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...

Traditional decision theory describes human behavior and human preferences in terms of utility functions. In the last decades, it was shown that in many economic situations, a reasonable description of the actual decisions can be found if we use a different approach -- of spectral risk measures....

In traditional econometrics, the quality of an individual investment -- and of the investment portfolio -- is characterized by its expected return and its risk (variance). For an individual investment or portfolio, we can estimate the future expected return and a future risk by tracing the...

Though Thailand is the largest rice exporting country, its yield is relatively low. This might be a result of the under use of purchased input factors. Amongst other factors, high input prices and capital constraints could be some reasons. The latter could be removed by loans providing favorable...

As a result of the increase in both the international tourists’ expenditures and tourist arrivals to Thailand, there is a growing interest in determining the trend of international tourists’ expenditures based on time-series modelling. In our article secondary data were used to...

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...