Abstract
The effects of macroeconomic factors on the rate of return of securities
Highlights
IntroductionFrom a social perspective, tourism services can support the conservation and restoration of cultural features and the environment
The transport and service industry has come to play a significant role in economy system in Thailand
The results reveal that the media services; tourism, hotel and recreation and; transport and logistics groups of the tourism and service category of the Stock Exchange of Thailand are cointegrated with the stock exchange volume in thousand shares, the exchange rate, the gold bullion price, the interest rate and the diesel oil price
Summary
From a social perspective, tourism services can support the conservation and restoration of cultural features and the environment It may reduce the problem of the migration of local communities and encourages the use of otherwise unutilized resources to create products that can be sold. Thailand has income from sales of tourism and services products at a value of more than 15% of the national gross domestic product (GDP) (The World Bank, 2020). These factors may be reflected in the growth in the transport and service sector investment market at the Stock Exchange of Thailand.
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