Date of Award:


Document Type:


Degree Name:

Master of Science (MS)


Economics and Finance


O. William Asplund


This study takes a look at government aid to agriculture in Thailand and attempts to analyze its effectiveness. Only two crops have been aided directly by the government, rice and rubber, though others have undoubtedly benefitted by improvements in the country's infrastructure. The regressions performed on some simple production functions indicate that rice yields have been improved through government programs. The program for rubber largely a subsidy for new plantings, ha as yet not had much impact on yields. This maybe due to the fact that the pay-off period is at least seven years. There is also some evidence that maize yields have improved through the opening of new lands by highway and rail. The rest of agriculture in Thailand still largely relies on nature and the Gods to determine output. It may well be true for a change.

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