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Spatial Dynamics and the Persistence of Inequality in Siam during 1782-1855 (in Thai)

Author

Listed:
  • Arayah Preechametta

    (Faculty of Economics, Thammasat University, Bangkok, 10200, Thailand.)

Abstract

This paper analyzes the problem of spatial inequality which covered farmers living in and outside the upper Chao Phraya basin during 1782-1855. The study period was before the signing of Bowring Treaty when Siam was transitionally trapped between subsistence and market economies. The study examines the impacts of critical social and economic settings on regional productivity differentiation in Siam. These settings included the rental scheme for state land, the state monopoly power over major foreign trades, risk diversification in transition economy, and the interaction between patron and peasant under the feudal system. The study gives a rough estimate of income gap among farmers living in and outside the upper Chao Phraya basin. Average income of farmers living in the upper Chao Phraya basin was in the range from 1.46 to 2 times higher than the average income of farmers living outside the upper Chao Phraya basin during that period.

Suggested Citation

  • Arayah Preechametta, 2014. "Spatial Dynamics and the Persistence of Inequality in Siam during 1782-1855 (in Thai)," Applied Economics Journal, Kasetsart University, Faculty of Economics, Center for Applied Economic Research, vol. 21(2), pages 1-29, December.
    • Handle: RePEc:aej:apecjn:v:21:y:2014:i:2:p:1-29
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    More about this item

    Keywords

    spatial inequality; subsistence economy; peasant; feudalism and patronage; moral hazard.;
    All these keywords.

    JEL classification:

    • N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East
    • N95 - Economic History - - Regional and Urban History - - - Asia including Middle East
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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