There are many approaches to evaluate the return. However, Extreme Value Theory is the right method to analysis Value at Risk of Gold Price Return. The method is covered tothe block maxima and the Peak over Thresholds modeling. This study uses a daily gold price in US dollar over the period of...

There is evidence of non-linear in macroeconomic variables of Thailand. To understand the behavior of this economic indicators, this paper used the smooth transition autoregressive model (STAR) that was developed by the contribution of Ter?svirta and Anderson (1992). This paper used quarterly...

This study aims to find the effects of economic variables which affect the level of human development. Since increasing human well-beings, human development was become the international goal after UNDP launched Human Development Index (HDI). Many countries attempt to raise their standard of...

The purpose of the study concerns efficiency Analysis of Convention Hotels in Thailand by using Stochastic Frontier with Copula. To begin with the Standard Stochastic Frontier Model (SFA), it is generally formulated hypothesis in order to determine two independent random variables between U...

This paper has used Sufficiency Economy Matrix multiplier and optimization analyses to estimate the impacts of the East West Economic Corridor on economic growth, poverty reduction and the implementation of the sufficiency economy philosophy in Mukdahan province, Thailand. We employed both the...

Lao PDR is one of the economically least developed countries in the world. As a member of the GMS region and the ASEAN, Lao PDR stands to benefit from the growth of the GMS region by the East West Economic Corridor that links the Central Region of Lao PDR with Thailand and Vietnam through...

Futures margin setting is important for an exchange policy since it is the balance between the loss and benefit of an exchange. This paper develops a method for setting the margin level for two-commodity portfolios. The bivariate extreme value theory is applied in our estimation to compute the...

Household expenditure data are widely used for monitoring the quality of life of household living standards, household wellbeing and consumption/expenditure patterns. We raise three questions for the Savannakhet household: 1. “What are the determinants of the household’s food, education,...

Efficient savings groups are envisioned to help in improving production capability and livelihoods of the local communities. The present study, thus, has the purposes to evaluate the operational efficiency of savings groups and identity determinants of performance efficiencies of 100 samples of...

This paper evaluates the Rural Labor Force Training Program effects in the case of autonomous minority nationality areas in southwestern frontier region of China by using China’s Rural Household Survey (RHS) micro data. MTE-based semi-parametric method is used to estimate parameters of...