Kiatkajon CHAIRAT
Department of Management, Faculty of Management Technology, Rajamangala University of Technology Srivijaya, Nakhon Si Thammarat, Thailand Corresponding author: Kiatkajon Chairat Tel:+6681 870 0219
fmtkiat@gmail.com
Piya PECHSONG
Department of Management, Faculty of Management Technology, Rajamangala University of Technology Srivijaya, Nakhon Si Thammarat, Thailand
p_piya1@hotmail.com
Abstract
The aim of this paper are analyze the role of spatial concentration of economic activities and estimate the effect of provincial cluster in the Southern shore of the Gulf of Thailand on economic growth. Panel data from the years 1995-2015 are data that collected for all 4 provinces in provincial cluster. The result show the value of LQ that more than 1 reveal in agricultural (LQAgricultural) and industry sector (LQIndustry). While, the analyzed the effect of spatial concentration of economic activities in provincial cluster present agricultural sector (LQIndustry) and service sector (LQService) variables significant on economic performance. The case of hotels and restaurants (LQHotel) which is sub economic activities of service sector be significant on economic growth. These results presence the role of externalities as the factor component in the operation of the economic activities in provincial cluster of the Southern shore of the Gulf of Thailand.
Keywords: Agglomeration economies, Spatial concentration, Provincial cluster
JEL classification: R11, R12, R58