Efficiency in Agricultural Market and Benefit to Farmers: Symmetric Price Transmission of Major Crops in Thailand
Efficiency in Agricultural Market and Benefit to Farmers: Symmetric Price Transmission of Major Crops in Thailand
Efficiency in Agricultural Market and Benefit to Farmers: Symmetric rice Transmission of Major Crops in Thailand
This project intends to explore new technique in addition to existing method. The proposed methods include extended VAR-VEC and extended GRM. These extended models are applied to analyse degree of market integration/efficiency of major economic crops: rice, cassava, maize, rubber and oil palm. Specific objectives are:-
1. Analyse market situation and mechanism of price discovery of selected commodities
2. Analyse market integration of the selected commodities
3. Explore statistical techniques to augment VAR-VEC and or QRM appropriate for empirical analyse of selected commodities