Permani, Risti; Vanzetti, David - Australian Agricultural and Resource Economics Society … - 2014
In 2011 the Thai Government pledged to pay rice producers 50 per cent more than the going market price. The surplus has … that the policy has in fact depressed world prices and the Government has a mountain of rice to dispose of. Furthermore … rice policy options using a dynamic, stochastic, ten-region, partial equilibrium model of world rice trade. While the Thai …