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Factors Influencing the Lao PDR Import Value of Processed Agricultural Products from Thailand by Thanet Wattanakul, Mallinga Sompholkrang et al

This study investigates the impact of the Lao macroeconomic factors of real gross domestic product, the Openness Index, and exchange rate between the Thai and Lao currencies on the Lao import value of agricultural processed products from Thailand. Using product classifications and data from the International Trade Centre, this research examined the total import value (IM) and value of the imported product categories of sugar (HS17), flour (HS19), miscellaneous edible preparations (HS21), beverages (HS22), and animal fodder (HS23) (as dependent variables). The analysis employed the Autoregressive Distributed Lag approach, and the Vector Error Correction Model was applied to analyze the level relationship and test causal relationships among variables by using quarterly time series data from Q1 2012 to Q3 2021. Results show long-run and short-run relationships between GDP and both IM and HS17, but only a long-run relationship with HS22 and a short-run effect on HS19. Following the effects

Indonesia is the world s largest seaweed producer but why are prices so volatile?

This research was funded by the Australian Government through the Australia-Indonesia Centre under the PAIR Program

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