Industrial Systems Product Influencing the Value of Thailand’s Border Trade
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Abstract
This study attempted to identify products in the industrial systems that affect total value, export value and import value of Thailand’s border trade. The variables for analyzing included the export value of rubber, computer, equipment and components, automobile, automotive parts and components, diesel fuel and the import value of natural gas, magnetic tape and magnetic disk for computer, industrial machinery and components, storage media from 2011 to 2018. The multiple regression analysis was tested with the significant level of 0.05. The results revealed that (1) the export value of computer, equipment and components and the import value of industrial machinery and components had an influence on the total value of Thailand’s border trade, (2) the export value of computer, equipment and components had an influence on the export value of Thailand’s border trade, and (3) the import value of industrial machinery and components had an influence on the import value of Thailand’s border trade. The study showed how those products in the industry had an impact upon border trade value of Thailand. As Thailand has production potential to respond to neighboring market needs, meanwhile it still relies on imported product for national industrial development. This study will be useful for the Thai government and entrepreneurs to implement the results for projects and strategies for border trade.
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