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....

This study analyzes the optimal production plan under price risk condition of Karen ethnic groups in Muang Pam village, Pang Ma Pha district, Mae Hong Son province. Two groups of household samples regarding land holding types are: 1) paddy and upland arable land, and 2) upland arable land only....

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...

Agricultural development policy in Thailand over the past few decades has been geared not only to the nation’s food security, but also to export earnings. Thailand is a food surplus country at the macro level but food accessibility at the household level remains a problem, particularly in...

Thailand imports a large volume of table grapes from the United States of America. The Thai – U.S. Free Trade Agreement (FTA) will reduce tariff on imports and thus import value changes which will affect related sectors of Thai economy system. The objectives of this study are to estimate trend...

This paper analyzes factors affecting pure orange juice purchasing decisions of consumers in Bangkok Metropolitan area. The data used in this research were from interviewing 400 consumers in Bangkok Metropolitan area who used to buy pure orange juice. The data were collected during September to...

This study compares costs and returns between contract and non-contract farmers on baby corn production and to compares a company’s procurement costs through contract versus non-contract (open market) channels. A survey of 60 farmers in Kanchanaburi and Nakornpathom was conduced for the data...

This paper studies total factor productivity (TFP) in Thai agriculture to provide better empirical evidence on the TFP measure and the factors influencing it. It employs time-series data at an aggregate level over the period 1970-2006 for both crops and livestock,individually, using the...