The Economic Impact of Demographic Change in Thailand, 1980-2015: An Application of the HOMES Household Forecasting Model
Burnham O. Campbell, Andrew Mason, Ernesto M. Pernia
East-West Center, published, 1993 - Business & Economics - 357 pages
Thailand has experienced extraordinary demographic change and record-breaking economic growth during the last few decades. This study uses a recently developed projection model - HOMES, Household Model for Economic and Social Studies - to examine the changes and their continuing implications for six demographically sensitive sectors of the economy: education, health, housing, consumer expenditure, household saving, as well as labor force, employment, and wages. The relationship between demographic change and each of these economic sectors is assessed through extensive analysis of census and survey data collected during the 1980s. The study is a joint effort of the East-West Center's Program on Population, the National Economic and Social Development Board of Thailand, and the Asian Development Bank.
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Households and Their Characteristics
Labor Force and Wage Forecasts
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adjusted adults age and sex age group age of head amphoe analysis Andrew Mason Asian Development Bank average number bachelor's degree Bangkok billion baht capita expenditure capita income childbearing decline demographic change dependency ratio educational attainment elderly employment estimates family households female-headed Figure forecast growth rate headship rates higher household expenditure household head household members household saving household type housing stock impact income elasticity increase independent variables inpatient intact households labor demand labor force labor supply labor-force participation Male Female million MOPH nomic number of children number of households number of members number of students number of workers offspring older one-person households open universities opportunity cost outpatient percent per annum percentage population primary primary education projections relative residential construction saving ratio school enrollment secondary sector socioeconomic statistical student-teacher ratio Table teachers Thailand tion types of households urban women