Abstract
Nowadays, information and communication technologies are widely used in Thailand. Also, the government has a policy to support economic development through ICT, expecting to help increase the growth of Thai economy. The research purpose is to study the impact of ICT on Thai economic trends. The researchers use ICT data which includes values of communications, computers, information, and other services covering international telecommunications and computer data from 1976 to 2017, to estimate ICT parameter with the Bayesian linear regression approach. All of parameters used in the DSGE model are to predict the effects of ICT on some parts of Thai economic sectors. The estimated result shows that ICT investment can positively contribute to an increase of consumption and future investment. Therefore, ICT investment is beneficial to Thai economic trends in positive ways.
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Klinlampu, C., Chaiboonsri, C., Saosaovaphak, A., Sirisrisakulchai, J. (2019). An Analysis of the Impact of the Digital Economy on Change in Thailand’s Economic Trends Using Dynamic Stochastic General Equilibrium (DSGE). In: Kreinovich, V., Sriboonchitta, S. (eds) Structural Changes and their Econometric Modeling. TES 2019. Studies in Computational Intelligence, vol 808. Springer, Cham. https://doi.org/10.1007/978-3-030-04263-9_33
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DOI: https://doi.org/10.1007/978-3-030-04263-9_33
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