Pub Date : 2023-06-01DOI: 10.2478/ethemes-2023-0014
Tamara Stanković, Aleksandra Andjelković, Goran Milovanović
Abstract Continuous organic production growth in the Republic of Serbia poses the issue of the existence of adequate distribution channels for these products, as they require specific storage and distribution requirements. In addition, the development of organic food production and demand for these products indicates that this market segment is not negligible. Hence, there is a need to analyze the degree of customer satisfaction with organic foods with existing distribution channels. Are there adequate channels for the distribution of organic food? How much trust do consumers have in distribution channels and whether the level of trust in distribution channels can affect consumers’ buying decisions? These are just some questions that come up. In this regard, the subject of research will be the existing distribution network of organic products in the Republic of Serbia, as well as the degree of satisfaction and trust of consumers in distribution channels, in order to define guidelines and recommendations for the redesign of the organic food distribution network. In order to answer those questions, empirical research was conducted on the territory of the Republic of Serbia, and for the purposes of statistical analysis was used following statistical methods: ANOVA, MANOVA, cluster analysis, and descriptive statistics.
{"title":"Distribution Channels for Organic Food in the Republic of Serbia","authors":"Tamara Stanković, Aleksandra Andjelković, Goran Milovanović","doi":"10.2478/ethemes-2023-0014","DOIUrl":"https://doi.org/10.2478/ethemes-2023-0014","url":null,"abstract":"Abstract Continuous organic production growth in the Republic of Serbia poses the issue of the existence of adequate distribution channels for these products, as they require specific storage and distribution requirements. In addition, the development of organic food production and demand for these products indicates that this market segment is not negligible. Hence, there is a need to analyze the degree of customer satisfaction with organic foods with existing distribution channels. Are there adequate channels for the distribution of organic food? How much trust do consumers have in distribution channels and whether the level of trust in distribution channels can affect consumers’ buying decisions? These are just some questions that come up. In this regard, the subject of research will be the existing distribution network of organic products in the Republic of Serbia, as well as the degree of satisfaction and trust of consumers in distribution channels, in order to define guidelines and recommendations for the redesign of the organic food distribution network. In order to answer those questions, empirical research was conducted on the territory of the Republic of Serbia, and for the purposes of statistical analysis was used following statistical methods: ANOVA, MANOVA, cluster analysis, and descriptive statistics.","PeriodicalId":118717,"journal":{"name":"Economic Themes","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135143287","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abstract Foreign investors' fear of expropriation led to the emergence of the idea of new ways of protection and adequate treatment of foreign investments on the international level. Primarily, the home countries wanted to protect their interests and became the main proponents of the creation of bilateral investment agreements. Developing countries that aspire to become and remain part of international economic flows, had to provide additional protection to investors, as investment host countries. They saw bilateral investment agreements as an opportunity to attract foreign direct investment. They provide a certain standard in the treatment and protection of investments and thus influence the creation of an environment that favors the transfer of capital from one country to another. In modern economic conditions, there are almost no entities that are absolutely risk-averse. For this reason, bilateral investment agreements are counted on to play one of the key roles in minimizing the risks of investing in developing countries.
{"title":"The Impact of Bilateral Investment Agreements on Attracting Foreign Direct Investments","authors":"Ružica Petrović, Dragana Radenković Jocić, Tamara Milenković Kerković","doi":"10.2478/ethemes-2023-0008","DOIUrl":"https://doi.org/10.2478/ethemes-2023-0008","url":null,"abstract":"Abstract Foreign investors' fear of expropriation led to the emergence of the idea of new ways of protection and adequate treatment of foreign investments on the international level. Primarily, the home countries wanted to protect their interests and became the main proponents of the creation of bilateral investment agreements. Developing countries that aspire to become and remain part of international economic flows, had to provide additional protection to investors, as investment host countries. They saw bilateral investment agreements as an opportunity to attract foreign direct investment. They provide a certain standard in the treatment and protection of investments and thus influence the creation of an environment that favors the transfer of capital from one country to another. In modern economic conditions, there are almost no entities that are absolutely risk-averse. For this reason, bilateral investment agreements are counted on to play one of the key roles in minimizing the risks of investing in developing countries.","PeriodicalId":118717,"journal":{"name":"Economic Themes","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135143281","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-01DOI: 10.2478/ethemes-2023-0011
Ivana Marjanović, Jelena J. Stanković, Georgios Tsaples
Abstract The important role of the banking sector in the economic development of the country imposes the need for continuous measurement and monitoring of bank efficiency. Besides, identifying industry-specific and macroeconomic factors that affect the achieved efficiency is an important task in order to detect potential disruptions, as well as to provide adequate guidelines to improve the efficiency. Therefore, the main goal of this paper is to quantify the achieved efficiency and uncover its determinants. The study is conducted in two stages. In the first stage, using the DEA method, the efficiency of banks for the period from 2005 to 2022 will be assessed, while in the second stage, the factors of efficiency will be determined by applying Tobit regression. The results indicate that when it comes to industry-specific factors, greater market concentration unfavourably affects the efficiency of banks. Regarding the macroeconomic factors, the growth of gross domestic product, inflation rate and global financial crisis have a significant influence on the achieved level of bank efficiency in the Republic of Serbia. In addition to expanding the existing knowledge on quantification of efficiency and defining the determinants of efficiency on the example of banks in the Republic of Serbia, the results in this paper also hold relevance to policymakers and practitioners.
{"title":"On the Determinants of the Bank Efficiency in the Republic of Serbia: Two-Stage Dea Approach","authors":"Ivana Marjanović, Jelena J. Stanković, Georgios Tsaples","doi":"10.2478/ethemes-2023-0011","DOIUrl":"https://doi.org/10.2478/ethemes-2023-0011","url":null,"abstract":"Abstract The important role of the banking sector in the economic development of the country imposes the need for continuous measurement and monitoring of bank efficiency. Besides, identifying industry-specific and macroeconomic factors that affect the achieved efficiency is an important task in order to detect potential disruptions, as well as to provide adequate guidelines to improve the efficiency. Therefore, the main goal of this paper is to quantify the achieved efficiency and uncover its determinants. The study is conducted in two stages. In the first stage, using the DEA method, the efficiency of banks for the period from 2005 to 2022 will be assessed, while in the second stage, the factors of efficiency will be determined by applying Tobit regression. The results indicate that when it comes to industry-specific factors, greater market concentration unfavourably affects the efficiency of banks. Regarding the macroeconomic factors, the growth of gross domestic product, inflation rate and global financial crisis have a significant influence on the achieved level of bank efficiency in the Republic of Serbia. In addition to expanding the existing knowledge on quantification of efficiency and defining the determinants of efficiency on the example of banks in the Republic of Serbia, the results in this paper also hold relevance to policymakers and practitioners.","PeriodicalId":118717,"journal":{"name":"Economic Themes","volume":"263 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135143283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-01DOI: 10.2478/ethemes-2023-0010
Jelena Radojičić, Srđan Marinković
Abstract The paper explores the relationship between the diversification of bank activities and a set of bank performance indicators by running multiple regression on panel data set of 22 operating banks in Serbia in the time period spanning the last 15 reporting years. We have found a positive influence of the degree of diversification, measured both by income composition and earning assets composition indicators, on the levels and stability of the banks’ return on equity. For ROA-related performance measures the relationship is not conclusive. We have also tested whether the presence of COVID-19 crisis challenged the observed regularity and confirmed that it has had tendency to reverse the long-term relationship.
{"title":"Impact of Income and Assets Diversification on Bank Performance in Serbia","authors":"Jelena Radojičić, Srđan Marinković","doi":"10.2478/ethemes-2023-0010","DOIUrl":"https://doi.org/10.2478/ethemes-2023-0010","url":null,"abstract":"Abstract The paper explores the relationship between the diversification of bank activities and a set of bank performance indicators by running multiple regression on panel data set of 22 operating banks in Serbia in the time period spanning the last 15 reporting years. We have found a positive influence of the degree of diversification, measured both by income composition and earning assets composition indicators, on the levels and stability of the banks’ return on equity. For ROA-related performance measures the relationship is not conclusive. We have also tested whether the presence of COVID-19 crisis challenged the observed regularity and confirmed that it has had tendency to reverse the long-term relationship.","PeriodicalId":118717,"journal":{"name":"Economic Themes","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135143284","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-01DOI: 10.2478/ethemes-2023-0013
Vesna Milanović, Ana Jurčić, Andrea Bučalina Matić
Abstract This paper examines the relationship between internal factors of an organization and employees' perception of organization's green performance – EPGP. An organization's green performance is greatly influenced by its internal efforts toward the implementation of green practices (such as internal green marketing – IGM and its dimensions), and it can be greatly influenced by employees' attitudes and behavior as well (such as organizational identification – OI, employees' satisfaction – ES, employees' eco-friendly behavior – EFB). Therefore, it was considered justified to examine whether each IGM dimension is related to EPGP, and whether each observed employees' attitude and behavior is related to EPGP. Hypotheses were tested on a sample of 177 respondents – employees working in different, mostly service organizations in Serbia, using the regression and correlation analysis. The obtained results revealed that each observed variable is positively related to EPGP. However, in predicting EPGP the contribution of green internal communication – GIC (as the IGM dimension), OI and EFB is statistically significant. The findings provide insight into the relationship between each observed variable and EPGP, and it may be useful for managers in the environmental management process.
{"title":"The Relationship Between Internal Factors and Employees' Perception of an Organization's Green Performance","authors":"Vesna Milanović, Ana Jurčić, Andrea Bučalina Matić","doi":"10.2478/ethemes-2023-0013","DOIUrl":"https://doi.org/10.2478/ethemes-2023-0013","url":null,"abstract":"Abstract This paper examines the relationship between internal factors of an organization and employees' perception of organization's green performance – EPGP. An organization's green performance is greatly influenced by its internal efforts toward the implementation of green practices (such as internal green marketing – IGM and its dimensions), and it can be greatly influenced by employees' attitudes and behavior as well (such as organizational identification – OI, employees' satisfaction – ES, employees' eco-friendly behavior – EFB). Therefore, it was considered justified to examine whether each IGM dimension is related to EPGP, and whether each observed employees' attitude and behavior is related to EPGP. Hypotheses were tested on a sample of 177 respondents – employees working in different, mostly service organizations in Serbia, using the regression and correlation analysis. The obtained results revealed that each observed variable is positively related to EPGP. However, in predicting EPGP the contribution of green internal communication – GIC (as the IGM dimension), OI and EFB is statistically significant. The findings provide insight into the relationship between each observed variable and EPGP, and it may be useful for managers in the environmental management process.","PeriodicalId":118717,"journal":{"name":"Economic Themes","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135143285","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-01DOI: 10.2478/ethemes-2023-0009
Sanela Mrdaković, Miloš Todorović
Abstract China’s investment activities and infrastructure development in Africa under the Belt and Road Initiative (“BRI”) have changed the prospects of economic cooperation between African countries and Asia’s largest economy. Africa plays a prominent role in one of the key BRI corridors, which explains China’s active engagement on the continent through the construction of hard infrastructure, port development and trade and investment activities. China is Africa’s largest bilateral trading partner and foreign direct investor. This paper analyses China’s investments and trade flows with Africa, the importance of African countries for the BRI and China-Africa relations within the geopolitical triangle US-EU-Russia. We applied correlation analysis to assess the intensity of the relationship between FDI and trade and an autoregressive model to extrapolate import and export data for a given period with the aim of forecasting trends in the development of China - Africa economic relations. Empirical results indicate a strong correlation between China’s FDI to African countries and their trade flows. The autoregressive model estimates a substantial increase in their trade flows, which, along with China’s infrastructural development in Africa, suggests a change in the dynamics of their trade cooperation and in the geographical structure of African countries’ foreign trade.
{"title":"China - Africa Trade and Investment Relations Under the Belt and Road Initiative","authors":"Sanela Mrdaković, Miloš Todorović","doi":"10.2478/ethemes-2023-0009","DOIUrl":"https://doi.org/10.2478/ethemes-2023-0009","url":null,"abstract":"Abstract China’s investment activities and infrastructure development in Africa under the Belt and Road Initiative (“BRI”) have changed the prospects of economic cooperation between African countries and Asia’s largest economy. Africa plays a prominent role in one of the key BRI corridors, which explains China’s active engagement on the continent through the construction of hard infrastructure, port development and trade and investment activities. China is Africa’s largest bilateral trading partner and foreign direct investor. This paper analyses China’s investments and trade flows with Africa, the importance of African countries for the BRI and China-Africa relations within the geopolitical triangle US-EU-Russia. We applied correlation analysis to assess the intensity of the relationship between FDI and trade and an autoregressive model to extrapolate import and export data for a given period with the aim of forecasting trends in the development of China - Africa economic relations. Empirical results indicate a strong correlation between China’s FDI to African countries and their trade flows. The autoregressive model estimates a substantial increase in their trade flows, which, along with China’s infrastructural development in Africa, suggests a change in the dynamics of their trade cooperation and in the geographical structure of African countries’ foreign trade.","PeriodicalId":118717,"journal":{"name":"Economic Themes","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135143280","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-01DOI: 10.2478/ethemes-2023-0007
Aleksandar Damjanović, Mikica Drenovak
Abstract The paper demonstrates the power of alternative data. Relying on the indicators obtained by mining online publicly available news articles, authors analyze their impact on Bitcoin returns. This research shows that in the first quarter of 2022 Bitcoin returns could be explained by the sentiment of information obtained from news published on online portals. However, we find negative relation between Bitcoin news sentiment and its returns. Such result can be explained as anomaly of researched period which is characterized by inception of global political crisis caused by the war in Eastern Europe and turmoil on crypto market. Our research also confirms that the news about Ethereum, Bitcoins’ investment substitute, affected Bitcoin's returns as well. On the other hand, the obtained results show that there is no relation between the lexical readability of the news (i.e., the clarity with which the text is written, measured by the fog index) and the returns on Bitcoin in the analyzed period. Collected evidences speak in favor of Bitcoin’s market inefficiency. In this paper we also demonstrate that returns forecasts based on online news are more accurate in comparison to those generated by ARMA-GARCH model, a conventional financial tool for predicting returns.
{"title":"Are All Text News Just a Noise for Investors? Impact of Online Texts on Bitcoin Returns","authors":"Aleksandar Damjanović, Mikica Drenovak","doi":"10.2478/ethemes-2023-0007","DOIUrl":"https://doi.org/10.2478/ethemes-2023-0007","url":null,"abstract":"Abstract The paper demonstrates the power of alternative data. Relying on the indicators obtained by mining online publicly available news articles, authors analyze their impact on Bitcoin returns. This research shows that in the first quarter of 2022 Bitcoin returns could be explained by the sentiment of information obtained from news published on online portals. However, we find negative relation between Bitcoin news sentiment and its returns. Such result can be explained as anomaly of researched period which is characterized by inception of global political crisis caused by the war in Eastern Europe and turmoil on crypto market. Our research also confirms that the news about Ethereum, Bitcoins’ investment substitute, affected Bitcoin's returns as well. On the other hand, the obtained results show that there is no relation between the lexical readability of the news (i.e., the clarity with which the text is written, measured by the fog index) and the returns on Bitcoin in the analyzed period. Collected evidences speak in favor of Bitcoin’s market inefficiency. In this paper we also demonstrate that returns forecasts based on online news are more accurate in comparison to those generated by ARMA-GARCH model, a conventional financial tool for predicting returns.","PeriodicalId":118717,"journal":{"name":"Economic Themes","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135143282","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-01DOI: 10.2478/ethemes-2023-0012
Bojan Savić, Sreten Jelić, Vasili Vasilije Ostojić
Abstract Organizational culture as a complex phenomenon has been subjected to numerous researches in the economic science and corporate practice, among which the analysis of the influence of organizational culture on financial performance has an important place, with the basic goal of understanding the link, but also potentially developing “the optimal culture" whose adoption would contribute to achieving optimal financial effects of economic entities. The subject of research of this paper is thus the connection between organizational culture and financial performance, while the goal is to understand the relationship as well as the nature of the influence. Therefore, organizational climate and subcultures were also considered as relevant aspects of organizational culture, but also as a basis for understanding the classifications, as well as its general influences on company business. Based on the review of the most important results of a significant number of researches on this topic, it was concluded that there currently isn’t a generally accepted view on the existence of a relationship between different types of organizational cultures and financial performances. Thus this paper was designed as a review of the topic and could be used as a theoretical basis for future research or for the development of alternative approaches in the analysis of causality between the observed phenomena.
{"title":"The Impact of Organizational Culture on Financial Performance of the Company","authors":"Bojan Savić, Sreten Jelić, Vasili Vasilije Ostojić","doi":"10.2478/ethemes-2023-0012","DOIUrl":"https://doi.org/10.2478/ethemes-2023-0012","url":null,"abstract":"Abstract Organizational culture as a complex phenomenon has been subjected to numerous researches in the economic science and corporate practice, among which the analysis of the influence of organizational culture on financial performance has an important place, with the basic goal of understanding the link, but also potentially developing “the optimal culture\" whose adoption would contribute to achieving optimal financial effects of economic entities. The subject of research of this paper is thus the connection between organizational culture and financial performance, while the goal is to understand the relationship as well as the nature of the influence. Therefore, organizational climate and subcultures were also considered as relevant aspects of organizational culture, but also as a basis for understanding the classifications, as well as its general influences on company business. Based on the review of the most important results of a significant number of researches on this topic, it was concluded that there currently isn’t a generally accepted view on the existence of a relationship between different types of organizational cultures and financial performances. Thus this paper was designed as a review of the topic and could be used as a theoretical basis for future research or for the development of alternative approaches in the analysis of causality between the observed phenomena.","PeriodicalId":118717,"journal":{"name":"Economic Themes","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135143286","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-01DOI: 10.2478/ethemes-2023-0002
I. Shuttleworth, Claire Feehan
Abstract Policy interventions to encourage the use of healthy and sustainable modes of travel to work (such as walking and cycling) have encountered varying levels of success. In areas such as Northern Ireland, and cities such as Belfast, the car remains the dominant mode for journeys to and from work. This paper explores why this is the case by examining the individual, household, and geographical factors that govern (a) changing between one census and another to walking or cycling from other transport modes; (b) changing from walking or cycling; and continuing to walk or cycle. The analysis is undertaken using the Northern Ireland Longitudinal Study (NILS), a 28% random sample of the population. The results show that walking or cycling is associated with lower-status jobs, urban locations, with no clear association with better self-reported health. In contrast, car commuting is associated with better education, health, and higher labour market status. The analysis shows that policies to encourage the use of more sustainable and less polluting transport face formidable barriers from status perceptions, time budgets, and the geographical contexts of Northern Ireland and Belfast.
{"title":"Active Transport and the Journey to Work in Northern Ireland: A Longitudinal Perspective 1991-2011","authors":"I. Shuttleworth, Claire Feehan","doi":"10.2478/ethemes-2023-0002","DOIUrl":"https://doi.org/10.2478/ethemes-2023-0002","url":null,"abstract":"Abstract Policy interventions to encourage the use of healthy and sustainable modes of travel to work (such as walking and cycling) have encountered varying levels of success. In areas such as Northern Ireland, and cities such as Belfast, the car remains the dominant mode for journeys to and from work. This paper explores why this is the case by examining the individual, household, and geographical factors that govern (a) changing between one census and another to walking or cycling from other transport modes; (b) changing from walking or cycling; and continuing to walk or cycle. The analysis is undertaken using the Northern Ireland Longitudinal Study (NILS), a 28% random sample of the population. The results show that walking or cycling is associated with lower-status jobs, urban locations, with no clear association with better self-reported health. In contrast, car commuting is associated with better education, health, and higher labour market status. The analysis shows that policies to encourage the use of more sustainable and less polluting transport face formidable barriers from status perceptions, time budgets, and the geographical contexts of Northern Ireland and Belfast.","PeriodicalId":118717,"journal":{"name":"Economic Themes","volume":"104 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134516356","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-01DOI: 10.2478/ethemes-2023-0005
İsmet Selçuk Özer, Umut Türk
Abstract The management of internal flows can bring significant benefits to a country in balancing the opportunities between regions or cities. To tackle unequal access to opportunities, the factors that induce internal migration should be understood. This study examines a set of pull and push factors for internal migration by spatial econometric analysis and GIS applications. We find that when the accessibility of amenities increases, the city becomes more attractive and preferable for migrants. In addition, socioeconomic factors also play a significant role in the decision-making process of migrants. In this study, we used a panel dataset that includes socioeconomic and contextual data such as distances to the amenities for each Turkish city in the years between 2012 and 2021. The results show that, in Turkey, internal migration flows from the East to the West, where opportunities are better. Finally, the human capital level of migrants can cause a variety of thoughts about factors, and it can change the order of significance of the variables for people who have a different level of human capital such as education level. Based on the findings, the paper offers several policies suggestions for ensuring a balanced migration in Turkey.
{"title":"How Does Quality of Life (QOL) Affect Attractiveness of Cities and Internal Migration in Turkey?","authors":"İsmet Selçuk Özer, Umut Türk","doi":"10.2478/ethemes-2023-0005","DOIUrl":"https://doi.org/10.2478/ethemes-2023-0005","url":null,"abstract":"Abstract The management of internal flows can bring significant benefits to a country in balancing the opportunities between regions or cities. To tackle unequal access to opportunities, the factors that induce internal migration should be understood. This study examines a set of pull and push factors for internal migration by spatial econometric analysis and GIS applications. We find that when the accessibility of amenities increases, the city becomes more attractive and preferable for migrants. In addition, socioeconomic factors also play a significant role in the decision-making process of migrants. In this study, we used a panel dataset that includes socioeconomic and contextual data such as distances to the amenities for each Turkish city in the years between 2012 and 2021. The results show that, in Turkey, internal migration flows from the East to the West, where opportunities are better. Finally, the human capital level of migrants can cause a variety of thoughts about factors, and it can change the order of significance of the variables for people who have a different level of human capital such as education level. Based on the findings, the paper offers several policies suggestions for ensuring a balanced migration in Turkey.","PeriodicalId":118717,"journal":{"name":"Economic Themes","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123077417","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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