Kısa Rapor

TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY

Cilt: 4 Sayı: 1 30 Nisan 2023
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TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY

Öz

The handloom textile industry is one of Bangladesh's major labor contributing endeavors that provides income and employment opportunities for a sizable section of rural labor. However, in recent years, the handloom textile industry has been experiencing severe competition with the power loom textile industries in terms of technical efficiency, wage discrimination, and profit margin. This study aims to measure the technical efficiency of the handloom textile industry in handloom rich areas of Bangladesh. This study used multistage sampling techniques to collect data from 50 handloom textile industries in the Sirajganj district. The Stochastic Frontier Analysis (SFA) technique was used to assess technical inefficiency and production efficiency. In contrast, the Benefit-Cost Ratio was used to determine the profit margin for handloom textile industries. The results show that the sample means technical efficiency is 79 percent, ranging from 38 to 100 percent. The SFA regression model also indicates that 66 percent of handloom industries have a 0.75–1.00 efficiency score, while 6 percent of the firms operate below 50 percent of technical efficiency. The Benefit-Cost Ratio analysis shows that handloom products are not highly profitable. The study also found that the existing handloom textile industries face high prices of colors and fabrics, lower adoption of technical knowledge, and obstacles to access to credit, all of which affect the production efficiency of handloom industries. With the foremost prospect of this industry, government policies should address the above problems to ensure favorable textile production in the study area.

Anahtar Kelimeler

Teşekkür

Saikat Pande

Kaynakça

  1. Ahmed, M. U. (1999). Development of Small-Scale Industries in Bangladesh in the New Millennium: Challenges and Opportunities, Asian Affairs, 21(1), 24-28.
  2. Aigner, D. J., Lovell, C. A. K. & Schmidt, P. (1977). Formulation and Estimation of Stochastic Frontier Production Function Models. Journal of Econometrics, 6(1), 21-37. https://doi.org/10.1016/0304-4076(77)90052-5
  3. Ajibefun, I. A. & Abdulkadri, A. O. (1999). An Investigation of Technical Inefficiency and Production of Farmers under the National Directorate of Employment in Ondo State, Nigeria. Applied Economics Letter, 6, 111-114. https://doi.org/10.1080/135048599353735
  4. Ajibefun, I. A. & Daramola, A. G. (1999). Measurement and Source of Technical Inefficiency in Poultry Egg Production in Ondo State, Nigeria. Journal of Economics and Rural Development, 13, 85-94.
  5. Banarjee, S., Moniruzzaman, M. & Sharmin, M. S. (2014). Status of Handloom Workers and Causes of Their Migration: A Study in Handloom Industry of Tangail District, Bangladesh. Research on Humanities and Social Sciences, 4(22), 157-162.
  6. Bangladesh Handloom Board (BHB), (2012). Importance of Handlooms in Bangladesh. Bangladesh Handloom Board, Bangladesh Handloom Board, Bangladesh Handloom Board, Dhaka.
  7. Battese, G. E. & Coelli, T. J. (1995). A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data. Empirical Economics, 20(2), 325-332. https//doi org/10.1007/BF01205442
  8. Battese, G. E., Rambaldi, A. N. & Wan, G. H. (1997). Stochastic Frontier Productions Function with Flexible Risk Properties. Journal of Productivity Analysis, 8, 269-280. https://doi.org/10.1023/A:1007755604744

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi

Bölüm

Kısa Rapor

Yayımlanma Tarihi

30 Nisan 2023

Gönderilme Tarihi

14 Aralık 2022

Kabul Tarihi

21 Nisan 2023

Yayımlandığı Sayı

Yıl 2023 Cilt: 4 Sayı: 1

Kaynak Göster

APA
Pande, S., & Arif, K. M. (2023). TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY. Journal of Economics and Research, 4(1), 33-47. https://doi.org/10.53280/jer.1217274
AMA
1.Pande S, Arif KM. TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY. Journal of Economics and Research. 2023;4(1):33-47. doi:10.53280/jer.1217274
Chicago
Pande, Saikat, ve Kazi Mostafa Arif. 2023. “TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY”. Journal of Economics and Research 4 (1): 33-47. https://doi.org/10.53280/jer.1217274.
EndNote
Pande S, Arif KM (01 Nisan 2023) TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY. Journal of Economics and Research 4 1 33–47.
IEEE
[1]S. Pande ve K. M. Arif, “TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY”, Journal of Economics and Research, c. 4, sy 1, ss. 33–47, Nis. 2023, doi: 10.53280/jer.1217274.
ISNAD
Pande, Saikat - Arif, Kazi Mostafa. “TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY”. Journal of Economics and Research 4/1 (01 Nisan 2023): 33-47. https://doi.org/10.53280/jer.1217274.
JAMA
1.Pande S, Arif KM. TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY. Journal of Economics and Research. 2023;4:33–47.
MLA
Pande, Saikat, ve Kazi Mostafa Arif. “TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY”. Journal of Economics and Research, c. 4, sy 1, Nisan 2023, ss. 33-47, doi:10.53280/jer.1217274.
Vancouver
1.Saikat Pande, Kazi Mostafa Arif. TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY. Journal of Economics and Research. 01 Nisan 2023;4(1):33-47. doi:10.53280/jer.1217274

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