The key assumption of normally distributed error terms is usually not tested in empirical practice when using ordered probit models. Therefore, an artificial regression version of the LM test against the class of Pearson distributions is derived that can be implemented more easily than the...

Introduction to Text Analytics in Marketing: A Practical Guide for Students and Researchers -- Textual Data, String Handling, Regular Expressions, and Data Structures -- Obtaining Textual Data for Marketing Analytics, Web Scraping, APIs, and Structured Sources -- Basic Text Analysis,...

Thailand’s economy has been resilient in an uncertain global economic environment. However, it faces salient structural challenges, cyclical headwinds and political uncertainty. GDP growth is projected to slow from 2.1 percent in 2025 to 1.6 percent in 2026, and inflation average -0.1 percent...

Growth is projected to slow to 1.6 percent in 2026 before edging up to about 2.3 percent in 2027 as global and domestic demand conditions stabilize while foreign direct investment (FDI) in new industries begins to materialize. Thailand’s 2025 downturn has brought long-standing structural...

Thailand’s economy showed signs of mild improvement in November supported by stronger exports and retail trade. Government stimulus measures, including the co-payment scheme and travel incentives, helped lift activity in hotels and restaurants, though overall household consumption remained...