Changing Comparative Advantage in Thai Agriculture:
Two key developments affected Thai agriculture in the last decade: the precipitous decline (until 1988) in world prices for the major agricultural items exported by Thailand, and the decline in the amount of cultivable land available for each agricultural worker. During this same period the Thai eco...
Gespeichert in:
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1991
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| Schriftenreihe: | OECD Development Centre Working Papers
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Two key developments affected Thai agriculture in the last decade: the precipitous decline (until 1988) in world prices for the major agricultural items exported by Thailand, and the decline in the amount of cultivable land available for each agricultural worker. During this same period the Thai economy has experienced a slowdown in the rate of growth of real GDP and an increase in the extent of poverty, the first time this has happened since statistics on poverty became available in 1963. As these economy-wide developments and the adverse changes specific to agriculture coincided, it came to be widely believed that the one is the cause of the other. This paper sets out to examine the validity of this belief, using an applied general equilibrium model (the THAM-2). The simulations indicate that the effect of the agriculture-associated changes on the Thai economy can be quite substantial. Liberalization of rice alone will increase real GDP by 2 to 3 per cent. Had the world ... |
| Beschreibung: | 1 Online-Ressource (43 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/867640232517 |
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| spelling | Siamwalla, Ammar Verfasser aut Changing Comparative Advantage in Thai Agriculture Ammar Siamwalla, Suthad Setboonsarng and Prasong Werakarnjanapongs Paris OECD Publishing 1991 1 Online-Ressource (43 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Development Centre Working Papers Two key developments affected Thai agriculture in the last decade: the precipitous decline (until 1988) in world prices for the major agricultural items exported by Thailand, and the decline in the amount of cultivable land available for each agricultural worker. During this same period the Thai economy has experienced a slowdown in the rate of growth of real GDP and an increase in the extent of poverty, the first time this has happened since statistics on poverty became available in 1963. As these economy-wide developments and the adverse changes specific to agriculture coincided, it came to be widely believed that the one is the cause of the other. This paper sets out to examine the validity of this belief, using an applied general equilibrium model (the THAM-2). The simulations indicate that the effect of the agriculture-associated changes on the Thai economy can be quite substantial. Liberalization of rice alone will increase real GDP by 2 to 3 per cent. Had the world ... Development Thailand Setboonsarng, Suthad ctb Werakarnjanapongs, Prasong ctb https://doi.org/10.1787/867640232517 Verlag kostenfrei Volltext |
| spellingShingle | Siamwalla, Ammar Changing Comparative Advantage in Thai Agriculture Development Thailand |
| title | Changing Comparative Advantage in Thai Agriculture |
| title_auth | Changing Comparative Advantage in Thai Agriculture |
| title_exact_search | Changing Comparative Advantage in Thai Agriculture |
| title_exact_search_txtP | Changing Comparative Advantage in Thai Agriculture |
| title_full | Changing Comparative Advantage in Thai Agriculture Ammar Siamwalla, Suthad Setboonsarng and Prasong Werakarnjanapongs |
| title_fullStr | Changing Comparative Advantage in Thai Agriculture Ammar Siamwalla, Suthad Setboonsarng and Prasong Werakarnjanapongs |
| title_full_unstemmed | Changing Comparative Advantage in Thai Agriculture Ammar Siamwalla, Suthad Setboonsarng and Prasong Werakarnjanapongs |
| title_short | Changing Comparative Advantage in Thai Agriculture |
| title_sort | changing comparative advantage in thai agriculture |
| topic | Development Thailand |
| topic_facet | Development Thailand |
| url | https://doi.org/10.1787/867640232517 |
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