We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
TECHNICAL EFFICIENCY OF HANDLOOM INDUSTRY IN BANGLADESH: A STUDY.
- Authors
PANDE, Saikat; ARIF, Kazi Mostafa
- Abstract
The handloom textile industry is a significant source of income and employment for many rural workers in Bangladesh. However, it faces though competition from power loom textile industries, resulting in wage discrimination and decreased profit margins. 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 findings indicate that the sample's technical efficiency ranges from 38 to 100 percent, with a mean value of 79 percent. The SFA regression model also indicates that 66 percent of handloom industries have a 0.75-1.00 efficiency score. The Benefit-Cost Ratio analysis shows that handloom products are not highly profitable. The study also identified several factors affecting production efficiency, including high prices of colors and fabrics, lower adaption of technical knowledge, and obstacles to access to credit. The government should address these issues to ensure favorable textile production in the area.
- Subjects
BANGLADESH; HANDLOOM industry; PROFIT margins; COST benefit analysis; STOCHASTIC frontier analysis
- Publication
Journal of Economics & Research (JER), 2023, Vol 4, Issue 1, p33
- ISSN
2717-9907
- Publication type
Article
- DOI
10.53280/jer.1217274