After the financial crisis in 1997, the Thai government established and promoted financial services to rural areas to improve the quality of life of rural households and increase the productivity and technical efficiency of farmers. This paper seeks to investigate the impact of financial...

This paper examines the impact of a change in the advertising tax on prices, output, and welfare. Results show that a supply shift alone (i.e., advertising is ineffective and hence there is no demand shift) will result in higher retail prices, lower farm output, higher retail-farm price ratios,...