Advances in Time Series Data Methods in Applied Economic Research: International Conference on Applied Economics (ICOAE) 2018 (Springer Proceedings in Business and Economics)

This conference proceedings volume presents advanced methods in time series estimation models that are applicable various areas of applied economic research such as international economics, macroeconomics, microeconomics, finance economics and agricultural economics. Featuring contributions presented at the 2018 International Conference on Applied Economics (ICOAE) held in Warsaw, Poland, this book presents contemporary research using applied econometric method for analysis as well as country specific studies with potential implications on economic policy. 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. Approximately 150 papers are submitted each year from about 40 countries around the world. 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 economic fields such as 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-xv An Analysis of the Status of CSR Practice in the South African Business Context: A Framework for Analysis (Elrida Vos, Niël Oberholzer)....Pages 1-13 Asset Structure of Commercial Banks and Its Impact on Profit Levels (Mário Papík, Lenka Chorvatovičová)....Pages 15-24 Does Credibility Matter for Interest Rate Changes and Output Gaps? Econometric Experiment for an Emerging Economy (Marcos V. N. Montes, Ricardo Ramalhete Moreira)....Pages 25-51 Patents and Enterprise Innovation in Network Industries (Adam Karbowski)....Pages 53-61 Banking Concentration and Firm Growth: The Impact of Size, Location and Financial Crisis (Sophia Dimelis, Ioannis Giotopoulos, Helen Louri)....Pages 63-72 Brexit and Global Implied Volatility Indices (Imlak Shaikh)....Pages 73-88 Credit Crunch Testing in Iranian Banking System (Mahshid Shahchera, Fatemeh Noorbakhsh, Homa Monfared)....Pages 89-102 The Philanthropy Tree of Community Foundations from Ancient to Contemporary Times. Roots and Branches of US and Italian Foundations (Angela Besana, Annamaria Esposito, Martina Treu)....Pages 103-118 Potential Implications of Brexit: The Case of the Slovak Republic (Gabriela Dováľová, Boris Hošoff, Erika Stracová)....Pages 119-134 R&D Activities in a Differentiated Goods Duopoly with Quadratic Cost Function (Jacek Prokop)....Pages 135-145 Internationalization Indices and Success Perception of Polish Born Globals (Tomasz Sikora, Ewa Baranowska-Prokop)....Pages 147-157 Inflation, Unemployment and the NAIRU in Poland (Pavlos Stamatiou, Chaido Dritsaki)....Pages 159-176 On Some Characteristics of Liquidity Proxy Time Series. Evidence from the Polish Stock Market (Joanna Olbrys, Michal Mursztyn)....Pages 177-189 Do Emerging and Frontier Stock Markets of Middle East and North Africa (MENA) Region Provide Diversification Opportunities? (Nisha Mary Thomas, Smita Kashiramka, Surendra Singh Yadav)....Pages 191-203 Beta, Size and Value Factors in the Chinese Stock Returns (Doha Belimam, Ghizlane Lakhnati)....Pages 205-208 Volatility Between Oil Prices and Stock Returns of Dow Jones Index: A Bivariate GARCH (BEKK) Approach (Dimitrios Kartsonakis Mademlis, Nikolaos Dritsakis)....Pages 209-221 The Dynamic Relationship of Defense Expenditure, Energy Consumption, and Economic Growth in Indonesia (Muhammad Fikruzzaman Rahawarin, Amarulla Octavian, Supandi Halim)....Pages 223-233 Integration Measures Based on Principal Component Analysis: Example of Eurozone Stock Markets (Elzbieta Majewska, Pawel Jamroz)....Pages 235-249 Factors Affecting the Soil Analysis Technique Adopted by the Farmers (Moammar Dayoub)....Pages 251-262 Revealed Comparative Advantage BRICS-EU 28: Some New Evidence (Georgios Xanthos, Argiro Moudatsou)....Pages 263-301 The Effect of a Sovereign Credit Rating Change on Share Prices of the South African Retail Banks (M. C. de Wet, I. Botha)....Pages 303-324 Impact of Macroeconomic Variables on Exchange Rate: An Evidence from Pakistan (Muhammad Mohsin, Li Naiwen, Muhammad Kashif Majeed, Sobia Naseem)....Pages 325-333 A Stimulating Export Oriented Policy of Agricultural Sector of Developing Countries on Example of Georgia (Nino Rukhaia-Mosemgvdlishvili)....Pages 335-354 Bayesian Estimation of GARCH(1,1) Model Using Tierney-Kadane’s Approximation (Yakup Arı)....Pages 355-364 The Potential Threat of Corporate Financial Distress in Switzerland (Tomáš Pražák)....Pages 365-376 The Impact of Structure of Debt Funding Sources on Liquidity of Medium-Sized Companies in the Czech Republic (Markéta Šeligová)....Pages 377-387 Banking Flows and Credit Risk in Southern European Countries (Mafalda Venâncio de Vasconcelos)....Pages 389-409 Special Agricultural Safeguards in the International Trade of Meat Analysis and Impacts on the Brazilian Economy (Cinthia Cabral da Costa, Heloisa Lee Burnquist, Joaquim J. M. Guilhoto)....Pages 411-429 Long-Term International Trade Analysis Measuring Spatial Extension of Globalization: Kuznets or Hysteresis Paradigm? (Bruno G. Rüttimann)....Pages 431-441 Empirical Analysis of Copper Co-movement, Volatility and Hedge Ratios with Top Producing Countries (Corlise L. Le Roux)....Pages 443-464 Cobb-Douglas Production Function: The Case of Poland’s Economy (Chaido Dritsaki, Pavlos Stamatiou)....Pages 465-483 The Digitization of Business and the Industry: Opportunities, Challenges and the Technology Behind (Spyridon Adam, Loukas Pol. Michalis, Spiros Panetsos)....Pages 485-502 Theoretical Background of Facility Management (Martina Paliderova, Katarina Frajtova Michalikova)....Pages 503-509 The Effect of Bitcoin Prices on US Dollar Index Price (I. Antoniadis, N. Sariannidis, S. Kontsas)....Pages 511-521 Prospects for Climate Services for Sustainable Agriculture in Tanzania (Moammar Dayoub, Jaakko Helminen, Ville Myllynpää, Nicolas Pope, Mikko Apiola, Tomi Westerlund et al.)....Pages 523-532 Primary Producer Welfare Following a Policy Paradigm Shift: A Review of the Deregulation of the Australian Wheat Market (Stephanie Krezel)....Pages 533-546 Effects of the Greek Financial Crisis to the Food Manufacturing Firms (Ourania Notta, Aspasia Vlachvei, Evita Grigoriou)....Pages 547-560