Flow Analysis and Price Elasticity Assessment of Thai Jasmine Rice in the Logistics System Using Mathematical Models

This research focuses on the flow analysis and price elasticity assessment of Thai jasmine rice in the logistics system using mathematical models. The study aims to understand the movement of rice from producers to consumers and the impact of price changes on supply and demand within a complex distribution network. The research uses linear regression models and elasticity calculations to identify key nodes and paths in the logistics system that significantly affect rice distribution and pricing. The findings highlight the responsiveness of rice supply and demand to price changes, emphasizing the role of key distribution nodes. These insights are crucial for improving production, logistics management, and pricing strategies to enhance the competitiveness of Thai jasmine rice in the global market. The research concludes with recommendations for improving the efficiency and sustainability of the logistics network for Thai jasmine rice.

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Publication Details

Journal
Lobachevskii Journal of Mathematics
Published
2025-04-01
DOI
https://doi.org/10.1134/s1995080225606447
Primary Topic
Global Trade and Competitiveness
Type
article
Field-Weighted Citation Impact
0.00
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article

Flow Analysis and Price Elasticity Assessment of Thai Jasmine Rice in the Logistics System Using Mathematical Models

Wararit Panichkitkosolkul, Andrei Volodin, Wichai Witayakiattilerd, Jirabhorn Yamkleeb
Lobachevskii Journal of Mathematics
Global Trade and Competitiveness
article

Flow Analysis and Price Elasticity Assessment of Thai Jasmine Rice in the Logistics System Using Mathematical Models

Wararit Panichkitkosolkul, Andrei Volodin, Wichai Witayakiattilerd, Jirabhorn Yamkleeb
article en

Abstract

This research focuses on the flow analysis and price elasticity assessment of Thai jasmine rice in the logistics system using mathematical models. The study aims to understand the movement of rice from producers to consumers and the impact of price changes on supply and demand within a complex distribution network. The research uses linear regression models and elasticity calculations to identify key nodes and paths in the logistics system that significantly affect rice distribution and pricing. The findings highlight the responsiveness of rice supply and demand to price changes, emphasizing the role of key distribution nodes. These insights are crucial for improving production, logistics management, and pricing strategies to enhance the competitiveness of Thai jasmine rice in the global market. The research concludes with recommendations for improving the efficiency and sustainability of the logistics network for Thai jasmine rice.

Lobachevskii Journal of MathematicsVol. 46(4)
Thammasat University (TH), University of Regina (CA)
Openalex Percentile: Top 68%
Global Trade and Competitiveness
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