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NATIONAL UNIVERSITY - HCMC INSTITUTE OF SOCIAL STUDIES COLLEGE OF ECONOMICS THE HAGUE VIET NAM THE NETHERLANDS VIETNAM - THE NETHERLANDS PROJECT ON DE.VELOPMENT ECONOMICS THE RESPONSE OF FARMERS TO PRICE INCENTIVES IN SUGAR-CANE PRODUCTION IN THE SOUTH OF VIETNAM A thesis submitted in pa_rtial �lfillment o! the requirements for the degree of MASTER OFARTS IN ECONQMICS OF DEVELOPMENT BY NGUYEN THANH NHAN HO CHI MINH CITY, DECEMBER 1997 71 VND subsidized of the government would generate a positive return to farmers as·well as society in almost these price policies, except the case of fertilizer The cost effective�ess of these input price policies are greater ·- - ' than the output price policy However, the output price policy are in favor _ of the government because this policy· would provide the highest incentive to farmers to increase the level use of input factors and output supply in the market \ ! 72 CHAPTERS SUMARY AND CONCLUSION This chapter will provide an overview of the study through summari�g these e�pirical results and discussions presented in the previous chapters Conclusion and reco�endations are drawn to �uggest some appli�ations and further researches·in developing the s�gar'."cane industry 5.1 SUMMARY \ This study focus on the sugar-cane cultivation in the South of Viet nam, ' • > especially the response of farmers to price incentive in sugar-cane cultivation The main points of this study are summarized as follows : - Sugar-cane can grow in all different ecological regions in Viet nam However, the fluctu�tion of the sown area has occurred in the previous \ - , period The rapid expansion of sown area under sugar-cane occurred up t