Proceedings:International Conference On Applied Economics 2010

 Organised by

Department of Economic Sciences,
National and Kapodistrian University of Athens

Department of International Trade,
TEI of Western Macedonia

Athens, 26-28 August 2010

Chairs

Prof. Lena Tsipouri, National and Kapodistrian University of Athens, Greece

Prof. Nicholas Tsounis, Technological Institute of Western Macedonia, Greece

ISBN 978-960-89054-4-3

ISSN 1791-9347

TABLE OF CONTENTS


Does The Choice Of Government Expenditures Affect Poverty? Time Series Evidence from Pakistan

Shahid Ali

Ownership and performance in the Greek banking sector

Antoniadis I. – Lazarides T. – Sarrianides

Effect of Agricultural and Financial sector reforms on export of cotton lint from Pakistan

Sofia Anwar – Fauzia Shaukat – Zakir Hussain.

A Reappraisal of the Agricultural Prices Policy with an assessment of its impact for rice farmers in Pakistan

Dr. Mohammad Aslam

Investment forecasting with plans collected in business surveys

Leandro D’Aurizio – S. Iezzi

Impact of Trade Liberalization on theEnvironment in Developing Countries: The Case of Iran

Karim Azarbayejani – Saeid Daei Karimzadeh – Naghmeh Honarvar – Farzaneh Amrollahi – Poor Shirazi – Morteza mohammadi

Oil Price Fluctuations and Changing Comparative Advantage

Mukhriz Izraf Azman Aziz

Why do pirates demand movies? Empirical evidence from Italy

Anna Maria Bagnasco

Hard Times of Opera Houses

Angela Besana

ALTERNATIVE MODEL FOR CROP INSURANCE –A CASE OF ONION CROP (ALLIUM CEPA)

Saikumar C. Bharamappanavara, Mallikarjun S. Hasanabadi, Dr. Jayashree A. Handigol, and Dr. R.A.Yeledalli

SUSTAINABLE APPROACH OF ON-FARM DEMONSTRATIONS (OFD) AND ITS SOCIO-ECONOMIC IMPACT ON FARMERS IN THE TANK COMMANDS OF NORTH EASTERN KARNATAKA

Saikumar C. Bharamappanavara, Mundinamani S.M., Nithya V.G., and Naik B.K.

Tax Effort and the Determinants of Tax Ratio in Sub-Sahara Africa.

Thuto Dineo Botlhole

The Evaluation of Monetary Policy and Transmission Mechanism in Brazil: A Proposed Econometric Model

Wilson Luiz Rotatori Corrêa – Sidney Martins Caetano

Production Planning Models for a Virtual Organization

PhD Mihaela Covrig – PhD Radu Şerban – PhD EmiliaŢiţan  – PhD Radu R. SERBAN

Volatility of World Rice Price, Import Tariff and Poverty in Indonesia: A CGE-Microsimulation Analysis

Teguh Dartanto

Swapping Market Access for Technology Spillovers? Tax Incentives and Foreign Direct Investment in China

Ziliang Deng – Rod Falvey – Adam Blake

Baltic States: Credit Crunch or Return to Equilibrium Level?

Olga Ertuganova

Female Education as a Determinant of Economic Growth – (A Case Study of Pakistan)

Goher Fatima

Interrelations between Family Behavior and Women’ Situation on Labor Market, in Romania and other European Countries – an Econometric Approach

Simona Ghita – Cristina Boboc  – Vergil Voineagu

Determinants of Velocity of Money in Pakist

Abid Rashid Gill

The Impact of the Bolsa Escola/Familia Conditional Cash Transfer Program on Enrollment, Drop Out Rates and Grade Promotion in Brazil

Paul Glewwe – Ana Lucia Kassouf

Stock market volatility, federal funds rate surprises and economic factors

Nikolay Gospodinov – Ibrahim Jamali

FISCAL RESPONSE MODEL WITH ANTICIPATED AID: AN APPLICATION TO NICARAGUA

Mariola Gozalo-Delgado – Fernando Rueda-Junquera

THE APPLICATION OF STOCHASTIC PROCESSES IN CURRENCY EXCHANGE RATE FORECASTING AND BENCHMARKING FOR USD-TL AND EURO-TL EXCHANGE RATES

GİRAY GÖZGÖR – CAHİT MEMİŞ – GÖKHAN KARABULUT

A Dynamic Analysis for investigating the linkages between fish biodiversity and profitability

Anita Chattopadhyay Gupta

Pollution Control and Welfare in General Equilibrium: Is there a Tradeoff between Tax and Standard?

Kausik Gupta

Sustainability of Watersheds in India: A Dynamic Analysis

Kausik Gupta, Anindya Bhattacharya, Subha Prasanna Ghosh and Abrita Ghosh

Factor Modelling for Indian Private Sector Banks’ Problem Loans

Dr. P.K. Gupta – Ashima Jain

Tax Reforms and Stock Return Volatility: The Case of Japan

Minoru Hayashida and Hiroyuki Ono

INTERACTIONS BETWEEN INTEREST RATES IN SELECTED EURO AREA COUNTRIES AND IN THE CZECH REPUBLIC

Tomáš Heryán, Daniel Stavárek

Does Government Subsidy on Agricultural Sector Cause Agricultural Development in Bangladesh?

Md. Sharif Hossain (Ph.D.)

DOES STOCK MARKET DEVELOPMENT CAUSE ECONOMIC GROWTH? A TIME SERIES ANALYSIS FOR BANGLADESH ECONOMY

Md. Sharif Hossain (Ph. D.) – Khnd. Md. Mostafa Kamal

Financial openness and finance growth nexus: Evidence from Taiwan

Han Hou – Su-Yin Cheng

Whether or not Public expenditure in Pakistan follows Wagner’s Law? A time series study 1973-2006

M. Iftikhar-ul-Husnain – Asif Mehmood

Empirical Analysis of Textile Clusters in Pakistan

Muhammad Shahzad Iqbal – Faiz.M.Shaikh – Dr. Babak Mahmood

Measuring the real investment of resources in the transaction sector

Maria Stefanova Ivanova

Impact of Cost-Push and Monetary factors on Wholesale Price Index: Empirical Evidence from the Economy of Pakistan

Zahoor Hussain Javed – and Shama Akram

Inflation and inflation Uncertainty: A GARCH application – An appraisal from Pakistan

Sajid Amin Javed – Saud Ahmad Khan

Is the Recent Global Financial Crisis Causes Volatility in Gold and Crude Oil Futures Market in India?

PRATAP KUMAR JENA – Dr. PHANINDRA GOYARI

Alcohol Consumption: Tax Instrumental Variables in Quadratic Almost Ideal Demand System (QUAIDS) with Clustered Data

Theepakorn Jithitikulchai

REINFORCING ECONOMIC INTEGRATION AND MACROECONOMIC STABILITY IN AN ENLARGED EU: the threat to long-run growth

Dr. Urania V. KAKRIDA

Financial Development and Financial Constraints on Firm’s Investment Decisions

Aquiles Elie Guimarães Kalatzis, and Fernanda de Castro

The Impact of Corporate Governance on Financial Constraint: Evidence from Brazilian Firms

Aquiles Elie Guimarães Kalatzis – Aline Damasceno Pellicani – João Vitor Moccellin

Analysing the capacity utilization and optimal input usage of public hospitals in Greece

Dr. Roxani Karagiannis

Private and public financing of education – a market design perspective

G. Koloch, T.Szapiro, P. Szufel

BUILDING ENDURING CUSTOMER RELATIONSHIPS IN THE CORPORATE BANKING SECTOR

Christina Koutziakoutzidou – Nikolaos Sariannidis

Russian Women’s Employment Strategy during the Transition: Providing Risk Insurance for the Family

Penka Kovacheva

Accessability, Utilization and Impact of Irrigation Information on Crop and Water Management

Sampath Kumar. M. – Dr.L.B. Hugar – Somashekhar. R.S

General management of price and non-price methods of agriculture support in Russia

Kuznetsov N.G. – Ovchinnikov V.N., Mostovay I

WHAT ARE THE ADVANTAGES AND DISADVANTAGES THAT LEAD BANKS INTO MERGERS AND ACQUISITIONS? IS ALTMAN’S Z-SCORE MODEL FOR BANKRUPTCY MOTIVATE BANKS FOR MERGERS AND ACQUISITIONS? EVIDENCE FROM THE GREEK BANKING SYSTEM.

Georgios Kyriazopoulos – Dr. Dimitrios Petropoulos

The Relationships among Petroleum Prices

Raymond Li

Stock index realized volatility forecasting in the presence of heterogeneous leverage effects and long range dependence in the volatility of realized volatility

Dimitrios P. Louzis, Spyros Xanthopoulos-Sisinis and Apostolos P. Refenes

The determinants of non-performing mortgage, business and consumer loans in Greece: A dynamic panel data study.

Dimitrios P. Louzis,Angelos T. Vouldis, Vasilios Metaxas

Choosing techniques or typical subsystems instead?

Kosmas Manoudakis

Accountability and Autonomy Relationship in Central Public Sector Enterprises (CPSEs) in India through Memorandum of Understanding (MOUs)

PROFESSOR B.L. MATHUR – Dr.REETA MATHUR

Performance Evaluation of Central Public Enterprises in Global Perspective- a Case Study of India

Dr. REETA MATHUR – PROFESSOR B.L. MATHUR

Oil and Natural Gas Pipelines to Europe

Ali Emami Meibodi (Ph.D.) – Syed Shabber Ali

The Link between Education and Productivity: The Employers’ Perspective

Maria Eliophotou Menon

Brownian Motion for Estimating the Ruin Probability of a Risk Process

PhD Iulian MIRCEA, PhD Mihaela COVRIG, PhD Daniela TODOSE

Resource Dependency and the Empirical Validity of PPP: The Oil Exporter Countries

Asghar Mobarak – Safieh Sheikhbabaee

Estimation of the Inequality Concentration Index of Health care financing through Beta Lorenz Curve, the Case of Islamic Republic of IRAN

Alireza Moradi

Wage Inequality and Trade Reforms in Malaysia

Juita Mohamad

Flexibility in an inflation targeting regime under demand shocks: a model with endogenous potential output from the demand side

Ricardo Ramalhete Moreira

Mean Reversion and Seasonality in GARCH of Agricultural Commodities

Komkrit Ovararin – Nigel Meade

A TRANSLOG ANALYSIS OF INSURANCE ECONOMIES IN NIGERIA

USMAN, OWOLABI A – AKINLO, A.E.

Relationship between Tourism and Trade in Turkey

Esra Polat – Semra Turkan - Suleyman Gunay

Impact of Global Recession on Developed and BRIC countries

Dr Justin Paul – Ryoko Ichinoise

PROFITABILITY, EFFICIENCY AND LIQUIDITY OF THE CO-OPERATIVE BANKS IN GREECE

Dr.Dimitrios P. Petropoulos – George Kyriazopoulos

Higher education services – marketing – mass or marketing segmented?

MARIA-LAVINIA POPESCU

Trade Creation and Trade Diversion as a Result of Offset Transactions

Ewa Baranowska-Prokop

Cartel Formation and Stability for Heterogeneous Firms

Jacek Prokop

A Structural VAR Approach of Monetary Policy in Iran

Hosein Sharifi-Renani

Moving in – selling out: the outcomes of Slum Rehabilitation in Mumbai

Paula RESTREPO

Cointegration and Error Correction Model of Agricultural Futures in Thailand: The Case of RSS3 Futures

Suppanunta Romprasert

Strategic rationale for having overconfident managers. General case.

Olga Vladimirovna Rozanova

GROWTH RATE ANALYSIS OF THE PRIMARY CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK (PCARDBs) IN KARNATAKA (INDIA)

Raveesha S., Saikumar C. Bharamappanavara and G. Govindaraj

Choice of Independent R&D and Open Innovation: Empirical Analysis Based on Questionnaire Data for Firms

Hiromi Saito

The determinants of economic growth in Pakistan: Does stock market development play a major role?

Mohammad Salahuddin

Application of Structural Econometrics Model in the Health care System to Describe Relationships among Variables in the System (The Case of Iran)

Morteza Sameti – Mostafa Emadzadeh – Naghmeh Honarvar – Farzaneh Amrollahi Poor Shirazi – Morteza mohammadi

Literatures about asset price bubbles and monetary policies

Babaei Semiromi – Mohammad Reza

Financial Development and Income Inequality in Pakistan:An Application of ARDL Approach

Muhammad Shahbaz – A. R. Chaudhary

CAUSALITY RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENT, TRADE AND ECONOMIC GROWTH IN PAKISTAN

Faiz Muhammad Shaikh

The Optimal R&D Cooperation Mechanism Between Firms Under Knowledge Spillover Effects

Guang Shi

Does Globalisation Dictate Public Spending in Sub-Saharan Africa? Evidence After Controlling for Idiosyncrasies

SANJEEV K SOBHEE

FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: AN EMPIRICAL RESEARCH ABOUT GREECE -COINTEGRATION TEST

Spinthiropoulos Konstantinos – Garefalakis Alexandros – Stiakakis Emmanuel – Simela Chatsivasileiadou

Policy Dynamics and Competitive Advantage: Quiet Revolution in Indian Agriculture

C.S. Sundaresan

Domestic Investment as a Drive of Economic Growth in Libya

Naser Tawiri

Foreign Direct Investment in Producer Services in ASEAN: How Does It Respond to the Productivity Spillovers?

Nathapornpan Piyaareekul Uttama

Fiscal Refoms of States in India

Dr. Ratna Vadra

Application of Genetic Algorithm to Neural Network Forecasting of Short –Term Water Demand

Vida Varahrami

An Empirical Investigation of the Dynamic Linkages between Housing Prices and Macroeconomic Fundamentals: Evidence from Greece

Velemis Stavros – Katrakilidis Constantinos – Trachanas Emmanouil

ETHICAL DIMENSIONS IN THE CONDUCT OF BUSINESS: BUSINESS ETHICS, CORPORATE SOCIAL RESPONSIBILITY AND THE LAW. THE “ETHICS IN BUSINESS” AS A SENSE OF BUSINESS ETHICS

John Velentzas – Georgia Broni

Competitive strategies and business performance: evidence from Greek Fur industry

Aspasia Vlachvei, Ourania Notta  and Stamatia Demiri

Is the Unofficial Economy Detrimental to Productivity? Evidence from Taiwan’s Firm-level Survey

Shih-Ying Wu – Mei-Jane Teng

Estimating Forward-Looking Taylor Rule by GMM with Factor Instruments

Ruey Yau

Testing Convergence on UK Regional House Prices: A Fractional Integration Approach

Dayong Zhang