Advances in Applied Economic Research: Proceedings of the 2016 International Conference on Applied Economics (ICOAE) (Springer Proceedings in Business and Economics)

This proceedings volume aims to provide new research methods, theories and applications from various areas of applied economic research. Featuring papers from the 2016 International Conference on Applied Economics (ICOAE) organized by the University of Nicosia and the Western Macedonia University of Applied Sciences, this volume presents cutting edge research from all areas of economic science that use applied econometrics as the method of analysis. It also features country specific studies with specific economic policy analyses and proposals. Applied economics is a rapidly growing field of economics that combines economic theory with econometrics to analyse economic problems of the real world usually with economic policy interest. ICOAE is an annual conference started in 2008 with the aim to bring together economists from different fields of applied economic research in order to share methods and ideas. The goal of the conference and the enclosed papers is to allow for an exchange of experiences with different applied econometric methods and to promote joint initiatives among well-established fields likemacro- and microeconomics, international economics, finance, agricultural economics, health economics, education economics, international trade theory and management and marketing strategies. Featuring global contributions, this book will be of interest to researchers, academics, professionals and policy makers in the field of applied economics and econometrics. Front Matter....Pages i-xii A CGE Analysis of the Macroeconomic Effects of Carbon Dioxide Emission Reduction on the Algerian Economy....Pages 1-20 Impact of International Migration on Human Development: A South Asian Perspective....Pages 21-35 Job Satisfaction Factors Among University Staff Officers in an Emerging Economy: The Case of Sri Lanka....Pages 37-48 Blogs Usage in Purchasing Process....Pages 49-57 Social and Community Services Government Expenditure and Nigeria’s Economic Growth....Pages 59-71 The Relationship Between Government Expenditure on Health and GDP in Turkey....Pages 73-89 Banking Efficiency and Financial Stability: Which Causes Which? A Panel Analysis....Pages 91-98 Dynamic Modeling of Causal Relationship Between Energy Consumption, CO2 Emissions, and Economic Growth in Italy....Pages 99-109 Financial Literacy and Financial Behavior: An Evidence of Linkage in Albanian Context....Pages 111-124 Financial Leverage Hits Corporate Performance....Pages 125-138 Comparison of Innovation Performance Within Visegrad Countries....Pages 139-149 Dimensions of Market Liquidity: The Case of the Polish Stock Market....Pages 151-166 Formal Identification of Crises on the Euro Area Stock Markets, 2004–2015....Pages 167-180 Economics and Marketing of E-Commerce at 0 km and Further on the Path Towards S-Commerce....Pages 181-192 Using Demographic Variables to Determine Target Segments in Binary Logit Models....Pages 193-224 Social Media Usage in the University Activities....Pages 225-237 Strategic Management of Costs: A New Tool to Gain Competitive Advantage....Pages 239-254 The Causal Relationship Between Government Spending and Revenue: An Empirical Study from Greece....Pages 255-268 Marketing Ethics and Communication Strategy in the Case of Enron Fraud....Pages 269-278 Effectiveness of Use of MCDM Methods in the Terms of Local Self-Government....Pages 279-288 Credit Risk Measurement Using VaR Methodology....Pages 289-302 The Effects of Country-of-Origin on Consumers’ CSR Perceptions, Behavioral Intentions, and Loyalty....Pages 303-316 Symptoms of Depression and Status in the European Labour Market....Pages 317-332 Univariate GARCH Model Generated Volatility Skews for the CIVETS Stock Indices....Pages 333-347 Business Process Reengineering in Emergency Departments (EDs): Evidence from Two Hospitals....Pages 349-363 Assessment of Innovative Capacity of the Region....Pages 365-371 Education Democracy and Dictatorship....Pages 373-378 Are We Better Off Working in the Public Sector?....Pages 379-409 Innovation and Regulatory Holdup: The Case of Shale Gas....Pages 411-432 Trinities in Political Economy: More Than Just a Way of Observation....Pages 433-463 Evolution of Trade Globalization from 2003 to 2014: Weakening Dynamics of World Trade Confirms Globalization Postulates....Pages 465-486 High Education, Professional Insertion and Economic Development in Romania....Pages 487-501 Strategic IT Alignment: Business Performance During Financial Crisis....Pages 503-525 On the Examination of Value-Based Performance Measures: Evidence from Indian Firms....Pages 527-535 The Procyclicality of African Sovereign Credit Ratings....Pages 537-547 The Determinants of Sovereign Credit Ratings in Africa: A Regional Perspective....Pages 549-563 CFIs for Sustainable Risk Proofing in Value Chain Financing: Instances from the Asia Pacific Region....Pages 565-576 Cointegration Between Energy Commodities and the South African Financial Market....Pages 577-589 Do Dividend Payout Ratio Drive the Profitability of a Firm: A Case of Energy and Textile Sector of Pakistan?....Pages 591-597 Attitude of Customers to Socially Responsible Products....Pages 599-606 Dynamics of Lending Rates in the Baltic Countries: Influence of Funding Costs of Banks and Risk Factors....Pages 607-623 Modelling Farmers’ Behaviour Toward Risk in a Large Scale Positive Mathematical Programming (PMP) Model....Pages 625-643 CAPM Model, Beta and Relationship with Credit Rating....Pages 645-652 Shocks Transmission Through Real Channel: The Case of the Central and Eastern European Countries....Pages 653-669 Health Capital as a Factor of Social and Economic Development of the Russian Federation’s Regions....Pages 671-677 Corporate Governance, Insider Trading, and Stock Returns in the Greek Technology Sector....Pages 679-690 Internal Audit Disclosure Regarding to External Audit in Greece....Pages 691-703 Which Factors Are Crucial in Explaining Vulnerability of Countries to the External Macroeconomic Shocks? The Case of the Central and Eastern European Countries....Pages 705-717 Deterrence, Detection, and Investigation of Economic Fraud and Auditor’s Responsibilities Relating to Audit of Financial Statements According to International Standards....Pages 719-742 Can Internet Reporting Affect the Stock Market Listed Companies: The Case of the Greek Listed Companies....Pages 743-781 Corporate Governance: Legal, Managerial, and Auditing Dimensions....Pages 783-798 Importance of Productivity in Non-Optimal Currency Areas....Pages 799-807 Greek Brain Drainers in Europe: An Empirical Study....Pages 809-822 Failures in Elements and Processes of Quality Management Systems in Companies and Their Potential Solutions....Pages 823-829 Controlling as a Tool for Decision Support....Pages 831-839 Gastronomy Tourism: An Examination of the “Greek Breakfast Initiative” Potential....Pages 841-848 Greek Wineries on Facebook Wall....Pages 849-859 Short- and Long-Run Determinants of Tourist Flows: The Case of South Korea....Pages 861-872 Assessing the Impact of Economic Crisis on Food Firms Performance....Pages 873-881 Back Matter....Pages 883-887