Policy Reforms and Incentives in Rice Production in Bangladesh

Abstract

We estimate an institutional production function to capture incentive induced growth in total factor productivity (TFP) of rice production in Bangladesh. The incentive component of TFP assists in explaining how farmers responded to the changes in incentives which were introduced during the major policy reforms undertaken in the 1980s and the 1990s.Bangladesh, Reforms, Agriculture, TFP, Incentives.