Social and Behavioral Sciences Commons^™

The Determinants Of Unemployment Rate: The Case Of Thailand, Wasamon Posrie

Chulalongkorn University Theses and Dissertations (Chula ETD)

This study aimed to analyze factors that affected the unemployment rate in Thailand during 2011 to 2021, including inflation rate, real GDP growth rate, real gross fixed capital formation, real exports of goods and services, the dummy variables of year quarters and the dummy variable of COVID-19 by utilizing ordinary least square (OLS) method on the quarterly time series data from Q1:2011 to Q3:2021 from BOT, MOC, and NESDC. The results revealed that the predictor variables significantly produced an effect on the unemployment rate up to 59.2%. Only three predictors produced significant effects on the unemployment rate: inflation rate and …

How Kerry Express Becomes Thailand’S No.1 Non-Governmental Parcel Delivery Company: A Case Study Of Kerry Express, Polyos Kulvichien

Chulalongkorn University Theses and Dissertations (Chula ETD)

The primary goal of this research is to evaluate how Kerry Express becomes Thailand’s No.1 non-governmental parcel delivery company. For investigation, the author studies the history of the parcel delivery industry in Thailand and Kerry Express’s success factors. Kerry entered to Thailand in 2006, but the firm just started to expand its parcel delivery business in 2014 after the market liberalization in 2013 and in fact the first private firm to offer parcel delivery service to the C2C segment in the country. Thailand's parcel delivery industry was formerly monopolized and dominated by Thailand Post for many decades; the organization was …

The Impact Of Covid-19 On Exchange Rate: Evidence Through Thai Baht, Sitang Ketloi

Chulalongkorn University Theses and Dissertations (Chula ETD)

This paper illustrates the impact of the COVID-19 pandemic on exchange rate of Thailand by using COVID-19 confirmed cases and deaths to measures how Thai Baht volatile during the pandemic period. To examine the impact of COVID-19 on exchange rate of Thailand, the daily data of COVID-19 confirmed cases and deaths of Thailand also the historical data of Thai Baht exchange rate, determine by USD/THB, JPY/THB, and EUR/THB were collected. All data covers the period from March 1, 2020, to December 31, 2021. This study employed Ordinary Least Squares (OLS) regression to estimate the relationship of the variables. The result …

Price Effect Of Set 50 Stock From Inclusion And Exclusion, Thamatit Sakunwanit

Chulalongkorn University Theses and Dissertations (Chula ETD)

Maximize profit is the main goal for investor or securities manger. The study of price effect of included or excluded stock will be beneficial for them, in order to choose investment strategy or planning. In this paper, the market model method was constructed with financial data between 2010 to 2020 from Stock Exchange of Thailand and Investing.com. The results of the study are consistent with the previous studies. The AAR increase at the around announcement and effective date for inclusion but decrease for exclusion case. The CAAR is upward trend for inclusion case and negative trend for exclusion case. The …

Consumer Perception And Purchasing Decisions Toward Environmental And Animal Friendly Products : Empirical Analysis In Thailand, Paphawee Rojkiratikarn

Chulalongkorn University Theses and Dissertations (Chula ETD)

Environmental and animal issues are huge topics for years. There are lots of papers analyzing about environmental or animal issues these two topics separately. However, this paper combines these 2 aspects together. As those two aspects simultaneously affect our world, this paper initiates to analyze them together. This paper attempts to determine what factors cause Thai people having a high intention of willingness and motivation to buy those products. Also, This paper investigates whether people with high motivation and willingness to buy actually end up performing the purchasing decision or not. The factors that are analyzed in this paper also …

Effect Of Exchange Rate, Exchange Rate Volatility, And Stock Market Return On Foreign Direct Investment, Sansanee Vanapruk

Chulalongkorn University Theses and Dissertations (Chula ETD)

This empirical research examines the relationship between exchange rate, exchange rate volatility, and also investigates the stock market return factors on the foreign direct investment flows in Thailand. This research uses the quarterly data from 1Q2005 to 4Q2020 period. It finds that there is the evidence of significantly positive relationship of exchange rate on foreign direct investment while exchange rate volatility has the significantly negative relationship on foreign direct investment. There is also the relationship but not significant of high performance of stock market return on attracting foreign direct investment flows. Moreover, this paper documents that the former foreign direct …

The Influence Of Digital Access On Business During Covid-19 Pandemic, Kornthawat Angsathitanan

Chulalongkorn University Theses and Dissertations (Chula ETD)

This research purpose is to prove the influence of digital access on business during pandemic. Digital access is already around us such as email communication, online banking, etc. At the beginning they have four factors that drive our world using digital access which is ecosystem, research and development innovation, security, business effectiveness. In 2020 covid-19 pandemics have become one of the factors that drive digital access around the world. This research will see the company strategy that has digital transformation and adaptation after suffering from a pandemic and will study business strategy in all five factors. The result will show …

Can Japan's Horse Racing Industry Sustainably Improve Its Competitiveness? -An Analysis Focusing On Economic Factors-, Katsuya Imanishi

Chulalongkorn University Theses and Dissertations (Chula ETD)

We have seen successes of Japanese horses running in overseas races. Behind their success, there were some factors to support the industry, such as Japanese economic scale, technological development, cultural mix. I will examine whether it can remain competitive in the future. Internationalization would be the key factor.

The Impact Of Public Debt On Economic Growth: Evidence From Thailand, Kanpimon Chaisaard

Chulalongkorn University Theses and Dissertations (Chula ETD)

This study investigates how public debt affects Thailand’s economic growth, covering 2005 to 2019. The model runs through 3 macroeconomic indicators; namely, Public debt, Personal Income Tax, and Real Gross Domestic Product, which represent economic growth. All of them are examined by Vector Error Correction Model and Granger Causality approach. The evidence shows that public debt and income tax are related to Thailand’s growth in different directions; the former is favorable while the latter is negative at a 5% significance level. Likewise, the speed of adjustment is at 15%. The paper suggests that the government can run up the national …

Financial Statement Analysis : A Comparison Between Bangkok Dusit Medical Services Pcl, Bumrungrad Hospital Pcl And Thonburi Healthcare Group Pcl During Covid Pandemic, Phongsathorn Chuisrikaeo

Chulalongkorn University Theses and Dissertations (Chula ETD)

Many industries are suffering greatly because of the COVID pandemic, and the hospital industry is one of them that has been disrupted since the disease first spread in Thailand in early 2020. This study demonstrates the financial performance of three Thai healthcare firm groups, BDMS, BH, and THG, as a result of economic activities intervening on both the demand and supply sides. This study will examine the financial performance of BDMS, BH, and THG during the COVID pandemic in Thailand, using financial ratio analysis to compare their performance in four areas: liquidity, efficiency, profitability, and leverage. Operational statistics analysis and …

Factors Affecting Ptt Stock Price And Effects From Government Policy, Pharisa Chaisuwan

Chulalongkorn University Theses and Dissertations (Chula ETD)

PTT is one of the important listed companies on the Stock Exchange of Thailand, and PTT is Thailand’s number one energy and petrochemical business. This study intends to examine the impact of macroeconomics factors and government policy on the PTT stock price. The first part examines the macroeconomic factors, which are interest rate, consumer price index, exchange rate, and gold price, using the data from 2010 to 2020. The ordinary least square between PTT stock price and all variables show that PTT stock price and only consumer price index are positively related. If the consumer price index or price level …

Health-Conscious Pet Owner And Premium Pet Food Purchasing In Thailand, Potjaman Khongthon

Chulalongkorn University Theses and Dissertations (Chula ETD)

In Thailand, the market value of premium pet food has been significantly increasing overtime. Simultaneously, consumers also increasingly demand healthy food to satisfy healthy lifestyle which is trendy nowadays. This phenomenon seems to grow with the same direction so the purpose of this study is to investigate the influence of health-consciousness lifestyle on the food choice for pets by using the logistic regression. The questionnaire was distributed to pets’ owners who keep dogs or cats or keep both. The result shows that health-conscious pet owners are more likely to purchase premium pet food. In addition, the owners who have pet …

Does Increasing Inflation Lead To Income Inequality In Thailand And South-East Asia?, Panipuk Maneethai

Chulalongkorn University Theses and Dissertations (Chula ETD)

Increasing income inequality has negative effects on human well-being and the nation's economic development. Understanding how income inequality is affected by various economic factors is the first step toward alleviating it. Previously, inflation, economic and technology development, and the openness to globalization have been suggested to affect income inequality in various developed nations. In this work, we are interested in developing countries in south-east asia. In Thailand, we found that the inflation rate had a positive impact on income inequality in recent years (2000-2020), yet had the opposite impact in earlier years (1980-1999). On the other hand, we found the …

Impact Of Covid-19 Outbreak On Export Values Of Industrial Products From Thailand To China, Burapas Yotwilai

Chulalongkorn University Theses and Dissertations (Chula ETD)

The study of impact of COVID-19 outbreak on export values of industrial product from Thailand to China focused on illustrating how large the effect is and investigating the influencing factors. The monthly data during 2017 to 2021 were used in the multiple regression model to analyze factors affecting Thailand export values to China especially industrial product. This study also indicated the impact of COVID-19 pandemic on other main exported products. The findings of this study showed that the COVID-19 pandemic had no statistically significant impact on export vales for all sectors. However, the result of this study also found real …

The Effects Of Marketing Mix Factors And Brand Equity Factors On Huawei Brand's Consumer Purchasing Decision Process In Bangkok, Pakapol Uksornsuwan

Chulalongkorn University Theses and Dissertations (Chula ETD)

This study aims to evaluate the effects of Marketing Mix factors and Brand Equity factors on Huawei Brand's Consumer Purchasing Decision Process in Bangkok. It uses questionnaires to collect data from a sample group of 400 people using Huawei products in Bangkok from 2019 to 2022 via the Google form platform. and use statistical methods to analyze and test the hypothesis. It finds under marketing mix that respondents pay most attention to product, followed by place, price, and promotion respectively. However, under the brand equity that respondents pay most attention to brand awareness, followed by brand association, brand loyalty, and …

Does Thailand’S New Electric Vehicle Policy Affect Battery Electric Vehicle (Bev) Adoption?, Apinya Thitiphatthanawanit

Chulalongkorn University Theses and Dissertations (Chula ETD)

Transportation accounted for about 27 per cent of the total Greenhouse gas emissions in the United States. The shift from Internal Combustion Engine vehicles (ICEs) to a cleaner vehicle type such as Battery Electric Vehicles (BEV), could potentially reduce the air pollution and Greenhouse gases released into the atmosphere, thus, slowing down the pace of global warming. However, most people still have doubts on the reliability and prices of the BEVs. Many governments in developed countries such as Norway have proved that government incentives policy can be used to incentivize the BEV adoption. This paper analyzes particularly on the case …

The 7ps Marketing Mix Of Koi Thé That Affect Consumer’S Purchase Decisions In Bangkok, Varith Romyanan

Chulalongkorn University Theses and Dissertations (Chula ETD)

Currently, bubble tea has become some of the most famous beverages that people prefer to drink worldwide, especially in Thailand. The bubble tea shop business market has consecutively high competition, in terms of consumers having different choices of beverages to consume and also in terms of owners that have more competitors. KOI Thé is possibly one the most popular bubble tea chain in Thailand. In consequence, this paper's purpose can be classified into two categories. First, to examine the impact of components of the 7Ps marketing mix on consumers' purchasing decisions of KOI Thé. Second, to examine the influence of …

The Effect Of The Ongoing China-Us Trade War On Huawei, Evidence From 2021 Financial Report, Liping Zhang

Chulalongkorn University Theses and Dissertations (Chula ETD)

In Jan of 2018, the U.S. had waged a trade war against China. Besides additional tariffs on Chinese products, in May of 2019, the USA is also tightening restrictions on the transfer of technology to China and the business activities of Huawei, namely the chip ban. For many companies, being sanctioned by the U.S. would be a devastating blow, a crisis that could potentially ruin the entire business. This paper has used the data from Huawei's 10-year annual report and attempted to find out Huawei's current situation after 4 years sanctions from the financial point of view. The author expects …

The Impact Of Covid-19 On Neets In Thailand Between 2019-2021, Nawathas Thasanabanchong

Chulalongkorn University Theses and Dissertations (Chula ETD)

With the completely aged society, Thailand requires young people more than ever since the young people of today are the future of tomorrow. Nonetheless, young people in Thailand currently face a painful transition for young people into an active workforce, particularly during the COVID-19 pandemic. Over 1.3 million youths or 14 percent of the youth population aged 15-24 years are not in Education, Employment, or Training (NEET). Hence, the study aims to understand the characteristics of NEETs and the impact of COVID-19 on NEETs in Thailand. The “NEET” term is more than unemployment and inactiveness. The rooted causes of being …

Marketing Analysis Of China Eastern Under The Impact Of Covid-19 How Can Cea Remain Sustainable In The Next Decade?, Ziyu Li

Chulalongkorn University Theses and Dissertations (Chula ETD)

The tourism and civil aviation sectors in China and throughout the world have been severely impacted by Covid-19. China Eastern Airlines was seriously affected by the outbreak, with total revenue declining by 60.95 billion yuan in 2020, a decrease of 52.66% from 2019. The paper examines China Eastern through pest analysis, Porter's five forces model, and swot analysis, and makes recommendations for its sustainable development in the next decade based on the results of the marketing analysis. The Chinese government attaches great importance to the recovery of China's civil aviation industry and has introduced several supportive policies. New growth opportunities …

Marketing Strategy Analysis Of K.S. Plastic Works Company, Kittiphat Temtavornkul

Chulalongkorn University Theses and Dissertations (Chula ETD)

This individual paper takes K.S. Plastic Works Company as the research objective. In the first part of the paper, it introduces SME business in Thailand because K.S. Plastic Works Company falls into Thailand's SME business category and the plastic industry at both global and domestic level, then moves on to the history of the case study company. In the past decade, the case study company faced a decrease in sales due to the fact that they could not catch up with the market because it was moving so fast, and they did not have any marketing knowledge to stay competitive …

Marketing Analysis Of Thai Solar Energy Public Company Limited, Kuan-Chin Fuh

Chulalongkorn University Theses and Dissertations (Chula ETD)

To solve the global warming and the fluctuation of oil price, every country tries to find alternative energy. The growth of renewable energy has been growing dramatically, including Thailand. Solar energy is the one that has the highest potential in Thailand. TSE is one of the biggest solar energy companies in Thailand. We try to TSE increase their customer number and total capacity of renewable energy. By this, TSE could compete with other companies and help Thailand and Southeast Asia develop better. In this research, we conducted SWOT analysis and five forces analysis proposed by Dobbs. After the analysis, we …

Higher Educational Type And Major Area: Which Is The More Important Indicator Of Earnings In Mainland China?, Qi Ren

Chulalongkorn University Theses and Dissertations (Chula ETD)

Using data from Chinese General Social Survey (CGSS) 2018 which contain comprehensive information of the highly educated in mainland China, this paper estimates which of the two variables, type of tertiary education and major fields, is of greater importance to private earnings. With adoption of Ordinary Least Square (OLS) and Shapley Variance Decomposition based on R-squared, empirical results reveal considerable heterogeneity in returns to educational type (vocational college and academic university) and to major area. The former one is the more significant determinant of labor market outcomes and higher vocational qualification holders face a huge wage penalty. What’s more, the …

Research On Chinese E-Commerce Enterprise Development In Southeast Asia – A Case Study Of Alibaba’S Acquisition Of Lazada, Junyao Gao

Chulalongkorn University Theses and Dissertations (Chula ETD)

No abstract provided.

Three Essays In Applied Econometrics, Milivoje Davidovic

Graduate Research Theses & Dissertations

The doctoral dissertation entitled Three Essays in Applied Econometrics is based on the application of modern techniques of applied econometrics in order to infer main interrelations and causalities in various fields of quantitative economics. It includes an eclectic mix of both frequentist and Bayesian approaches, with the main goal to quantify and estimate a set of variables that significantly determine certain economic outcomes, in this case NBA efficiency scores, per capita growth rates, and Covid-19-induced risk exposure, market volatility, and cross-market integration. These topics are, at the sametime, at the core of the research interest in the following three independent …

The Relevance Of Credit Risk In The Determination Of Commercial Banks’ Profitability: Evidence From Ghana, Godwin Kwabla Ekpe

Graduate Research Theses & Dissertations

Existing empirical literature on the relationship between credit risk and bank’s profitability is replete with mixed results. This research investigates the probable effect of credit risk on banks’ profitability by examining the nature of the relationship between two measures of credit risk (Loss provisioning rate and Actual provisioning charge rate) and two measures ofprofitability (Return on assets and Return on Equity). The investigation is conducted using data on the Ghanaian banking industry. Various modeling techniques are used to fit the data, including frequentist beta regression and Bayesian beta regression models. The results across all models suggest negative linear relationship between …

Essays On U.S. Narrative Tax Changes And Volatility In Housing Market, Masud Alam

Graduate Research Theses & Dissertations

This dissertation consists of three independent but methodologically similar chapters focusing on the impact of U.S. tax policy changes and understanding the risk-return examination of the U.S. real estate investment trusts (REIT) equity returns. The first and second chapters examine how the U.S. federal and state level economies are likely to react to narrative personal and corporate income tax changes. The third chapter investigates the responses of the U.S. real estate investment trusts (REIT) equity returns to volatility in the U.S. housing market as measured by a newly constructed risk index.

The first chapter examines the short- and long-run effects …

Interest On Reserves In A Partial Two-Sector Banking Model, Shawn A. Osell

Graduate Research Theses & Dissertations

The Federal Reserve implemented a new monetary tool policy as it simultaneously conducted the first round of quantitative easing in 2008. At that time, the Fed began paying interest on a commercial bank's required and excess reserves in order to prevent the federal funds rate from falling to zero. Before quantitative easing, reserves were scarce enough for the federal funds rate to be determined by the supply and the demand for reserves. Consequently, the Fed would use open market operations to manipulate the federal funds rate, and thereby influence other market interest rates. When the Federal Open Market Committee decided …

Optimization Of Dynamic Objective Functions Using Path Integrals, Paramahansa Pramanik

Graduate Research Theses & Dissertations

Path integrals are used to find an optimal strategy for a firm under a Walrasian system. We define dynamic optimal strategies and develop an integration method to capture all non-additive non-convex strategies. We also show that the method can solve the non-linear case, for example Merton-Garman-Hamiltonian system, which the traditional Pontryagin maximum principle cannot solve in closed form. Furthermore, we assume that the strategy space and time are inseparable with respect to a contract. Under this assumption we show that the strategy spacetime is a dynamic curved Liouville-like 2-brane quantum gravity surface under asymmetric information and that traditional Euclidean geometry …

Trade Integration And Economic Growth In Africa: Lessons From Sadc And Ecowas Regional Trading Blocs, Kofi Ampoma Asuako

Masters Theses

The literature on the effects of free trade agreements (FTA) or trade liberalization on economies is vast and tends to focus on the post-liberalization performance of countries, particularly in Europe and North America. However, an analysis of how varying levels of integration within free trade blocs in Sub-Saharan Africa affect economic growth does not appear to be in the international economics literature. This analysis is vital as 54 out of 55 African union member States have begun trading under the African Continental Free Trade Agreement (AFCFTA) which intends to gradually decrease and ultimately do away with customs duties and non-tariff …