IDEAS home Printed from https://ideas.repec.org/a/sae/globus/v22y2021i6p1362-1374.html
   My bibliography  Save this article

Effects of Paddy Price Intervention on the Rice Mill Business: A Case Study of the Paddy Pledging Programme in Thailand

Author

Listed:
  • Nuntana Udomkit
  • Pornthip Yungvisessuk
  • Claus Schreier

Abstract

This article explores the effects that Thailand’s controversial paddy pledging programme had on Thailand’s rice mill business and offers some managerial suggestions to deal with the programme. The programme was introduced during 2011–2014 to offer farmers a premium-guaranteed price for their crops. However, there was little discussion about the programme’s effects on the rice mill business, and how the mills had adapted their business model to meet the abrupt changes in demand and supply conditions. A case study of two rice mills in the Phu Sang district, Pha Yao Province, Thailand, was chosen as subjects for this study. One mill participated in the government’s paddy pledging programme, and the other did not. In-depth interviews were conducted with the rice mills management teams to explore the effects of the paddy pledging programme; to understand the mills’ motivations to participate or not participate the paddy pledging programme; to see how the mills adapted their business strategies to the drastic changes that occurred in the rice business environment and to draw key managerial and policy implications.

Suggested Citation

  • Nuntana Udomkit & Pornthip Yungvisessuk & Claus Schreier, 2021. "Effects of Paddy Price Intervention on the Rice Mill Business: A Case Study of the Paddy Pledging Programme in Thailand," Global Business Review, International Management Institute, vol. 22(6), pages 1362-1374, December.
    • Handle: RePEc:sae:globus:v:22:y:2021:i:6:p:1362-1374
    DOI: 10.1177/0972150919854940
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0972150919854940
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0972150919854940?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Isvilanonda, Somporn & Bunyasiri, Isriya, 2009. "Food Security in Thailand," ARE Working Papers 284030, Kasetsart University - Department of Agricultural and Resource Economics.
    2. Somchai Jitsuchon, 2006. "Sources and Pro-Poorness of Thailand's Economic Growth," Macroeconomics Working Papers 21961, East Asian Bureau of Economic Research.
    3. Risti Permani & David Vanzetti, 2016. "Rice mountain: assessment of the Thai rice pledging program," Agricultural Economics, International Association of Agricultural Economists, vol. 47(3), pages 273-284, May.
    4. Somporn Isvilanonda & Isriya Bunyasiri, 2009. "Food Security in Thailand: Status, Rural Poor Vulnerability, and Some Policy Options," Working Papers 200901, Kasetsart University, Department of Agricultural and Resource Economics.
    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. Peter R. Berti & Rachelle E. Desrochers & Hoi Pham Van & An Lê Văn & Tung Duc Ngo & Ky Hoang The & Nga Le Thi & Prasit Wangpakapattanawong, 2016. "The process of developing a nutrition-sensitive agriculture intervention: a multi-site experience," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 8(6), pages 1053-1068, December.
    2. Sina Xie & Orachos Napasintuwong, 2014. "Review of Rice Policies in China, Thailand and Vietnam," Working Papers 201403, Kasetsart University, Department of Agricultural and Resource Economics.
    3. Astrud Lea Beringer & Jutamas Kaewsuk, 2018. "Emerging Livelihood Vulnerabilities in an Urbanizing and Climate Uncertain Environment for the Case of a Secondary City in Thailand," Sustainability, MDPI, vol. 10(5), pages 1-22, May.
    4. Belesky, Paul, 2016. "Rice, politics and power: the political economy of food insecurity in East Asia," Thesis Commons hn264, Center for Open Science.
    5. Kaittisak Kumse & Nobuhiro Suzuki & Takeshi Sato, 2020. "Does oligopsony power matter in price support policy design? Empirical evidence from the Thai Jasmine rice market," Agricultural Economics, International Association of Agricultural Economists, vol. 51(3), pages 373-385, May.
    6. Song, Xiaoqing & Wang, Xiong & Li, Xinyi & Zhang, Weina & Scheffran, Jürgen, 2021. "Policy-oriented versus market-induced: Factors influencing crop diversity across China," Ecological Economics, Elsevier, vol. 190(C).
    7. Charoenratana, Sayamol & Shinohara, Chika, 2018. "Rural farmers in an unequal world: Land rights and food security for sustainable well-being," Land Use Policy, Elsevier, vol. 78(C), pages 185-194.
    8. Hoang, Hoa T.K. & Thompson, Wyatt & Kwon, Sanguk, 2021. "Low-Income Household Food Consumption Consequences of Rice Policy and Pandemic Impacts on Income and Price in Thailand," Journal of Food Distribution Research, Food Distribution Research Society, vol. 52(2), July.
    9. Mohammad Hasan Mobarok & Wyatt Thompson & Theodoros Skevas, 2021. "COVID-19 and Policy Impacts on the Bangladesh Rice Market and Food Security," Sustainability, MDPI, vol. 13(11), pages 1-18, May.

    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:sae:globus:v:22:y:2021:i:6:p:1362-1374. 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: SAGE Publications (email available below). General contact details of provider: http://www.imi.edu/ .

    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.