The Impact of Thailand's Openness on Bilateral Trade between Thailand and Japan: Copula-Based Markov Switching Seemingly Unrelated Regression Model

The purpose of this paper is to analyze the impact of trade openness and the factors based on the gravity model on the bilateral trade flows between Thailand and Japan. The factors consist of GDP, distance, trade openness, and exchange rate. Bilateral trade is composed of two flows: Thailand&#82...

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Bibliographic Details
Main Authors: Pathairat Pastpipatkul, Petchaluck Boonyakunakorn, Kanyaphon Phetsakda
Format: Article
Language:English
Published: MDPI AG 2020-01-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/8/1/9