This paper reviews the economic models explaining the directions of technical change. The application to agricultural sector is also explored. The induced innovation model extensively used in agricultural development studies has left unexplained stylized facts in several empirical evidences....

The seed industry in Thailand is among the advanced and well-developed industries in Asia. Maize contributes to the largest share of seed production and trade. The government and international organizations contributed significantly to the success of the maize seed industry in Thailand by...

The objectives of this research were to 1) study farmers' perceptions on crop insurance of first rice and 2) examine key characteristics of crop insurance as viewed by farmers. A field survey was conducted to interview 246 famers. The research findings were as follows 1) overall perception of...

This article aims at introducing a spatial aspect of analyzing the relationship between economic growth and poverty, in which the geographical disparity plays an important role. A case study of growth poverty elasticity of Sumatra, Indonesia, using district-level data, is provided as an example...

This case study refers to the role of Payment for Ecosystem Services (PES) as an economic tool in supporting and promoting sustainable development locally. It was developed for using in both undergraduate and graduate courses in natural resource and environmental economics and economic valuation...

China, Thailand, and Vietnam are key players in world rice market in terms of production and trade. In the past few decades, rice policies in these three countries have changed significantly resulted in changes in production, exports and influences in the world market. This paper reviews major...

Rice breeding is one of the ways to tackle production problems and to maintain production competitiveness of the country. Although Thailand has been successfully developing improved rice varieties, there is a lack of economic assessment of research investment which is important information for...

Loan contracts performance determines the profitability and stability of the financial institutions. The screening process of the loan applications is a key process in minimizing credit risk. Thus, the purpose of this research is to develop credit scoring model for rural financial market in...

Despite the evidences of benefits from GM papayas adoption in other countries, concerns over the loss of export markets and health and environmental risks have led to great uncertainty and indecision about policies to support biotechnology in Thailand. Since 2001, field trials have been banned...

This paper explores rice consumption patterns of Thai households and estimates income and price elasticities of quantity demand. The study found that the average annual consumption of rice for Thai households was 101 kilogram per person. The income elasticity of quantity demand is positive and...