The Determinants of the Unsmoked Rubber Sheet Price in Thailand
Article Sidebar
Main Article Content
บทคัดย่อ
This study aims to identify and analyze the factors affecting unsmoked rubber sheet prices using a 60-month dataset from 2014 to 2018 and applying the Ordinary Least Squares (OLS) method. The variables examined include crude oil prices, exchange rates, rubber export quantities, crude palm oil prices, synthetic rubber prices, Thai rubber supply quantities, and Thai GDP. The findings indicate that crude oil prices, crude palm oil prices, and the quantity of Thai rubber supply have a significant impact on rubber sheet prices, with crude oil and Thai rubber supply showing a positive relationship, while Thai GDP exhibits a negative effect. The study’s contributions provide valuable insights that can guide policymakers, industry stakeholders, and businesses in making informed decisions regarding rubber prices.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
บทความนี้ได้รับการตีพิมพ์เป็นลิขสิทธิ์ของมหาวิทยาลัยราชภัฏเลย
เนื้อหาและข้อมูลในบทความที่ตีพิมพ์ใน วารสารนวัตกรรมการจัดการและบริหารธุรกิจ มหาวิทยาลัยราชภัฏเลย ถือเป็นความคิดเห็นและความรับผิดชอบของผู้เขียนบทความโดยตรง กองบรรณาธิการวารสารไม่มีส่วนในความคิดเห็นและความรับผิดชอบใดที่เกี่ยวข้องกับบทความดังกล่าว
References
Amadeo, K. (2017). Exchange Rates Explained. Retrieved from https://www.thebalance.com/what-are-exchange-rates-3306083
Assanee, N. (2011). The Analysis of Natural Rubber Export of Thailand into China. Bangkok University Research Conference (pp.279-288). Retrieved from https://www.researchgate.net/publication/324656341_karwikheraahkarsngxxkyangpharakhxngprathesthiysutladprathescin.
Bank of Thailand. (n.d.). Rubber plantations that do not have just rubber ... Farmers' solutions in the era of fluctuating rubber prices. Retrieved from https://www.bot.or.th/Thai/ResearchAndPublications/articles/Pages/Article_09Jul2019.aspx#
Basri, M. F., Jaafar, M. N., Hapka, M. S., & Muhamat, A. A, (2018). Determinants of the Price of Natural Rubber in Malaysia. The international journal of business & management, 6(12). Retrieved from https://www.researchgate.net/publication/330162829_Determinants_of_the_Price_of_Natural_Rubber_in_Malaysia
Boonnim, P. (2015). Situation About World Rubber and Thai Economy. LH Bank Economic Focus, 1–3. Retrieved from https://www.lhbank.co.th/Files/economic/economic_th_20170418181507.pdf
Cavalcanti, T. V., Mohaddes, K., & Raissi, M. (2015). Commodity Price Volatility and the Sources of Growth. Journal of Applied Econometrics, 30(6), 857–873. doi: 10.1002/jae.2407
Chemat, A. (n.d.). Determinants of Rubber Price in Thailand. Retrieved from http://repository.umy.ac.id/bitstream/handle/123456789/21783/12. Naskah Publikasi.pdf?sequence=12&isAllowed=y
Chowacharaensuk, C. (2019). Rubber Products Industries. Retrieved https://www.krungsri.com/bank/getmedia/2c557fe2-dee8-45aa-b57c-9b757ac4e131/IO_Rubber_190617_TH_EX.aspx.
Gresse, C. (2010). Multimarket Trading and Market Liquidity. Retrieved from http://carolegresse.com/medias/recherches/papiers-en-cours/multimarkettrading_liquidity_2.pdf.
Groenewald, J. A. (1985). South African Agriculture And Inflation Phenomena. Agricultural Economics Research, Policy and Practice in Southern Africa, 24, 30-36. doi: 10.1080/03031853.1985.9524041
Hasbrouck (1995). One Security, Many Markets: Determining the Contributions to Price 50(4): 1175-1199. Retrieved from https://www.jstor.org/stable/2329348?seq=1#page_scan_tab_contents.
Hasbrouck and Schwartz. (1988). Liquidity and Execution Costs in Equity Markets, Journal of Portfolio Management, 14(3): 10-16. Retrieved from https://jpm.pm-research.com/content/14/3/10.
Hayes, A. (n.d.). Demand Theory. Retrieved July 23, 2019, from https://www.investopedia.com/terms/d/demand_theory.asp
Khin, A., Chau, W., Yean, U., Keong, O., & Bin, R. (2017). Examine between Exchange Rate Volatility and Natural Rubber Prices: Engle-Granger Causality Test. International Journal of Economics and Financial Issues. Retrieved from https://www.researchgate.net/publication/321725879_Examining_between_Exchange_Rate_Volatility_and_Natural_Rubber_Prices_Engle-Granger_Causality_Test
Khin, A. A., Mohamed, Z., & Hameed, A. A. (2013). The impact of the changes of the world crude oil prices on the natural rubber industry in Malaysia. World applied sciences journal, 28(7), 993-1000. doi: 10.5829/idosi.wasj.2013.28.07.2507
Laili, N., Huey, A., & Harun, K. (2017). The Determinants of Natural Rubber Export in Malaysia. The 8th Hatyai National and International Conference (pp. 412–417). Retrieved from http://www.hu.ac.th/conference/conference2017/proceedings/data/05-1-Oral Presentation/6.Social Sciences/45-G7-3-080S-O(Nurul Idayu Binti Mohd.Laili).pdf
Lamchaek, R. (2013). Problem of Thai’s rubber: suggestion and solving. Journal of The Secretariat of the House of Representative, 3(18), 1-18. Retrieved from http://library.senate.go.th/document/Ext6342/6342001_0002.PDF.
Lertsiwanont, P. (2017). Factors Affecting Export Prices of Ribbed Smoked Sheet Rubber 3 at Port of Bangkok, Thailand. Retrieved November 12, 2019, from http://ethesisarchive.library.tu.ac.th/thesis/2017/TU_2017_5904010765_8283_7060.pdf
National Statistic Office. (n.d.). Important situations, trends, and strategies of the southern border provinces (Narathiwat, Pattani, Yala, Songkhla and Satun). Retrieved from shorturl.at/gkJOW/
Phisitsupakul, K. (2016). Rubber's situation in 2018 and prediction in 2019. Retrieved from https://www.bot.or.th/Thai/MonetaryPolicy/Southern/ReasearchPaper/Rubber situation in 2015 and Trend.pdf
Raju, K. (2016). Instability in natural rubber prices in India: an empirical analysis. Journal of economics and finance, 7(3), 24-28. Retrieved from http://www.iosrjournals.org/iosr-jef/papers/Vol7-Issue3/Version-3/C0703032428.pdf
Rubber Authority of Thailand. (n.d.). Giving out subsidies! Support new agriculture to replace rubber plantation, reduce risks, increase income, and create alternative careers for sustainability. Retrieved from http://www.rubber.co.th/mobile_detail.php?cid=386&nid=6531
Sadali, N. (2013). Determinant of Volatility Natural Rubber Price. Social Science Research Network. doi: 10.2139/ssrn.2276767
Tangketsiri, C., & Srisuttisaard, A. (2016, December 31). Factors Affect Rubber Price. Retrieved from http://utccmbaonline.com/ijbr/doc/(Edit)Id661-03-05-2017_14:01:09.pdf
Tangtavornchaikul, A. (2018). Economic factors affecting the price of rubber : Rubber prices of smoked sheet No.3 In Central Market Hat Yai, Songkhla. . UTCC Academic Day 2 (pp. 809-821), University of the Thai Chamber of Commerce, Bangkok, Thailand. Retrieved from http://eprints.utcc.ac.th/id/eprint/5885
Tunggasornsiri, C., & Srisutthisaaat, E. A. (n.d.). Factors affect price of rubber. Retrieved from http://utccmbaonline.com/ijbr/doc/(Edit)Id661-03-05-2017_14:01:09.pdf
Vinayan, A. K., Prasad, L. V., & Anuradha, P. S. (2019). Impact of Crude Oil Price Changes on Natural Rubber Industry in India. International Journal of Management, Technology And Engineering, 9(1), 291–301. Retrieved from http://www.ijamtes.org/gallery/38. jan 19ijamte - 1442.pdf