EconPapers    
Economics at your fingertips  
 

Analysing the Sources of Growth in an Emerging Market Economy: The Thailand Experience

Sin-Yu Ho ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper investigates the sources of economic growth in Thailand during the period 1975 to 2014. The results show that, in the long run, human capital and inflation exert a positive and significant impact on output, while foreign direct investment and foreign aid have negative and significant impact on output. The results also show that, in the short run, physical capital, labour and human capital have a positive and significant impact on growth, while the initial level of human capital, government expenditure, the initial level of inflation, foreign direct investment and foreign aid have a negative and significant impact on growth. Based on these findings, we offer some policy implications.

Keywords: sources of growth; Thailand; ARDL bounds testing (search for similar items in EconPapers)
JEL-codes: C22 O47 O53 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gro and nep-sea
Date: 2018-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/86337/1/MPRA_paper_86337.pdf original version (application/pdf)

Related works:
Journal Article: Analysing the sources of growth in an emerging market economy: the Thailand experience (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:86337

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2019-09-08
Handle: RePEc:pra:mprapa:86337