Title: Household vulnerability to poverty in Thailand

Authors: Krichayapron Duangkaew

Addresses: Faculty of Economics, Chiang Mai University, Chiang Mai, 50200, Thailand

Abstract: This paper investigates the households' vulnerability to poverty in Thailand. The three-stage feasible generalised least squares (3FGLS) method is employed to measure the poverty vulnerability in Thailand, and the panel regression is then used to investigate the macroeconomic impact on the vulnerability to poverty. The result shows that the Northern, Eastern, Central, Southern, and Bangkok regions are not much different in the household vulnerability to poverty matter. However, Bangkok apparently has the lowest vulnerability to poverty compared to other regions. Finally, the panel regression analysis reveals that household debt and unemployment are the key factors affecting vulnerability to poverty in Thailand.

Keywords: consumption; panel regression; Thailand; three-stage least-squares; vulnerability to poverty.

DOI: 10.1504/IJEPEE.2023.136315

International Journal of Economic Policy in Emerging Economies, 2023 Vol.18 No.3/4, pp.335 - 343

Received: 25 Dec 2020
Accepted: 11 Jun 2021
Published online: 30 Jan 2024 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article