ABSTRACT
The rice export premium tax 1 has been the subject of an ongoing debate in Thailand for the last two decades. 2 It has also attracted attention from several economists, particularly as far as its incidence on the agricultural sector is concerned. 3 The influence of the premium as a stabilising device for domestic rice prices has not been as thoroughly or systematically investigated. This paper attempts to analyse in detail rice price stabilisation policies in Thailand, with special reference to the export premium, during the period 1956–74.
