The relationship of agricultural growth, price, wages and poverty reduction of Thai rice farmers

Abstract

In recent years Thai population has increased year by year, this would also increase the demand for food as well. The sources of those foods come from agriculture. Agricultural production has been a great interest to economists studying the process of development and growth. There are many types of agricultural productivity which are interesting, I would like to focus specifically on rice which is the major economic crop in Thailand and have the largest farm area. The objective of this study is to study the relationship of agricultural growth by considering the relationship between productivity with price, wage and poverty of rice’s farmer in Thailand by comparing descriptive statistic including imply economic theory. The result of the study found that if considering the relationship from descriptive statistic for productivity with price, wages and poverty. There is not enough evidence with scientific number to make a conclusion about the positive or negative relationship of the variables. So, putting more variable related with these variables into the equation to make correlation and regression analysis is the suggestion for further study.