Exploring the Influence of Economic and Environmental Knowledge on Fish Production in Rural-Bangladesh
Abstract
Purpose: is to investigate the impact of economic and environmental knowledge on fish production in rural Bangladesh. The research seeks to determine how various factors, such as human labor costs, feed costs, manure, fingerlings, water supply, and environmental knowledge, influence fish production per hectare.
Method: Primary survey, sample selection, Cobb-Douglas production function, resource allocation efficiency analysis.
Findings: Cost Structure: Human labor accounts for the largest portion of the variable costs for all farmer categories (marginal, small, and medium). Medium farmers have lower human labor costs compared to marginal farmers, and feed is a significant expense for small and medium farmers. Marginal farmers face high fingerling costs. Land use and interest are fixed costs. Regression Analysis: Human labor cost, feed cost, manure cost, and water supply cost have a statistically significant positive relationship with fish production per hectare. Feed cost has the most significant positive impact. Environmental knowledge also has a positive impact on fish production. Environmental Knowledge: Farmers often lack knowledge about environmentally friendly fish feed, but increased environmental awareness is associated with better fish production.
Theoretical implications: The research contributes to understanding the factors influencing fish production in rural Bangladesh, with a specific focus on economic and environmental variables. It uses a Cobb-Douglas production function to model the relationship between inputs and output in fish farming, providing a quantitative framework for analysis. The paper identifies the significance of environmental knowledge, highlighting its role in achieving sustainable aquaculture practices.
Practical implications: Targeted Investments: The findings can guide policies aimed at supporting fish farmers. The importance of human labor, feed, water supply and manure can encourage governments to invest in these sectors. Promotion of Environmental Awareness: The research supports promoting environmentally friendly practices. The study encourages education programs to provide farmers with environmental knowledge of sustainable fishing practices, or by providing financial incentives. Marketing Efficiency: The suggestion of reducing marketing intermediaries and establishing efficient wholesale and retail networks can help maximize profit for fish farmers.
Paper type: theoretical.
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