The Effects of Foreign Penetration on Thai Domestic Banking Industry : Econometric Analysis of Micro Level Data on Individual Thai Banks

（1）研究目的本研究的目的是通过使用国内和外国银行的微观数据来调查外国银行渗透对泰国银行业的影响，并制定最适当的政策，以确保外国银行的经营符合泰国银行市场的长期目标。本研究主要包括四个方面的研究：（1）对外资进入影响的理论观点的考察，（2）对泰国银行业务活动的调查分析，（3）利用泰国商业银行的微观数据进行的计量经济学分析，（4）泰国案例与其他国家案例的国际比较。（2）2003财政年度的研究结果参考文献第（1）条分析了泰国商业活动的原始调查结果。参考文献》第四章运用微观经济学理论框架，对外资银行进入对拉美和中东国家影响的研究进行了回顾。（3）2004年度的研究结果《参考资料》第（2）条通过回归分析，对各银行的经营指标的变化进行了研究。本研究的原始版本于<th>2004年11月在香港举行的东亚经济协会第九届国际会议上发表。参考文献中的第（3）条准确地调查了外国银行和泰国国内银行在增加外国银行渗透方面的比较成本结构。2004年9月，在名古屋召开的日本货币经济学会年会上，发表了本研究的原始版本。参考文献第（5）条根据调查分析和计量经济学研究确定的银行技术特征，讨论了泰国外国银行进入政策的适当性及其对未来银行政策的影响。

(1)PurposesThe purpose of the research is to investigate the impact of foreign penetration in Thai banking industry by using micro level data on individual domestic and foreign banks and formulate the most appropriate policies to ensure the foreign banks operate in line with the long-term goals of the Thai banking market. The research contains four major studies, (1)examination of theoretical viewpoints on the impact of foreign penetration, (2)survey analysis on the business activities of Thai banks, (3)econometric analysis using micro level data on commercial banks in Thailand, and (4)international comparison of Thai case with other countries' cases.(2)Research results in fiscal year 2003Article (1)in REFERENCES analyzes the results of original survey on the business activities of Thai. Article (4)in REFERENCES reviews the previous studies on the impacts of foreign bank entry in the Latin American and Middle Eastern European countries using the micro economic theoretical framework.(3)Research results in fiscal year 2004Article (2)in REFERENCES examines the changes in the operational indicators of individual banks by using regression analysis. The original version of this study was presented at the 9^<th> International Convention of the East Asian Economic Association held at Hong Kong in November 2004. Article (3)in REFERENCES investigate precisely the comparative cost structure of foreign and the Thai domestic banks in the relation with the increased foreign bank penetration. The original version of this study was presented at the Convention of Japan Society of Monetary Economics held at Nagoya in September 2004. Article (5)in REFERENCES, based on the technological characteristics of the banks identified by survey analysis as well as econometric studies, discusses the appropriateness of foreign bank entry policy in Thailand as well as its implications for future banking policies.