A study and research on the financial behavior of Thai households

Suprasit Suwannik, Puey Ungphakorn Economic Research Institute, this time the author has the opportunity to reunite with the Townsend Thai Data household database, which is the surveyed database. The same household In Thailand for a continuous period Or called in Statistical language “Panel data” after a few years The authors previously created this summary with Project Leader, Professor Robert M. Townsend, and used this information for analysis. Financial behavior of Thai households The author is conducting research on Thai household behavior in aspects of spending behavior on certain products. (Which will bring the research results to tell each other to listen to each other for sure) Today, we would like to invite the readers to get to know the database first.
Townsend Thai Data is a database created from the research project. The development of Thai economy known as “Townsend Thai Project” by Professor Robert M. Townsend of the Faculty of Economics. MIT US University has partnered with Sakuntaseti to establish the Thai Family Research Center (TFRP) to collect household information in Thailand. To assess the role of informal institutions, such as family institutions. Community network Understanding the foundation of the structure National economy Including examining changes in households and communities The information is then published that scholars and policy makers can be used. This will ultimately affect the overall economy, including the region and the country. In particular, economic and social policy design that is “on the spot” and “actually effective”.
This iterative database of Thai households has spanned nearly 20 years of data that statisticians and economists know how much effort, dedication, and budget is needed to survey traditional households. (Over the course of 20 years, the program has received financial support from a number of institutions, including the US National Institute of Child Health and Human Development (NICHD), which has been a major contributor since the program’s inception. University of the Thai Chamber of Commerce This includes all familiar names such as the Bill & Melinda Gates Foundation) Townsend Thai Data.The first survey was conducted from April 1997 until 2017, spanning 6 provinces in 4 regions.The project has selected provinces with at least one district included. In the survey of the socio-economic conditions of the household (Socio-Economic Survey or SES) of the National Statistical Office every year. For the benefit of comparing and analyzing research results with data covering an entire country. The data was collected from the previous household, a total of 960 households.