From a supply-side perspective, Thailand should be able to sustain a high rate of growth
in future years. Labor force growth will be about 2 percent per year; and improvement in
education and skills would augment that by 0.8 (low) to 1.2 (high) percent annually.
Furthermore, if the incremental employment growth is concentrated in industry and services,
gains from reallocation should continue to contribute to TFP growth in the range of 1.5-2 percent
annually.