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Analysis of Factors Influencing Rice Export in Thailand Based on Gravity Model
Last modified: 2021-09-09
Abstract
This study analyzes the factors that influence rice exports in Thailand and the destination country of the importer. The purpose of this study is to analyze what factors influence rice exports in Thailand by analyzing several influential variables, including importers' GDP, exporters' GDP, distance, international rice prices, production and exchange rates using the gravity model approach and panel data regression method with Random Effect Model (REM). The results show that importers' GDP has a positive effect of 0.73%, exporters' GDP has a negative effect of 0.98%, international prices have a negative effect of 1.37%, rice production in importing countries has a negative effect of 0.23%, the real exchange rate has a positive effect of 0.73% and distance has a negative effect. by 0.37%.
Keywords
Agriculture; Rice; International Trade; Ekspor; Gravity Model