Logo
Munich Personal RePEc Archive

Premature Deindustrialization Risk: The Case of Thailand

Taguchi, Hiroyuki (2022): Premature Deindustrialization Risk: The Case of Thailand. Published in:

[thumbnail of MPRA_paper_113560.pdf]
Preview
PDF
MPRA_paper_113560.pdf

Download (625kB) | Preview

Abstract

This study investigates the possibility of premature deindustrialization risk in Thailand, where the pressure of globalization and uneven industrial policies remain. This study adopts the latecomer index to materialize premature deindustrialization risk, which is expressed as the downward shift of the manufacturing–income relationship at the earlier level of income. The results of our empirical analysis confirm the presence of premature deindustrialization risk in Thailand’s regions as a result of globalization pressure (represented by China’s entry into the World Trade Organization) and uneven industrial policies conducted by the Thai government. Thus, the current industrial policies of the Thai government should be reconsidered to overcome premature deindustrialization risk in remote regions.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.