Browsing by Resource Type
Now showing items 1-20 of 58
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A new approach to the business cycle and insights for the allocation of investment asset classes and sectoral stock return along the business cycle
; (National Institute of Development Administration, 2020)
Portfolio management strategy enables investors to reduce risk and maximize return. Investment in different stocks in equity market helps reducing non-systematic risk however systematic risk of portfolio obviously affected by macroeconomic conditions. Different stages of business cycle associates with changes in macroeconomic environment together with business sentiment and different market expectations which impact performance of specific asset classes in each stage. Equity in different stock sectors responses differently in various economic and ... -
A study on the impacts of the property market and the financial sector on the Thai economy
; (National Institute of Development Administration, 2011)
Even though the property and financial sectors do not occupy the highest proportion of the Gross Domestic Product (GDP), the difficulties that emerge from these sectors could lead to the most severe impacts on the entire Thai economy. This study thereby aims to analyse the impacts of the property market and the financial sector on the Thai economy, as well as to evaluate the impacts of government policy—the Thai Kem Keng program—on these sectors. The three models, including the Input-Output model, the Social Accounting Matrix (SAM) model, and the ... -
A welfare analysis of pollution control and FDI
; (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 ... -
A willingness to pay study of heritage interpretation : a case study of the historic city of Ayutthaya
; (National Institute of Development Administration, 2013)
In general, the contingent valuation studies applied to the valuation of cultural heritage sites are usually carried out for the purpose of physical conservation. However, to conserve the heritage site sustainably, heritage interpretation is one of the main factors that cannot be neglected. As a result, this study was conducted to elicit the value of the restoration and improvement of heritage interpretation (information board, exhibits, booklets, pamphlets, tourist guide services, etc.) with the selection of the Historic City of Ayutthaya ... -
Agricultural land abandonment in Thailand
; (National Institute of Development Administration, 2015)
Thai farmers' poverty stems from several factors such as falling crop prices, high input costs for crop production, shortage of cash for investment, erratic rainfall distribution and all types of land use problems such as landlessness, land rights, land infrastructure and land fragmentation. Although the government has implemented several legislative actions and programs to address these problems, Thai farmers remain largely poor and severe poverty is visible in the form of agricultural land abandonment. Therefore, studying the causes of ... -
An analysis of international tourism demand in Thailand
; (National Institute of Development Administration, 2011)
This study examines the factors that influence the behavior of international tourists in Thailand from an economic perspective. The focus is on the tourists from 6 regions, covering 25 countries of origin as the highest number of international tourist arrivals to Thailand. A number of important economic factors, income, price, and exchange rate, are studied regarding international tourism demand in the short-run and long-run by using the panel data model of the Generalized Method of Moment (GMM) method. The results of tourism demand in the short-run ... -
Analysis of corruption and foreign direct investment in Africa
; (National Institute of Development Administration, 2014)
This research seeks to formulate a theory relating FDI and corruption and empirically assess the aptness of this theory. This research seeks not only to establish that in general corruption has a negative impact on FDI inflow to Africa but also to show that there is a threshold referred to as the Corruption Tolerable Level of Investment (CTLI), below which corruption is expected to have a positive impact on FDI inflow to Africa. This research also seeks to deploy data on actual corruption to establish that corruption has a negative impact ... -
Bank competition and the linkage to stability and growth: international evidence and implication to Thailand
; (National Institute of Development Administration, 2017)
Over the past two decades, the impact of bank competition to financial stability as well as to economic growth has been the center of interest for both academicians and practitioners. The recent financial crises throughout the globe further exhibit the urgent need to conclude the relationship between (1) bank competition and financial stability and (2) bank competition and economic growth. This dissertation, therefore, attempts to fill in the literature gap of both competition-stability and competition-growth nexuses by using a sample of 81 ... -
Behavioral interventions for choice decisions: convenience and visibility interventions versus taste preference
; (National Institute of Development Administration, 2021)
Successful behavioral interventions to reduce the consumption of unhealthy food help lessen the burden of non-communicable diseases. In prior research, a conventional approach such as providing nutrition information could not overcome the “tasty” impact of unhealthy food. This study is a field experiment, conducting in a casual restaurant, designed to assess the effects of behavioral- and cognitively-oriented interventions on healthy meal choice. The interventions include convenience enhancement, visibility enhancement and a combination of the ... -
Competition and the bank lending channel : evidence from bank - level data in Thailand
; (National Institute of Development Administration, 2018)
This paper attempts to assess the degree of competition in Thailand’s banking system, and examine the evolutionary effect of bank regulations. Furthermore, this paper investigates how a change in competition can affect the monetary policy on bank lending channel in Thailand. This study employs panel data from ten commercial banks over quarterly time periods from 2001–2015. The competition variable is measured using the Lerner index. Bank regulations can be divided into four groups: (i) restrictions on banking activities, (ii) limitations on foreign ... -
Cryptocurrencies and traditional assets: the empirical study in dynamic linkages and portfolio optimization
; (National Institute of Development Administration, 2021)
The paper generates the top 5-coin index and the top 5-token index and treats them as the cryptocurrency price to investigate for three main objectives. First, it has to investigate the short-term dynamic spillover between cryptocurrency and main traditional assets. Second, it has to examine the fundamental characters of both coin and token by long-term relationships with other traditional assets, as well as forecasting price ability. Third, it has to analyze the asset allocation for the portfolio optimization approach by applying the dynamic ... -
Determinants of foreign direct investment location in China
; (National Institute of Development Administration, 2011)
The objective of this study was to empirically investigate the determinants that drive the foreign direct investment (FDI) distribution in China on regional level during 1998-2008 from fifteen sampling provinces, through the extensive literature review, as well as through four econometric analysis tools including the ordinary least square method, fixed effects model, random effects model and fixed effects model with interactive terms. This study examined eight potential determinants including 1) Provincial GDP, 2) Provincial trade openness, 3) ... -
Developing competency model of Theravada Buddhist Monks in Thailand
; (National Institute of Development Administration, 2013)
The sustainability of Buddhism in Thailand has been challenged from both internal and external factors. The problem has called for the Sangha actions in order for the monks to be able to perform their monastic roles more efficiently, to give services to lay people more fully and to win back their respect and faith in the Thai society. The question was “what are competencies for the monks in order to perform their six roles?” As a Buddhist human resource practitioner, the researcher saw the gap to which she could contribute. The research was ... -
Development of theoretical-based multidimensional learners' evaluation in Thai higher education : a case study of the National Institute of Development Administration
; (National Institute of Development Administration, 2013)
The main purpose of this study is to develop theoretical based multidimensional learners’ evaluation in Thai higher education, using the National Institute of Development Administration (NIDA) as a case study. Under the main purpose, this study was performed to identify the critical components that should be included in teaching and learning evaluation for the purpose of educational quality evaluation and the development of higher education in Thailand; to develop a framework for research to explain and predict the educational quality of higher ... -
Dynamics of poverty, inequality and Thai government provincial budget allocation
; (National Institute of Development Administration, 2014)
This dissertation examines the impact of government budget allocation (all inper capita unit) to inequality and poverty by single household level covered in 75provinces. The study is based on in-depth analysis the dynamic of governmentexpenditures and other factors such as inflation, gross provincial product (GPP) andunemployment to the two main welfare indicators (inequality and poverty). The studyapplied panel data analysis in provincial level. The study result shows thatgovernment budget allocations per capita from each ministry can alleviate ... -
Economic significance of work experience : evidence from Thailand
; (National Institute of Development Administration, 2020)
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 ... -
Enhancing the effectiveness of the policy design of Thailand's national parks using random utility model: case study of Khao Yai National Park
; (National Institute of Development Administration, 2016)
This dissertation consists of three self-contained essays dealing with three separate issues, based on the policy objectives and the methodologies used to approach them. The ultimate goal is to provide policy makers the necessary information for better informed decisions when designing environmental policies in the context of national parks (where Khao Yai National Park is used as a representative). -
Essays on credit risk measurement
; (National Institute of Development Administration, 2018)
This dissertation investigates the applications of the Merton KMV model with the conditional volatility (GARCH) to measure credit risk in Thailand. The thesis consists of three essays. First essays calculate the distance to defaults during Mar 2010 to Apr 2018 with various methods and check the validity of the data to provide warning indicator of the default in the 461 listed companies. Result show that Both Merton KMV and conditional volatility GARCH distance to default move with the same direction while conditional volatility GARCH distance to ... -
Essays on economic bubbles
; (National Institute of Development Administration, 2020)
The aim of this dissertation is to study the bubbles in the economy. There are two separated studies which are 1) “Testing the bubbles and the crashes of the asset prices: The evidence from the southeast Asian countries.” and 2) “Can government bond replace rational bubbles? The empirical investigation on Singapore and Thailand.” combined in this dissertation. For the long period of time, many economists try to find the detector for the existense and the crashes of the bubble. However, many of econometric models might distinquish the explosive ... -
Essays on leisure of the Thai people
; (National Institute of Development Administration, 2010)
This is a collection of essays on the leisure of the Thai people. The first essay, The Impact of Extra Income on Leisure: A Theoretical Foundation, develops the conceptual framework for exploring the individual’s leisure time allocation when his or her wages change. In the study, an individual’s income, as a part of budget constraints, is separated into two types, permanent and extra income. Permanent income is given for a fixed work time (for instance, a fixed monthly salary), while the extra income (for instance, overtime and bonus) depends on ...