The Effect of Rice Harvest Collateral Credit Policy on Rice Price : Statistical Evidence during 1979 - 1997

บทคัดย่อ

ConclusionThe RHCC policy has not helped lift the rice price during the harvest season. Instead, the relative average rice of the harvest season tended to be lower after the implementation of the RHCC policy compared with the period before. However, the tendency was not statistically significant. In the meantime, the price variations within single years were not reduced during the implementation of the policy but rather statistically insignificantly increased. However, the annual average price tended to increase compared with the price before the RHCC policy. It was not certain to conclude that it was the effect of the policy unless the effects of shifting in demand and supply, inflation as well as the foreign exchange rate had been removed.