JBS Vol 14. Num 1. 2012 - Productivity Change in Bangladesh Agriculture

Bilkis Raihana

In this study, an attempt is made to determine whether productivity growth has increased due to the adoption of irrigation-fertilizer technology in Bangladesh's agriculture sector. The period of the study spans from 1973 to 2008. Using the Tornqvist approximation to the Divisia index, total factor productivity (TFP) was estimated; it was found that TFP increased during the sample period and there was an average annual TFP growth rate of 1.97 percent for the entire study period. The results also show that farmers' terms of trade deteriorated and their economic condition improved slightly over the period.