The Regional Distribution of Foreign Direct Investment in Thailand: A Partial Stock Adjustment Provincial-Level Model
Proceeding: 13th International Academic Conference (IAC)Publication Date: 2014-09-15
Authors : Wattanadumrong Bhagaporn;
Page : 674-674
Keywords : Regional foreign direct investment; production zones; cluster orientations;
Abstract
This paper analyses Regional Foreign Direct Investment (FDI) in Thailand which is to identify using a panel dataset for 76 provinces over the period 1985-2012. The work is considered to develop a partial stock adjustment model which shows that there are some variations existing in the equilibrium FDI stocks of the regions of Thailand between 1985 and 2012, whereas it appears that there is a convergence among zones in each region of the country as can be seen in the deviation of actual FDI stock from equilibrium stock over time. A partial stock adjustment model is then developed following Chen and Kwan (2000) to help investigate the level of regional convergence in capital stocks arising from FDI. The model implies that investment authorities should implement policies to potentially FDI stocks either by production zones or clusters orientations.
Other Latest Articles
- Economic regionalism and FDI inflows in the ASEAN region
- China challenges to America: An Economic and Cultural Perspective
- The automotive industry regional development challenges in Central and Eastern Europe
- Students’ Language Mistakes and Effective Teaching Strategies
- Consumers´ Information Search Behavior on Wholesome Nutrition and their Attitudes towards Health Products; A Field Study from Eskisehir, Turkey
Last modified: 2015-03-07 20:38:17