Study of the Economic System of the Industrial Age: Financial Technology

Authors

ผศ.ดร.อภิรดา ชิณประทีป

Published

SEC Working Papers Forum 2018: Regulating by Market Forces Proceedings สำนักงานคณะกรรมการกากับหลักทรัพย์และตลาดหลักทรัพย์

Abstract

This study has aimed to analyze the factors affecting GDP of Thailand in the context of
Financial Technology. The development of technology systems, are developing rapidly so that Epayment is more likely to occur. This model is based on information regarding secondary money
supply in the quarter between 2002 -2009 and 2010 – 2017. The estimated coefficients are
derived using an Ordinary Least square paradigm. The analyzed test, was conducted for checking
stationary data to verify by time series data.
The study found that the factors that explained the effect of E-money, could be preceded
from the policy monetary and money market. The results of the analysis of factors affecting GDP
can be explained by others factor; such as interest rate which the central bank controls inflation
due to lower cash flow in the system. Meanwhile, the study uncovered that the important relation
factors explaining money in the supply system are Money stock (M1); of which affects change of
the GDP because people still used cash as much as E-money in the ecosystem. However, the
important part of the variable affecting the other variables is the velocity of change significantly
affects in the GDP even less affecting recently.

https://www.sec.or.th/TH/Documents/SECWorkingPapersForum/working-paper-forum-25620528.pdf

Study of the Economic System of the Industrial Age: Financial Technology. สำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์, SEC Working Papers Forum 2018: Regulating by Market Forces สำนักงานคณะกรรมการกากับหลักทรัพย์และตลาดหลักทรัพย์ (191-215).