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Regional convergence and agglomerati...
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Southichack, Mana Kayne.
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Regional convergence and agglomeration economies: The case of Thailand.
紀錄類型:
書目-語言資料,印刷品 : Monograph/item
正題名/作者:
Regional convergence and agglomeration economies: The case of Thailand./
作者:
Southichack, Mana Kayne.
面頁冊數:
172 p.
附註:
Chairperson: Sumner J. La Croix.
Contained By:
Dissertation Abstracts International59-08A.
標題:
Economics, General. -
電子資源:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9903861
ISBN:
059901153X
Regional convergence and agglomeration economies: The case of Thailand.
Southichack, Mana Kayne.
Regional convergence and agglomeration economies: The case of Thailand.
- 172 p.
Chairperson: Sumner J. La Croix.
Thesis (Ph.D.)--University of Hawaii, 1998.
This dissertation's main objective is to gain a better understanding of regional economic growth inside Thailand and, more generally, of the economic growth path of regional economies. Following the neoclassical growth model's prediction that low income economies will grow faster than high income economies, this dissertation examines the convergence of per capita output among Thailand's 71 provinces between 1975 and 1995.
ISBN: 059901153XSubjects--Topical Terms:
1017424
Economics, General.
Regional convergence and agglomeration economies: The case of Thailand.
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This dissertation's main objective is to gain a better understanding of regional economic growth inside Thailand and, more generally, of the economic growth path of regional economies. Following the neoclassical growth model's prediction that low income economies will grow faster than high income economies, this dissertation examines the convergence of per capita output among Thailand's 71 provinces between 1975 and 1995.
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First, using Barro and Sala-i-Martin's (1991) empirical methodology, I estimate several regression specifications for a data set deflated by province-specific price deflators. The analysis reveals that Thailand experienced inter-provincial unconditional divergence, which proceeded at an annual rate of 0.77% over this 20-year period. Controlling for regional differences and structural changes, the regression results provide evidence for slow inter-provincial conditional convergence. Cross-province price differentials partially explain convergence results for some subperiods but are unable to explain divergence over the full sample period.
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Second, I examine the effect of labor conditions and inter-provincial migration on Thailand's divergence. There is no evidence that differences in labor force participation rates across provinces contributed to Thailand's divergence. Inter-provincial labor productivity divergence and rapid out-of-agriculture labor shifts in provinces located near Bangkok provided important forces pushing provincial economies toward divergence. Migration responded positively to per capita output, but regression results provide no evidence in support of the hypothesis that inter-provincial migration speeds up convergence.
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Finally, I adapt Ciccone and Hall's (1996) model of spatial agglomeration economies to reflect Thailand's large agricultural labor share and analyze the impact of employment density on spatial productivity. Regression results indicate that employment density is positively related to spatial productivity, but only in provinces with a relatively low agricultural labor share. Also, spatial productivity is sensitive to workers' educational levels and to per capita expenditure on infrastructure. The model predicts that a 10% increase in employment density in an average province, ceteris paribus, will result in a productivity loss of between 0.3% and 1.2%. From the regression analysis I infer that a combination of geographical concentration of educated workers and per capita expenditure on infrastructure in the Bangkok Metropolitan area has played an important role in Thailand's divergence.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9903861
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