Now showing items 1-14 of 14

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    BEHAVIORAL APPROACH TO PORTFOLIO SELECTION 

    Kumnoon Narakornpijit; Pariyada Sukcharoensin (NIDA, 8/9/19)

    Behavior plays an important role in people’s decision making, for example, different decision making can occur during happy and unhappy time. Behavioral factors also affect the decision making in the investment that cause unreasonable decision making in many investment situations. Many behavioral theories have been developed to explain human’s behavior, which some of them are also applied to the investment. This research focuses on studying the portfolio investment in Thailand by two of the well-known theories for portfolio selection, which are ...
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    EARLY WARNING SYSTEM FOR REAL ECONOMY:A CASE STUDY OF THAILAND 

    Jeerawadee Pumjaroen; Preecha Vichitthamaros (NIDA, 8/8/20)

    The research aims to identify Composite Leading Indexes (CLIs) and develops the Early Warning System (EWS) by Partial Least Squares Structural Equation Modeling (PLS-SEM). The objective of EWS is to forecast the Economic Cycle (EC) in short-term, medium-term, and long-term periods. Data from Thailand during Q1/2003-Q4/2008 are applied to pursue the purposes. The research uses Real Gross Domestic Product (GDP) as a proxy for the Thai economy, which is the target variable that EWS aims to early signal. The indicators from various economic sectors ...
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    AN ECONOMIC EVALUATION OF ELECTRICITY FEED-IN-TARIFF IN THAILAND 

    Kaesinee Tharisung; Adis Israngkura (NIDA, 6/20/20)

    This research aims to estimate the economic loss from the Feed-in Tariff (FiT) policy and also proposes an appropriate purchase price for each energy source in power generation. The study employs data from IRENA, IEA, IPCC, EIA, EGAT, EPPO, ERC, CEIC, the World Bank, and the Bureau of Trade and Economic Indices from the first quarter of 1993 through the first quarter of 2019. Before determining an appropriate purchase price, a demand and supply curve is created by using the Seemingly Unrelated Regression (SUR) method and investigating the Marginal ...
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    ECONOMIC SIGNIFICANCE OF WORK EXPERIENCE: EVIDENCE FROM THAILAND 

    Kritsada Wattanasaovaluk; Suchittra Chamnivickorn (NIDA, 9/26/20)

    The decline in labor force due to a rapid transition of population structure to an aging society in Thailand has raised concerns over economic potential of the country and demanded urgent policies to tackle the labor reduction problem. Promoting elderly employment is a possible way of addressing the reduction in labor force, as current and future seniors tend to be healthy and highly educated. They can maintain human capital and remain productive even after retirement. Elders are highly experienced and this human capital enables them to work ...
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    EFFECT OF DOUBLE COLLEGE MAJOR (DEGREE) ON EARNING IN LAO PDR 

    Houngthida Phetsinorath; Suchittra Chamnivickorn (NIDA, 6/2/20)

    There are few studies on the effect of double major (degree) and most studies concentrate on high income countries (Russell, Dolnicar, & Ayoub, 2008; Del Rossi & Hersch, 2008). These studies have found the positive relationship between double major and employment as well as earning in Australia, Singapore, and U.S. A growing number of Laos students pursue double major. However, double major (degree) actually gives graduates greater employment opportunities and earning than single major graduates has not been fully understood. This study aims at ...
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    GEOGRAPHICAL DIFFERENCES IN THE EVOLUTIONARY PATTERN OF NEPALI NONGOVERNMENTAL ORGANIZATIONS AND NOT FOR PROFIT COMPANIES 

    Dipendra K C; Tippawan Lorsuwannarat (NIDA, 5/22/20)

    Nepal has a little over 54,000 registered Nongovernmental Organizations (NGOs)  and a little over 1,700 registered Not for Profit  Companies (NFCs). While the former types of organizations have existed a little over half a century, the later have a history of only fourteen years. The number of both types of organizations is on the rise; however, this rise is not even in the country. One in every three NGOs is registered within Kathmandu Valley and a similar trend persists among the not-for-profit companies. However, the phenomenon of organizational ...
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    THE IMPACT OF SAVING SCHEMES ON SAVING BEHAVIOUR: EVIDENCE FROM THAILAND 

    Siam Sakaew; Amornrat Apinunmahakul (NIDA, 9/11/20)

    Thailand has many compulsory saving schemes for income security at old age. A crucial question is whether how different saving schemes affect saving behavior of workers with different working status. Whether the dissimilar in saving is related to the observable characteristics of workers or is due to the effect of benefits in different saving schemes. It is essential to determine that compulsory saving schemes encourage formal workers to save more or discourage saving. At the same time, it must be determined whether informal workers who do not ...
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    INFLUENCE OF HUMAN CAPITAL ON RETIREMENT PREPARATION:EMPIRICAL EVIDENCE FROM THAILAND 

    Netnapit Rittisorn; Niramol Ariyaarpakamol (NIDA, 3/15/20)

    This study has two main objectives. The first objective is to compare the values of individual Human Capital Indices (HCIs) in different groups and different years. The second objective is to examine and support the components of the Human Capital Index that determine the preparation of the pre-retirement population in Thailand. This study uses secondary data from the National Statistical Office’s National Survey of Older Persons in Thailand from surveys conducted in 2011, 2014, and 2017. It also uses data such as the number of doctors per 1,000 ...
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    KNOWLEDGE AND UNDERSTANDINGOF THE PHILOSOPHY OF SUFFICIENCYECONOMY, BY APPLICATION OF THE PHILOSOPHYOF SUFFICIENCY ECONOMY IN PERSONALFINANCE MANAGEMENT AND THE RESULTSOF PERSONAL FINANCIAL MANAGEMENTOF NON-AGRICULTURAL PEOPLE 

    Rakpong Sansri; Montree Socatiyanurak (NIDA, 5/31/20)

    This article studied knowledge and understanding of the philosophy of sufficiency economy, by application of the philosophy of the sufficiency economy in personal financial management and the results of personal financial management of non-agricultural people. In the poverty-stricken provinces in each region are Amnat Charoen province, Chainat province, Pattani province and Mae Hong Son province. The number of samples is 400 samples for a total of 1,600 samples. This article were to study: 1) Analyze direct influences and indirect influences of ...
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    Predictive Price Model for Buy-Sell Bitcoin 

    Kingkamol Nokngam; Pachitjanut Siripanich (NIDA, 4/8/20)

    The objective of this research is to find a suitable model to forecast the price of buying and selling Bitcoin by using external factors that are related in the financial scope and five major groups of commodities, such as foreign exchange rates, safe assets, crude oil price, volume of buying-selling Bitcoin, stock price index and others. The bitcoin price data used is the daily data from January 1, 2016 to March 31, 2018 which the data will be analyzed by using different data stages. It is because the initial data used in the analysis is volatile ...
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    THE PUBLIC DEMAND FOR A DENGUE FEVER VACCINE: A CONTINGENT VALUATION SURVEY IN PHNOM PENH, CAMBODIA 

    Seyhak Khon; Udomsak Seenprachawong (NIDA, 9/22/20)

    Our study estimates the willingness to pay (WTP) for the dengue fever vaccination program at a national level in Cambodia. A double bounded format with an open-ended question was used in this to estimate the WTP. The contingent valuation method (CVM) scenario was created as a two-year dengue fever vaccination program. Two vaccine levels were used, one with 40% and another with 80% effectiveness, neither with any side effects. Three dose were required for full protection. We used 600-split sample survey in Phnom Penh, Cambodia of those aged 20 to ...
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    THE ROLE OF INSTITUTIONS IN ECONOMIC DEVELOPMENT AMONG DIFFERENT DEVELOPMENTAL LEVELS ​IN VIETNAM 

    Han Nu Ngoc Ton; Prapon Sahapattana (NIDA, 3/5/20)

    The world has witnessed remarkable development in Vietnam after the Vietnam War since the implementation of the Doi Moi Policy in 1986. The dissertation used a mixed method approach to explore the development in Vietnam. Initially, a developmental taxonomy was built to identify different developmental levels in Vietnamese provinces. Subsequently, panel regression was used to prove the causal relationship between institutional factors and economic development. In this stage, the study contributed a new argument for New Institutional Economics ...
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    Thermodynamics Formulation of Economics 

    Burin Gumjudpai; Yuthana Sethapramote (NIDA, 1/10/20)

    We consider a group of information-symmetric consumers with one type of commodity in an efficient market. The commodity is fixed asset and is non-disposable. We are interested in seeing if there is some connection of thermodynamics formulation to microeconomics. We follow Carathéodory approach which requires empirical existence of equation of state (EoS) and coordinates before performing maximization of variables. In investigating EoS of various system for constructing the economics EoS, unexpectedly new insights of thermodynamics are discovered. ...
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    TIME-VARYING RELATION BETWEEN CORPORATE GOVERNANCE AND EXPECTED STOCK RETURN 

    Yosuke Kakinuma; Kridsda Nimmanunta (NIDA, 7/23/19)

    This paper provides the following three novel findings to the literature. First, the effects of the corporate governance ratings on stock returns are inconstant, non-liner, and time-varying over the long-run. Second, by taking advantage of the time-varying characteristics of expected returns from the quality of corporate governance, an optimal investment strategy with adaptation of Markov switching model is developed. Third, incorporation of style switching strategy with value premium in recessions and momentum premium in expansions improves ...