Md. Kamrul Hasan, K.M. Khalequzzaman*
Abstract. The study estimated the benefit and rates of returns to investment on onion research and development in Bangladesh. The Economic Surplus Model with ex-post analysis was used to determine the returns to investment and their distribution between the production and consumption. Several discounting techniques were also used to assess the efficiency of onion research. The adoption rate was found increasing trend over the period. The yield of BARI Developed Modern varieties of onion was 67 to 80% higher than those of the local variety. Society got net benefit Tk 36356.64 million from the investment of onion research and extension. The internal rate of return (IRR), net present value (NPV) and benefit cost ratio (BCR) were estimated to be 82%, Tk 6536.86 million and 23.99 respectively. The results of sensitivity analysis indicated that investment in research and development of onion was a good investment.
Keywords: Onion, economic impact, adoption, yield advantage, benefit and rate of return
Cite in Nipponpub Style:
Hasan, M.K., Khalequzzaman, K.M. (2020). The economic impact of onion research and extension in Bangladesh: an ex-post analysis. Nipp. J. Environ. Sci., 1(8), 1020. https://doi.org/10.46266/njes.1020