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โครงการหนังสืออิเล็กทรอนิกส์ด้านการเกษตร เฉลิมพระเกียรติพระบาทสมเด็จพระเจ้าอยู่หัว






                                                           ABSTRACT

                              This study analyzes the following issues: (1) the effect of aging society on farm

                       production including land fragmentation, livelihood diversification, land abandonment,

                       and technical efficiency, and (2) the decomposition of income inequality and the
                       causes of inequality. The panel data of rural households obtained from the Townsend

                       Thai Project from 2000-2017 were used.

                              For the first part, aging society resulted in a decrease in land fragmentation,

                       livelihood diversification, land abandonment, and technical efficiency. The results from

                       stochastic frontier model show that the average of efficiency grew at rate much slower
                       than  that  of  farm  productivity.  Surprisingly,  higher  degree  of  land  fragmentation

                       improved efficiency when more plots of similar size were cultivated. Efficiency also
                       improved  if  farmers  held  higher  share of  rented-in  land  or  engage  in  more  farm

                       activities. Off-farm income negatively affected efficiency possibly due to misallocation

                       of fund towards farm investment. The average of technical efficiency was relatively
                       low but highly variable during periods described by high degree of government farm

                       price/income interventions. However, the results from quantile regression indicates
                       that  aging  had  no  impact  on  the  technical  efficiency  of  those  whose  technical

                       efficiency were above the 50  quantile.
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                              For  the  second  part,  the  study  shows that  income  inequality among Thai

                       farmers has decreased throughout the study. The reduction in inequality stems from

                       lowering incomes per household of the top 20th percent income group together with
                       a slight increase in the income of the remaining lower-income groups. However, various

                       indices that used to measure inequality still exhibit inequality at a high level while the

                       bottom-income  group  has  the  highest  share  of  aging  households.  Also,  income
                       inequality was found to occur among the elderly themselves more than between age

                       groups.  Although,  there  exists  an  evidence  of households’  class mobility  through
                       transitions  of  income,  asset  holding,  and  land  holdings  over  the  more  extended

                       periods, the opportunity to advance through the higher hierarchy of asset ownership

                       and land holding is less likely. Furthermore, household heads’ age and its cohort have
                       a statistically significant effect on income inequality to the extent that the cohort

                       “Greatest/Silent generation” appeared to show more degree of inequality. Selected








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