Drivers of the Bangladesh fish economy: Projections of future fish supply and demand

Fish play a major role in the Bangladesh food system. Fish production, processing and marketing are major source of incomes for many households, and fish consumption accounts for a significant share of protein consumption in the Bangladeshi diet. Moreover, fish production and consumption are growtin...

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Autores principales: Comstock, Andrew R., Dorosh, Paul A.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2019
Materias:
Acceso en línea:https://hdl.handle.net/10568/146812
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author Comstock, Andrew R.
Dorosh, Paul A.
author_browse Comstock, Andrew R.
Dorosh, Paul A.
author_facet Comstock, Andrew R.
Dorosh, Paul A.
author_sort Comstock, Andrew R.
collection Repository of Agricultural Research Outputs (CGSpace)
description Fish play a major role in the Bangladesh food system. Fish production, processing and marketing are major source of incomes for many households, and fish consumption accounts for a significant share of protein consumption in the Bangladeshi diet. Moreover, fish production and consumption are growting rapidly, with the aquaculture subsector as a major driver of change of both supply and demand. In this paper, we present estimates of demand elasticities for four categories of fish (aquaculture, inland capture, mixed production, and marine) using a modified Quadratic Almost Ideal Demand System. These demand estimates are then used in projections of future supply and demand for these different types of fish under different productivity growth assumptions. Our results show that, at current rates of productivity increase, growth in fish production will outpace increases in demand from population and income growth, resulting a decline in real prices over time. A more rapid increase in productivity would lead to even larger supply increases and corresponding price declines. These effects are most keenly felt by the poorest households who see significant increases in fish consumption. Fish production from aquaculture is likely to have higher rates of productivity growth than the more extensive inland capture and marine systems, leading to a long term shift increase in the share of aquaculture production and consumption.
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spelling CGSpace1468122025-11-06T07:21:29Z Drivers of the Bangladesh fish economy: Projections of future fish supply and demand Comstock, Andrew R. Dorosh, Paul A. fish industry agricultural production supply balance aquaculture food prices fishery production fish farms Fish play a major role in the Bangladesh food system. Fish production, processing and marketing are major source of incomes for many households, and fish consumption accounts for a significant share of protein consumption in the Bangladeshi diet. Moreover, fish production and consumption are growting rapidly, with the aquaculture subsector as a major driver of change of both supply and demand. In this paper, we present estimates of demand elasticities for four categories of fish (aquaculture, inland capture, mixed production, and marine) using a modified Quadratic Almost Ideal Demand System. These demand estimates are then used in projections of future supply and demand for these different types of fish under different productivity growth assumptions. Our results show that, at current rates of productivity increase, growth in fish production will outpace increases in demand from population and income growth, resulting a decline in real prices over time. A more rapid increase in productivity would lead to even larger supply increases and corresponding price declines. These effects are most keenly felt by the poorest households who see significant increases in fish consumption. Fish production from aquaculture is likely to have higher rates of productivity growth than the more extensive inland capture and marine systems, leading to a long term shift increase in the share of aquaculture production and consumption. 2019-05-08 2024-06-21T09:08:51Z 2024-06-21T09:08:51Z Working Paper https://hdl.handle.net/10568/146812 en Open Access application/pdf International Food Policy Research Institute Comstock, Andrew; and Dorosh, Paul A. 2019. Drivers of the Bangladesh fish economy: Projections of future fish supply and demand. IFPRI Discussion Paper 1835. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/146812
spellingShingle fish industry
agricultural production
supply balance
aquaculture
food prices
fishery production
fish farms
Comstock, Andrew R.
Dorosh, Paul A.
Drivers of the Bangladesh fish economy: Projections of future fish supply and demand
title Drivers of the Bangladesh fish economy: Projections of future fish supply and demand
title_full Drivers of the Bangladesh fish economy: Projections of future fish supply and demand
title_fullStr Drivers of the Bangladesh fish economy: Projections of future fish supply and demand
title_full_unstemmed Drivers of the Bangladesh fish economy: Projections of future fish supply and demand
title_short Drivers of the Bangladesh fish economy: Projections of future fish supply and demand
title_sort drivers of the bangladesh fish economy projections of future fish supply and demand
topic fish industry
agricultural production
supply balance
aquaculture
food prices
fishery production
fish farms
url https://hdl.handle.net/10568/146812
work_keys_str_mv AT comstockandrewr driversofthebangladeshfisheconomyprojectionsoffuturefishsupplyanddemand
AT doroshpaula driversofthebangladeshfisheconomyprojectionsoffuturefishsupplyanddemand