This paper illustrates the upgrading experiences of the automotive and hard disk drive (HDD) industries in Thailand …’s production and exports, the "hollow out" scenario is unlikely to apply to either. In other words, Thailand should remain a base …

This paper illustrates the upgrading experiences of the automotive and hard disk drive (HDD) industries in Thailand …

dynamics of growth rates and terms of trade when the industry-based economy is the innovation leader, while the tourism …, whereas terms-of-trade effects guarantee positive growth differentials for the tourism-based economy when the technological … economic performance observed in tourism-dependent economies …