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Abstract:
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This research aims to investigate the correlation between Thai cassava export and macroeconomic determinants, by using the ARDL approach to cointegration method. Drawing on monthly data for the past 10 years, starting from 1st January 2005 to 31st December 2015, this study examines the data of cassava exports from Thailand to major economies such as China , Indonesia, and Japan.In this study, the data analysis involves a correlational examination through an estimation of the ARDL approach to cointegration, which can be classified into two main categories. The first category involves an analysis of the foreign currency exchange and the volume of cassava exports from Thailand to major importing countries which have great influence on the long-run equilibrium relationship with the prices of cassava exports from Thailand to the aforementioned countries including the export of cassava flour from Thailand to China and the export of cassava sago from Thailand to Japan. The second category includes only foreign currency exchange rates that are influential to the long-run equilibrium relationship with the prices of cassava exports from Thailand to major importing countries such as the export of cassava chips from Thailand to Indonesia.
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