¹Yu-Ling Chang, ²HuiChen Chiang, ³Sarida Pichaiparakorn

^1,2,3Ming Chuan University, Taiwan

DOI : https://doi.org/10.47191/ijsshr/v7-i08-25

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ABSTRACT

This study aims to comprehensively analyze the significance of Foreign Direct Investment (FDI) in driving economic development, specifically focusing on Outflow FDI from Taiwan to Thailand. To accomplish the objective of this study, it employed a strategic approach integrating various models and utilizing statistical testing procedures to investigate the data over an 11-year period from 2012 to 2022. The findings underscore the significant impact of FDI on Thailand's GDP and PI, while also revealing the intricate effects stemming from both internal and external factors as incentives for investment, resulting from policy promotion. Moreover, this research holds value for researchers exploring economic relationships, assists policymakers in identifying trends, opportunities, and challenges, and provides insights for future considerations and proactive measures.

KEYWORDS:

Exchange Rate, Foreign Direct Investment, Policy and Production Index

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Volume 07 Issue 08 August 2024