Does a “Blue Revolution” help the poor? Evidence from Bangladesh

The rapid growth in aquaculture production, globally and in Bangladesh is well documented. Over 2000–2010, per capita production of aquaculture grew 76%, while the consumer price of fish declined 45%. Previous studies have suggested pro-poor effects of aquaculture based on fish production and consum...

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Main Authors: Rashid, Shahidur, Minot, Nicholas, Lemma, Solomon
Format: Journal Article
Language:Inglés
Published: Wiley 2019
Subjects:
Online Access:https://hdl.handle.net/10568/146789
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author Rashid, Shahidur
Minot, Nicholas
Lemma, Solomon
author_browse Lemma, Solomon
Minot, Nicholas
Rashid, Shahidur
author_facet Rashid, Shahidur
Minot, Nicholas
Lemma, Solomon
author_sort Rashid, Shahidur
collection Repository of Agricultural Research Outputs (CGSpace)
description The rapid growth in aquaculture production, globally and in Bangladesh is well documented. Over 2000–2010, per capita production of aquaculture grew 76%, while the consumer price of fish declined 45%. Previous studies have suggested pro-poor effects of aquaculture based on fish production and consumption patterns. This study attempts to quantify the contribution of aquaculture to income growth and poverty reduction in Bangladesh, using household survey data and a microsimulation approach based on an expanded version of Deaton's concept of net benefit ratio. We estimate that aquaculture's contribution to income growth between 2000 and 2010 was 2.1%, including both price and quantity effects. This income growth was translated into poverty reduction of 1.7 percentage points. Although these estimates seem small, they represent almost 10% of the overall poverty reduction in Bangladesh during the first decade of the 21st century. Put differently, of the 18 million Bengalis who escaped poverty during 2000–2010, about 1.8 million of them managed to do so because of the rapid growth in aquaculture, which contributed to rural income while making fish more accessible to consumers.
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spelling CGSpace1467892024-10-25T07:59:02Z Does a “Blue Revolution” help the poor? Evidence from Bangladesh Rashid, Shahidur Minot, Nicholas Lemma, Solomon income renewable resources aquaculture agricultural development fish food prices poverty The rapid growth in aquaculture production, globally and in Bangladesh is well documented. Over 2000–2010, per capita production of aquaculture grew 76%, while the consumer price of fish declined 45%. Previous studies have suggested pro-poor effects of aquaculture based on fish production and consumption patterns. This study attempts to quantify the contribution of aquaculture to income growth and poverty reduction in Bangladesh, using household survey data and a microsimulation approach based on an expanded version of Deaton's concept of net benefit ratio. We estimate that aquaculture's contribution to income growth between 2000 and 2010 was 2.1%, including both price and quantity effects. This income growth was translated into poverty reduction of 1.7 percentage points. Although these estimates seem small, they represent almost 10% of the overall poverty reduction in Bangladesh during the first decade of the 21st century. Put differently, of the 18 million Bengalis who escaped poverty during 2000–2010, about 1.8 million of them managed to do so because of the rapid growth in aquaculture, which contributed to rural income while making fish more accessible to consumers. 2019-01-17 2024-06-21T09:08:45Z 2024-06-21T09:08:45Z Journal Article https://hdl.handle.net/10568/146789 en Open Access Wiley Rashid, Shahidur; Minot, Nicholas; and Lemma, Solomon. 2019. Does a “Blue Revolution” help the poor? Evidence from Bangladesh. Agricultural Economics 50(2): 139-150. https://doi.org/10.1111/agec.12472
spellingShingle income
renewable resources
aquaculture
agricultural development
fish
food prices
poverty
Rashid, Shahidur
Minot, Nicholas
Lemma, Solomon
Does a “Blue Revolution” help the poor? Evidence from Bangladesh
title Does a “Blue Revolution” help the poor? Evidence from Bangladesh
title_full Does a “Blue Revolution” help the poor? Evidence from Bangladesh
title_fullStr Does a “Blue Revolution” help the poor? Evidence from Bangladesh
title_full_unstemmed Does a “Blue Revolution” help the poor? Evidence from Bangladesh
title_short Does a “Blue Revolution” help the poor? Evidence from Bangladesh
title_sort does a blue revolution help the poor evidence from bangladesh
topic income
renewable resources
aquaculture
agricultural development
fish
food prices
poverty
url https://hdl.handle.net/10568/146789
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