IDEAS home Printed from https://ideas.repec.org/a/spr/jecstr/v14y2025i1d10.1186_s40008-025-00364-3.html
   My bibliography  Save this article

Structural path analysis of the Thai economy focusing on land rent

Author

Listed:
  • Pawarid Piyajitmetta

    (Thammasat University, Faculty of Economics)

  • Nattapong Puttanapong

    (Thammasat University, Faculty of Economics)

Abstract

This study investigates the economy-wide effect of land rent in Thailand, addressing a gap in the literature by focusing on the distribution of land rent income across different household groups. Using a Social Accounting Matrix that disaggregates land rent from capital return, the study applies Structural Path Analysis to trace the effects of sectoral growth in the five sectors with the highest land rent on household incomes. Results reveal considerable disparities in income distribution, with land rent income heavily concentrated among the richest households. The study further evaluates the potential of redistributive policies to mitigate these inequalities through a multiplier model. Two counterfactual scenarios are explored, reallocating 10% and 25% of land rent income from the richest households to poorer households. Findings suggest that redistributing land rent income can significantly reduce income inequality. These results offer valuable policy insights, emphasizing the need for targeted land rent redistributive measures to promote equitable economic growth in Thailand.

Suggested Citation

  • Pawarid Piyajitmetta & Nattapong Puttanapong, 2025. "Structural path analysis of the Thai economy focusing on land rent," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 14(1), pages 1-27, December.
    • Handle: RePEc:spr:jecstr:v:14:y:2025:i:1:d:10.1186_s40008-025-00364-3
    DOI: 10.1186/s40008-025-00364-3
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1186/s40008-025-00364-3
    File Function: Abstract
    Download Restriction: no
    File URL: https://libkey.io/10.1186/s40008-025-00364-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jecstr:v:14:y:2025:i:1:d:10.1186_s40008-025-00364-3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.