This study aims to accomplish three main tasks. Firstly, it seeks to determine the more appropriate choice between classical and Bayesian methods in estimating a pooled panel kink regression model under the condition of a known but bounded policy variable choice that serves as a kink point....

Bayesian extreme value analysis was used to forecast the optimal point in agricultural commodity futures prices in the United States for cocoa, coffee, corn, soybeans and wheat. Data were collected daily between 2000 and 2020. The estimation of extreme value can be empirically interpreted as...

The United Nations has promoted and supported the UNCTAD Creative Economy Programme since 2004 to help countries around the world understand how to promote economic development through creativity in industries. This research article aims to determine whether the creative economy will be the...

We evaluated the movement in the daily number of COVID-19 cases in response to the real GDP during the COVID-19 pandemic in Thailand from Q1 2020 to Q1 2021. The aim of the study was to find the number of COVID-19 cases that could maintain circulation of the country's economy. This is the...

The advantage of quantum mechanics to shift up the ability to econometrically understand extreme tail losses in financial data has become more desirable, especially in cases of Value at Risk (VaR) and Expected Shortfall (ES) predictions. Behind the non-novel quantum mechanism, it does...

It is reasonable to state that gastronomic tourism is an efficient tool that has the potential to refresh Thailand's macroeconomic viability. With the aim of becoming a hub of tourism in Southeast Asia, Thailand's tourism industry must urgently address and sustainably integrate gastronomic...

This study examines the intentions of foreign workers living in Okayama, Japan, to stay long-term in Japan. Utilizing a Bayesian multinomial logistic regression model, this research provides a novel analytical approach that captures parameter uncertainty and accommodates the categorical nature...

For the success of efficient socioeconomic development, it is crucial that budget allocation in higher education is effectively managed, with a clear focus on targeting SDG 4 (Quality Education), which is vital for every country and should be prioritized globally. This research article attempts...