The Impact of Japan-China's FDI on the Change in Thailand's Industrial Structure

Authors

  • Xuchong Yan Graduate School of Economics, Osaka City University

Keywords:

Japan-China, Thailand, Foreign Direct Investment (FDI), Industrial Structure Changes

Abstract

This study selected Thailand's statistical data from 2003 to 2021 and used multiple regression analysis on the impact of Japan's and China's FDI on the change in Thailand's industrial structure. The results of the ridge regression analysis show that Japan's FDI, China's FDI, R&D expenses, and Thailand's labor force are significant. In particular, Japan's FDI has a greater effect on Thailand's industrial structure compared to China's FDI. Additionally, R&D expenses have the largest contribution to the change in Thailand's industrial structure. However, Thailand's labor force has a significant negative impact on the adjustment of Thailand's industrial structure.  

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Published

2024-12-27

Issue

Vol. 28 No. 2 (2024): Vol.28 No.2 (2024) : July – December 2024

Section

Articles

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