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July 22, 2026Journal of risk and financial managementOpen Access

Environmental Sustainability, Financial Conditions, and Export Performance in Thailand’s Textile and Clothing Industry Under Trade Liberalization and the Post-ATC Era

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Authors

STSasawalai TonsakunthaweeteamUniversity of International Business and EconomicsSPSiwarit PongsakornrungsilpWalailak UniversityPPPimlapas PongsakornrungsilpWalailak University

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Implication

Randomized trial examines export performance influenced by financial and environmental factors in Thailand, indicating complex outcomes.

Key Points

  • This research aims to assess how environmental sustainability and financial conditions affect Thailand's textile and clothing exports amidst trade liberalization.
  • Analyzed panel data from 31 countries covering the period from 1990 to 2024.
  • Utilized fixed-effects regression and robust Poisson Pseudo-Maximum Likelihood (PPML) estimation.
  • Focused on the effects of environmental factors, trade policies, and financial conditions on export performance.
  • Improvements in environmental and financial conditions are linked to higher export performance.
  • ACFTA did not support trade creation, showing a negative association with export volume.
  • The post-ATC effect lacked consistent support across models and was statistically insignificant in combined specifications.

Cite This Study

Tonsakunthaweeteam et al. (2026) studied this question.

synapsesocial.com/papers/6a605dfa4163e025518d7dachttps://doi.org/10.3390/jrfm19070540
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