This study employed the Markov-switching model by divided into 2 sections. Section 1, applying Markov-switching model for estimating the expected return, variance, and covariance of the investment portfolio including large ...

This research has the purpose to 1) examine local food festival market segmentation of tourists to local food festival in Phuket, Thailand, 2) investigate the underlying factors of perceived value and experience economy ...

This study examines the impact of digital technology on economic volatility, also known as the business cycle, by using a famous methodology called the DSGE model. Two major models are constructed, namely the baseline ...

This research investigates the significance of cognitive skills and socio-emotional skills in explaining wage variability in less-developed countries such as Lao PDR. The analysis is using an expanded Mincerian model based ...

The COVID-19 pandemic has caused a heavy blow to Thailand's economy, particularly the tourism industry. Although Thailand has lifted almost all entry controls, there is still a long road to tourism recovery. As the largest ...

As the level of financial combination and liberalization increased considerably in the 1990s, the number and market share of foreign banks in Lao PDR has increased rapidly. The purpose of this thesis is to estimate the ...

This dissertation consists of two independent essays in macroeconomics. The first essay examined environmental policy and convexity of climate change damage functions while the second one analyzed the impact of Covid-19 ...

The attitude of local residents towards organizing local tourism festivals is crucial to the development of a place. This paper uses quantitative analysis methods to study the perception and attitude of residents in Miyi ...

Policies to encourage economic development are different in different regions. Studies at home and abroad show that the financial development level and local GDP output value are relatively high in places with a high ...