Benign growth: Structural transformation and inclusive growth in Thailand

Peter Warr and Waleerat Suphannachart ()

No wp-2020-46, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Between 1981 and 2017, real gross domestic product in Thailand grew at an average annual rate of 5.7 per cent. Agricultural output grew more slowly than industry or services, and its gross domestic product share consequently declined. Industry's gross domestic product share increased, and the share of services remained relatively constant. Agriculture's employment share declined, but most new jobs were in services. Concurrently, poverty incidence declined dramatically.

Keywords: Inclusive growth; Inequality; Poverty reduction; Structural transformation; Thailand (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/Publ ... er/PDF/wp2020-46.pdf (application/pdf)

Related works:
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:unu:wpaper:wp-2020-46

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().