"Empirical essay on development and trade : case study in Thailand"
"Empirical essay on development and trade : case study in Thailand"
Topics related to improvement in productivity performance due to increase in investment from abroad as a result of changes in policies to liberalise the economies in developing countries have become more important and attracted research interest among economists. This thesis further contributes to the empirical literature, particularly on issues related to trade openness as measured by foreign direct investment and the effects of trade liberalisation on productivity growth.
Chapter 2 is an empirical study on the effect of foreign direct investment as a result of the externalities generated by multinational corporations. Using plant-level panel data on Thai manufacturing industry, and following the approach used in previous case studies, the main findings are that FDI generates a positive effect on productivity for local suppliers in upstream sectors through backward linkages. Including the orientation of MNCs in the analysis is important, as it can improve capturing the effect of FDI.
Chapter 3 aims to extend the analysis of Chapter 2 by focusing on the orientation of MNCs using different specifications to capture the effect of FDI. The evidence from the empirical literature supports the existence of FDI spillovers through backward linkages; therefore, other effects related to backward channels are taken into consideration. The results suggest that relationships between MNCs and local suppliers indirectly produce externalities to other plants that buy intermediate inputs from these local suppliers. Results support the assumption that MNCs importing small amounts of inputs from suppliers abroad will generate FDI spillovers to local suppliers, since they have more contacts with domestic suppliers in the host country.
Chapter 4 is an empirical study on the effect of trade liberalisation on productivity performance using plant-level data in manufacturing industry following Thailand’s structural reforms in the early 1990s. The results show productivity development after tariffs were decreased.
University of Southampton
Khonsomboon, Phawarat
0ce7d470-9cf5-4b01-b527-ccc68af13b5f
2007
Khonsomboon, Phawarat
0ce7d470-9cf5-4b01-b527-ccc68af13b5f
Khonsomboon, Phawarat
(2007)
"Empirical essay on development and trade : case study in Thailand".
University of Southampton, Doctoral Thesis.
Record type:
Thesis
(Doctoral)
Abstract
Topics related to improvement in productivity performance due to increase in investment from abroad as a result of changes in policies to liberalise the economies in developing countries have become more important and attracted research interest among economists. This thesis further contributes to the empirical literature, particularly on issues related to trade openness as measured by foreign direct investment and the effects of trade liberalisation on productivity growth.
Chapter 2 is an empirical study on the effect of foreign direct investment as a result of the externalities generated by multinational corporations. Using plant-level panel data on Thai manufacturing industry, and following the approach used in previous case studies, the main findings are that FDI generates a positive effect on productivity for local suppliers in upstream sectors through backward linkages. Including the orientation of MNCs in the analysis is important, as it can improve capturing the effect of FDI.
Chapter 3 aims to extend the analysis of Chapter 2 by focusing on the orientation of MNCs using different specifications to capture the effect of FDI. The evidence from the empirical literature supports the existence of FDI spillovers through backward linkages; therefore, other effects related to backward channels are taken into consideration. The results suggest that relationships between MNCs and local suppliers indirectly produce externalities to other plants that buy intermediate inputs from these local suppliers. Results support the assumption that MNCs importing small amounts of inputs from suppliers abroad will generate FDI spillovers to local suppliers, since they have more contacts with domestic suppliers in the host country.
Chapter 4 is an empirical study on the effect of trade liberalisation on productivity performance using plant-level data in manufacturing industry following Thailand’s structural reforms in the early 1990s. The results show productivity development after tariffs were decreased.
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Published date: 2007
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Local EPrints ID: 466503
URI: http://eprints.soton.ac.uk/id/eprint/466503
PURE UUID: 3716e10b-1193-47d9-a8fc-6e0b9783963f
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Date deposited: 05 Jul 2022 05:27
Last modified: 16 Mar 2024 20:44
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Author:
Phawarat Khonsomboon
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