UUM ETD | Universiti Utara Malaysian Electronic Theses and Dissertation
FAQs | Feedback | Search Tips | Sitemap

The effect of entrepreneurship on growth, income inequality and poverty in Thailand

Yanya, Muhammadsuhaimee (2015) The effect of entrepreneurship on growth, income inequality and poverty in Thailand. PhD. thesis, Universiti Utara Malaysia.

[img] Text
s91737_01.pdf
Restricted to Registered users only

Download (2MB)
[img]
Preview
Text
s91737_02.pdf

Download (1MB) | Preview

Abstract

Entrepreneurship has been argued to play a key role in economic development. In this regard, Thailand has recorded remarkably high entrepreneurial activities compared to other Asian countries. Paradoxically, Thailand’s economic development in terms of growth, poverty and inequality has been relatively dismal compared to other Asian countries. Accordingly, these observations cast doubts on the role of entrepreneurship in economic development in Thailand. Therefore, the objective of this study is to investigate the impact of entrepreneurship on growth, poverty and inequality in Thailand. This study employs the growth regression model to investigate the relationship between entrepreneurship and growth. In addition, this study employs the inequality and poverty regression model to investigate the relationship between entrepreneurship and poverty, and between entrepreneurship and inequality. Besides, to ascertain the causality direction between entrepreneurship and growth, this study employs the Granger Causality test. This study uses the panel data for 76 provinces in Thailand covering the period 1997–2008. The results of the study show that entrepreneurship has a significantly positive impact on economic growth in Thailand. Entrepreneurship also is found to have a negative significant impact on poverty. However, the study fails to find evidence on the impact of entrepreneurship on income inequality and income of the poor. Furthermore, the Granger Causality test shows that entrepreneurship Granger-causes growth but not vice versa. Overall, the results imply that while entrepreneurship has a favorable effect on individuals as a whole, the benefits of entrepreneurship appear to accrue more to the non-poor individuals. Therefore, it is imperative that the policy- makers review the existing policies and strategies with regard to entrepreneurship development in Thailand.

Item Type: Thesis (PhD.)
Uncontrolled Keywords: Poverty, Income inequality, Entrepreneurship, Economic growth.
Subjects: H Social Sciences > HB Economic Theory > HB615-715 Entrepreneurship. Risk and uncertainty. Property
Divisions: Othman Yeop Abdullah Graduate School of Business
Depositing User: Mr. Badrulsaman Hamid
Date Deposited: 26 Jun 2016 09:55
Last Modified: 26 Jun 2016 09:55
URI: http://etd.uum.edu.my/id/eprint/5751

Actions (login required)

View Item View Item