Rethinking the Role of the Agricultural Sector in the Thai Economy and Its Income Distribution: A SAM Analysis
The Agricultural sector has played a significant role in the Thai economy. It has been an engine of Thai industrial growth in the past. Its various kinds of good-quality agricultural produce and its strong comparative advantage are globally well-known. However, Thai agriculture has been devitalized since the 1980s and its population has been excluded from the country’s rapid development and growth opportunities. The bias of government policies has been the main cause of the depressed agrarian conditions. This paper investigates potential for reviving the role of the agricultural sector in the Thai economy and improving its income distribution, using a Social Accounting Matrix（SAM）for analysis. It studies how stimulations of the Thai agricultural sector would affect the Thai economy and its income distribution compared to the manufacturing industrial sectors. Results from the policy simulations show clearly that agricultural and agricultural-processing sectors in Thailand have higher potential to increase domestic production through linkage or multiplier effects compared to that of manufacturing industrial sector. The agricultural and agricultural-processing sectors also have better potentials to generate more income to different households, to create better income distribution, and to induce more savings in the country.
|Date of creation:||Aug 2004|
|Publication status:||Published in Forum of International Development Studies 27.August(2004): pp. 187-212|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:1055. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.