An Analysis of the Competitiveness and Market Expansion of Thailand’s Rubber Smoked Sheet Exports - A Technical Note

This study aims to investigate the effect of market share and total RMS imports by Thailand’s RMS partner importers by employing simultaneous equations with panel data. The data consist of 10 Thailand rubber smoked sheet (RMS) partner countries between 2008 and 2017 and are estimated by using the th...

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Main Authors:	Thanet Wattanakul, Sakkrin Nonthapot, Tanawat Watchalaanun
Format:	Article
Language:	English
Published:	University of Wollongong 2019-12-01
Series:	Australasian Accounting, Business and Finance Journal
Subjects:	rubber smoked sheet international trade competitiveness market expansion simultaneous equation thailand
Online Access:	https://ro.uow.edu.au/aabfj/vol13/iss4/7

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spelling	doaj-1963fc0c2efa43a5be3ad991a8ab4d0d2020-11-25T02:33:20ZengUniversity of WollongongAustralasian Accounting, Business and Finance Journal1834-20001834-20192019-12-01134929910.14453/aabfj.v13i4.7An Analysis of the Competitiveness and Market Expansion of Thailand’s Rubber Smoked Sheet Exports - A Technical NoteThanet Wattanakul0Sakkrin Nonthapot1Tanawat Watchalaanun2 Indo–China International Trade and Economic Research Sector, Faculty of Integrated Social Sciences, Khon Khen University, Nong Khai Campus, Thailand Indo–China International Trade and Economic Research Sector, Faculty of Integrated Social Sciences, Khon Khen University, Nong Khai Campus, Thailand Indo–China International Trade and Economic Research Sector, Faculty of Integrated Social Sciences, Khon Khen University, Nong Khai Campus, ThailandThis study aims to investigate the effect of market share and total RMS imports by Thailand’s RMS partner importers by employing simultaneous equations with panel data. The data consist of 10 Thailand rubber smoked sheet (RMS) partner countries between 2008 and 2017 and are estimated by using the three stage least square technique. It was found that market share has more effect on the RMS partner imports from Thailand than the partner’s market expansion while the exchange rate had a strong negative effect on market share in the partner country. As a consequence, policymakers should prioritize the formulation of suitable and effective international fiscal policy and its implementation to better allocate the benefits from trade.https://ro.uow.edu.au/aabfj/vol13/iss4/7rubber smoked sheetinternational tradecompetitivenessmarket expansionsimultaneous equationthailand
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Thanet Wattanakul Sakkrin Nonthapot Tanawat Watchalaanun
spellingShingle	Thanet Wattanakul Sakkrin Nonthapot Tanawat Watchalaanun An Analysis of the Competitiveness and Market Expansion of Thailand’s Rubber Smoked Sheet Exports - A Technical Note Australasian Accounting, Business and Finance Journal rubber smoked sheet international trade competitiveness market expansion simultaneous equation thailand
author_facet	Thanet Wattanakul Sakkrin Nonthapot Tanawat Watchalaanun
author_sort	Thanet Wattanakul
title	An Analysis of the Competitiveness and Market Expansion of Thailand’s Rubber Smoked Sheet Exports - A Technical Note
title_short	An Analysis of the Competitiveness and Market Expansion of Thailand’s Rubber Smoked Sheet Exports - A Technical Note
title_full	An Analysis of the Competitiveness and Market Expansion of Thailand’s Rubber Smoked Sheet Exports - A Technical Note
title_fullStr	An Analysis of the Competitiveness and Market Expansion of Thailand’s Rubber Smoked Sheet Exports - A Technical Note
title_full_unstemmed	An Analysis of the Competitiveness and Market Expansion of Thailand’s Rubber Smoked Sheet Exports - A Technical Note
title_sort	analysis of the competitiveness and market expansion of thailand’s rubber smoked sheet exports - a technical note
publisher	University of Wollongong
series	Australasian Accounting, Business and Finance Journal
issn	1834-2000 1834-2019
publishDate	2019-12-01
description	This study aims to investigate the effect of market share and total RMS imports by Thailand’s RMS partner importers by employing simultaneous equations with panel data. The data consist of 10 Thailand rubber smoked sheet (RMS) partner countries between 2008 and 2017 and are estimated by using the three stage least square technique. It was found that market share has more effect on the RMS partner imports from Thailand than the partner’s market expansion while the exchange rate had a strong negative effect on market share in the partner country. As a consequence, policymakers should prioritize the formulation of suitable and effective international fiscal policy and its implementation to better allocate the benefits from trade.
topic	rubber smoked sheet international trade competitiveness market expansion simultaneous equation thailand
url	https://ro.uow.edu.au/aabfj/vol13/iss4/7
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An Analysis of the Competitiveness and Market Expansion of Thailand’s Rubber Smoked Sheet Exports - A Technical Note

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