<?xml version="1.0" encoding="UTF-8"?>
<mods xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.loc.gov/mods/v3" version="3.1" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-1.xsd">
  <titleInfo>
    <nonSort>The </nonSort>
    <title>dynamics of supply and demand in a market directed economy with application to the Bicol River Basin</title>
  </titleInfo>
  <name type="personal">
    <namePart>Vira Chankong</namePart>
    <role>
      <roleTerm authority="marcrelator" type="text">creator</roleTerm>
    </role>
  </name>
  <name type="personal">
    <namePart>Drew, Donald R.</namePart>
    <role>
      <roleTerm type="text">Chairperson</roleTerm>
    </role>
  </name>
  <typeOfResource>text</typeOfResource>
  <originInfo>
    <place>
      <placeTerm type="code" authority="marccountry">th</placeTerm>
    </place>
    <place>
      <placeTerm type="text">Bangkok</placeTerm>
    </place>
    <publisher>Asian Institute of Technology</publisher>
    <dateIssued>1974</dateIssued>
    <issuance>monographic</issuance>
  </originInfo>
  <language>
    <languageTerm authority="iso639-2b" type="code">eng</languageTerm>
  </language>
  <physicalDescription>
    <form authority="marcform">print</form>
    <extent>141 p.</extent>
  </physicalDescription>
  <abstract>One of the major difficulties that seems to plague the success of  any commodity production planning or a marketing planning is the long-term  fluctuation of commodity price and production. This fluctuation is caused by the 'two coupled negative feedback structure which underlies the dynamics of supply and demand interactions within a market directed economy. The vast complexity added to this basic "two- loops"  structure brings about the need for systematic approaches and dynamic planning for -efficient guidance and control of a market system. In this research, a dynamic simulation model characterizing the supply-demand interactions in a commodity market system is developed . using the systems dynamics approach. The Philippines rice market is  taken as the particular case study. The model is a possible extension of the Dynamic Commodity Cycle Model (MEADOW, 1970) with three types of marketing channels; government, cooperatives and middleman, incorporated.  Import and export are also included. The model is validated and various policies concerning price stabilization, import-export and retail-to-farm price margin are tested The utility of the model is that it can be used either as a mean for testing policies or as a forecasting device.</abstract>
  <note>A thesis submitted in partial fulfillment of the requirements for  the degree of Master of Engineering of the Asian Institute of  Technology, Bangkok, Thailand. </note>
  <note>Thesis (M.Eng.) - Asian Institute of Technology, 1974</note>
  <subject authority="lcsh">
    <topic>Commodity exchanges</topic>
  </subject>
  <subject authority="lcsh">
    <topic>Markets</topic>
    <topic>Philippine Islands</topic>
    <topic>Bicol River Basin</topic>
  </subject>
  <subject authority="lcsh">
    <topic>Economics</topic>
  </subject>
  <relatedItem type="series">
    <titleInfo>
      <title>Thesis ; no. 713</title>
    </titleInfo>
    <name type="corporate">
      <namePart>Asian Institute of Technology.</namePart>
      <namePart/>
    </name>
  </relatedItem>
  <identifier type="uri">http://203.159.5.9/ait-thesis/detail.php?q=B24226</identifier>
  <location>
    <url displayLabel="Full-Text">http://203.159.5.9/ait-thesis/detail.php?q=B24226</url>
  </location>
  <recordInfo>
    <recordCreationDate encoding="marc">070198</recordCreationDate>
    <recordChangeDate encoding="iso8601">20260818094323.0</recordChangeDate>
  </recordInfo>
</mods>
