Browsing by Subject "Business Economics"

Now showing 1 - 20 of 231
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    A Comparison of Synchronicity of Macroeconomic Variables: ASEAN - Japan
    (Chulalongkorn University Printing House, 2013)
    Chaipat, Channarong
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    University of the Thai Chamber of Commerce. Journal Editorial Office
    This research aimed at comparing synchronicity of macroeconomic variables among five ASEAN countries comprising Indonesia, Malaysia, the Philippines, Singapore, Thailand and Japan, by using secondary time-series data from 1980-2010, totaling 31 years. Data were collected from the International Monetary Fund (IMF) and the World Bank and analyzed by Pearson Correlation Coefficient. The result reveals that there was synchronicity in macroeconomic variables among ASEAN members and Japan in terms of real GDP growth, degrees of openness and inflation rate, while the variables which had low synchronicity were the change of local currency per USD and real interest rates. When considering each country, it was found that Indonesia, Malaysia, Singapore, Thailand and Japan were countries having synchronicity of economic variables. However, the Philippines had low synchronicity. In addition, ASEAN and ASEAN plus Japan had similar synchronicity of macroeconomic variables. Therefore, ASEAN should place a high level of importance on the unity of country members, and have a mutual economic management mechanism in order to develop an economic integration as a common currency area in the future.
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    A Study of Thai import-export managers' disagreement performances, perceptions of degrees of politeness and the causal factors of the differences [CD-ROM] = การศึกษาการแสดงการไม่เห็นด้วยของผู้บริหาร (ชาวไทย) ในธุรกิจนําเข้า-ส่งออก ทางด้านพฤติกรรมการแสดงออก, ทัศนคติ และปัจจัยในการจัดระดับความสุภาพของประโยคที่แสดงการไม่เห็นด้วย / Saowanee Anawatchapong
    (University of the Thai Chamber of Commerce, 2003)
    Anawatchapong,, Saowanee
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    University of the Thai Chamber of Commerce. School of Economics
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    A Study of the questions asked in business meetings by Thai bankers / Thanitphat Kosaisewee
    (University of the Thai Chamber of Commerce, 2003)
    Kosaisewee., Thanitphat
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    University of the Thai Chamber of Commerce. School of Economics
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    A Survey of the problems faced by non-native english speaders in writing business letters
    (University of the Thai Chamber of Commerce, 1998)
    Manamuti, Kunakorn
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    University of the Thai Chamber of Commerce. School of Economics
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    An Analysis of Financial Costs and Returns of Solar-energy ElectricityProduction and Sale: The Case of Nakhon Ratchasima Province
    (University of the Thai Chamber of Commerce, 2012)
    Patangmongkol, Nattida
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    University of the Thai Chamber of Commerce. Graduate School
    The electricity energy is one of the most important basic factors for human living. It drives thecountry’s economic and social developments. Meanwhile electricity demand rapidly increases, its productionfactors decrease. Therefore, the National Energy Policy Office and the Electricity Generating Authority ofThailand have tried to look for alternative energies, which are non-destructive for the environment,to substitute for fuel energies. The government itself is currently supporting Very Small Power Producers(VSPPs) who are able to produce and distribute less-than-10-megawatt electricity with renewable energy.Of all the VSPPs, those who produce and distribute solar-energy electricity rank the top, given thegovernment’s highest adder (extra-money) buying ratio of the solar energy. The support is grounded onfree, non-polluted and environmental-friendly qualities of the solar energy. The present study carries out the analysis of financial costs and returns of a 6-megawattmulti-crystalline solar-energy electricity production project in Nakhonratchasima Province, where solar-energyelectricity production is flourish.The project life is set at 25 years, with the highest commercial bank lendinginterest rate of 8.85% as a discount rate for the study. The study proves the project is worthwhile forinvestment, according to different financial measures: The project’s NPV is positive; the B/C ratio is more than1; the IRR is higher than the borrowing interest rate; the payback period is 8 years 1 month and 13 days.Sensitivity analyses, including a 5% rise in costs with fixed returns, a 5% of reduction in returns with fixedcosts and a 5% rise in both costs and returns, also prove the project worth investing.
      29  338
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    An Analysis of Personal Income Tax Structure and Its Revenue Forecast
    (University of the Thai Chamber of Commerce, 1994)
    Wasontrapiwat, Uncharlee
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    University of the Thai Chamber of Commerce. Graduate School
    Revenue from personal income tax is one of major sources of government tax revenue in many countries. It is collected at source. The tax incidence is theoretically borne by tax payers. Any attempt to improve the personal income tax structure is expected to result in an increase in revenue from direct tax. To this effect, the government will have ample leeway to introduce new measures to further development the economy. The main objectives of this thesis are twofold. First, the study analyses changes in the personal income tax structure in Thailand from 1981-1993 including their impacts on the Thai economy. Secondly, the study attempts to utilize econometric model to forecast the personal income tax revenue. The empirical study is based on secondary data from 1977-1993. The model comprises two modules. One is for income tax and the other is for macro-economic relationship. The highlight of the study can be elucidated as follows. It finds that the average tax paid per person increased from 3,579 Baht to 15,270 Baht from 1981 to 1993. In addition, the GDP elasticity of personal income tax from interest is 2.69%. Finally, the model predicts that the growth rate of personal income tax revenue will markedly decline. As a result, this can send an alarming signal to the Thai government especially the Ministry of Finance.
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    An Analysis of the Market Structure and Behavior of Competition of the Detergent Industry of Thailand
    (University of the Thai Chamber of Commerce, 1994)
    Nark-uam, Worachart
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    University of the Thai Chamber of Commerce. Graduate School
    The objectives of the study were to examine the market structure and the producers' behavior of competition in the detergent industry in Thailand. The data were primary data from wholesalers and retailers, and secondary data from producers, Ministry of Commerce, Bank of Thailand and related journals. The analysis of eleven year data from 1982 to 1992 by market concentration ratio showed that the detergent industry market was oligopolistic consisting of 3 big producers and 4 small producers. The average market concentration ratios were gradually declining during last few years because a small producer was producing a concentrated detergent and selling to consumers. The big producers had once collectively bargained the government to set higher retail prices for them and so they all set the same highest ceiling retail prices. The competing was thus performed by containing more extra volume and sometimes by reducing wholesale prices. The price leader follower and leader without follower policies were alternately introduced to the wholesale market. The recommendations were as follows: The government should recognise the quality of the standard products from many produces and convinces the customers that those brands are the same standard quality. By this mean the market share will be distributed to smaller producers. For the big producers, they should agree to reduce the advertisement budgets in order to reduce their costs without reducing sale volumes. By this policy, the retail prices will be reduced together with the same or higher profits to big producers.
      32  226
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    An Analysis of the Relationship Between Ornament Gold Prices and Related Factors For the Years 1980-1991
    (University of the Thai Chamber of Commerce, 1993)
    Chingchit, Outaiwan
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    University of the Thai Chamber of Commerce. Graduate School
    The objectives of this study are: 1. To use correlation analysis to analyse the effects of the following factors on the ornament gold prices in the Bangkok market: 1.1 Average price of bullion gold in foreign markets. 1.2 Money supply. 1.3 Consumers price index in Bangkok. 1.4 Service charges. 1.5 Interest rates. 1.6 Crude oil prices. 1.7 Gold importation. 1.8 Money exchange rate.2.To use stepwise multiple regression to determine which factors significant affect the ornament gold prices in the Bangkok market.These factors will be determined by analysing data from following three situations: 1.Data for the years 1980-1991. 2.Data for the years 1980-1988 when gold import were prohibited. 3.Data for the years 1989-1991 when gold imports were allowed.1. Analysis of data for the years 1980-1991 The results indicated that the average price of bullion gold in foreign markets, money exchange rates, service charges, crude oil prices, and gold importation affected the ornament gold prices in the Bangkok market. The relationship among these factors can be expressed by the following multiple regression equation: = -2562.96787 + 1.29537x1 +0.68799x8 - 0.34245x4 -0.11125x6 + 0.55431x2 - 0.37348x7The coefficient of determination R2 is 0.89682 which implies that the factors affected the ornament gold prices in the Bangkok market by 89.682%2. Analysis of data for the years 1980-1988The results in this situation (the period during which gold importation was prohibited) indicated that the same factors as above affected the ornament gold prices in the Bangkok market. The multiple regression equation is: = -5383.10516 + 1.17727x1 +0.54998x3 +0.09351x4 + 0.21088x5 + 0.10559x6 + 0.14691x2The coefficient of determination R2 is 0.96278 which implies that the factors affected the ornament gold prices in the Bangkok market by 96.27%.3. Analysis of data for the years 1989-1991 During this three-year period, gold could be imported. The results indicated that the factors which affected the ornament gold prices were changed. The factors affecting gold prices during this period were the consumer price index in Bangkok, the average price of bullion gold in foreign markets and service charges. The multiple regression equation that express the relationship is: = 5900.09574 - 0.47275x3 + 0.43865x1 - 0.25047x4The coefficient of determination R2 is 0.94377 which implies that the factors affected the ornament gold prices in the Bangkok market by 94.377%.
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    An Analytical of Factors Affecting on the Adjustments of Oil Retail Price in Thailand
    (University of the Thai Chamber of Commerce, 2002)
    Raya, Tanit
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    University of the Thai Chamber of Commerce. Graduate School
    The purpose of this thesis is to study the price determination structure, important factors affecting and the short run speed when factors are changed of oil retail price in Thailand. I have studied gasoline octane 95, gasoline octane 91 and high speed diesel during January 1996-December 2000. The cointegration and error correction model are used for estimated oil retail price.
      19  97
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    An Input-Output Table of the Cluster of Provincesin the Mid-South of Thailand
    (Chulalongkorn University Printing House, 2008)
    Pisanwanich, Aat
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    University of the Thai Chamber of Commerce. Journal Editorial Office
    In this research, I/O tables for a cluster of provinces in Thailandûs mid-south have beencomposed to analyze the economy for the five provinces of Satun, Phattalung, Trang,Nakornsrithamarat and Songkhla. The tables can be classified into two ways, namely anI/O table of 58 input activities for provinces, and of 16 input activities for the cluster ofprovinces. These tables can be used to analyze the structure of the input within theseprovinces, import items and distribution to other provinces, including the industrialpotential of each province. The I/O tables show the structure of output uses that determinessources, value and flow of goods produced in one province that become an input andgoods consumed in the other provinces. Ultimately, analysis can be made of the industrialpotential in the cluster of provinces in Thailandûs mid-south. Thus the tables can show theamount of output dependency and trade relationships between the provinces. From theresearch, it was concluded that the economic viability of the five clustered provinceswould be enhanced if they co-operate more closely on becoming self-sufficient, and reducetheir dependency on imports.
      18  154
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    Analysis of Thailand's Current Account (1972-1999)
    (University of the Thai Chamber of Commerce, 1999)
    Wiyapokee, Klairung
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    University of the Thai Chamber of Commerce. Graduate School
    The current account has held an importance for the Thai economy management in the sense that it reflects the international trade and investment situation. In the past, Thailand had a long experience of a deficit in the current account, which shakes the stability of Thai economy over decades. It was not until 1998, after the country was hard hit by the economic crisis causing a change in exchange rate regime in which it lead to a large depreciation in domestic currency, that Thailand for the first time has seen the surplus in this account. The objective of this study is to investigate factors that might be influence on the determination of current account of Thailand, by utilizing the data between 1972 to 1996. The study will disaggregately estimate the equations that determine the balances in international trade, service and revenues, and compare the forecasting capability of the model with that of received from the aggregated analysis.
      20  99
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    Cost and Benefit Analysis of Waste Water Treatment: A project of South Klong Pram Pram Prachakorn
    (University of the Thai Chamber of Commerce, 1998)
    Janchai, Surasak
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    University of the Thai Chamber of Commerce. Graduate School
    This thesis is a cost - benefit analysis on waste water treatment, a case study of South Klong Pram Prachakorn waste water resulting from an increase of water pollution in many Klongs around Bangkok. The objectives of the study are to analyze methods of waste water treatment, cost and return in terms of financial and economic in comparison with a water treatment managed by residents, and to analyze whether this project is feasible and utilizing existing resources efficiently.
      25  86
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    Determinant Factors for the Concentration of the Petroleum Products Retail Business in Thailand
    (University of the Thai Chamber of Commerce, 1994)
    Thongsalee, Chiravudhi
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    University of the Thai Chamber of Commerce. Graduate School
    The study of Determinent Factors for the Concentration of Petroleum Product Retails in Thailand was based on information during 1988-1992. Two indicators, Concentration Ratio and Herfindahl Index, were used to measure the level of Concentration of petroleum retail market. In addition, many factors included market share,number of service station,advertisement,assets and government policies were determined to study the cause-effect of the Concentration among four major companies, PTT, Shell, Esso and Caltex. From the study, Concentration ratio of the four major companies of gasoline and premium gasoline (plus ulg) trended to decline continuously. This was also applicable for high speed-diesel but the lower rate. The factors that impacted concentration ratio are classified into two categories, company factors and government policies. Company factors include service stations, price and advertisement with strategies of lower selling price and more number of service station, the big companies are able to occupy more market share. However, advertisement seemed to be reduced and this effect market portion of petroleum retailing business. According to the study,government policy was a significant impact of Concentration. After liberlizing petroleum business, the concentration ratio was reduced caused by more new entrances. From the study of growth rate of the business, premium gasoline (plus ulg) have the highest rate among three products. Secondly and lastly were hi-speed diesel and regular gasoline. In terms of individual firm, PTT had the best trend, Shell was the leader in premium gasoline (plus ulg). Esso lost its position in regular gasoline and hi-speed diesel. The figures show that PTT became the first in hi-speed diesel and regular gasoline sale.
      14  184
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    Determinants of Demand for International Tourisms: A Case Study of Thailand
    (University of the Thai Chamber of Commerce, 1995)
    Vichulada, Pravit
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    University of the Thai Chamber of Commerce. Graduate School
    Tourism has recently played a significant role to the economic development of Thailand. Tourists pay great contributions to economic growth as well as income distribution. Furthermore, tourists also help country maintaining a surplus in its balance of payments. Thus, tourism study is considered as an important and significant guideline for Thailand's tourism development. The purpose of this study is to clarify which factors have impacts toward tourist expenditures. The study has selected the first and the second countries from each region, which contributed more than 3% of total income from tourists for Thailand. They are Australia, England, Germany, Japan, Malaysia and United States.
      8  107
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    Economic Analysis of Maize Production in Prachin Buri Province 1991/92 Crop Year
    (University of the Thai Chamber of Commerce, 1992)
    Sumritmeepul, Punnee
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    University of the Thai Chamber of Commerce. Graduate School
    Maize is an important cash crop of the country, for both the domestic consumption as animal feed and export. It is therefore necessary to improve production efficiency and quality of Maize in order to meet local and export demands. The Seventh National Economic and Social Development Plan Promotes the use of good varieties to increase Maize Production in Thailand. The objective of this study is to analyze this economics of maize production in Prachin Buri Province in 1991/92 Crop Year by estimating production function, technical and economic efficiency of input use. In addition cost and return analysis of maize production classified by hybrid and Suwan varieties obtained from 104 maize growers was all analyzed. Cobb-Douglas production function was employed to analyze the relationships between maize yield and farm input namely labor Explicit Costs for fertilizer, chemicals and varieties used. The result of the analysis revealed that all farm inputs significantly determined maize yield with elasticities for hybrid and Suwan Varieties of 0.2635, 0.2311 and 0.4221, 0.8355 for cash expenses and labor respectively. The economic efficiency of input used showed that both groups of farmers who used hybrid and Suwan Varieties should increase the use of cost expenses and labor in order to obtain maximum profit. The cost and return analysis showed that total cost of production of the farmers who used hybrid variety was higher than Suwan Variety at B937.51/rai compared to B654.86. However, due to higher yield in hybrid variety,the net return from using hybrid was B604.43/rai compared to B418.96/rai of Suwan Variety. In conclusion, the use of good need varies in conjunction with good management and appropriate level of inputs used will definitely increase maize yield, reduce cost per unit and increase farm income.
      20  214