A Statistical Analysis on Production of Chili and Its' Prospect in Bangladesh

Hossen, Sayed Mohibul (2015): A Statistical Analysis on Production of Chili and Its' Prospect in Bangladesh. Published in: Global Disclosure of Economics and Business , Vol. 4, No. 1 (6 June 2015): pp. 55-62.

Abstract

Chili is one of the most significant marketable crops of Bangladesh. It is grown almost all over the country. There are more than 400 different varieties of Chili’s found all over the world. It is also called as hot pepper, sweet pepper, bell pepper, etc. Both chili and capsicum belong to same family as well as same genus that is Capsicum. C. frutescent is used for their small and very pungent fruits in hot sauces and as spices. It contains large amounts of vitamin C, small amounts of carotene (Provitamin A), vitamin B, vitamin B6, potassium, magnesium, and iron (USDA Nutrient Database). Bangladesh is one of the best producers, but there is no enough industry for preserving this fruit. So, all the production become indeed in consumption. The aim of the research is to know the cultural practices of chili in Bangladesh and how to make sweetened chili dishes that can play a vital role in our economy. This research considers the annual time series data for the period 2001-02 to 2010-11 and over seven divisions of Bangladesh. The data have been collected from various publications of BBS (Bangladesh Bureaus of Statistics) and BARC (Bangladesh Agriculture Research Council), the data of districts have been aggregated for seven divisions namely, Dhaka, Chittagong, Rajshahi, Khulna, Barisal, Sylhet, and Rangpur. Realizing the limitations of data availability, only nine variables are considered in the present research. Total production of Chili is taken as the dependent (endogenous) variable. The price of the Chili and seven divisions are considering as independent (exogenous) variables. The number of variables to be included in the model depends on the nature of the phenomenon under consideration and the purpose of the research.

• Item Type: MPRA Paper
• Language: English
• Keywords: Chili, Production, Prospect, Bangladesh
• Subjects: D - Microeconomics > D2 - Production and Organizations > D24 - Production ; Cost ; Capital ; Capital, Total Factor, and Multifactor Productivity ; Capacity; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E23 - Production; L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L11 - Production, Pricing, and Market Structure ; Size Distribution of Firms; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M1 - Business Administration > M11 - Production Management; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R3 - Real Estate Markets, Spatial Production Analysis, and Firm Location > R32 - Other Spatial Production and Pricing Analysis

References

Araya, A., Girma, A., & Getachew, F. (2015). Exploring Impacts of Climate Change on Maize Yield in Two Contrasting Agro-Ecologies of Ethiopia. Asian Journal Of Applied Science And Engineering, 4(1), 26-36.

BBS 2007-11: “Statistical year book of Bangladesh”, 20007-11.Bangladesh Bureaus of Statistics, Dhaka.

Chile, L., & Talukder, D. (2014). The Paradox of Agricultural Trade Liberalization in Bangladesh and Tanzania.American Journal Of Trade And Policy, 1(1), 23-31.

Chili Pepper History & Chili Pepper Glossar". www.thenibble.com. Retrieved 23 October 2013

Chowdhury, M., & Chowdhury, A. (2015). Problems and Prospects of Potato Cultivation in Bangladesh. Asian Business Review, 5(1), 28-32.

Dasgupta, Reshmi R (8 May 2011). "Indian chili displacing jalapenos in global cuisine – The Economic Times." The Times of India.

Devi, K., Vijayalakshmi, P., Kumar, B., & Talluri, V. (2014). Statistical Optimization of Kojic Acid Production through Response Surface Methodology by Aspergillus Flavus using Sago Starch Hydrolysate as a Carbon Source. Asian Journal Of Applied Science And Engineering, 3(5), 53-60.

Gujrati, D.N; 1995. Basic Econometrics, New York: Me Graw-Hill

Hajirostamlo, B., Mirsaeedghazi, N., Arefnia, M., Shariati, M., & Fard, E. (2015). The Role of Research and Development in Agriculture and Its Dependent Concepts in Agriculture. Asian Journal Of Applied Science And Engineering, 4(1), 78-80.

History of Chili, Chili Con Carne. whatscookingamerica.net. 2004. Retrieved January 6, 2008.

Hossain, A., Khan, J., & Miah, M. (2015). Distribution Process of Pesticides in Vegetable Production in the Southern Part of Bangladesh. Asian Business Review, 4(2), 20-24.

Hossen, S. (2015). Statistical Analysis of Current Guava Production and Its Prospect in Bangladesh. Asian Business Review, 1(1), 09-14.

http://www.economicperception.com/ourbusiness/

http://www.eujournal.org/index.php/esj/article/download/5292…

Ilahi, H., Saadaoui, I., Bryant, C., & Rejeb, H. (2014). Anthropized Agrarian Landscape in the Central-west of Tunisia: Attempts to Evaluate the Production’s Systems of Apples-trees Orchards in the Delegation of Sbiba. ABC Journal Of Advanced Research, 3(1), 34-43.

Katsaruware, R., & Gwembire, J. (2014). Float Trays as an Alternative to Methyl Bromide in Tobacco Production in Hurungwe District, Zimbabwe. Asian Journal Of Applied Science And Engineering, 3(2), 119-128.

Khalequzzaman, K. (2015). Management of Anthracnose of Hyacinth Bean for Safe Fresh Food Production. Asian Journal Of Applied Science And Engineering, 4(2), 102-109.

Luo, C. (2015). Circular Economy and Urban Waste Resources Recycling. American Journal Of Trade And Policy, 1(3), 23-26.

Mekonen, M., Tesfaye, K., & Bayu, W. (2013). Soil Drainage and Nutrient Management to Improve Productivity of Waterlogged Vertisols for Small-scale Farmers. Engineering International, 1(2), 27-39.

Mwase, D. (2015). Performance of Floriculture Industry in East Africa: What Lessons can Tanzania Learn from Kenya?. Asian Business Review, 5(1), 20-27.

Seid, M. (2013). Community Perception and Indigenous Adaptive Response to Climate Variability at Tehuledere Woreda, South Wollo. Engineering International, 1(2), 18-26.

USDA Nutrient Database