The Wisdoms Influencing the Community Economy Development of the Communities in Phayao, Thailand
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Abstract
The research objective is to study the wisdoms influencing the community economy development of the communities in Phayao. The quantitative methodology was conducted. Unit of analysis it household level. Samples are 232 household heads which was the all of household heads. The tool of research is interview schedule for collecting data. Data analysis is multiple regression. Table and descriptive are used for presenting the data.
The results were found that: Demotions of wisdom, livelihood, social relation, and religion and believe are positive influence on the community economy development with statistical significance at .05. When considering the wisdom that has the best power to predict the changes of community economic development, it is found that social relations has the most power to predict changes in community economic development. Which has a standard regression coefficient (β) equal to .413. The following is livelihood which has a standard regression coefficient (β) equal to .277, religion and belief which has a standard regression coefficient (β) equal to .184 and a handicraft which has a standard regression coefficient (β) equals .177 respectively. It can explain the variability of community economic development 51.9 percent (R2 Adjust = .519). And there is a standard deviation in the model estimation of 11.34999 (Std.EE. = 11.34999).
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References
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