Macroeconomic Trend and the Mutual Fund Market in Thailand

Authors

  • Yuthana Sethapramote Assistant Professor of Economics, Graduate School of Development Economics, National Institute of Development Administration (NIDA), Serithai Road, Klong-Chang, Bangkapi, Bangkok, 10240, Thailand.

Keywords:

Mutual Fund Market, Macroeconomic Trend, Thailand *

Abstract

This paper aims analyzing impacts of macroeconomic trend to the value
of mutual fund market in Thailand including to predict the future trend of this
market. Our results show that income level and rate of return in investment
are the important factors determine growth of mutual fund market. Using NIDA
Macroeconometrics Model, the mutual fund market in Thailand is expected
to grow around 11.3-14.3 percent in the next 1-2 years, which is much higher
than the national income’s growth. Under this curcumstant, the proportion
of mutual fund market in Thailand to national income will be expected to
increase from 21 percent in 2012 to around 38 percent in 2024-2027.

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Published

2013-07-01

Issue

Vol. 7 No. 2 (2013): NIDA Economic Review Journal

Section

Articles

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