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Consequences of Thailand’s 2006 military coup: Evidence from the synthetic control method
European Journal of Political Economy ( IF 2.343 ) Pub Date : 2023-09-29 , DOI: 10.1016/j.ejpoleco.2023.102475
Wisarut Suwanprasert

In this paper, I study the consequences of Thailand’s 2006 military coup for various dimensions of Thailand’s economy. I use the synthetic control method to construct synthetic Thailand, which represents how Thailand would have been if the 2006 coup had not occurred. There are three main results. First, the synthetic control method does not detect statistically significant changes in real GDP, GDP growth rate, inflation, investment, government spending, exports, imports, labor force participation, unemployment, or financial stability. Second, the 2006 military coup temporarily decreased consumption as a percentage of GDP. Third, the military coup increased military expenditure and international tourism in the short run.



中文翻译:

泰国 2006 年军事政变的后果:来自综合控制方法的证据

在本文中,我研究了泰国 2006 年军事政变对泰国经济各个方面的影响。我用合成控制方法来构建合成泰国,它代表了如果2006年政变没有发生的话泰国会是什么样子。主要结果有三个。首先,综合控制方法没有检测到实际GDP、GDP增长率、通货膨胀、投资、政府支出、出口、进口、劳动力参与、失业或金融稳定性方面的统计显着变化。其次,2006年的军事政变暂时降低了消费占GDP的比例。第三,军事政变在短期内增加了军费开支和国际旅游业。

更新日期:2023-09-29
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