Pub Date : 2020-06-01DOI: 10.22598/pi-be/2020.14.1.77
Ayşe Özge Artekin, Sevilay Konya
Summary The aim of this study was to investigate the health-led growth hypothesis in selected 19 OECD countries. Therefore, in this study, different cointegration tests were applied to investigate the relationship between health expenditures and economic growth for the period 1980-2017. The coefficients of the panel regression equation were estimated by the fixed effect method. According to the results, long-term relationship between health expenditures and economic growth was found. Health-led growth hypothesis for selected OECD countries (Australia, Austria, Belgium, Canada, Denmark, Finland, Iceland, Ireland, Japan, Korea, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States) are supported. That is, a long-term relationship between health expenditure and economic growth has been found.
{"title":"HEALTH EXPENDITURE AND ECONOMIC GROWTH: IS THE HEALTHLED GROWTH HYPOTHESİS SUPPORTED FOR SELECTED OECD COUNTRIES?","authors":"Ayşe Özge Artekin, Sevilay Konya","doi":"10.22598/pi-be/2020.14.1.77","DOIUrl":"https://doi.org/10.22598/pi-be/2020.14.1.77","url":null,"abstract":"Summary The aim of this study was to investigate the health-led growth hypothesis in selected 19 OECD countries. Therefore, in this study, different cointegration tests were applied to investigate the relationship between health expenditures and economic growth for the period 1980-2017. The coefficients of the panel regression equation were estimated by the fixed effect method. According to the results, long-term relationship between health expenditures and economic growth was found. Health-led growth hypothesis for selected OECD countries (Australia, Austria, Belgium, Canada, Denmark, Finland, Iceland, Ireland, Japan, Korea, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States) are supported. That is, a long-term relationship between health expenditure and economic growth has been found.","PeriodicalId":52844,"journal":{"name":"Poslovna Izvrsnost","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.22598/pi-be/2020.14.1.77","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46342853","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 : 2020-06-01DOI: 10.22598/pi-be/2020.14.1.11
Andrijana Rogošić
Quality Costing is an accounting method that captures and measures qualityrelated costs providing quality data that can be quite useful for quality improvement and management. In order to become relevant source of data in quality management Quality Costing should be properly implemented. Therefore, the scope of quality cost recording and the usage level of Quality Costing determines its maturity level. The purpose of this paper is to explore whether the maturity of Quality Costing positively affects the application of quality management principles according to the ISO 9001:2015. This study reveals that the Quality Costing maturity is crucial in attaining lower level of waste and production nonconformities as well as the failure costs reduction and, on the other hand, the increase of revenues, better decision-making and more sensible investing. Comparing to prior studies the novelty of this paper is in introducing the maturity of accounting system pointing out that more advanced level of Quality Costing application leads to the wider scope of quality data that can be used as a compass in quality management. Empirical research is based on online survey addressed to quality managers. Findings indicate that comprehensive recording and reporting of adequately categorised quality costs can produce many benefits for the organisation.
{"title":"QUALITY COSTING AS A COMPASS IN QUALITY MANAGEMENT","authors":"Andrijana Rogošić","doi":"10.22598/pi-be/2020.14.1.11","DOIUrl":"https://doi.org/10.22598/pi-be/2020.14.1.11","url":null,"abstract":"Quality Costing is an accounting method that captures and measures qualityrelated costs providing quality data that can be quite useful for quality improvement and management. In order to become relevant source of data in quality management Quality Costing should be properly implemented. Therefore, the scope of quality cost recording and the usage level of Quality Costing determines its maturity level. The purpose of this paper is to explore whether the maturity of Quality Costing positively affects the application of quality management principles according to the ISO 9001:2015. This study reveals that the Quality Costing maturity is crucial in attaining lower level of waste and production nonconformities as well as the failure costs reduction and, on the other hand, the increase of revenues, better decision-making and more sensible investing. Comparing to prior studies the novelty of this paper is in introducing the maturity of accounting system pointing out that more advanced level of Quality Costing application leads to the wider scope of quality data that can be used as a compass in quality management. Empirical research is based on online survey addressed to quality managers. Findings indicate that comprehensive recording and reporting of adequately categorised quality costs can produce many benefits for the organisation.","PeriodicalId":52844,"journal":{"name":"Poslovna Izvrsnost","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.22598/pi-be/2020.14.1.11","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68229152","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 : 2020-06-01DOI: 10.22598/pi-be/2020.14.1.109
S. Aćimović, Veljko M. Mijušković, I. Herceg
Reverse logistics management has been the subject of scientific and practical attention for a few decades now. An additional interest for this topic has arisen during the last decade, due to a growing number of business entities it affects and the insight into the strategic potential of adequately managing the reverse logistics flows. Up to now, practical research and empirical confirmation regarding reverse logistics management has been scarce, and the question of defining elements, i.e. factors which determine the reverse logistics flows has remained without a complete answer. In time, various authors have tried to solve this question by setting certain guidelines and models which comprehensively show factors considered to be of key importance for the realization of the reverse logistics flows. The subject of this paper is to analyze in depth such existing models. After defining the very term of reverse logistics, the carried out model analysis respects the dynamic time component, first focusing on the theoretical model in this areathe Carter-Ellram model, and later on to the one empirically confirmedthe contemporary reverse logistics model. The aim of this paper is threefold. First, to explain the evolution of the meaning of reverse logistics. Second, to revise the two approaches which most comprehensively define the set of factors considered to be of most importance for the reverse logistics management. Thirdly, it is necessary to compare the factors identified within the theoretical model, with the ones generated empirically, in order to see the similarities and certain differences among them.
{"title":"FACTOR DETERMINATION AND REVERSE LOGISTICS MODELLING: THEORY VS. PRACTICE","authors":"S. Aćimović, Veljko M. Mijušković, I. Herceg","doi":"10.22598/pi-be/2020.14.1.109","DOIUrl":"https://doi.org/10.22598/pi-be/2020.14.1.109","url":null,"abstract":"Reverse logistics management has been the subject of scientific and practical attention for a few decades now. An additional interest for this topic has arisen during the last decade, due to a growing number of business entities it affects and the insight into the strategic potential of adequately managing the reverse logistics flows. Up to now, practical research and empirical confirmation regarding reverse logistics management has been scarce, and the question of defining elements, i.e. factors which determine the reverse logistics flows has remained without a complete answer. In time, various authors have tried to solve this question by setting certain guidelines and models which comprehensively show factors considered to be of key importance for the realization of the reverse logistics flows. The subject of this paper is to analyze in depth such existing models. After defining the very term of reverse logistics, the carried out model analysis respects the dynamic time component, first focusing on the theoretical model in this areathe Carter-Ellram model, and later on to the one empirically confirmedthe contemporary reverse logistics model. The aim of this paper is threefold. First, to explain the evolution of the meaning of reverse logistics. Second, to revise the two approaches which most comprehensively define the set of factors considered to be of most importance for the reverse logistics management. Thirdly, it is necessary to compare the factors identified within the theoretical model, with the ones generated empirically, in order to see the similarities and certain differences among them.","PeriodicalId":52844,"journal":{"name":"Poslovna Izvrsnost","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.22598/pi-be/2020.14.1.109","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46320735","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 : 2020-06-01DOI: 10.22598/pi-be/2020.14.1.159
S. Ravlić, J. Glavaš, D. Sebo
knowledge and abilities they can use for further development, to understand the importance of lifelong learning and the increase of active involvement in a local community. In conclusion, the project implementation and the investment in rural areas is an investment in the future due to the diversity of processes they can activate.
{"title":"RURAL AREA RESOURCE MANAGEMENT: THE CASE OF HUNGARY – CROATIA IPA CROSS-BRODER COOPERATION","authors":"S. Ravlić, J. Glavaš, D. Sebo","doi":"10.22598/pi-be/2020.14.1.159","DOIUrl":"https://doi.org/10.22598/pi-be/2020.14.1.159","url":null,"abstract":"knowledge and abilities they can use for further development, to understand the importance of lifelong learning and the increase of active involvement in a local community. In conclusion, the project implementation and the investment in rural areas is an investment in the future due to the diversity of processes they can activate.","PeriodicalId":52844,"journal":{"name":"Poslovna Izvrsnost","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.22598/pi-be/2020.14.1.159","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48333723","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 : 2020-06-01DOI: 10.22598/pi-be/2020.14.1.135
Gezim Jusufi, Mic Ukaj
The aim of the paper is to identify the impact of the Western Balkans Diaspora on economic development of these countries, in particular Kosovo. Through qualitative methodological approaches the paper will review and analyze the definition and concept of migration, the reasons and factors of migration, migrations theories, the main destination for migrants, specifications of Kosovo population migration into years, the migration phases of the Kosovo population, the effects of migration or remittances on economic development of Kosovo, effective policies to strengthen the link between diaspora and development, remittance transfer channels and so on. From all the Western Balkan countries, Kosovo continues to be a significant trend for emigration because labour market is unable to absorb the high number of job seekers. Hence, the Kosovo institutions should promote investment and inform the Kosovo diaspora of facilities for doing business, and reforms that have been implemented in Kosovo. The limitations of this research may be the insufficient data and statistics on migration trends of the Western Balkan countries. Therefore, it was not possible to incorporate econometric analysis. The value of this paper, lies in dealing with Western Balkan migration problem, a problem that has been little addressed in the current academic literature.
{"title":"MIGRATION AND ECONOMIC DEVELOPMENT IN WESTERN BALKAN COUNTRIES: EVIDENCE FROM KOSOVO","authors":"Gezim Jusufi, Mic Ukaj","doi":"10.22598/pi-be/2020.14.1.135","DOIUrl":"https://doi.org/10.22598/pi-be/2020.14.1.135","url":null,"abstract":"The aim of the paper is to identify the impact of the Western Balkans Diaspora on economic development of these countries, in particular Kosovo. Through qualitative methodological approaches the paper will review and analyze the definition and concept of migration, the reasons and factors of migration, migrations theories, the main destination for migrants, specifications of Kosovo population migration into years, the migration phases of the Kosovo population, the effects of migration or remittances on economic development of Kosovo, effective policies to strengthen the link between diaspora and development, remittance transfer channels and so on. From all the Western Balkan countries, Kosovo continues to be a significant trend for emigration because labour market is unable to absorb the high number of job seekers. Hence, the Kosovo institutions should promote investment and inform the Kosovo diaspora of facilities for doing business, and reforms that have been implemented in Kosovo. The limitations of this research may be the insufficient data and statistics on migration trends of the Western Balkan countries. Therefore, it was not possible to incorporate econometric analysis. The value of this paper, lies in dealing with Western Balkan migration problem, a problem that has been little addressed in the current academic literature.","PeriodicalId":52844,"journal":{"name":"Poslovna Izvrsnost","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.22598/pi-be/2020.14.1.135","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46063242","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 : 2019-12-01DOI: 10.22598/pi-be/2019.13.2.11
Helena Šlogar, Heri Bezic
The purpose of this paper is to examine the relationship between innovativeness and export in Croatian companies. The study involved 303 Croatian expo
本文的目的是研究克罗地亚公司的创新和出口之间的关系。这项研究涉及303名克罗地亚人
{"title":"THE RELATIONSHIP BETWEEN INNOVATIVENESS AND EXPORT IN CROATIAN COMPANIES","authors":"Helena Šlogar, Heri Bezic","doi":"10.22598/pi-be/2019.13.2.11","DOIUrl":"https://doi.org/10.22598/pi-be/2019.13.2.11","url":null,"abstract":"The purpose of this paper is to examine the relationship between innovativeness\u0000and export in Croatian companies. The study involved 303 Croatian expo","PeriodicalId":52844,"journal":{"name":"Poslovna Izvrsnost","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.22598/pi-be/2019.13.2.11","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44391110","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 : 2019-12-01DOI: 10.22598/pi-be/2019.13.2.203
Saša Petar, Tajana Marušić
is and sensitive because brands often reflect consumers' opinions and attitudes. Consumers establish a relationship based on emotions with brands and expect that certain important characteristics that they associate with a brand do not change. In particular, they expect continuity in quality, which is considered to be one of the key determinants of building a successful brand. In today's extremely fast and competitive market, it is more important for brands than ever to maintain continuity of quality and thus meet consumer expectations. The aim of this paper is to explain in more detail the characteristics of a brand, as well as the difference between a brand and a product, and the process of building a brand itself. By reviewing the available and current literature, this paper also aims to examine more closely the importance of quality in the process of creating a successful brand, which then generates positive business results and profits.
{"title":"KVALITETA PROIZVODA KAO ČIMBENIK STVARANJA MARKE","authors":"Saša Petar, Tajana Marušić","doi":"10.22598/pi-be/2019.13.2.203","DOIUrl":"https://doi.org/10.22598/pi-be/2019.13.2.203","url":null,"abstract":"is and sensitive because brands often reflect consumers' opinions and attitudes. Consumers establish a relationship based on emotions with brands and expect that certain important characteristics that they associate with a brand do not change. In particular, they expect continuity in quality, which is considered to be one of the key determinants of building a successful brand. In today's extremely fast and competitive market, it is more important for brands than ever to maintain continuity of quality and thus meet consumer expectations. The aim of this paper is to explain in more detail the characteristics of a brand, as well as the difference between a brand and a product, and the process of building a brand itself. By reviewing the available and current literature, this paper also aims to examine more closely the importance of quality in the process of creating a successful brand, which then generates positive business results and profits.","PeriodicalId":52844,"journal":{"name":"Poslovna Izvrsnost","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.22598/pi-be/2019.13.2.203","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46025072","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 : 2019-12-01DOI: 10.22598/pi-be/2019.13.2.53
Marko Šundov, Dušanka Gajdić, K. Petljak
Spatial expansion and increasing population of cities is turning them into neuralgic points of the food supply chain. Due to its structure and the speed of life processes, food is delivered to urban centres through conventional supply chains, and therefore, today we are faced with an extremely dependent consumer (due to the lack of food self-supply). For this reason, the strategic development of cities requires sustainable thinking and reasoning when it comes to food supply. A simple possible solution for the continuous and sustainable supply for the urban population is the development of ecodistribution centres for agri-food products. With the implementation of this model, numerous effects can be achieved; developing the rural environment of cities reduces the pressure of population inflows; ensuring the supply of fresh, high-quality food in
{"title":"ECO-DISTRIBUTION CENTRES FOR AGRICULTURAL PRODUCTS IN THE FUNCTION OF CONSUMER POTENTIAL OF URBAN CENTRES","authors":"Marko Šundov, Dušanka Gajdić, K. Petljak","doi":"10.22598/pi-be/2019.13.2.53","DOIUrl":"https://doi.org/10.22598/pi-be/2019.13.2.53","url":null,"abstract":"Spatial expansion and increasing population of cities is turning them into neuralgic points of the food supply chain. Due to its structure and the speed of life processes, food is delivered to urban centres through conventional supply chains, and therefore, today we are faced with an extremely dependent consumer (due to the lack of food self-supply). For this reason, the strategic development of cities requires sustainable thinking and reasoning when it comes to food supply. A simple possible solution for the continuous and sustainable supply for the urban population is the development of ecodistribution centres for agri-food products. With the implementation of this model, numerous effects can be achieved; developing the rural environment of cities reduces the pressure of population inflows; ensuring the supply of fresh, high-quality food in","PeriodicalId":52844,"journal":{"name":"Poslovna Izvrsnost","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.22598/pi-be/2019.13.2.53","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48244081","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 : 2019-12-01DOI: 10.22598/pi-be/2019.13.2.87
Tilen Klobučar, J. Erjavec
Procurement has become a key strategic business function for companies, which in turn has made supplier integration a key activity in supply-chain management. Thus, appropriate supplier relationship management is important in ensuring successful supplier integration and in determining the degree of integration. Scholars have developed various supplier relationship frameworks to support managers’ efforts to manage their supplier relationships. However, no framework is suitable for every organization, and there is no guarantee that adopting and integrating a framework will lead to success. Each framework’s benefits and drawbacks should be considered. In this paper, we review the most recent frameworks for supplier relationship management and then develop a new framework that addresses their issues. This proposed three-phase framework allows for greater flexibility and faster adaptation to the changes that occur in the turbulent business environment. The framework also allows for sufficiently detailed development of selected suppliers and enables buyer and suppliers to cocreate value. Additionally, with the help of appropriate IT support, the proposed framework facilitates continuous, stable and real-time data exchange, which in turn speeds up the decisionmaking regarding both operational and tactical procurement activities. This paper’s
{"title":"CONTINUOUS SUPPLIER RELATIONSHIP MANAGEMENT FRAMEWORK","authors":"Tilen Klobučar, J. Erjavec","doi":"10.22598/pi-be/2019.13.2.87","DOIUrl":"https://doi.org/10.22598/pi-be/2019.13.2.87","url":null,"abstract":"Procurement has become a key strategic business function for companies, which in turn has made supplier integration a key activity in supply-chain management. Thus, appropriate supplier relationship management is important in ensuring successful supplier integration and in determining the degree of integration. Scholars have developed various supplier relationship frameworks to support managers’ efforts to manage their supplier relationships. However, no framework is suitable for every organization, and there is no guarantee that adopting and integrating a framework will lead to success. Each framework’s benefits and drawbacks should be considered. In this paper, we review the most recent frameworks for supplier relationship management and then develop a new framework that addresses their issues. This proposed three-phase framework allows for greater flexibility and faster adaptation to the changes that occur in the turbulent business environment. The framework also allows for sufficiently detailed development of selected suppliers and enables buyer and suppliers to cocreate value. Additionally, with the help of appropriate IT support, the proposed framework facilitates continuous, stable and real-time data exchange, which in turn speeds up the decisionmaking regarding both operational and tactical procurement activities. This paper’s","PeriodicalId":52844,"journal":{"name":"Poslovna Izvrsnost","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.22598/pi-be/2019.13.2.87","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42428146","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 : 2019-12-01DOI: 10.22598/pi-be/2019.13.2.111
Tomislav Galović
The main aim of the paper is to empirically measure the impact of terrorism and other (institutional, economic, natural) factors on the foreign direct investments (FDI inward stock) of transition economies in the world. Methodology includes the application of two-step system GMM (Generalized Method of Moments) estimator of dynamic panel analysis. The research covers a group of 16 countries from 2000 to 2016. Research findings confirm that terrorist incidents, economic and institutional variables affect FDI inward stock of transition economies. It can be concluded that institutional variables (Government effectiveness, control of corruption) recorded the most significant impact on the inward FDI stock in the transition economies of the global economy. From the results, we can see the international competitiveness of transition countries about the influence of the variables of terrorism and other relevant model variables on foreign direct investments (FDI).
{"title":"UTJECAJ TERORISTIČKIH NAPADA NA PRILJEV IZRAVNIH STRANIH ULAGANJA U TRANZICIJSKIM ZEMLJAMA","authors":"Tomislav Galović","doi":"10.22598/pi-be/2019.13.2.111","DOIUrl":"https://doi.org/10.22598/pi-be/2019.13.2.111","url":null,"abstract":"The main aim of the paper is to empirically measure the impact of terrorism and \u0000other (institutional, economic, natural) factors on the foreign direct investments (FDI \u0000inward stock) of transition economies in the world. Methodology includes the application \u0000of two-step system GMM (Generalized Method of Moments) estimator of dynamic panel \u0000analysis. The research covers a group of 16 countries from 2000 to 2016. Research \u0000findings confirm that terrorist incidents, economic and institutional variables affect FDI \u0000inward stock of transition economies. It can be concluded that institutional variables \u0000(Government effectiveness, control of corruption) recorded the most significant impact \u0000on the inward FDI stock in the transition economies of the global economy. From the \u0000results, we can see the international competitiveness of transition countries about the \u0000influence of the variables of terrorism and other relevant model variables on foreign \u0000direct investments (FDI).","PeriodicalId":52844,"journal":{"name":"Poslovna Izvrsnost","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.22598/pi-be/2019.13.2.111","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45380390","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}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：