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- Title
Economic Analysis of Competing Crops with Special Reference to Cotton Production in Pakistan: The Case of Multan and Bahawalpur Regions.
- Authors
Chaudhry, Imran Sharif; Khan, Muhammad Bashir; Akhtar, Muhammad Hanif
- Abstract
Cotton is an important and major cash crop in Pakistan. Keeping in view the tremendous importance of cotton crop, the study was conducted in core areas of cotton production i.e. Multan and Bahawalpur regions. The study was based on primary data using Policy Analysis Matrix (PAM) methodology to assess the comparative advantage of cotton crop over its competing crops i.e. rice and sugarcane in the study area. The comparative advantage of cotton over the other important crops i.e. rice and sugarcane which also compete for scarce domestic resources was calculated by applying DRC technique. The respective DRC values for cotton, sugarcane and rice (0.57, 1.14, and 0.65) indicated that the Multan and Bahawalpur regions had comparative advantage in producing cotton over sugarcane and rice crops and cotton crop can compete in national as well as in international markets. The divergence in private and social price revenue for cotton was Rs. 3150, where as the NPC and EPC were 0.89 and 0.83 respectively at export parity prices. This result showed that cotton crop was not protected by subsidy. It was concluded from the study that government may adopt the policies to reduce the cost of production / processing. Cotton yield would be increased by using quality inputs and by adopting better management practices. Water pricing and rational allocation of critical inputs, timely and standardized availability of inputs would increase marketing margins and efficiency of cotton in the study area.
- Subjects
MULTAN (Pakistan); BAHAWALPUR District (Pakistan); PAKISTAN; AGRICULTURAL sociology; CASH crops; CROPS; POLICY analysis; COMPARATIVE economics; AGRICULTURAL productivity; MARKETING margin; ECONOMICS
- Publication
Pakistan Journal of Social Sciences (PJSS), 2009, Vol 29, Issue 1, p51
- ISSN
2074-2061
- Publication type
Article