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AGRICULTURAL SUPPLY RESPONSE IN NORTHEAST THAILAND; PRODUCTION, RESOURCES, INCOME, AND POLICY IMPLICATIONS
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AGRICULTURAL SUPPLY RESPONSE IN NORTHEAST THAILAND; PRODUCTION, RESOURCES, INCOME, AND POLICY IMPLICATIONS
Presents the Northeast Regional Model (NEREGON), part of a project conducted jointly by the Thai Division of Agricultural Economics and Iowa State University to develop a demographic and economic data base for analyzing Thai agricultural policy.
ROGERS, K. D.; ITHARATTANA, PRASIT · 1970
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Abstract
NEREGON, the first in a series of six Thai regional planning models, is a normative supply study which focuses on the adjustment potential and socio-economic significance of four major crops (rice, kenaf, cassava, and maize) in the relatively poor northeastern region of Thailand. The purpose of this linear programming model, which was developed and validated against cross-sectional survey data, is twofold. First, it estimates the production response of each of the four crops under a wide range of assumed prices. Secondly, it assesses the impact that different market prices and production levels for each crop would have on employment, capital requirements, income, and the production of other crops. Each crop is examined individually, while all other factors are held constant. The report includes a mathematical description of the model and an analysis of the results for each crop.
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