Factors Affecting Price of Cambodian Rice


Authors : Sophal Im, PhD

Volume/Issue : Volume 5 - 2020, Issue 11 - November

Google Scholar : http://bitly.ws/9nMw

Scribd : https://bit.ly/36Xw8Ni

Abstract : The purpose of this paper intends to identify and analyze the non-price factors affecting price. The food aid allocation programs depend on monetary values. The World Red Cross need monetary for supporting its program. The global food aid agencies will not meet their rice need for using in feeding program without a substantial increase in funding when rice price rise or the same amount of funding will buy less rice. The driving forces behind the price changing are the global food crisis which has not identified completely. The higher price is important factor to stimulate the higher production and the increase in price has significantly impacted on consumers both responding to the change in their price. Rice has been used as a sample being studied in Cambodia. Researcher gathered the annual data from the websites and the authority institutions (2005 to 2017) and interview with qualified person, millers, and farmers who living in Cambodia to gain knowledge and information about the rice price factor and the non-price factors. The statistic science test results indicated that both factors rice price and non-price have related. The non-price factors have explained the rice price change. The findings have fulfilled the previous gap. The model can estimate the rice price change and to use for managing those non-price factors effectively, efficiently.

Keywords : Cambodian rice price; Harvested area; Paddy product; Population size.

The purpose of this paper intends to identify and analyze the non-price factors affecting price. The food aid allocation programs depend on monetary values. The World Red Cross need monetary for supporting its program. The global food aid agencies will not meet their rice need for using in feeding program without a substantial increase in funding when rice price rise or the same amount of funding will buy less rice. The driving forces behind the price changing are the global food crisis which has not identified completely. The higher price is important factor to stimulate the higher production and the increase in price has significantly impacted on consumers both responding to the change in their price. Rice has been used as a sample being studied in Cambodia. Researcher gathered the annual data from the websites and the authority institutions (2005 to 2017) and interview with qualified person, millers, and farmers who living in Cambodia to gain knowledge and information about the rice price factor and the non-price factors. The statistic science test results indicated that both factors rice price and non-price have related. The non-price factors have explained the rice price change. The findings have fulfilled the previous gap. The model can estimate the rice price change and to use for managing those non-price factors effectively, efficiently.

Keywords : Cambodian rice price; Harvested area; Paddy product; Population size.

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