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Thailand's Quest for Economic Growth: From Factor Accumulation to Creative Destruction

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  • Nakarin Amarase
  • Tosapol Apaitan
  • Kiatipong Ariyapruchya

    (Bank of Thailand)

Abstract

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Suggested Citation

  • Nakarin Amarase & Tosapol Apaitan & Kiatipong Ariyapruchya, 2013. "Thailand's Quest for Economic Growth: From Factor Accumulation to Creative Destruction," Working Papers 2013-02, Monetary Policy Group, Bank of Thailand.
    • Handle: RePEc:bth:wpaper:2013-02
    as

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    File URL: http://www.bot.or.th/Thai/EconomicConditions/Publication/DiscussionPaper_2556/DP022013.pdf
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    References listed on IDEAS

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    1. Robert E. Hall & Charles I. Jones, 1999. "Why do Some Countries Produce So Much More Output Per Worker than Others?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(1), pages 83-116.
    2. Rachel Griffith & Stephen Redding & John Van Reenen, 2004. "Mapping the Two Faces of R&D: Productivity Growth in a Panel of OECD Industries," The Review of Economics and Statistics, MIT Press, vol. 86(4), pages 883-895, November.
    3. Sra Chuenchoksan & Don Nakornthab, 2008. "Past, Present, and Prospects for Thailand’s Growth: A Labor Market Perspective," Working Papers 2008-07, Monetary Policy Group, Bank of Thailand.
    4. Olley, G Steven & Pakes, Ariel, 1996. "The Dynamics of Productivity in the Telecommunications Equipment Industry," Econometrica, Econometric Society, vol. 64(6), pages 1263-1297, November.
    5. Daron Acemoglu & Philippe Aghion & Fabrizio Zilibotti, 2006. "Distance to Frontier, Selection, and Economic Growth," Journal of the European Economic Association, MIT Press, vol. 4(1), pages 37-74, March.
    6. Acemoglu, Daron & Cao, Dan, 2015. "Innovation by entrants and incumbents," Journal of Economic Theory, Elsevier, vol. 157(C), pages 255-294.
    7. Barro, Robert J. & Lee, Jong Wha, 2013. "A new data set of educational attainment in the world, 1950–2010," Journal of Development Economics, Elsevier, vol. 104(C), pages 184-198.
    8. James Levinsohn & Amil Petrin, 2003. "Estimating Production Functions Using Inputs to Control for Unobservables," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(2), pages 317-341.
    9. Amil Petrin & James Levinsohn, 2012. "Measuring aggregate productivity growth using plant-level data," RAND Journal of Economics, RAND Corporation, vol. 43(4), pages 705-725, December.
    10. Wooldridge, Jeffrey M., 2009. "On estimating firm-level production functions using proxy variables to control for unobservables," Economics Letters, Elsevier, vol. 104(3), pages 112-114, September.
    11. Hyytinen, Ari & Maliranta, Mika, 2013. "Firm lifecycles and evolution of industry productivity," Research Policy, Elsevier, vol. 42(5), pages 1080-1098.
    12. Corriveau, L., 1991. "Entrepreneurs, Growth and Cycles," Working Papers 9109e, University of Ottawa, Department of Economics.
    13. Kiatipong Ariyapruchya & Sukonpat Chantapant & Tosapol Apaitan, 2011. "Dealing with Structural Change: A Diagnosis of the Thai Economy," Working Papers 2011-04, Monetary Policy Group, Bank of Thailand.
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    Cited by:

    1. Tosapol Apaitan & Nasha Ananchotikul & Piti Disyatat, 2017. "Structural Transformation in Thailand: A Perspective Through Product Innovation," PIER Discussion Papers 72, Puey Ungphakorn Institute for Economic Research.
    2. Mr. Vladimir Klyuev, 2015. "Structural Transformation — How Does Thailand Compare?," IMF Working Papers 2015/051, International Monetary Fund.

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    More about this item

    Keywords

    Central Bank Balance Sheet and Policy Implications;

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E47 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Forecasting and Simulation: Models and Applications

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