Agricultural Policy Misspecifcation in Thailand

Authors

  • Nararuk Boonyanam School of Development Economics, National Institute of Development Administration, Bangkok, Thailand

Keywords:

Poverty, Land Abandonment, Profit Maximization, Duality, Production Theory

Abstract

Severe poverty of farmers in Thailand is visible in the form of agricultural land abandonment. The causes of land abandonment will reflect the causes of poverty and the effectiveness of government agricultural policies. This paper identifies the factors that cause agricultural land abandonment and the appropriate policy measures for effectively addressing the problem. The study utilizes the optimization method based on duality production theory with 808 parcel samples. The Simultaneous Tobit estimation was used to estimate the system of nine equations. The study identified the contributing factors for land abandonment and provides alternative direction for policy makers.

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How to Cite

Boonyanam, N. (2016). Agricultural Policy Misspecifcation in Thailand. SOUTHEAST ASIAN JOURNAL OF ECONOMICS, 29–57. Retrieved from https://so05.tci-thaijo.org/index.php/saje/article/view/59902

Issue

Southeast Asian Journal of Economics, Vol. 4 No. 1 (January - June 2016)

Section

Original Articles

License

The submission of a manuscript implies that the paper is an original work and has not been published elsewhere. The author(s) authorize the journal to reproduce or distribute the paper in printed or other electronic forms.