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

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  • Hossen, Sayed Mohibul

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.

Suggested Citation

  • Hossen, Sayed Mohibul, 2015. "A Statistical Analysis on Production of Chili and Its' Prospect in Bangladesh," MPRA Paper 64832, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:64832
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    References listed on IDEAS

    as
    1. Mwase, Donatha E., 2015. "Performance of Floriculture Industry in East Africa: What Lessons can Tanzania Learn from Kenya?," Asian Business Review, Asian Business Consortium, vol. 5(1), pages 20-27.
    2. Chowdhury, Muktasha Deena & Chowdhury, Anupam Hayath, 2015. "Problems and Prospects of Potato Cultivation in Bangladesh," Asian Business Review, Asian Business Consortium, vol. 5(1), pages 28-32.
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      More about this item

      Keywords

      Chili; Production; Prospect; Bangladesh;
      All these keywords.

      JEL classification:

      • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
      • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
      • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
      • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
      • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis

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