Degree Year

1993

Document Type

Thesis

Degree Name

Bachelor of Arts

Department

Economics

Advisor(s)

James Zinser
Steven Sheppard

Keywords

Jute, Market, Prices, Bangladesh, Industry

Abstract

I will look at the factors that effect jute prices. This is important for several reasons. Since sudden changes in the price of jute are unanticipated by the individual farmer, they are adversely affected if they produce the same amount of jute each year but suddenly receive lower prices for it. Jute prices are also important factor in Bangladesh's development. If overall production remains stable, but prices suddenly drop, revenue fluctuates. In trying to aid the jute industry, there have been two arguments frequently repeated in Bangladesh. One is that, jute growers need to bring sudden supply shocks to a minimum. The other is that jute growers need to concentrate on developing new markets for jute, so that Polypropylene and other substitutes do not keep eroding the market. The analysis in this paper may help to isolate the more important factors effecting price variations and, therefore, point to which factors need to be concentrated on to reduce price fluctuations in the jute industry.

Included in

Economics Commons

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