A modified matrix for policy analysis on production diversification for Thai agriculture

Shujie Yao

Applied Economics Letters, 1997, vol. 4, issue 4, 215-218

Abstract: A modified policy analysis matrix is developed to study the costs and benefits of crop production in Thailand. Government intervention in production diversification is assessed with alternative indicators of comparative advantages. It suggests that intervention may be socially undesirable but there are exceptional cases, especially when economic externality exists.

Date: 1997
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DOI: 10.1080/758518497

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