Department of Business Administration, Bangladesh Islami University. Email: [email protected]
Md. Abdullah-al- Mamun
Lecturer, Canberra Model School and College, Dhaka. Email: [email protected]
Keywords
Integrated Pest Management, Rice production, Cobb-Douglas production function
JEL Classification:
O13, Q15, D24, E23
Abstract
Integrated Pest Management has a broad-based approach founded on a sound ecological understanding towards producing and preserving different crops. Now-adays, IPM has been considered globally as one of the best methods in this regard. The following study was conducted on 405 farmers (108 IPM users and 297 conventional farmers) of Dhaka, Chittagong, Barisal, Rangpur and Sylhet to assess the effect of IPM on rice production. Using statistical software STATA, CobbDoulas Production Function was fitted to the data to estimate the effect of IPM on rice production. Also Propensity Score Matching was conducted to identify the factors for adoption of IPM. It was found that IPM can change the production system and it also may reduce production cost. And most important fact is that IPM has some positive effects on the farmer’s health except smoke. To summarize, our evidence suggests that further promotion of Integrated Pest Management for Bangladeshi rice farmers will yield economic, health, and environmental benefits for rural communities.
Published: 2022-12-07
Md. Abdulla-al- Mamun:
Assistant Professor of Finance, Department of Business Administration, Bangladesh Islami University. Email: [email protected]
Md. Abdullah-al- Mamun:
Lecturer, Canberra Model School and College, Dhaka. Email: [email protected]
Keywords: Integrated Pest Management, Rice production, Cobb-Douglas production function
JEL Classification: O13, Q15, D24, E23