Advances in Applied Economic Research: Proceedings of the 2016 International Conference on Applied Economics (ICOAE)

869 Pages·2017·12.9 MB·English

by  Nicholas Tsounis

Springer Proceedings in Business and Economics
Nicholas Tsounis
Aspasia Vlachvei Editors
Advances in
Applied Economic
Research
Proceedings of the 2016 International
Conference on Applied Economics (ICOAE)
Springer Proceedings in Business and Economics
Moreinformationaboutthisseriesathttp://www.springer.com/series/11960
Nicholas Tsounis • Aspasia Vlachvei
Editors
Advances in Applied
Economic Research
Proceedings of the 2016 International
Conference on Applied Economics (ICOAE)
123
Editors
NicholasTsounis AspasiaVlachvei
DepartmentofInternationalTrade DepartmentofInternationalTrade
WesternMacedoniaUniversity WesternMacedoniaUniversity
ofAppliedSciences ofAppliedSciences
Kastoria,Greece Kastoria,Greece
ISSN2198-7246 ISSN2198-7254 (electronic)
SpringerProceedingsinBusinessandEconomics
ISBN978-3-319-48453-2 ISBN978-3-319-48454-9 (eBook)
DOI10.1007/978-3-319-48454-9
LibraryofCongressControlNumber:2016955838
©SpringerInternationalPublishingAG2017
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Preface
The International Conference on Applied Economics (ICOAE 2016) has been co-
organisedin2016bytheDepartmentofFinanceandEconomicsoftheUniversity
of Nicosia, Cyprus, and the Department of International Trade at Kastoria of the
WesternMacedoniaUniversityofAppliedSciences,Greece,afterthekindinvitation
by the Head of the Department of Finance and Economics of the University of
NicosiaDr.SpyrosHadjidakiswhoisalsoaco-chairoftheconference.
ICOAE is an annual conference started in 2008 with the aim to bring together
economists from different fields of Applied Economic Research in order to share
methods and ideas. Applied economics is the field of economics that combines
economictheorywitheconometricstoanalyseeconomicproblemsoftherealworld
usuallywitheconomicpolicyinterest.Thetopicscoveredbythearticlespresented
atICOAE2016includeappliedfinancialeconomicsissueswithwidegeographical
dispersion, applied microeconomics with a focus on specific economic sectors
of various countries, applied macroeconomics with interesting policy conclusions
for the specific countries used in the analysis, applied international economics
with interesting conclusions about the effects of globalisation process and applied
educationandhealtheconomicswithconclusionsregardingwelfare.
All papers presented in ICOAE 2016 and published in the conference proceed-
ingswerepeerreviewedbyanonymousreferees.Intotal,96worksweresubmitted
from 32 countries while 64 papers were accepted for presentation and publication
intheconferenceproceedings.TheacceptancerateforICOAE2016was67%.
ICOAE2016hadthefollowingkeynotespeakerswhoarescientistswithamajor
contributionintheirfields(inalphabeticalorder):
Prof.GeorgeAgiomirgianakis,HellenicOpenUniversity,Greece.
Prof.KostasKarantininis,UniversityofCopenhagen,Denmark—SwedishUniver-
sityofAgriculturalSciences,Sweden.
Prof.IanSteedman,ManchesterMetropolitanUniversity,SeniorResearchFellow,
WilliamTempleFoundation,HonoraryResearchFellow,UniversityofChester,
UnitedKingdom.
v
vi Preface
Finally,theorganisersofICOAE2016wouldliketothank:
(cid:129) The Scientific Committee of the conference for their help and their important
supportforcarryingoutthetremendousworkloadorganisingandsynchronising
thepeerreviewingprocessofthesubmittedpapersinaveryspecificshortperiod
oftime.
(cid:129) The anonymous reviewers for accepting to referee the conference papers and
submittheirreviewsontimeforthefinalisationoftheconferenceprogramme.
(cid:129) Special thanks are also due, as I have already mentioned, to Dr. Spyros
Hadjidakis,theChairoftheDepartmentofFinanceandEconomics,foraccepting
to host the conference and provide the required resources for its successful
organisation.
(cid:129) ThelocalorganisingcommitteeandthevolunteeringstudentsoftheUniversity
ofNicosiafortheirhelpinthesuccessoftheconference.
(cid:129) Lastbutnotleast,specialthanksaredueto
– Prof.RaniaNottaandMr.DimitriosToulios.
– Mr. Lazaros Markopoulos and Mr. Stelios Angelis for the administration of
theconferencewebsiteandtechnicalsupport.
– EuropiaVoukelatou andGerassimosBertsatosfortheirservicesattheregis-
trationdeskoftheconferenceinCyprus.
Kastoria,Greece NicholasTsounis
AspasiaVlachvei
Contents
1 A CGE Analysis of the Macroeconomic Effects
ofCarbonDioxideEmissionReductionontheAlgerianEconomy 1
TouitouMohammed
2 Impact of International Migration on Human
Development:ASouthAsianPerspective............................. 21
SamiUllah
3 Job Satisfaction Factors Among University Staff
OfficersinanEmergingEconomy:TheCaseofSriLanka......... 37
LakminiV.K.Jayatilake
4 BlogsUsageinPurchasingProcess.................................... 49
MartinaFerencová,LukášKakalejcˇík,andSebastianKot
5 Social and Community Services Government
ExpenditureandNigeria’sEconomicGrowth ....................... 59
OkezieA.IhugbaandAsolukaC.Njoku
6 TheRelationshipBetweenGovernmentExpenditure
onHealthandGDPinTurkey ......................................... 73
NedimDikmen
7 BankingEfficiencyandFinancialStability:Which
CausesWhich?APanelAnalysis...................................... 91
NaderAlber
8 DynamicModelingofCausalRelationshipBetween
EnergyConsumption,CO Emissions,andEconomic
2
GrowthinItaly........................................................... 99
PavlosStamatiouandNikolaosDritsakis
vii
viii Contents
9 Financial Literacy and Financial
Behavior: An Evidence of Linkage in Albanian
Context.................................................................... 111
BesaShahini
10 FinancialLeverageHitsCorporatePerformance.................... 125
Muhammad Ishfaq Ahmad, Wang Guohui,
Mudassar Hasan, Muhammad Yasir Rafiq,
andRamiz-UrRehman
11 Comparison of Innovation Performance
WithinVisegradCountries............................................. 139
TatianaCorejovaandMarioAl Kassiri
12 Dimensions of Market Liquidity: The Case of the
PolishStockMarket..................................................... 151
JoannaOlbrysandMichalMursztyn
13 FormalIdentificationofCrisesontheEuroAreaStock
Markets,2004–2015..................................................... 167
ElzbietaMajewskaandJoannaOlbrys
14 EconomicsandMarketingofE-Commerceat0km
andFurtheronthePathTowardsS-Commerce ..................... 181
AngelaBesanaandAnnamariaEsposito
15 UsingDemographicVariablestoDetermineTarget
SegmentsinBinaryLogitModels...................................... 193
Tsend-AyushGanbaatar
16 SocialMediaUsageintheUniversityActivities...................... 225
KlaudiaSmola˛gandBeataS´lusarczyk
17 StrategicManagementofCosts:ANewTooltoGain
CompetitiveAdvantage................................................. 239
VloraBerisha
18 The Causal Relationship Between Government
SpendingandRevenue:AnEmpiricalStudyfromGreece ......... 255
ChaidoDritsaki
19 MarketingEthicsandCommunicationStrategyinthe
CaseofEnronFraud.................................................... 269
GeorgiaBroni,JohnVelentzas,andHarryPapapanagos
20 EffectivenessofUseofMCDMMethods
intheTermsofLocalSelf-Government............................... 279
Roman Vavrek, Rastislav Kotulic, Peter Adamisin,
ElenaSira,andIvanaKravcakovaVozarova
21 CreditRiskMeasurementUsingVaRMethodology................. 289
KatarinaValaskova,AnnaSiekelova,andIvanaWeissova
Contents ix
22 TheEffectsofCountry-of-OriginonConsumers’CSR
Perceptions,BehavioralIntentions,andLoyalty..................... 303
Leonidas Pouliopoulos, Theofilos Pouliopoulos,
andAmaliaTriantafillidou
23 SymptomsofDepressionandStatusintheEuropean
LabourMarket .......................................................... 317
AlexanderTarvid
24 UnivariateGARCHModelGeneratedVolatilitySkews
fortheCIVETSStockIndices.......................................... 333
Coenraad C.A. Labuschagne, Niel Oberholzer,
andPierreJ.Venter
25 Business Process Reengineering in Emergency
Departments(EDs):EvidencefromTwoHospitals.................. 349
Amarantou Vasiliki, Chatzoglou Prodromos,
KexagiaVasiliki,andChatzoudesDimitrios
26 AssessmentofInnovativeCapacityoftheRegion.................... 365
T.S.Kolmykova,S.GEmelianov,andE.AMerzlyakova
27 EducationDemocracyandDictatorship.............................. 373
RizwanAliandGaoLeifu
28 AreWeBetterOffWorkinginthePublicSector?................... 379
YiWangandPengZhou
29 InnovationandRegulatoryHoldup:TheCaseofShaleGas ....... 411
AnastassiosGentzoglanis
30 TrinitiesinPoliticalEconomy:MoreThanJustaWay
ofObservation ........................................................... 433
ThomasSiskou
31 EvolutionofTradeGlobalizationfrom2003to2014:
Weakening Dynamics of World Trade Confirms
GlobalizationPostulates ................................................ 465
BrunoG.Rüttimann
32 HighEducation,ProfessionalInsertionandEconomic
DevelopmentinRomania............................................... 487
RalucaIoanaHoreaSerbanandMarinelaIstrate
33 StrategicITAlignment:BusinessPerformanceDuring
FinancialCrisis .......................................................... 503
FotisKitsiosandMariaKamariotou
34 On the Examination of Value-Based Performance
Measures:EvidencefromIndianFirms .............................. 527
ImlakShaikh