Browsing by Author "Santi Chaisrisawatsuk"
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A welfare analysis of pollution control and FDI
Kanthasat Boontem; Santi Chaisrisawatsuk (National Institute of Development Administration, 2017)
Foreign Direct Investment (FDI) inflows to the host country can drive economic growth especially in developing countries. It is then the strategic planning of such a host country to create a roadmap appealing to these foreign interests. Several policies are then looked at, whereby host countries would implement them in order to attract and leverage these FDI inflows into their economies. On the other hand, when we consider how companies look at their expenditures in terms of overall cost minimization, foreign investors are looking to regions with ... -
Relationship between financial and real sectors: implications for stable economic development [evidence from Thailand]
Khalil, Muhammad Azhar; Santi Chaisrisawatsuk (National Institute of Development Administration, 2018)
Economic real sector is essential for growth and development as its activities persuade progress of economic output. The sector generates better outcomes if it is accompanied with a healthier financial system; thus, advancement of financial sector is a means for the growth of real sector. This study reexamine the relationship between financial and real sectors of Thailand with the volatility analysis of GDP caused by development of financial market. The GARCH Model, Johansen-Juselius (1990) co-integration test, and vector error correction model ... -
Relationship between financial and real sectors: implications for stable economic development [evidence from Thailand]
Khalil, Muhammad Azhar; Santi Chaisrisawatsuk (National Institute of Development Administration, 2018)
Economic real sector is essential for growth and development as its activities persuade progress of economic output. The sector generates better outcomes if it is accompanied with a healthier financial system; thus, advancement of financial sector is a means for the growth of real sector. This study reexamine the relationship between financial and real sectors of Thailand with the volatility analysis of GDP caused by development of financial market. The GARCH Model, Johansen-Juselius (1990) cointegration test, and vector error correction ... -
Scale economies and the potential gain from local amalgamation in Thailand
Kobkan Panphong; Santi Chaisrisawatsuk (National Institute of Development Administration, 2020)
Local government policies have been strongly linked to the principles of subsidies and decentralization in Thailand since 1997. The distribution model for local government organizations is linked to the suitability or need for change, which often depends on the economic efficiency and size of the local government organization in terms of population, i.e. economies of scale. This study contributes to the discussion on economies of scale under the conditions of Thai local administrative organizations based on the Cobb-Douglas production function ...