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Farms, Farmers and Farming: A Perspective through Data and Behavioral Insights

Witsanu Attavanich (), Sommarat Chantarat, Jirath Chenphuengpawn, Phumsith Mahasuweerachai () and Kannika Thampanishvong
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Sommarat Chantarat: Bank of Thailand
Jirath Chenphuengpawn: Bank of Thailand
Kannika Thampanishvong: Thailand Development Research Institute

PIER Discussion Papers from Puey Ungphakorn Institute for Economic Research

Abstract: This paper aims to contribute to a better understanding of Thai agriculture, the sector that currently employs about one third of the country's labor force. We first draw out key stylized facts on our farms, farmers and farming from various granular farmer's administrative data sets that allow us to observe what has happened at the plot, labor and household levels over the past decade, and cover more than 90% of farmers nationwide. We then use a stochastic frontier analysis to identify key drivers of household's agricultural productivity, and project the potential productivity impacts from the four key driving factors: climate change, aging, irrigation and technology for every tambon nationwide. A meta-analysis is then used to illustrate the landscape of technological development throughout the rice value chain in Thailand. Finally, we use lab in the field experiments to understand behavioral insights that underly farmer's incentives particularly in the context of technological adoption. Our results shed some lights on how to design, prioritize and implement policies to ensure that our farmers stay competitive, resilient and sustainable.

Keywords: Aging; Behavioral Bias; Climate Change; Productivity; Social Learning; Structural Transformation; Technical Efficiency; Technological Adoption; Thai Agriculture (search for similar items in EconPapers)
JEL-codes: D90 J11 Q12 Q13 Q15 Q16 Q18 (search for similar items in EconPapers)
Pages: 80 page
Date: 2019-12, Revised 2019-12
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