JEO: Journal Articles

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https://hdl.handle.net/20.500.14437/123

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Browsing JEO: Journal Articles by Subject "Agricultural Economics"

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    Publication
    A Comparison of Rice Production and Trade Competitiveness between Thailandand Vietnam in the ASEAN Market
    (Chulalongkorn University Printing House, 2011)
    Pisanwanich, Aat
    ;
    University of the Thai Chamber of Commerce. Journal Editorial Office
    Rice is one of Thailand’s main crops and Vietnam is a major competitor. On January1st 2015, ASEAN will become the ASEAN Economic Community, or AEC, and importtariffs between ASEAN member countries will be eliminated. Inevitably, ASEANcountries are motivated to compete fiercely under these circumstances. This articleexplores the production potential of Thai and Vietnamese rice. The results find that theVietnamese rice yield ranks first place in ASEAN, with Thai rice yield in seventh place.Can Tho province in Vietnam can produce rice for 4,978.9 baht/rai, lower than the5,800 baht/rai cost in Ayuttaya province. Furthermore, the Vietnamese governmentgenerously subsidizes farmer’s incomes with a 3 reduction and 3 increase policy;the elimination of production cost policy as well as the 30 percent income policy.Vinafood1 and Vinafood 2 companies have penetrated the foreign rice market andbeen solely responsible for generating the rice orders. The close cooperation of therice market management both within and without ASEAN is also a priority of theVietnamese government. Therefore, in order to strengthen competitiveness in the ricemarket, the Thai government should develop a policy to improve rice productivity inconjunction with a strategic plan to effectively compete in the ASEAN rice market, withthe cooperation of farmers, rice millers and exporters.
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    Publication
    Characteristics and Impact of Foreign DirectInvestment on Thai Agricultural Production
    (Chulalongkorn University Printing House, 2008)
    Netayarak, Prayong
    ;
    University of the Thai Chamber of Commerce. Journal Editorial Office
    The value of foreign direct investment (FDI) in the agricultural sector (excluding theagro-industry subsector) during the 1994 - 2005 period was very small, or less than 1%of total foreign direct investment. Not only was the value small, the fluctuation betweenthose years was very high. These FDI, from more than 13 countries, amounted toapproximately 6% of the total FDI in Thailand under the BOI privilege schemes. Theseinvestments included the production of both primary and processed agricultural goodsand the production of seeds and seedling multiplication programs. Once new technelogiesare available and intreduced to Thai famers, the diffusion rates were very high. As for theissues of agricultural R &D and agricultural technology transfers, there isevidence indicating that the trends were increasing both in terms of quantities andtypes of research projects. Most of the R &D projects were done by private firmswhose R &D funds were financed by their parents companies or their subsidiariesabroad. In the case of processed goods for exports, such as chicken, pineapples and tigerprawns, the FDI were mostly in the form of joint venture companies. This played a majorrole in the successes of these export industries. The foreign partners made decisionson the design of processed products and chose processing techniques to suit foreigndemand. In the beginning the commodities were produced for export to the countrieswhere the FDI came from. Later on, as the production greatly expanded, new exportmarkets were added. New knowledge and technologies were seemingly diffused verywell to other Thai entrepreneurs and labors. Hence, the Thai agro-industries have beendeveloped greatly during the past decade.
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