Transformation from Rice Farming to Fish Farming in Selected Areas of Bangladesh: Profitability and Income Inequality Analysis

This study examined the relative profitability and income disparities between fully and partially transformed farmers in Tarakanda and Phulpur upazilas of Mymensingh district. A purposive random sampling technique was employed to select 120 farmers, evenly split between fully transformed and partially transformed groups. Using descriptive statistics, t-tests, the Gini coefficient, and Lorenz curve analysis, the study explored the differences between these two farmer groups. Results revealed that fully transformed farmers were younger (35-45 years) and had higher educational levels than their partially transformed counterparts. Fully transformed rice farmers were found to be significantly more profitable, with a notable difference in net returns. However, income inequality was higher among fully transformed farmers, as reflected by a Gini coefficient of 0.43 compared to 0.35 for partially transformed farmers. The study also identified lower profitability and labor intensity as key drivers for farmers transitioning from rice farming to fish farming.