Master's Theses

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Date of Award

Spring 1968

Degree Name

Master of Science (MS)

Department

Economics, Finance, & Accounting

Advisor

Dr. Milburn Little

Abstract

The purpose of this study is to analyze the fundamental problems of rice, both in production and distribution with emphasis on international trade. This study is divided into four main parts. The first gives the general characteristics of the nation's economy pertaining to agriculture, industry and foreign trade. The second is a study of rice industry in Thailand; the problems of growing two crops of rice a year and the problems of marketing facilities. The third deals with Thai rice in world trade: the operation of rice premiums (a type of tax) as a price regulation mechanism and as a source of revenue; the effects of rice premiums and the imposition of export restrictions. The fourth makes projections of the domestic and foreign demand and domestic supply. Two levels of assumptions are used in this study: the low and the high assumptions. The projections of demand cover the period up to 1985 while the projections of supply cover the period up to 1980. The writer believes that the problems of rice can be solved by changing cultural practices under economic incentives and reducing illiteracy. In international trade the reduction of rice premiums and export restrictions would expand market opportunities for Thai rice. The stabilization of national and international fluctuations can be achieved by a greater cooperation between the nations.

Rights

Copyright 1968 Vorachai Sirisuthikul

Comments

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