As environmental considerations have become a fundamental part of business strategies, there is a challenge for managers and academicians to explore the integration of environmental concepts and business operations. Although a number of studies on green practice adoption can be found in the literature, few of them analyzed the infusion of green practices in organizations. Furthermore, most prior research of green management focused on manufacturing sectors; scarce attention was paid on research in service sectors. This paper focuses on the green practice infusion in logistics companies because many logistics operations often lead to several environmental impacts. The main purpose of this paper is to explore the factors that affect organizational infusion of green practices in Chinese logistics companies. Drawing on the innovation diffusion theory, this paper groups the determinant factors into technological, organizational and environmental dimensions. We explored the influences of determinant factors on green practice infusion by conducting a questionnaire survey on logistics companies in China. The regression analysis is used to test proposed research hypotheses in the study Research findings reveal that complexity, compatibility and relative advantage of green practices, quality of human resources, organizational support, governmental support and regulatory pressure exhibit significantly influences on green practice infusion for the logistics companies in China. The influences of adoption cost, company size, environmental uncertainty and customer pressure on logistics companies’ green behavior are not significant. This paper can extend the scope of research on green management in service industries and green practice infusion.
{"title":"An Empirical Study on Organizational Infusion of Green An Empirical Study on Organizational Infusion of Green Practices in Chinese Logistics Companies","authors":"Yi-Hui Ho, Chieh-Yu Lin, J. Tsai","doi":"10.14706/JECOSS11427","DOIUrl":"https://doi.org/10.14706/JECOSS11427","url":null,"abstract":"As environmental considerations have become a fundamental part of business strategies, there is a challenge for managers and academicians to explore the integration of environmental concepts and business operations. Although a number of studies on green practice adoption can be found in the literature, few of them analyzed the infusion of green practices in organizations. Furthermore, most prior research of green management focused on manufacturing sectors; scarce attention was paid on research in service sectors. This paper focuses on the green practice infusion in logistics companies because many logistics operations often lead to several environmental impacts. The main purpose of this paper is to explore the factors that affect organizational infusion of green practices in Chinese logistics companies. Drawing on the innovation diffusion theory, this paper groups the determinant factors into technological, organizational and environmental dimensions. We explored the influences of determinant factors on green practice infusion by conducting a questionnaire survey on logistics companies in China. The regression analysis is used to test proposed research hypotheses in the study Research findings reveal that complexity, compatibility and relative advantage of green practices, quality of human resources, organizational support, governmental support and regulatory pressure exhibit significantly influences on green practice infusion for the logistics companies in China. The influences of adoption cost, company size, environmental uncertainty and customer pressure on logistics companies’ green behavior are not significant. This paper can extend the scope of research on green management in service industries and green practice infusion.","PeriodicalId":52427,"journal":{"name":"Nigerian Journal of Economic and Social Studies","volume":"17 1","pages":"65-78"},"PeriodicalIF":0.0,"publicationDate":"2014-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78968481","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}
This study aims to look into the economic structure of Bartin province, located in West Black Sea Region in Turkey, in the 19th century. The main resource of the study is the temettuat register no 02824 that belongs to Bartin, which was formed on the basis of the census in 1844-1845. Temettuat registers are significant archive resources that provide statistical information about the period studied as well as the region itself. Moving from data suc as the income resources, distribution of land, husbandry and labor, this study examines the economic structure of Bartin, which used to be a District of Viransehir Sanjak during the time. The study will also contribute to the literature by giving insights into the economy of Ottoman rural area in the 19th century. In addition to forestry products, the economy of Bartin depended on agriculture and husbandry during the time period studied. Agricultural production included such main products as wheat and barley while agricultural enterprises were medium-scale businesses.
{"title":"Economic Structure in Bartin District of Viransehir Sanjak in late Ottoman Period","authors":"Ramazan Arslan","doi":"10.14706/JECOSS11429","DOIUrl":"https://doi.org/10.14706/JECOSS11429","url":null,"abstract":"This study aims to look into the economic structure of Bartin province, located in West Black Sea Region in Turkey, in the 19th century. The main resource of the study is the temettuat register no 02824 that belongs to Bartin, which was formed on the basis of the census in 1844-1845. Temettuat registers are significant archive resources that provide statistical information about the period studied as well as the region itself. Moving from data suc as the income resources, distribution of land, husbandry and labor, this study examines the economic structure of Bartin, which used to be a District of Viransehir Sanjak during the time. The study will also contribute to the literature by giving insights into the economy of Ottoman rural area in the 19th century. In addition to forestry products, the economy of Bartin depended on agriculture and husbandry during the time period studied. Agricultural production included such main products as wheat and barley while agricultural enterprises were medium-scale businesses.","PeriodicalId":52427,"journal":{"name":"Nigerian Journal of Economic and Social Studies","volume":"48 1","pages":"221"},"PeriodicalIF":0.0,"publicationDate":"2014-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79758862","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}
Bosnia and Herzegovina (B&H), as well as many other countries in transition, was faced with inadequate and insufficient technological progress, which is the result of years of neglect of investment in science, research, and new technology. This paper attempts to present the actual situation in B&H in terms of technological progress, innovation and investment in scientific research, as well as to offer basic guidelines for getting out of this difficult situation. B&H is located at the bottom of the all European countries when it comes to innovation, research and new technologies, and consequently it is not surprising that the B&H economy consistently recorded poor results. Investment in research and development and employee education is the primary goal of any successful company, whether it is a small, medium-sized enterprise or oligopoly. Therefore, the aim of this paper is to determine the guidelines i.e. strategic objectives, which will constitute the basis for future progress of B&H in the field of technological progress. Empirical research, which was conducted in order to determine the strategic objectives, has been carried out by using a questionnaire built on a sample of the leading experts in this field in B&H.
{"title":"Technological Progress as a Generator of Economic Growth and Development","authors":"Mladen Rebić, Nemanja Šarenac","doi":"10.14706/JECOSS11424","DOIUrl":"https://doi.org/10.14706/JECOSS11424","url":null,"abstract":"Bosnia and Herzegovina (B&H), as well as many other countries in transition, was faced with inadequate and insufficient technological progress, which is the result of years of neglect of investment in science, research, and new technology. This paper attempts to present the actual situation in B&H in terms of technological progress, innovation and investment in scientific research, as well as to offer basic guidelines for getting out of this difficult situation. B&H is located at the bottom of the all European countries when it comes to innovation, research and new technologies, and consequently it is not surprising that the B&H economy consistently recorded poor results. Investment in research and development and employee education is the primary goal of any successful company, whether it is a small, medium-sized enterprise or oligopoly. Therefore, the aim of this paper is to determine the guidelines i.e. strategic objectives, which will constitute the basis for future progress of B&H in the field of technological progress. Empirical research, which was conducted in order to determine the strategic objectives, has been carried out by using a questionnaire built on a sample of the leading experts in this field in B&H.","PeriodicalId":52427,"journal":{"name":"Nigerian Journal of Economic and Social Studies","volume":"31 3 1","pages":"30-45"},"PeriodicalIF":0.0,"publicationDate":"2014-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90595706","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}
The popularity of product placement as a viable alternative to traditional commercials has been increasing rapidly. Latest PQ Media report (2012) noted that global spending on product placement has already reached $8.25 billion. However, despite its popularity, extant academic research on product placement lags behind its practice. The aim of this paper is to review, categorize and analyze exhaustively the existing product placement literature with the purpose of identifying possible research gaps for academics and guidelines of effective product placements for practitioners interested in the field. 73 academic studies that in particular focus on product placements within movies, television (TV) programmes and video games were examined. The exhaustive review revealed that studies in the US investigating product placement effectiveness through memory related measures and consumer attitudes dominate the product placement literature. However, studies investigating effects of product placement on measures other than memory related and attitudinal ones are extremely scarce. Based on the identified research gaps, an agenda for future studies is suggested. Also, factors that were evidenced to trigger product placement effects throughout the literature are revealed and outlined for practitioners use.
{"title":"20 Years of Research on Product Placement in Movie, Television and Video Game Media","authors":"Vildan Jusufovic-Karisik","doi":"10.14706/JECOSS114210","DOIUrl":"https://doi.org/10.14706/JECOSS114210","url":null,"abstract":"The popularity of product placement as a viable alternative to traditional commercials has been increasing rapidly. Latest PQ Media report (2012) noted that global spending on product placement has already reached $8.25 billion. However, despite its popularity, extant academic research on product placement lags behind its practice. The aim of this paper is to review, categorize and analyze exhaustively the existing product placement literature with the purpose of identifying possible research gaps for academics and guidelines of effective product placements for practitioners interested in the field. 73 academic studies that in particular focus on product placements within movies, television (TV) programmes and video games were examined. The exhaustive review revealed that studies in the US investigating product placement effectiveness through memory related measures and consumer attitudes dominate the product placement literature. However, studies investigating effects of product placement on measures other than memory related and attitudinal ones are extremely scarce. Based on the identified research gaps, an agenda for future studies is suggested. Also, factors that were evidenced to trigger product placement effects throughout the literature are revealed and outlined for practitioners use.","PeriodicalId":52427,"journal":{"name":"Nigerian Journal of Economic and Social Studies","volume":"46 3","pages":"98-108"},"PeriodicalIF":0.0,"publicationDate":"2014-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72485910","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}
One of the most important factors of conducting business successfully and also in achieving the interests of the owner of entity is adequate structuring of source of financing of company or institution. Debt as a source of financing has its advantages in terms of potential of increasing of wealth for the owner of capital. The thing that we are speaking about is optimizing relationships of debt to ownership capital. On the other side, debt alone as source of finance can be realized on a several ways, where plenty of factors influence that choice. We mean here on financing through bank credits versus financing by emission of debt securities. The size of company or institution together with the financial system is most important factors that determine not only the way of financing through emission of debt securities but also considering it as a option or a possibility. In the past few years in B&H the possibility of finance big infrastructural projects through emission of debt securities has been often mentioned. Until now neither one of these projects has been financed in this way. About this problematic can be spoken from many aspects such as: strategic decisions, limits concerning budget deficit, technical conductions, efficient managing of public debt and so further. If it is about financing of corridor 5C or about financing infrastructural projects on the local level, bank loans determine the way of financing in Bosnia. In most case these loans are offered by international finance institutions or some countries. On the other side by emission of bonds issued either by state/entity or more concrete public company „Autoceste FBiH“, the state itself would become investor. Thus the state, entity, municipality and citizens instead of trading with bonds that are used with aim to cover budget deficits can be used for infrastructural projects and development. These are the facts that we want to consider when we speak about capital market as alternative source of financing trying to reach what are the advantages and disadvantages of emission of debt securities, what are the possibilities, techniques and benefits of financing of infrastructural projects through bonds. Keywords: Capital Market, Debt Securities, Bonds, Alternative Financing.
{"title":"Capital Market in Bosnia and Herzegovina:Unused Potential as Alternative Source of Financing","authors":"Tarik Kurbegovic","doi":"10.14706/JECOSS11423","DOIUrl":"https://doi.org/10.14706/JECOSS11423","url":null,"abstract":"One of the most important factors of conducting business successfully and also \u0000in achieving the interests of the owner of entity is adequate structuring of \u0000source of financing of company or institution. Debt as a source of financing has \u0000its advantages in terms of potential of increasing of wealth for the owner of \u0000capital. The thing that we are speaking about is optimizing relationships of \u0000debt to ownership capital. \u0000On the other side, debt alone as source of finance can be realized on a several \u0000ways, where plenty of factors influence that choice. We mean here on \u0000financing through bank credits versus financing by emission of debt securities. \u0000The size of company or institution together with the financial system is most \u0000important factors that determine not only the way of financing through \u0000emission of debt securities but also considering it as a option or a possibility. \u0000In the past few years in B&H the possibility of finance big infrastructural \u0000projects through emission of debt securities has been often mentioned. Until \u0000now neither one of these projects has been financed in this way. \u0000About this problematic can be spoken from many aspects such as: strategic \u0000decisions, limits concerning budget deficit, technical conductions, efficient \u0000managing of public debt and so further. \u0000If it is about financing of corridor 5C or about financing infrastructural projects \u0000on the local level, bank loans determine the way of financing in Bosnia. In most \u0000case these loans are offered by international finance institutions or some \u0000countries. On the other side by emission of bonds issued either by state/entity \u0000or more concrete public company „Autoceste FBiH“, the state itself would \u0000become investor. Thus the state, entity, municipality and citizens instead of \u0000trading with bonds that are used with aim to cover budget deficits can be used \u0000for infrastructural projects and development. \u0000These are the facts that we want to consider when we speak about capital \u0000market as alternative source of financing trying to reach what are the \u0000advantages and disadvantages of emission of debt securities, what are the \u0000possibilities, techniques and benefits of financing of infrastructural projects \u0000through bonds. \u0000Keywords: Capital Market, Debt Securities, Bonds, Alternative Financing.","PeriodicalId":52427,"journal":{"name":"Nigerian Journal of Economic and Social Studies","volume":"2 1","pages":"25-45"},"PeriodicalIF":0.0,"publicationDate":"2014-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86841970","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}
This research studies three aspects relating to farmers readiness for the proposed mobile phone information and trade system (MAITS) namely (a) farmer readiness to adopt newly proposed mobile information and trade system (b) key factors that affect farmers mobile decision support systems (c) farmers readiness to connect with mobile enterprise networks. These were investigated using a qualitative research method. After a careful selection of a set of questions, interviews were conducted with selected farmers from four cities of Pakistan including Lahore, Faisalabad, Vehari and Khanewal. The analysis revealed that farmers readiness to embrace new mobile phone information systems requires maximum level of optimism and innovativeness along with deal of the inhibiting factors which affect the readiness state; inhibiting factors in MAITS adoption comprised of uncertainty factors and current faulty existing system services; and there has been a complete consensus among the farmers to practice MAITS along with mobile decision support system because it can help them in crop planning, farm inputs (seeds, fertilizer, sprays etc), harvesting, transporting and trading. The findings of this study will provide guidance to the relevant organizations when considering readiness and barriers towards implementing of MAITS. The results of the study will give insight to many extension service and policy makers to understand what farmers actually need.
{"title":"Farmers Inclination to Adoption of Mobile Phone Agriculture Information and Trade Systems in Pakistan","authors":"M. Shaukat, Iqtidar Ali Shah","doi":"10.14706/JECOSS11428","DOIUrl":"https://doi.org/10.14706/JECOSS11428","url":null,"abstract":"This research studies three aspects relating to farmers readiness for the proposed mobile phone information and trade system (MAITS) namely (a) farmer readiness to adopt newly proposed mobile information and trade system (b) key factors that affect farmers mobile decision support systems (c) farmers readiness to connect with mobile enterprise networks. These were investigated using a qualitative research method. After a careful selection of a set of questions, interviews were conducted with selected farmers from four cities of Pakistan including Lahore, Faisalabad, Vehari and Khanewal. The analysis revealed that farmers readiness to embrace new mobile phone information systems requires maximum level of optimism and innovativeness along with deal of the inhibiting factors which affect the readiness state; inhibiting factors in MAITS adoption comprised of uncertainty factors and current faulty existing system services; and there has been a complete consensus among the farmers to practice MAITS along with mobile decision support system because it can help them in crop planning, farm inputs (seeds, fertilizer, sprays etc), harvesting, transporting and trading. The findings of this study will provide guidance to the relevant organizations when considering readiness and barriers towards implementing of MAITS. The results of the study will give insight to many extension service and policy makers to understand what farmers actually need.","PeriodicalId":52427,"journal":{"name":"Nigerian Journal of Economic and Social Studies","volume":"43 1","pages":"191"},"PeriodicalIF":0.0,"publicationDate":"2014-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82151375","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}
This study explores the productivity of Taiwan’s freeway bus service (FBS) industry in response to competition from the Taiwan High-Speed Rail (THSR). We employ the Malmquist index to investigate the productivity of Taiwan’s FBS industry and apply the dynamic panel data (DPD) model to identify the factors influencing its productivity. The emergence of THSR initially worsened the total factor productivity of the FBS industry firstly and stimulated it in a longer time period. We also find that year 2007, sales and management expense, the total assets, and capital/asset ratio of an FBS company are the primary factors positively influencing the productivity. However, lagged 1 period Malmquist index service and service diversity reversely influence it significantly.
{"title":"The High-Speed Rail and the Productivity of Freeway Bus Service Industry: Taiwan’s Case","authors":"Chih-Cheng Chen","doi":"10.14706/JECOSS11426","DOIUrl":"https://doi.org/10.14706/JECOSS11426","url":null,"abstract":"This study explores the productivity of Taiwan’s freeway bus service (FBS) industry in response to competition from the Taiwan High-Speed Rail (THSR). We employ the Malmquist index to investigate the productivity of Taiwan’s FBS industry and apply the dynamic panel data (DPD) model to identify the factors influencing its productivity. The emergence of THSR initially worsened the total factor productivity of the FBS industry firstly and stimulated it in a longer time period. We also find that year 2007, sales and management expense, the total assets, and capital/asset ratio of an FBS company are the primary factors positively influencing the productivity. However, lagged 1 period Malmquist index service and service diversity reversely influence it significantly.","PeriodicalId":52427,"journal":{"name":"Nigerian Journal of Economic and Social Studies","volume":"5 1","pages":"133"},"PeriodicalIF":0.0,"publicationDate":"2014-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78885059","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}
L. O'Byrne, Michael Miller, Ciara Douse, R. Venkatesh, N. Kapucu
Innovation is being utilized as an important governance tool for improving government functions. The purpose of this research is to identify social innovation programs and initiatives in Seoul, South Korea, through a review of literature on social innovation and a case study of the Seoul Metropolitan Government (SMG). This research suggests that the SMG fosters social innovation through a variety of metropolitan examples and such innovation projects help to sustain metropolitan governance and develop partnership opportunities and collaboratives. This study contributes to the literature on social innovation in the public sector by looking at the motivations for innovation, the culture to facilitate innovation, collaboration as a tool for innovation, and finally how to sustain innovation. The study also emphasizes how collaboration with the civil society and the private sector helps to promote social innovation through creativity, leadership and sustainability. Other metropolitan governments can benefit from exploring the social innovations presented in this study because the examples demonstrate a way for government to become more effective and efficient by using innovation as a tool for governance.
{"title":"Social Innovation in the Public Sector: The Case of Seoul Metropolitan Government","authors":"L. O'Byrne, Michael Miller, Ciara Douse, R. Venkatesh, N. Kapucu","doi":"10.14706/JECOSS11414","DOIUrl":"https://doi.org/10.14706/JECOSS11414","url":null,"abstract":"Innovation is being utilized as an important governance tool for improving government functions. The purpose of this research is to identify social innovation programs and initiatives in Seoul, South Korea, through a review of literature on social innovation and a case study of the Seoul Metropolitan Government (SMG). This research suggests that the SMG fosters social innovation through a variety of metropolitan examples and such innovation projects help to sustain metropolitan governance and develop partnership opportunities and collaboratives. This study contributes to the literature on social innovation in the public sector by looking at the motivations for innovation, the culture to facilitate innovation, collaboration as a tool for innovation, and finally how to sustain innovation. The study also emphasizes how collaboration with the civil society and the private sector helps to promote social innovation through creativity, leadership and sustainability. Other metropolitan governments can benefit from exploring the social innovations presented in this study because the examples demonstrate a way for government to become more effective and efficient by using innovation as a tool for governance.","PeriodicalId":52427,"journal":{"name":"Nigerian Journal of Economic and Social Studies","volume":"15 1","pages":"51-69"},"PeriodicalIF":0.0,"publicationDate":"2014-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74282096","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}
Gelengül Koçaslan, Oguzhan Ozcelebi, S. M. Ertuğral
Statistics of Central Bank of the Republic of Turkey (CBRT) and World Bank (WB) imply that the foreign trade volume of Turkey with its major trade partners in the Balkans (Bulgaria, Greece and Romania) may have a positive effect on Turkey’s economy even under the circumstances of the recent financial crisis. In this respect, on the basis of Vector Error Correction (VEC) model, Granger causality analysis has been performed to make inferences about the consequences of a possible regional trade agreement of Turkey with Bulgaria, Greece and Romania on the real economic activity in Turkey. Thereby, it is aimed to determine whether it is reasonable for Turkey to make a regional trade agreement with Bulgaria, Greece and Romania. Empirical findings reveal that Turkish economy may benefit from a regional economic integration with these Balkan countries.
{"title":"Is a Regional Trade Agreement with Balkan Countries Applicable for Turkey? A Time Series Analysis.","authors":"Gelengül Koçaslan, Oguzhan Ozcelebi, S. M. Ertuğral","doi":"10.14706/JECOSS11412","DOIUrl":"https://doi.org/10.14706/JECOSS11412","url":null,"abstract":"Statistics of Central Bank of the Republic of Turkey (CBRT) and World Bank (WB) imply that the foreign trade volume of Turkey with its major trade partners in the Balkans (Bulgaria, Greece and Romania) may have a positive effect on Turkey’s economy even under the circumstances of the recent financial crisis. In this respect, on the basis of Vector Error Correction (VEC) model, Granger causality analysis has been performed to make inferences about the consequences of a possible regional trade agreement of Turkey with Bulgaria, Greece and Romania on the real economic activity in Turkey. Thereby, it is aimed to determine whether it is reasonable for Turkey to make a regional trade agreement with Bulgaria, Greece and Romania. Empirical findings reveal that Turkish economy may benefit from a regional economic integration with these Balkan countries.","PeriodicalId":52427,"journal":{"name":"Nigerian Journal of Economic and Social Studies","volume":"93 1","pages":"23-37"},"PeriodicalIF":0.0,"publicationDate":"2014-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79166581","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}
Foreign Direct Investments (FDI) are regarded as a significant source of investment in developing countries. However, FDI may affect domestic investments in different aspects. They can enforce the domestic firms to crowd out or crowd in of the sector. In this study; the effects of FDI on developing countries was examined by means of dynamic panel data analysis for 30 developing countries using 1992-2010 period data. According to the empirical analysis results; FDI have crowding in effects in Asian, Latin American and Caribbean countries, although they have crowding out effects in the African developing countries.
{"title":"Effect of Foreign Direct Investments on the Domestic Investments of Developing Countries: A Dynamic Panel Data Analysis i","authors":"Ismet Gocer, M. Mercan, Osman Peker","doi":"10.14706/JECOSS11415","DOIUrl":"https://doi.org/10.14706/JECOSS11415","url":null,"abstract":"Foreign Direct Investments (FDI) are regarded as a significant source of investment in developing countries. However, FDI may affect domestic investments in different aspects. They can enforce the domestic firms to crowd out or crowd in of the sector. In this study; the effects of FDI on developing countries was examined by means of dynamic panel data analysis for 30 developing countries using 1992-2010 period data. According to the empirical analysis results; FDI have crowding in effects in Asian, Latin American and Caribbean countries, although they have crowding out effects in the African developing countries.","PeriodicalId":52427,"journal":{"name":"Nigerian Journal of Economic and Social Studies","volume":"1 1","pages":"69-87"},"PeriodicalIF":0.0,"publicationDate":"2014-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76087340","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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