A Turning Point for the Service Sector in Thailand
Koonnathamdee, Pracha | June 2013
Abstract
"This paper tests the hypothesis that the service sector is a growth engine in the Thai economy. While many developed countries maintain a positive association between the shares of the sector in output and per capita income, the opposite is true in Thailand. Using estimates from a fixed-effects model, the study confirms two waves of growth. In addition, total factor productivity and revealed comparative advantages are also discussed to determine the significant role of services and some service activities. "
Citation
Koonnathamdee, Pracha. 2013. A Turning Point for the Service Sector in Thailand. © Asian Development Bank. http://hdl.handle.net/11540/2315. License: CC BY 3.0 IGO.ISSN
1655-5252
Keywords
Macroeconomic
Macroeconomic Analysis
Performance Evaluation
Impact Evaluation
Economic indicators
Growth models
Gross domestic product
Macroeconomics
Economic forecast
Exports
Economic development projects
Economic policy
Economic forecasting
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Citable URI
http://hdl.handle.net/11540/2315Metadata
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