TY  - JOUR
T1  - The Relationship Between Macroeconomic Factor and Condominium Business
Growth in Thailand
AU - Sopitarpapong, Ditthawat AU - Rattanawiboonsom, Vichayanan 
JO  - Journal of Economics Theory
VL  - 12
IS  - 2-6
SP  - 28
EP  - 33
PY  - 2018
DA  - 2001/08/19
SN  - 1994-8212
DO  - jeth.2018.28.33
UR  - https://makhillpublications.co/view-article.php?doi=jeth.2018.28.33
KW  - Thailand real estate promotion
KW  -growth of Thailand condominium
KW  -condominium registration
KW  -promotion policy
KW  -economic cycle
KW  -business in Thailand
AB  - The purpose of this research is to study the relationship between macroeconomic factor and
condominium business growth in Thailand. This study used 70-quarter secondary data from the first quarter
of 2000 to the second quarter of 2017. The data were then analyzed using linear regression (multiple regressions)
and a software program to test the hypothesis and to test the relationship between independent variables and
dependent variables. The factors that have been studied among 3 sectors: the gross domestic product, business
sentiment index and real estate promotion policy in Thailand with the number of condominium registered by
consumers from 2000 until second quarter of 2017 are related and different. Which factor measures have
significant implications for the growth of the condominium business? The results show that only the gross
domestic product to significantly and affect condominium growth at the statistical significance level of 0.01 and
unaffected for business sentiment index because It may be just a point view of an entrepreneur to perception
and belief. The last factor real estate promotion policy in Thailand unaffected too because promotion not align
with economic cycle. This may not have the effect increasing condominium business in Thailand.
ER  -