Comparison of Thailand Competitiveness and Foreign Direct Investment with High Potential ASEAN Countries

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Published: Sep 19, 2021
Keywords:
Competitiveness Foreign Direct Investment ASEAN Countries

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Worapit Meemak
Doctor of Philosophy Program in Public Administration, Ramkhamhaeng University

Abstract

The study aimed to describe and compare competitiveness and foreign direct investment (FDI), including designating discriminant variables among Thailand, Singapore, Vietnam, Indonesia, and Malaysia from 315 samples selected by a stratified and simple random sampling method. Data collected via a reliability-tested questionnaire (Cronbach's Alpha = 0.927) was analyzed by multivariate analysis of variance and discriminant analysis. The findings significantly revealed differences in competitiveness and FDI (indicated by Pillai's Trace, Wilks' Lambda, Hotelling's Trace, Roy's Largest Root = 0.000) among Thailand, Singapore, Malaysia, Indonesia, and Vietnam. Additionally, through discriminant analysis, there are 2 groups that could be classified by variables of competitiveness and FDI into higher capacity countries (Thailand and Singapore), and the lesser (Vietnam, Indonesia, and Malaysia).

Article Details

How to Cite
Meemak, W. (2021). Comparison of Thailand Competitiveness and Foreign Direct Investment with High Potential ASEAN Countries. Rajapark Journal, 15(42), 129–144. Retrieved from https://so05.tci-thaijo.org/index.php/RJPJ/article/view/252949
Issue
Vol. 15 No. 42 (2021): September - Octorber
Section
Research Article

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