{"id":"https://openalex.org/W4320066575","doi":"https://doi.org/10.1145/3568739.3568807","title":"Study on the Correlation between Capital Account Opening and Financial Market Stability-Evidence from Thailand","display_name":"Study on the Correlation between Capital Account Opening and Financial Market Stability-Evidence from Thailand","publication_year":2022,"publication_date":"2022-09-16","ids":{"openalex":"https://openalex.org/W4320066575","doi":"https://doi.org/10.1145/3568739.3568807"},"language":"en","primary_location":{"id":"doi:10.1145/3568739.3568807","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3568739.3568807","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 6th International Conference on Digital Technology in Education","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100722913","display_name":"Changqing Liu","orcid":"https://orcid.org/0000-0003-0213-8372"},"institutions":[{"id":"https://openalex.org/I4210141223","display_name":"Baise University","ror":"https://ror.org/03f3rne76","country_code":"CN","type":"education","lineage":["https://openalex.org/I4210141223"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Changqing Liu","raw_affiliation_strings":["College of Mathematics and Statistics,, Baise University, China"],"raw_orcid":"https://orcid.org/0000-0003-0213-8372","affiliations":[{"raw_affiliation_string":"College of Mathematics and Statistics,, Baise University, China","institution_ids":["https://openalex.org/I4210141223"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5030892736","display_name":"Fangjhy Li","orcid":"https://orcid.org/0000-0002-3440-376X"},"institutions":[{"id":"https://openalex.org/I4210099437","display_name":"Hubei University Of Economics","ror":"https://ror.org/012a84b59","country_code":"CN","type":"education","lineage":["https://openalex.org/I4210099437"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Fangjhy Li","raw_affiliation_strings":["School of Finance,, Hubei University of Economics, China"],"raw_orcid":"https://orcid.org/0000-0002-3440-376X","affiliations":[{"raw_affiliation_string":"School of Finance,, Hubei University of Economics, China","institution_ids":["https://openalex.org/I4210099437"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5011917190","display_name":"Hsin-Pei Hsueh","orcid":null},"institutions":[{"id":"https://openalex.org/I4210141223","display_name":"Baise University","ror":"https://ror.org/03f3rne76","country_code":"CN","type":"education","lineage":["https://openalex.org/I4210141223"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Hsin-Pei Hsueh","raw_affiliation_strings":["College of Mathematics and Statistics,, Baise University, China"],"raw_orcid":"https://orcid.org/0000-0003-4371-687X","affiliations":[{"raw_affiliation_string":"College of Mathematics and Statistics,, Baise University, China","institution_ids":["https://openalex.org/I4210141223"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5100722913"],"corresponding_institution_ids":["https://openalex.org/I4210141223"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.24816558,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"403","last_page":"406"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9927999973297119,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9927999973297119,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9905999898910522,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9901000261306763,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/stock-market","display_name":"Stock market","score":0.5657095313072205},{"id":"https://openalex.org/keywords/capital-control","display_name":"Capital control","score":0.5352210998535156},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5181525945663452},{"id":"https://openalex.org/keywords/capital-market","display_name":"Capital market","score":0.4682985842227936},{"id":"https://openalex.org/keywords/index","display_name":"Index (typography)","score":0.46548691391944885},{"id":"https://openalex.org/keywords/proxy","display_name":"Proxy (statistics)","score":0.41370266675949097},{"id":"https://openalex.org/keywords/sample","display_name":"Sample (material)","score":0.41076990962028503},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.3821675777435303},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.3749775290489197},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.3704664707183838},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.35806629061698914},{"id":"https://openalex.org/keywords/capital-flows","display_name":"Capital flows","score":0.09811186790466309},{"id":"https://openalex.org/keywords/market-economy","display_name":"Market economy","score":0.09040990471839905},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.08666637539863586}],"concepts":[{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.5657095313072205},{"id":"https://openalex.org/C2776811073","wikidata":"https://www.wikidata.org/wiki/Q1946428","display_name":"Capital control","level":4,"score":0.5352210998535156},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5181525945663452},{"id":"https://openalex.org/C143910263","wikidata":"https://www.wikidata.org/wiki/Q750458","display_name":"Capital market","level":2,"score":0.4682985842227936},{"id":"https://openalex.org/C2777382242","wikidata":"https://www.wikidata.org/wiki/Q6017816","display_name":"Index (typography)","level":2,"score":0.46548691391944885},{"id":"https://openalex.org/C2780148112","wikidata":"https://www.wikidata.org/wiki/Q1432581","display_name":"Proxy (statistics)","level":2,"score":0.41370266675949097},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.41076990962028503},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3821675777435303},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3749775290489197},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3704664707183838},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.35806629061698914},{"id":"https://openalex.org/C2991741723","wikidata":"https://www.wikidata.org/wiki/Q8137","display_name":"Capital flows","level":3,"score":0.09811186790466309},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.09040990471839905},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.08666637539863586},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C58823610","wikidata":"https://www.wikidata.org/wiki/Q746418","display_name":"Liberalization","level":2,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/3568739.3568807","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3568739.3568807","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 6th International Conference on Digital Technology in Education","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.5799999833106995,"display_name":"Partnerships for the goals","id":"https://metadata.un.org/sdg/17"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":12,"referenced_works":["https://openalex.org/W1969184937","https://openalex.org/W2081857815","https://openalex.org/W2135186461","https://openalex.org/W2153554155","https://openalex.org/W2166587178","https://openalex.org/W2341100036","https://openalex.org/W2796635882","https://openalex.org/W3121399404","https://openalex.org/W3122509480","https://openalex.org/W3124973429","https://openalex.org/W4299474897","https://openalex.org/W6642510971"],"related_works":["https://openalex.org/W2028495302","https://openalex.org/W4396872084","https://openalex.org/W4249498729","https://openalex.org/W2002261065","https://openalex.org/W1513656766","https://openalex.org/W4234271920","https://openalex.org/W2032726490","https://openalex.org/W2498984347","https://openalex.org/W2896239107","https://openalex.org/W2072265457"],"abstract_inverted_index":{"This":[0],"study":[1],"intends":[2],"to":[3,25,86,128,179,260],"explore":[4],"the":[5,27,44,50,52,57,63,67,71,77,93,109,113,129,132,150,160,164,180,183,200,212,215,227,236,241,247,252,261],"impact":[6],"of":[7,39,95,98,119,131,148,170,182,199,217,224,246,249,251],"Thailand's":[8,222,237,253,262],"capital":[9,40,45,120,171,218,254],"account":[10,41,46,121,172,219],"opening":[11,42,122,173,220,250],"on":[12,92],"financial":[13,53,78,133,184],"market":[14,54,79,134,185,239],"stability.":[15],"The":[16,37,117,139,168],"data":[17,34],"period":[18],"in":[19,123,174,214,221,229,235,240,276],"this":[20,270],"paper":[21],"is":[22,30,105,125,156,176,190,204,257],"from":[23],"2000":[24],"2018,":[26],"sample":[28,115,166],"country":[29],"Thailand,":[31],"and":[32,66,226,243,278],"annual":[33],"are":[35,102,153],"collected.":[36],"degree":[38,118,169,216,248],"uses":[43,56,70],"net":[47,231],"value":[48,232],"as":[49,62],"data,":[51],"stability":[55,130,181],"Thailand":[58,124,175],"stock":[59,136,187,238,263],"price":[60],"index":[61],"proxy":[64],"variable,":[65],"control":[68,100,151],"variable":[69],"International":[72],"Monetary":[73],"Fund":[74],"(IMF)":[75],"indicator:":[76],"efficiency":[80],"index.":[81],"We":[82],"use":[83],"wavelet":[84],"analysis":[85],"demonstrate":[87],"it.":[88],"Empirical":[89],"results:":[90],"(1)":[91],"island":[94],"correlation,":[96],"regardless":[97,147],"whether":[99,149],"variables":[101,111,152,162],"included,":[103],"there":[104,155,256],"no":[106,157,191,258],"correlation":[107,158,259],"between":[108,159],"two":[110,161],"during":[112,163],"full":[114],"period.":[116,167],"not":[126,177],"related":[127,178],"(Thailand":[135,186],"market).":[137,188],"(2)":[138],"short-term":[140,279],"(1-4":[141],"years)":[142,194],"phase":[143],"difference":[144],"shows":[145],"that,":[146],"included;":[154],"entire":[165],"There":[189],"long-term":[192],"(4-8":[193],"linkage":[195],"relationship.":[196],"In":[197],"view":[198],"empirical":[201],"results,":[202],"it":[203],"recommended":[205],"that":[206],"international":[207,266],"investors":[208,267],"be":[209],"optimistic":[210],"about":[211],"changes":[213,228],"balance":[223],"payments":[225],"its":[230],"when":[233,274],"investing":[234,275],"short":[242],"long-term.":[244],"Because":[245],"account,":[255],"market.":[264],"Therefore,":[265],"can":[268],"ignore":[269],"overall":[271],"economic":[272],"indicator":[273],"long-":[277],"investments.":[280]},"counts_by_year":[],"updated_date":"2026-03-27T05:58:40.876381","created_date":"2025-10-10T00:00:00"}