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Industry cluster using cluster analysis to support industry cluster policy of Thailand
Author(s)
Date Issued
June 1, 2019
Type
Conference Paper
Abstract
This research implies clustering into three clusters for five industries by means of k-Means clustering method. Agro-processing, textiles and clothing, petrochemicals and chemicals, electronics and telecommunications equipment and automotive and parts are selected for this study as they are main target promoting industries for Thailand. There were 23,628 firms in this study. From this study, we can identify different patterns of demanded resources in three different groups. One cluster required low level of resourced demands for all variables while the other two clusters required capital and manpower interchangeable between high and medium level. Only the electronics and telecommunications equipment sector showed high to medium demand for all variables. After all firms were divided into three clusters, we were able to define cluster regions by provinces, for particular types of clusters in order to evaluate the potential of each region and also define supporting policy for those firms to meet their demands following the regional economic development strategy.
Citation
Proceedings European Council for Modelling and Simulation Ecms, 33(1), 240-246, 2019