Pub Date : 2019-03-01DOI: 10.13189/aeb.2019.070203
P. Perera
{"title":"Urban Art Scene in Madrid \"How Can a Contemporary Art Be Used for Tourism?\"","authors":"P. Perera","doi":"10.13189/aeb.2019.070203","DOIUrl":"https://doi.org/10.13189/aeb.2019.070203","url":null,"abstract":"","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44221860","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 : 2019-01-01DOI: 10.13189/AEB.2019.070102
Mária Illés
This paper shows that the various rating calculation methods of business efficiency calculations are built according to a unified logic system. It provides an overview of the rich methodological background and presents a transparent system picture. The analysis shows that the general return requirement is the starting point for business efficiency calculation methods, pointing out that only those methods of calculation are suitable for measuring business efficiency which are logically consistent with the general return requirement. It shows also the essentials of the mixed profit categories and presents and interprets the method elements of business efficiency calculations, which can be used to construct various calculation formulas for different business matters. The uniform logic system of method elements may form a guiding thread when selecting and evaluating the correctness of the method used. The paper draws attention to the fact that a number of efficiency-computing conceptions obviously fail to comply with the general return requirement and consequently in such cases may also be preferred less efficient or even inefficient variants.
{"title":"The Uniform Logic System of Business Efficiency Evaluation Methods","authors":"Mária Illés","doi":"10.13189/AEB.2019.070102","DOIUrl":"https://doi.org/10.13189/AEB.2019.070102","url":null,"abstract":"This paper shows that the various rating calculation methods of business efficiency calculations are built according to a unified logic system. It provides an overview of the rich methodological background and presents a transparent system picture. The analysis shows that the general return requirement is the starting point for business efficiency calculation methods, pointing out that only those methods of calculation are suitable for measuring business efficiency which are logically consistent with the general return requirement. It shows also the essentials of the mixed profit categories and presents and interprets the method elements of business efficiency calculations, which can be used to construct various calculation formulas for different business matters. The uniform logic system of method elements may form a guiding thread when selecting and evaluating the correctness of the method used. The paper draws attention to the fact that a number of efficiency-computing conceptions obviously fail to comply with the general return requirement and consequently in such cases may also be preferred less efficient or even inefficient variants.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45627569","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 : 2019-01-01DOI: 10.13189/AEB.2019.070104
Juhi Shah
As we can see over the last few years, Asia has the fastest growing economies. There is a huge possibility of creation of a new international world system which is going to be led by either the BRICS countries, which has 4 Asian countries of the total 5 members. With the increased economic powers of the Asian countries, many economists worldwide have forecasted that the countries like China, India, Japan, Russia, UAE, South Korea and many others are going to surpass the American or the western system that is followed today. The world is on the verge of seeing a shift in the economic powers. The economies of the Asian countries are by their sheer size becoming economic giants. The countries have experienced a rapid growth in their economies since the 1960s. East Asian countries grew faster than the rest of the world for four key reasons: they have substantial potential for catching up; their geographical and structural characteristics by-and-large favourable; demographic changes following World War II; and their economic policies and strategies. Looking into all these perspectives, the paper will focus on, how the Asian countries are currently fast developing, their position at the global level and how they will determine the future course of world economy Vis-a-vis the west, and power shift at the global level.
{"title":"Asian Economic Dynamics and Power Shifts","authors":"Juhi Shah","doi":"10.13189/AEB.2019.070104","DOIUrl":"https://doi.org/10.13189/AEB.2019.070104","url":null,"abstract":"As we can see over the last few years, Asia has the fastest growing economies. There is a huge possibility of creation of a new international world system which is going to be led by either the BRICS countries, which has 4 Asian countries of the total 5 members. With the increased economic powers of the Asian countries, many economists worldwide have forecasted that the countries like China, India, Japan, Russia, UAE, South Korea and many others are going to surpass the American or the western system that is followed today. The world is on the verge of seeing a shift in the economic powers. The economies of the Asian countries are by their sheer size becoming economic giants. The countries have experienced a rapid growth in their economies since the 1960s. East Asian countries grew faster than the rest of the world for four key reasons: they have substantial potential for catching up; their geographical and structural characteristics by-and-large favourable; demographic changes following World War II; and their economic policies and strategies. Looking into all these perspectives, the paper will focus on, how the Asian countries are currently fast developing, their position at the global level and how they will determine the future course of world economy Vis-a-vis the west, and power shift at the global level.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48276448","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 : 2019-01-01DOI: 10.13189/aeb.2019.070105
Shahzavar Karimzadi
It is a self-evident fact that there cannot be a human society without culture. The necessity of culture to humans is imperative. Culture in its most basic sense fulfills and harnesses the obligations of communal cohabitation. Equally imperative is the fact that culture is not an ad hoc construction of any one individual. What is manifestly obvious is that culture is a reality. On this matter, we can draw a definite conclusion. Humans by their nature are social animals and therefore the survival of human beings, by necessity, will depend on living in groups. Leading a completely secluded life is not sustainable. From their very origin, people have lived in various forms of society. In turn, human society is a whole - composed of many interconnected parts. But what is the bond that joins the various parts into one united whole? In this paper, it will be argued that the biosphere of any society is culture. That is the all-inclusive common denominator and invisible glue that interlinks all the parts as the whole. From this perspective culture is dispensable and its function is more profound, organic and dynamic than perceived in economics. The paper examines how different schools of thought in economics view culture in light of the aforementioned standpoint.
{"title":"Culture in Economics","authors":"Shahzavar Karimzadi","doi":"10.13189/aeb.2019.070105","DOIUrl":"https://doi.org/10.13189/aeb.2019.070105","url":null,"abstract":"It is a self-evident fact that there cannot be a human society without culture. The necessity of culture to humans is imperative. Culture in its most basic sense fulfills and harnesses the obligations of communal cohabitation. Equally imperative is the fact that culture is not an ad hoc construction of any one individual. What is manifestly obvious is that culture is a reality. On this matter, we can draw a definite conclusion. Humans by their nature are social animals and therefore the survival of human beings, by necessity, will depend on living in groups. Leading a completely secluded life is not sustainable. From their very origin, people have lived in various forms of society. In turn, human society is a whole - composed of many interconnected parts. But what is the bond that joins the various parts into one united whole? In this paper, it will be argued that the biosphere of any society is culture. That is the all-inclusive common denominator and invisible glue that interlinks all the parts as the whole. From this perspective culture is dispensable and its function is more profound, organic and dynamic than perceived in economics. The paper examines how different schools of thought in economics view culture in light of the aforementioned standpoint.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48094607","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 : 2019-01-01DOI: 10.13189/AEB.2019.070101
N. Šerić, Filipa Marušić
Marketing tools in tourism are constantly changing. The competition in the global tourism market is exponentially growing. Common practice in the tourism sector is the promotion of destination offer to send target audience specific image in correlation with extra destination value. Customizing destination promotional mix to fit global touristic standards ensures efficient destination positioning but includes higher investment. Management of integral parts of the promotional mix is defined with undifferentiated supply and the general image of destination as well as completely opposite terms of the differentiated offer and the general image of the destination. Most of the tourism-related organizations adjust its promotional mix according to values and image they want to present to the target audience. In the same time, there aren’t many tourism organizations, which adjust its promotional mix to different emissive markets. The main research question of this paper is “Does the strategic commitment of a receptive destination offer in terms of managing the marketing mix present strength or weakness?” The paper will present research results from the survey conducted on tourists from Swedish emissive market in order to define recommendable outlines for the successful promotion of tourism services on the selected emissive market. Given the fact the authors of this paper conducted two parallel primary types of research of attitudes among different samples of the same emissive market (one of them were Swedish tourists who didn’t visit Croatia). Linking of these two aspects has been a research challenge to the expected contribution in the sphere of realizing advisable guidelines for proactive management of destination promotion focused on one emissive market.
{"title":"Tourism Promotion of Destination for Swedish Emissive Market","authors":"N. Šerić, Filipa Marušić","doi":"10.13189/AEB.2019.070101","DOIUrl":"https://doi.org/10.13189/AEB.2019.070101","url":null,"abstract":"Marketing tools in tourism are constantly changing. The competition in the global tourism market is exponentially growing. Common practice in the tourism sector is the promotion of destination offer to send target audience specific image in correlation with extra destination value. Customizing destination promotional mix to fit global touristic standards ensures efficient destination positioning but includes higher investment. Management of integral parts of the promotional mix is defined with undifferentiated supply and the general image of destination as well as completely opposite terms of the differentiated offer and the general image of the destination. Most of the tourism-related organizations adjust its promotional mix according to values and image they want to present to the target audience. In the same time, there aren’t many tourism organizations, which adjust its promotional mix to different emissive markets. The main research question of this paper is “Does the strategic commitment of a receptive destination offer in terms of managing the marketing mix present strength or weakness?” The paper will present research results from the survey conducted on tourists from Swedish emissive market in order to define recommendable outlines for the successful promotion of tourism services on the selected emissive market. Given the fact the authors of this paper conducted two parallel primary types of research of attitudes among different samples of the same emissive market (one of them were Swedish tourists who didn’t visit Croatia). Linking of these two aspects has been a research challenge to the expected contribution in the sphere of realizing advisable guidelines for proactive management of destination promotion focused on one emissive market.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":"11 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66222257","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 : 2019-01-01DOI: 10.13189/aeb.2019.070103
Chaib Baghdad
Algeria is mostly known and defined as an economy based entirely on the hydrocarbon sector, essentially the oil. It based mostly on the revenues transferred by this sector when the world prices are judged favorable for the exports countries, as it is the case with this country, meaning that the question of funding any economic program or project is handing upon the revenues from the oil markets. In this sense, the food policy or security is following the move and the fluctuations of this market, since the country needs to find the right amount to be consecrated to this question, especially when it is a question to import the required volume in order to respond to the increasing demand from the domestic customers and local markets. For this, we will try, in this paper, to examine and study this subject of food security in this country, taking into account its economic specificities and characteristics, and also the nature of its consumers markets. Since the problem is not only to analyze this confrontation, but to find out the policy or strategy to be adopted and set up in this new context of decreasing the financial revenues from the petrol market. Since June 2014, it has been announced that such revenues have decreased for about 60% from this period, with all the impacts, consequences and effects on the question of financing projects, including thus matter of food security and also food policy. The question of food policy is linked with agricultural sector and the majority of population living in bad economic and social conditions, meaning that the State is strongly recommended to establish a strong strategy regarding this matter.
{"title":"The Question of Food Security in Algeria: Between the Collapse of Petrol Price and the Growing Needs of the Population","authors":"Chaib Baghdad","doi":"10.13189/aeb.2019.070103","DOIUrl":"https://doi.org/10.13189/aeb.2019.070103","url":null,"abstract":"Algeria is mostly known and defined as an economy based entirely on the hydrocarbon sector, essentially the oil. It based mostly on the revenues transferred by this sector when the world prices are judged favorable for the exports countries, as it is the case with this country, meaning that the question of funding any economic program or project is handing upon the revenues from the oil markets. In this sense, the food policy or security is following the move and the fluctuations of this market, since the country needs to find the right amount to be consecrated to this question, especially when it is a question to import the required volume in order to respond to the increasing demand from the domestic customers and local markets. For this, we will try, in this paper, to examine and study this subject of food security in this country, taking into account its economic specificities and characteristics, and also the nature of its consumers markets. Since the problem is not only to analyze this confrontation, but to find out the policy or strategy to be adopted and set up in this new context of decreasing the financial revenues from the petrol market. Since June 2014, it has been announced that such revenues have decreased for about 60% from this period, with all the impacts, consequences and effects on the question of financing projects, including thus matter of food security and also food policy. The question of food policy is linked with agricultural sector and the majority of population living in bad economic and social conditions, meaning that the State is strongly recommended to establish a strong strategy regarding this matter.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46232653","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 : 2018-11-01DOI: 10.13189/aeb.2018.060602
Elouazzani Hafsa
The strategic choice of Moroccan banks to conquer the African market has accelerated since the mid-2000s. According to the Banking Commission of the West African Economic and Monetary Union (WAEMU), Moroccan banks concentrate 29.6% of the market share in the WAEMU region in 2015, and more than 30% of the share of global net income in the region. The article is devoted to the research of the role of Moroccan banks in the economic development in African countries. Can Moroccan banks affect real economic activity and act as catalysts for financial and economic development in African countries? To answer this question, we examine the co-movements between loans granted by Moroccan banks in African countries and real activity in those countries. Therefore, we use the synchronization index proposed by Hading and Pagan (2002). The cycles were obtained with a Hodrick-Prescott (HP) filter. The concordance index values, cross-correlation values were used to identify the characteristics of the relationships between the cyclical components. The study covers the period 2006-2015 and focuses on three Moroccan banking groups (Attijariwafabank, BMCE Bank of Africa and Banque Centrale Populaire BCP) set up in seven countries: Benin, Burkina Faso, Cote d'Ivoire, Mali, Senegal, Togo and Niger. The empirical results revealed that the financial (credits granted by Moroccan banks) and business (real activity) cycles are highly synchronized in WAEMU. The study concluded that the bank credits have a positive impact on real activity in WAEMU countries within the period examined.
{"title":"The Impact of Moroccan Banks on Economic Growth in African Countries: Analyzing the Synchronization between the Financial and Business Cycles in WAEMU","authors":"Elouazzani Hafsa","doi":"10.13189/aeb.2018.060602","DOIUrl":"https://doi.org/10.13189/aeb.2018.060602","url":null,"abstract":"The strategic choice of Moroccan banks to conquer the African market has accelerated since the mid-2000s. According to the Banking Commission of the West African Economic and Monetary Union (WAEMU), Moroccan banks concentrate 29.6% of the market share in the WAEMU region in 2015, and more than 30% of the share of global net income in the region. The article is devoted to the research of the role of Moroccan banks in the economic development in African countries. Can Moroccan banks affect real economic activity and act as catalysts for financial and economic development in African countries? To answer this question, we examine the co-movements between loans granted by Moroccan banks in African countries and real activity in those countries. Therefore, we use the synchronization index proposed by Hading and Pagan (2002). The cycles were obtained with a Hodrick-Prescott (HP) filter. The concordance index values, cross-correlation values were used to identify the characteristics of the relationships between the cyclical components. The study covers the period 2006-2015 and focuses on three Moroccan banking groups (Attijariwafabank, BMCE Bank of Africa and Banque Centrale Populaire BCP) set up in seven countries: Benin, Burkina Faso, Cote d'Ivoire, Mali, Senegal, Togo and Niger. The empirical results revealed that the financial (credits granted by Moroccan banks) and business (real activity) cycles are highly synchronized in WAEMU. The study concluded that the bank credits have a positive impact on real activity in WAEMU countries within the period examined.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45725199","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 : 2018-11-01DOI: 10.13189/AEB.2018.060601
Costin-Ciprian Popescu
Advertising looks into every field of the social practice for symbols that, associated to products, help it sell them better. It could not miss the religious symbols. This article examines changes in representations and meanings of angels, devils, Heaven, and Hell confirmed or brought about by advertisements. As the literature indicates, the amount of commercial messages using religious themesAdvertising looks into every field of the social practice for symbols that, associated to products, help it sell them better. It could not miss the religious symbols. This article examines changes in representations and meanings of angels, devils, Heaven, and Hell confirmed or brought about by advertisements. As the literature indicates, the amount of commercial messages using religious themes (especially the amount of advertisements using the four themes) is small. The corpus was created by browsing the 2005 and 2015 issues of four glossy magazines and by collecting advertisements from different media: news magazines, magazines for women, important producers' sites, advertising sites, out-of-home. The componential analysis and the visual semiotics offered the ways to examine the corpus; readings from scientific literature on the four religious themes and a questionnaire whose respondents were graduate students of the Consulting and Expertise in Advertising program, University of Bucharest, helped complete the research. The distinctive features of angels, devils, Heaven, and Hell, as they were presented by researchers of the Christian faith, are compared to features that graduate students, part of popular culture, and advertising ascribe them. Angels and devils have become symbols of high intensity experiences, meant to improve humans' existential condition. Every space where an individual invests subjective energy intended to raise him / her from monotonous life can become Heaven. Hell is matter for irony (we read Hell to understand Heaven) or instrument of blackmails (who does not use the products arrives there). Given the small number of advertisements in the corpus, this research can be qualified as an attempt to answer a difficult question: how to investigate more attentively a process, the use of religious themes in advertising, that everybody notice, but whose breadth and effects are not yet sufficiently determined. (especially the amount of advertisements using the four themes) is small. The corpus was created by browsing the 2005 and 2015 issues of four glossy magazines and by collecting advertisements from different media: news magazines, magazines for women, important producers’ sites, advertising sites, out-of-home. The componential analysis and the visual semiotics offered the ways to examine the corpus; readings from scientific literature on the four religious themes and a questionnaire whose respondents were graduate students of the Consulting and Expertise in Advertising program, University of Bucharest, helped complete the research. The dist
{"title":"Specific Uses of Angels, Devils, Heaven and Hell in Advertising","authors":"Costin-Ciprian Popescu","doi":"10.13189/AEB.2018.060601","DOIUrl":"https://doi.org/10.13189/AEB.2018.060601","url":null,"abstract":"Advertising looks into every field of the social practice for symbols that, associated to products, help it sell them better. It could not miss the religious symbols. This article examines changes in representations and meanings of angels, devils, Heaven, and Hell confirmed or brought about by advertisements. As the literature indicates, the amount of commercial messages using religious themesAdvertising looks into every field of the social practice for symbols that, associated to products, help it sell them better. It could not miss the religious symbols. This article examines changes in representations and meanings of angels, devils, Heaven, and Hell confirmed or brought about by advertisements. As the literature indicates, the amount of commercial messages using religious themes (especially the amount of advertisements using the four themes) is small. The corpus was created by browsing the 2005 and 2015 issues of four glossy magazines and by collecting advertisements from different media: news magazines, magazines for women, important producers' sites, advertising sites, out-of-home. The componential analysis and the visual semiotics offered the ways to examine the corpus; readings from scientific literature on the four religious themes and a questionnaire whose respondents were graduate students of the Consulting and Expertise in Advertising program, University of Bucharest, helped complete the research. The distinctive features of angels, devils, Heaven, and Hell, as they were presented by researchers of the Christian faith, are compared to features that graduate students, part of popular culture, and advertising ascribe them. Angels and devils have become symbols of high intensity experiences, meant to improve humans' existential condition. Every space where an individual invests subjective energy intended to raise him / her from monotonous life can become Heaven. Hell is matter for irony (we read Hell to understand Heaven) or instrument of blackmails (who does not use the products arrives there). Given the small number of advertisements in the corpus, this research can be qualified as an attempt to answer a difficult question: how to investigate more attentively a process, the use of religious themes in advertising, that everybody notice, but whose breadth and effects are not yet sufficiently determined. (especially the amount of advertisements using the four themes) is small. The corpus was created by browsing the 2005 and 2015 issues of four glossy magazines and by collecting advertisements from different media: news magazines, magazines for women, important producers’ sites, advertising sites, out-of-home. The componential analysis and the visual semiotics offered the ways to examine the corpus; readings from scientific literature on the four religious themes and a questionnaire whose respondents were graduate students of the Consulting and Expertise in Advertising program, University of Bucharest, helped complete the research. The dist","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42773232","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 : 2018-11-01DOI: 10.13189/aeb.2018.060604
Ge Zhiyuan, Hou Jie
The aim of this paper is to contribute to a better understanding of developments and changes of China economy from the perspective of input-output networks between 1990 and 2013. Through choosing a network-based approach and combining this with input-output data we are able to analyze the changes and evolutions of centralities, which measured by strength centrality and clustering coefficient, and some extend measures based on centrality including import penetration, international outsourcing and distance to final demand. Our findings show that the basic impression about China input-output networks is that flows are concentrated on some minority points, and also concentrated on the diagonal line obviously, and the self-inputs by industries are normal and significant. Moreover, during recent years the trend of lower and wider peak of the density strength centrality curves illustrates the more balance of China economy than at the beginning of this century, and construction has always been the pillar industry. The changes of distribution of import penetration have been flatter and lower since 1990 and then narrower and higher about after 2001. This trend means that after 2001 most of China industries decrease the dependencies of import from outside. Some trade pattern in measures of distance to final demand and clustering coefficient are exhibited in this paper.
{"title":"Topological Properties of China Input-Output Networks","authors":"Ge Zhiyuan, Hou Jie","doi":"10.13189/aeb.2018.060604","DOIUrl":"https://doi.org/10.13189/aeb.2018.060604","url":null,"abstract":"The aim of this paper is to contribute to a better understanding of developments and changes of China economy from the perspective of input-output networks between 1990 and 2013. Through choosing a network-based approach and combining this with input-output data we are able to analyze the changes and evolutions of centralities, which measured by strength centrality and clustering coefficient, and some extend measures based on centrality including import penetration, international outsourcing and distance to final demand. Our findings show that the basic impression about China input-output networks is that flows are concentrated on some minority points, and also concentrated on the diagonal line obviously, and the self-inputs by industries are normal and significant. Moreover, during recent years the trend of lower and wider peak of the density strength centrality curves illustrates the more balance of China economy than at the beginning of this century, and construction has always been the pillar industry. The changes of distribution of import penetration have been flatter and lower since 1990 and then narrower and higher about after 2001. This trend means that after 2001 most of China industries decrease the dependencies of import from outside. Some trade pattern in measures of distance to final demand and clustering coefficient are exhibited in this paper.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41928204","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 : 2018-09-01DOI: 10.13189/aeb.2018.060501
Hsin-Hue Chang, Min-Li Yao
The aim of this study is to investigate the key factors that influence customers' selection of wealth management (WM) services in Taiwan. We used a face-to-face interview to execute a two-stage questionnaire survey and employed an exploratory factor analysis (EFA) and a confirmatory factor analysis (CFA) to measure factors influencing customers' selection of WM services. The results of EFA suggest that factors consisting of brand image, perceived value, and financial consultants' service quality, might influence customers' selection of WM services. CFA results further provide evidence that those factors significantly account for customers' overall satisfaction. The moderating analysis result however reveals that married and single groups have different views on selecting a WM services. The single customers are more likely to rely on brand images in the choice of WM services, whereas the married customers are more likely to place the emphasis on consultants' service quality. This study provides a chance for WM service providers to understand the key factors that impact customer's selection decision, so providers can address those key factors in their marketing strategy. Therefore, they can compete in this intensive market in better shape. In sum, consultants' service quality is the basic requirement for customers while perceived value plays the important role for financial institutions to excel in the WM markets.
{"title":"Measuring Factors That Influence Customers' Selection on Wealth Management Services in Taiwan","authors":"Hsin-Hue Chang, Min-Li Yao","doi":"10.13189/aeb.2018.060501","DOIUrl":"https://doi.org/10.13189/aeb.2018.060501","url":null,"abstract":"The aim of this study is to investigate the key factors that influence customers' selection of wealth management (WM) services in Taiwan. We used a face-to-face interview to execute a two-stage questionnaire survey and employed an exploratory factor analysis (EFA) and a confirmatory factor analysis (CFA) to measure factors influencing customers' selection of WM services. The results of EFA suggest that factors consisting of brand image, perceived value, and financial consultants' service quality, might influence customers' selection of WM services. CFA results further provide evidence that those factors significantly account for customers' overall satisfaction. The moderating analysis result however reveals that married and single groups have different views on selecting a WM services. The single customers are more likely to rely on brand images in the choice of WM services, whereas the married customers are more likely to place the emphasis on consultants' service quality. This study provides a chance for WM service providers to understand the key factors that impact customer's selection decision, so providers can address those key factors in their marketing strategy. Therefore, they can compete in this intensive market in better shape. In sum, consultants' service quality is the basic requirement for customers while perceived value plays the important role for financial institutions to excel in the WM markets.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48868800","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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