Paper Title
Impact of Economic Factors on the Return of Eight Industry Group Index in the Stock Exchange of Thailand

Abstract
This paper examines the Impact of Economic Factors on the Return of Eight Industry Group Index in the Stock Exchange of Thailand by using multrivariateprobit model (MVP) data monthly period from January 2006 to December 2018, total for 156 months or 13 years. Multivariate probit model describes the relationship between the independent variables (economic factors) and the dependent variables (Industry Group Index) in the form of probabilities.The findings showeconomic factors have impact on eight industry groupindex in difference way. Keywords— Multivariate probit, Industry Group Index, Maximum likelihood Estimation, binary data