Soontaranurak, Kittikorn; Dawson, P.J. - In: Journal of Developing Areas 49 (2015) 2, pp. 23-38
This paper estimates the acreage supply response of natural rubber in Thailand using cointegration methods. Results show that a unique long-run relationship exists between area planted, the rubber price and the replanting subsidy, and the rubber price is weakly exogenous. The short-run own price...