Journal of Agricultural Economics and Development Vol. 5(1), pp. 014-019, January 2016 ISSN 2327-3151 ©2016 Academe Research Journals

Full Length Research Paper

Product commercialization and income generation at different agricultural farms in Bogra District of Bangladesh

Md. Hashmi Sakib¹*, Md. Safiul Islam Afrad² and Hossain Md. Ferdous³

¹Department of Agricultural Extension and Rural Development, EXIM Bank Agricultural University, Bangladesh.

²Department of Agricultural Extension and Rural Development, Bangabandhu Sheikh Mujibur Rahman Agricultural University, Gazipur, Bangladesh.

³Department of Agronomy, EXIM Bank Agricultural University, Bangladesh.

*Corresponding author. E-mail: sakib_20067@yahoo.com.

Accepted 9 November, 2015

Abstract

Bangladesh is a land of agriculture, forestry and fishery due to the fact that she abounds with many arable lands, rivers in her esteem deltaic plain. This is because the total economy more or less relies on the agriculture. The main objective of this study was to bring out the scenario of income and commercialization of agricultural products in the study area. By considering this, an interview schedule was made to collect data from the study area through random sampling. Kahaloo and Sherpur upazilas of Bogra were the study area. The collected data were analyzed by Statistical Packages for the Social Sciences (SPSS). Statistical tools, Gini coefficient and regression were employed for transforming data into summarized information. Through the entire investigation, it became clear that aquaculture dominates other income sources in the study area, besides the commercialization of the fishery product found greater than others. Not only was income inequality found at the lowest extent in the aquaculture sector, it was also found at the highest extent in the crops sector. Moreover, socio-demographic characters namely “farm size”, “knowledge” and “commercialization” have significant relationship with income of respondents, in which “farm size” has enormous contribution to the explained total variation of income generation of respondents. Furthermore, in the case of commercialization, “income”, “knowledge” and “education” have significant relationship. Among these factors, income of respondents played a vital role in contributing to the explained total variation in commercialization as a major factor. It is visualized that commercialization was provoked by income, besides, income provoked by farm size, but there is a scanty provision to get greater size farm for per person in this country because of land utilization for different purposes. In this regard, technological improvement as well as innovations might be one of the solutions.

Key words: Commercialization, income, agriculture, farm size.