The Influence of the Global Supply Chain Pressure Index, Industry-Specific Factors, and Financial Factors on the Total Return Indices of Electronic Components Industry in the Stock Exchanges of Thailand, Taiwan, and the United States.
Main Article Content
Abstract
This Research Article had aims to investigate the influence of the Global Supply Chain Pressure Index (GSCPI), industry-specific factors, and financial factors on the Total Return Index of the electronic components sector in the stock markets of Thailand, Taiwan, and the United States. The study utilizes monthly time-series secondary data covering the period from June 2011 to September 2025, totaling 172 months and uses Multiple Linear Regression with Newey-West standard errors in the analysis. The statistically significant findings are as follows: (1) The Global Supply Chain Pressure Index exhibits a negative relationship with the Total Return Index of the electronic components sector in Taiwan and the United States. (2) Global semiconductor sales show a negative relationship with the Total Return Index of Taiwan's electronic components sector. (3) The Producer Price Index for the semiconductor industry demonstrates a positive relationship with the Total Return Index of Thailand's electronic components sector. (4) The Stock Exchange of Thailand (SET) Index has a positive relationship with the Total Return Index of Thailand's electronic components sector; the Taiwan Capitalization Weighted Stock Index (TAIEX) shows a positive relationship with the Total Return Index of Taiwan's electronic components sector whereas the NASDAQ Composite Index exhibits a negative relationship with the Total Return Index of the US electronic components sector. (5) The Volatility Index demonstrates a positive relationship with the Total Return Index of the electronic components sector in Taiwan and the United States. (6) The US Dollar Index shows a negative relationship with the Total Return Index of Thailand's electronic components sector, but a positive relationship with those of Taiwan and the United States.
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บทความที่ปรากฏในวารสารนี้ เป็นความรับผิดชอบของผู้เขียน ซึ่งสมาคมนักวิจัยไม่จำเป็นต้องเห็นด้วยเสมอไป การนำเสนอผลงานวิจัยและบทความในวารสารนี้ไปเผยแพร่สามารถกระทำได้ โดยระบุแหล่งอ้างอิงจาก "วารสารสมาคมนักวิจัย"
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