IDEAS home Printed from https://ideas.repec.org/a/ibn/assjnl/v14y2018i1p169.html
   My bibliography  Save this article

Sustainability and Competitiveness of Thailand’s Natural Rubber Industry in Times of Global Economic Flux

Author

Listed:
  • Palapan Kampan

Abstract

This study assesses economic, legal, and environmental conditions that Thai rubber farmers face, and evaluates actions they can take to increase incomes. Statistical analyses determine relationships between prices of oil, natural and synthetic rubber. Pearson correlation tests found a strong positive relationship (r = 0.887) between the price of Brent crude and Thai ribbed smoked sheets, and a moderate positive relationship between price changes in Brent and synthetic rubber (r = 0.648). Regression analysis showed Brent oil price is a good predictor of natural rubber prices. Moderate to strong positive relationships were also found between natural rubber price and gross domestic product of Japan, China, and the United States. Criminal antitrust behavior in rubber industries appeared to interfere with normal pricing in rubber markets. No significant bivariate correlation was found between rainfall in Thailand and natural rubber price, production, or export although flooding and other environmental issues clearly affected rubber farms. A survey of options showed Thai rubber farmers can improve livelihoods best through collective purchase and use of new technologies, and by integrating into downstream supply chain industries. At very least, farmers are urged to abandon monocrop methods and supplement incomes with fruit, fish, livestock, or pigs. stment budget, 2) architectural Aesthetic, and 3) utilization. Additionally, background of the interviewees is one of reinforcing factors for decision on universal design investment.

Suggested Citation

  • Palapan Kampan, 2018. "Sustainability and Competitiveness of Thailand’s Natural Rubber Industry in Times of Global Economic Flux," Asian Social Science, Canadian Center of Science and Education, vol. 14(1), pages 169-169, January.
    • Handle: RePEc:ibn:assjnl:v:14:y:2018:i:1:p:169
    as

    Download full text from publisher

    File URL: https://ccsenet.org/journal/index.php/ass/article/download/71854/39850
    Download Restriction: no
    File URL: https://ccsenet.org/journal/index.php/ass/article/view/71854
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. James W. Murray, 2016. "Limitations of Oil Production to the IPCC Scenarios: The New Realities of US and Global Oil Production," Biophysical Economics and Resource Quality, Springer, vol. 1(2), pages 1-13, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Graham Palmer, 2018. "A Biophysical Perspective of IPCC Integrated Energy Modelling," Energies, MDPI, vol. 11(4), pages 1-17, April.
    2. Sahar Safarian & Sorena Sattari & Zeinab Hamidzadeh, 2018. "Sustainability Assessment of Biodiesel Supply Chain from Various Biomasses and Conversion Technologies," Biophysical Economics and Resource Quality, Springer, vol. 3(2), pages 1-15, June.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:assjnl:v:14:y:2018:i:1:p:169. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.