Abstract
In this paper, I study the consequences of Thailand’s 2006 military coup for various dimensions of Thailand’s economy. I use the synthetic control method to construct synthetic Thailand, which represents how Thailand would have been if the 2006 coup had not occurred. There are three main results. First, the synthetic control method does not detect statistically significant changes in real GDP, GDP growth rate, inflation, investment, government spending, exports, imports, labor force participation, unemployment, or financial stability. Second, the 2006 military coup temporarily decreased consumption as a percentage of GDP. Third, the military coup increased military expenditure and international tourism in the short run.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
