Pub Date : 2022-01-24DOI: 10.26650/jecs2021-848096
Hazem Al Samman, Erhan Akkas
This study analyses the impacts of unprecedented falling oil prices and the COVID-19 outbreak in early 2020 on the stock markets of GCC countries - countries considered as natural resources-based rentier economies. To this end, the research uses daily data for 295 companies under the categories of services, industrial, and financial sectors in GCC countries from January 1, 2020, to February 23, 2021. The analysis was conducted over two phases. The first phase extended from January 1, 2020, to July 30, 2020, while the second phase extended from August 01, 2020, to February 23, 2021. The research utilised 18 random effect models in each phase to capture the impact of the oil price crisis and COVID-19 outbreak on each economic sector in each of the GCC countries. This study's findings reveal that the decline in oil prices and the spread of the COVID-19 epidemic were strong in the first phase, while this impact diminished in most economic sectors in the Gulf countries in the second phase. However, the GCC countries have not been impacted equally by the crisis of falling oil prices and the COVID-19 outbreak. The results show that the hardest-hit countries are Saudi Arabia, United Arab Emirates, and Qatar, respectively, while the least impacted countries are Oman, Bahrain, and Kuwait. Furthermore, the sector-wise analysis results reveal that the industrial sector in Saudi Arabia is the sector most affected by the oil price crisis, and the financial sector in Saudi Arabia is the sector most impacted by the COVID-19 outbreak in the GCC countries.
{"title":"How Do the Crises of Falling Oil Prices and COVID-19 Affect Economic Sectors in the Rentier Economies? Evidence from the GCC Countries","authors":"Hazem Al Samman, Erhan Akkas","doi":"10.26650/jecs2021-848096","DOIUrl":"https://doi.org/10.26650/jecs2021-848096","url":null,"abstract":"This study analyses the impacts of unprecedented falling oil prices and the COVID-19 outbreak in early 2020 on the stock markets of GCC countries - countries considered as natural resources-based rentier economies. To this end, the research uses daily data for 295 companies under the categories of services, industrial, and financial sectors in GCC countries from January 1, 2020, to February 23, 2021. The analysis was conducted over two phases. The first phase extended from January 1, 2020, to July 30, 2020, while the second phase extended from August 01, 2020, to February 23, 2021. The research utilised 18 random effect models in each phase to capture the impact of the oil price crisis and COVID-19 outbreak on each economic sector in each of the GCC countries. This study's findings reveal that the decline in oil prices and the spread of the COVID-19 epidemic were strong in the first phase, while this impact diminished in most economic sectors in the Gulf countries in the second phase. However, the GCC countries have not been impacted equally by the crisis of falling oil prices and the COVID-19 outbreak. The results show that the hardest-hit countries are Saudi Arabia, United Arab Emirates, and Qatar, respectively, while the least impacted countries are Oman, Bahrain, and Kuwait. Furthermore, the sector-wise analysis results reveal that the industrial sector in Saudi Arabia is the sector most affected by the oil price crisis, and the financial sector in Saudi Arabia is the sector most impacted by the COVID-19 outbreak in the GCC countries.","PeriodicalId":40967,"journal":{"name":"Journal of Economy Culture and Society","volume":"31 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87370048","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 : 2021-12-16DOI: 10.26650/jecs2020-851620
Cahit Bağcı
{"title":"From the Internet of Things to the Objectification of the Human Being: Sociopolitical Construction of Technology and a Critique of Society 5.0","authors":"Cahit Bağcı","doi":"10.26650/jecs2020-851620","DOIUrl":"https://doi.org/10.26650/jecs2020-851620","url":null,"abstract":"","PeriodicalId":40967,"journal":{"name":"Journal of Economy Culture and Society","volume":"83 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87647286","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 : 2021-12-14DOI: 10.26650/jecs2020-803795
F. Palaz
{"title":"50+ Nüfusun Gönüllülüğe Katılımı ve Gönüllülük Motivasyonları: Avrupa Örneği","authors":"F. Palaz","doi":"10.26650/jecs2020-803795","DOIUrl":"https://doi.org/10.26650/jecs2020-803795","url":null,"abstract":"","PeriodicalId":40967,"journal":{"name":"Journal of Economy Culture and Society","volume":"7 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81993288","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 : 2021-12-09DOI: 10.26650/jecs2021-930755
E. Arı, V. Yilmaz, M. Olgun
{"title":"The Effect of Trust Benefit and Risk Perception of GM Foods on Behavior Intention: A Study on University Students","authors":"E. Arı, V. Yilmaz, M. Olgun","doi":"10.26650/jecs2021-930755","DOIUrl":"https://doi.org/10.26650/jecs2021-930755","url":null,"abstract":"","PeriodicalId":40967,"journal":{"name":"Journal of Economy Culture and Society","volume":"27 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74397145","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 : 2021-12-09DOI: 10.26650/jecs2020-803870
H. Yüksel
{"title":"An Investigation on the Link between International Labor Migration and Undocumented Employment: Evidence from Turkish Cinema","authors":"H. Yüksel","doi":"10.26650/jecs2020-803870","DOIUrl":"https://doi.org/10.26650/jecs2020-803870","url":null,"abstract":"","PeriodicalId":40967,"journal":{"name":"Journal of Economy Culture and Society","volume":"27 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73509908","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 : 2021-12-09DOI: 10.26650/jecs2021-879534
Yuriy Lupenko, S. Andros, A. Lupenko, Yuri Yarmolenko
{"title":"Budgetary Vat Refund To Agricultural Producers: Analysis Of National Tax And Customs Legislation","authors":"Yuriy Lupenko, S. Andros, A. Lupenko, Yuri Yarmolenko","doi":"10.26650/jecs2021-879534","DOIUrl":"https://doi.org/10.26650/jecs2021-879534","url":null,"abstract":"","PeriodicalId":40967,"journal":{"name":"Journal of Economy Culture and Society","volume":"47 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90781110","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 : 2021-11-22DOI: 10.26650/jecs2021-862821
Özgür Topkaya, Abdurrahman Benli, Gökçe Cerev
The COVID-19 Pandemic has changed areas of societal life to a great extent. Educational fronts are one of them as well. Self-isolation has caused the lock down of educational facilities and it led to the rise of online distance learning worldwide. With its pros and cons this method has been used for more than one year. In this regard, the study used a detailed survey to collect the opinions of Turkish higher education students about the e-learning process during the spring term 2020 when the COVID 19 Pandemic began. For this purpose, 750 surveys were conducted over Google Forms with participant of higher education students from Turkey. The results of the research revealed the following findings. The majority of the participants stated that although distance education had some advantages, it was not a substitute for traditional education, and they could not achieve the same efficiency. The main reasons for this conclusion were inadequate infrastructure, Internet access problems and unfair competition caused by the lack of computer hardware, especially in the ongoing education throughout the country. Students also stressed the significance of online education and how it helped them to stick to their academic careers as they had no alternative other than following an online education system in the social isolation period of COVID-19 measures.
{"title":"Online Distance Learning During Covid-19 Pandemic: An Empirical Analysis Over the Students’ Opinions","authors":"Özgür Topkaya, Abdurrahman Benli, Gökçe Cerev","doi":"10.26650/jecs2021-862821","DOIUrl":"https://doi.org/10.26650/jecs2021-862821","url":null,"abstract":"The COVID-19 Pandemic has changed areas of societal life to a great extent. Educational fronts are one of them as well. Self-isolation has caused the lock down of educational facilities and it led to the rise of online distance learning worldwide. With its pros and cons this method has been used for more than one year. In this regard, the study used a detailed survey to collect the opinions of Turkish higher education students about the e-learning process during the spring term 2020 when the COVID 19 Pandemic began. For this purpose, 750 surveys were conducted over Google Forms with participant of higher education students from Turkey. The results of the research revealed the following findings. The majority of the participants stated that although distance education had some advantages, it was not a substitute for traditional education, and they could not achieve the same efficiency. The main reasons for this conclusion were inadequate infrastructure, Internet access problems and unfair competition caused by the lack of computer hardware, especially in the ongoing education throughout the country. Students also stressed the significance of online education and how it helped them to stick to their academic careers as they had no alternative other than following an online education system in the social isolation period of COVID-19 measures.","PeriodicalId":40967,"journal":{"name":"Journal of Economy Culture and Society","volume":"77 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77447499","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 : 2021-11-18DOI: 10.26650/jecs2021-875642
İ. Avcı
{"title":"The Effect Of Conspicuous Consumption Behavior On Wasteful Consumption Behavior: The Intermediary Role Of Hedonic Consumption Behavior","authors":"İ. Avcı","doi":"10.26650/jecs2021-875642","DOIUrl":"https://doi.org/10.26650/jecs2021-875642","url":null,"abstract":"","PeriodicalId":40967,"journal":{"name":"Journal of Economy Culture and Society","volume":"72 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85892925","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 : 2021-11-18DOI: 10.26650/jecs2020-845507
Naif Kara, Kadriye Kobak, Aslı İgit
{"title":"Experimental Research on Gifted Students and Social Media Communication Competence Program","authors":"Naif Kara, Kadriye Kobak, Aslı İgit","doi":"10.26650/jecs2020-845507","DOIUrl":"https://doi.org/10.26650/jecs2020-845507","url":null,"abstract":"","PeriodicalId":40967,"journal":{"name":"Journal of Economy Culture and Society","volume":"9 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2021-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91349140","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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