Journal of Economics Maejo University https://so10.tci-thaijo.org/index.php/ECONMAEJO_JOURNAL <table width="802"> <tbody> <tr> <td width="802"><strong>Purpose of the Journal</strong></td> </tr> <tr> <td width="802"> The journal aims to promote and disseminate academic and research works that are valuable for the development of economic knowledge and related fields, as well as to mediate the exchange of knowledge, theories and academic opinions in various dimensions such as development economics, political economics, agricultural and environment economics, corporate behavior, and cooperative systems. International tourism, social and community development, as well as management and management.</td> </tr> <tr> <td width="802"> The journal focuses on promoting and disseminating knowledge of economics to academic and social circles in order to develop and apply knowledge of economics appropriately. The aim is to have a positive impact on the community, society and the policy sector.</td> </tr> <tr> <td width="802"> </td> </tr> <tr> <td width="802"><strong>Types of work published in journals</strong></td> </tr> <tr> <td width="802"> Maejo University's Journal of Economics is open to publish academic articles and research related to economic science and related fields. The types of works that are considered are as follows:</td> </tr> <tr> <td width="802"> <p> <strong> 1. Research Article</strong> </p> <p> It is an article that presents a study or in-depth research on economic problems or issues that require academic answers. The conceptual framework, data collection, and analysis are systematically outlined. This creates valuable knowledge and can be applied academically and practically.</p> </td> </tr> <tr> <td width="802"> <p> <strong>2. Academic Article</strong></p> <p> It is an article that focuses on presenting ideas, theories, or analyzing and criticizing economic guidelines on various issues. It may be a synthesis of new knowledge or expanding the scope of the original knowledge in depth to create the development of economic knowledge and practical application.</p> </td> </tr> <tr> <td width="802"> Maejo University's Economics Journal is committed to providing a platform for disseminating economic knowledge and related fields to promote academic research and development to benefit society and academic circles on a large scale.</td> </tr> <tr> <td width="802"> </td> </tr> <tr> <td width="802"><strong>schedule the release of a journal</strong></td> </tr> <tr> <td width="802"> Maejo University's Journal of Economics is scheduled to be issued 2 times a year: </td> </tr> <tr> <td width="802"> No. 1 Between January and June<br /> No. 2 Between July and December</td> </tr> <tr> <td width="802"> </td> </tr> <tr> <td width="802"><strong>collection of publication fees</strong></td> </tr> <tr> <td width="802"> Maejo University Economics Journal (No publication fee is charged) for all types of articles, whether in Thai or English. However, the journal focuses on supporting the dissemination of knowledge in economics and related fields without any burden on authors. However, the articles submitted for review must be in the prescribed form and must undergo a quality evaluation process by qualified persons according to academic standards. The editorial department of the journal reserves the right to refuse to publish the articles in the following cases:</td> </tr> <tr> <td width="802"> 1. The article has more than 25% duplication of the content as a result of programming inspection in the ThaiJO system, also known as Copycatch.</td> </tr> <tr> <td width="802"> 2. The author did not follow the given pattern.</td> </tr> <tr> <td width="802"> 3. An article shall not be published if it has not been reviewed by a qualified person or the author has failed to make corrective actions according to the recommendations of the qualified person and the editorial staff within the prescribed period.</td> </tr> <tr> <td width="802"> Maejo University's Economics Journal is pleased to be a medium of dissemination of knowledge in economics, aiming for the development of knowledge and academic exchanges that benefit society and the academic circle as a whole.</td> </tr> <tr> <td width="802"> </td> </tr> <tr> <td width="802"><strong>the process of considering a journal</strong></td> </tr> <tr> <td width="802"> Maejo University's Journal of Economics accepts articles in both Thai and English in the form of Research and Academic Articles from academics, faculty, students, and interested people. The articles submitted for publication must never be published before and are not under consideration of other journals. All articles must meet the criteria of the journal and will be evaluated by At least two experts in related fields have passed the Double-blind peer review process to ensure quality and reliability of content.</td> </tr> <tr> <td width="802"> Opinions expressed in the article are the responsibility of the author and do not necessarily reflect the editorial staff's perspective. The journal does not reserve the copyright of copying, but requires accurate reference to the source.</td> </tr> </tbody> </table> <p> </p> คณะเศรษฐศาสตร์ มหาวิทยาลัยแม่โจ้ th-TH Journal of Economics Maejo University 2773-9414 TThe Economic Returns of Transplanting and Directed Seed Rice Production in San Sai District Chiang Mai Province https://so10.tci-thaijo.org/index.php/ECONMAEJO_JOURNAL/article/view/2390 <p>This study aimed to study the economic costs and returns of rice farmers who plant rice by transplanting and broadcasting in San Sai District, Chiang Mai Province. Data were collected from 175 rice farmers who planted rice by transplanting and 175 rice farmers who planted rice by broadcasting, totaling 350 people, using a structured questionnaire. The data were analyzed using descriptive statistics and analyzed for economic value using Budgeting Analysis. The results of the study on the costs and returns of rice production of farmers in San Sai District, Chiang Mai Province found that most of them were labor costs in the production process, especially the cost of soil preparation. The highest cost of production factors was the cost of fertilizer and soil conditioners. The seed cost of rice planting by transplanting method was lower than that of broadcasting method. However, rice planting by transplanting method required less chemicals to control weeds and pests than broadcasting method. However, the net profit to income ratio of rice planting was slightly lower than that of broadcasting method. The costs of the two groups of farmers were significantly different, but the net profit of rice production of the two groups of farmers was not significantly different.</p> อารีย์ เชื้อเมืองพาน Montri Singhavara อัศวิน เผ่าอำนวยวิทย์ Copyright (c) 2025 Journal of Economics Maejo University https://creativecommons.org/licenses/by-nc-nd/4.0 2025-06-25 2025-06-25 5 1 1 16 An Analysis of Commuters’ transport mode Selection: The case of Chiang Mai smart bus https://so10.tci-thaijo.org/index.php/ECONMAEJO_JOURNAL/article/view/2549 <p>To study about commuters’ use of Chiang Mai public bus, the result illustrated that most commuter is local students. In addition, income and accommodation around place of living are the factors which influence to frequency of use of public bus in a week. Time period when people travel most is at 08.00 am till 10.00 am. And there are different of commuters’ character each bus route, R1 route is the most travelled by student because there are some malls in the route while B3 route is most travelled by tourist due to the bus is heading to Chiang Mai airport. Most factors which commuters satisfied on public bus are bus physical, cleanliness, the way that driver driving, temperature on board and seat quality.</p> sasithorn yamngarm Siwarat Kuson Copyright (c) 2025 Journal of Economics Maejo University https://creativecommons.org/licenses/by-nc-nd/4.0 2025-06-25 2025-06-25 5 1 17 34 Factors That Affect Tourism Expenditure of Chinese Tourists in Mueang District, Chiangmai Province https://so10.tci-thaijo.org/index.php/ECONMAEJO_JOURNAL/article/view/2684 <p>The objective of this study aims to study the factors that affect the expenditure of Chinese tourists in Mueang District, Chiang Mai Province. For information from the interview of 150 Chinese tourists with questionnaires. Income is the most effective factors that affect tourism expenditure of Chinese tourists. If the tourist's income increases by 1,000 yuan, the expenditure of tourism will increase by 346 yuan per day. To persuade Chinese tourists to come to Chiang Mai government should disseminate tourism information to target groups. In this research, most of the tourists are own business. Therefore, should be promoted by focusing on private business people. There may be special privileges given to these people if they are traveling to Chiang Mai. And should focus on the development of natural attractions because results from the questionnaire, the two most favorite tourist attractions in Chiang Mai are natural attractions.</p> Thanawan Thumson Siwarat Kuson Copyright (c) 2025 Journal of Economics Maejo University https://creativecommons.org/licenses/by-nc-nd/4.0 2025-06-29 2025-06-29 5 1 35 52 Willingness to Pay for Soy Milk in Muslim Farming Communities in Southern Thailand https://so10.tci-thaijo.org/index.php/ECONMAEJO_JOURNAL/article/view/2704 <p>The objectives of this research were to study price and factors influencing the parents of farmer households’ readiness to purchase soy milk. 400 examples of the data collection in the province of Narathiwat based on the concept of Contingent Valuation Meth in Double Bounded CVM model in combination with Multinomial Logit Models. The result revealed that for 300 ml of soy milk, parents who were prepared to spend more would need to add 3.15 Baht. At a 95% confidence level, there were five factors influenced parents’ willingness to pay per 300 ml of soy milk: 1) number of children in the family, 2) education level, 3) household income, 4) price, and 5) marketing communications. There was a positive relationship with purchasing decisions. According to this study, soy milk may be successfully marketed to Muslims. Islamic parents were prepared to pay for messages received via various social media because they had an impact on their decision-making.</p> <p>&nbsp;</p> Narid Thaiburi Teerat Phubenyapong Somruedee Yorsin Jidapa Milinthangkun Parpitchaya Chintapitaksaku Copyright (c) 2025 Journal of Economics Maejo University https://creativecommons.org/licenses/by-nc-nd/4.0 2025-06-29 2025-06-29 5 1 53 68 The Influence of ESG Management and Financial Ratios on Financial Performance in the Tourism Sector : Evidence from the Stock Exchange of Thailand https://so10.tci-thaijo.org/index.php/ECONMAEJO_JOURNAL/article/view/2729 <p>Contemporary Business operations require the use of environment, society and governance (ESG) for achieving social acceptance and enhancing performance outcomes that supports long-term sustainability. This research aims to analyze the influence of ESG and financial ratios on the financial performance of tourism companies listed on the Stock Exchange of Thailand during 2020-2024. The results of the study from the quantile regression with panel data confirm that ESG has a positive influence on the financial performance of all levels of the company, with no difference between companies with low or high financial performance. It also found that all financial ratio variables have an effect on financial performance, especially the total asset turnover ratio and the debt-to-asset ratio. In addition, the COVID-19 outbreak has a clear negative influence on financial performance, especially companies with low financial performance levels that will be highly affected. Therefore, entrepreneurs should place importance on ESG and effective asset management with quality services, as these can help increase opportunities for revenue generation and sustainable growth in the tourism business.</p> Apiwat Ayusuk Chinnawat Kaewot Ketsaraporn Suttapong Copyright (c) 2025 Journal of Economics Maejo University https://creativecommons.org/licenses/by-nc-nd/4.0 2025-06-29 2025-06-29 5 1 69 94