19th Thailand Econometrics Society (TES 2026) Conference on Economics and Financial Modelling and Application

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: closed (7 January 2026) | Viewed by 2172

Special Issue Editors


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Guest Editor
Faculty of Economics, Chiang Mai University, Chiang Mai 50200, Thailand
Interests: applied econometrics; computer science; web application
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
Faculty of Economics, Chiang Mai University, Chiang Mai 50200, Thailand
Interests: applied econometrics; economic growth; economic development; macro-econometrics
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
Faculty of Economics, Chiang Mai University, Chiang Mai 50200, Thailand
Interests: labour economics; health economics; public policy

Special Issue Information

Dear Colleagues,

The 19th Thailand Econometrics Society (TES 2026) Conference will be held on 7–9 January 2026, at the Faculty of Economics, Chiang Mai University, Chiang Mai, Thailand. The conference will focus on a broad range of topics in finance, economics, econometrics, and data science. In conjunction with this event, we are pleased to announce a Special Issue aimed at publishing selected high-quality papers presented at the conference. This Special Issue will emphasize research related to advanced economic and financial modelling and their real-world applications. We welcome contributions that explore innovative methodologies, empirical insights, and theoretical advancements in these fields.

https://tes.econ.cmu.ac.th/index

Dr. Woraphon Yamaka
Dr. Paravee Maneejuk
Dr. Supanika Leurcharusmee
Guest Editors

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Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a double-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Economies is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • economic and financial applications
  • data analytics
  • econometrics
  • machine learning
  • optimization
  • estimations
  • regularization
  • diffusion models

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Published Papers (1 paper)

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Research

23 pages, 328 KB  
Article
Institutional Thresholds and the Distributional Effects of Foreign Direct Investment in ASEAN-5
by Tin Maw Maw Tun, Paravee Maneejuk and Songsak Sriboonchitta
Economies 2026, 14(2), 45; https://doi.org/10.3390/economies14020045 - 31 Jan 2026
Viewed by 1213
Abstract
Using a fixed-effects panel threshold regression with Driscoll–Kraay inference, this paper examines how institutional quality shapes the distributional effects of foreign direct investment (FDI) in the ASEAN-5 economies (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) over 2002–2023. The empirical framework allows the impact [...] Read more.
Using a fixed-effects panel threshold regression with Driscoll–Kraay inference, this paper examines how institutional quality shapes the distributional effects of foreign direct investment (FDI) in the ASEAN-5 economies (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) over 2002–2023. The empirical framework allows the impact of FDI on income inequality (net Gini index) to differ across low- and high-institutional regimes and to vary within regimes through interaction terms. Across governance indicators from the Worldwide Governance Indicators and a composite institutional quality index (IQ) constructed via principal component analysis (PCA), the results reveal pronounced nonlinearities, most clearly for government effectiveness, where the association between FDI and inequality switches sign across institutional regimes. For other governance dimensions, the FDI–inequality relationship is similarly regime-dependent and operates partly through regime-specific interaction effects, underscoring the importance of institutional thresholds in mediating distributional outcomes. Robustness checks confirm the directional consistency of the baseline results. Our findings imply that governance reforms must surpass critical institutional thresholds, particularly in effectiveness and implementation capacity, before FDI can contribute to reducing income inequality, highlighting the central role of deep governance improvements in enabling inclusive growth in ASEAN economies. Full article
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