Between 1981 and 2017, real gross domestic product in Thailand grew at an average annual rate of 5.7 per cent. Agricultural output grew more slowly than industry or services, and its gross domestic product share consequently declined. Industry’s...
Is the emphasis placed in trade and industry policy-making in developing countries on the share of domestic value-added (‘value-added ratio’) in exports consistent with the objective of achieving economic development through an export-oriented...
Part of Book The Developer’s Dilemma
This paper estimates returns to schooling in Thailand, applying a regression discontinuity approach to the change in the compulsory schooling law in 1978. This law helped to enhance human capital investment on the eve of rapid structural...
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