A Model for Evaluating the Effects of Thai Government Taxation of Rice Exports on Trade and Welfare

Chung Ming Wong

American Journal of Agricultural Economics, 1978, vol. 60, issue 1, 65-73

Abstract: The implications of Thai government taxation of rice exports through the export premium on trade and welfare are examined by means of a dynamic simultaneous equation model which allows for interactions between the rice production, consumption, and export sectors. Although the export premium may have generated a net welfare gain for Thailand over the 1961–70 period, owing to the highly imperfect nature of the international market, it results in a substantial transfer from the farmers and may have adverse effects on their incentives to adopt modern inputs in paddy production.

Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:60:y:1978:i:1:p:65-73.

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