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| Paper Type | : | Research Paper |
| Title | : | The Analisys of The Factors Influencing on Electronic Payments and Relationship among Azerbaijan's Economy with Them |
| Country | : | Azerbaijan |
| Authors | : | Khayaladdin R. Taghiyev || Sadi I. Eminov || Samir R. Guliyev |
Abstract: In this article it has been analysed the aspects influencing on the scope of cashless payments and illustrated their relationship with country's economy. As it is clear, in the last 30 years, payment systems have been dramatically developed on the basis of technological changes and innovations, and as a result, a revolutionary transition from paper-carriers to electronic-carriers has occured. In that case, beside increase of straight through processing and effectiveness of financial system,..............
Keywords: electronic payments, electronic methods, payment infrastructure, shadow economy
[1] Berger A. N., 2003, "The Economic Effects of Technological Progress: Evidence from the Banking Industry". Journal of Money Credit and Banking, Volume 35.
[2] Behabib, J. and Spiegel, M., 2000, "The Role of Financial Development on Growth and Investment". Journal of Economic Growth, 5, 341 - 60
[3] Carbó-Valverde S., Rodrigues-Fernández F., 2009, "Competing technologies for Payments, Automated teller Machines (ATMs), Point of Sale (POS) Terminals and the Demand for Currency", Fundación BBVA
[4] Central Bank of Azerbaijan's internet site: http://en.cbar.az/lpages/statistics/payment-systems/
[5] Cirasino M. and Garcia A., 2008, "Measuring Payment System Development", Working Paper, Financial Infrastructures Series, The World Bank
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| Paper Type | : | Research Paper |
| Title | : | A Study on Major Commercial Energy Consumption in India |
| Country | : | India |
| Authors | : | T.Amose || Dr.K.R.Jeyakumar |
Abstract: Energy has been universally recognized as one of the most important input for economic growth and human development. Generally, it has defined as "Capacity to do work" thereby, for bring out desirable design on economic level there must be need of intensive of energy performance in various sectors of the country. Perceiving commercial energy at the one of economic viability consumption has equip the present status of economic level to be boost and reach global advance in due period with identification of which are highly consumes among public and the statistics of this has brought out in this study. Electricity, LPG, kerosene, coal and natural gas are the chosen commercial energy and data for the specified years have collected from central electricity authority CAE and Energy statistics 2015 for 2007 – 2014.
Keywords: Commercial, Natural gas, Transformation, Resources, Non-commercial
[1]. Vidhya.V (2012) "Energy Consumption Trend in India" P.P 3-10.
[2]. Massimo fillippini, Shonalipachauri (2002) "Elasticities of Electricity Demand in Urban Indian Households" P.P 2-5.
[3]. Dheivanai.S (2014) "Household Energy Consumption in Kundrakudi Village: A Comparative Study on Backward and Scheduled Caste Communities' P.P 3-11.
[4]. India Energy Portal http://www.indianenergyportal.org/index.php.
[5]. DebeshChakraborty (2007) "A Structural Decomposition Analysis of Energy Consumption in India" P.P 1-3.
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| Paper Type | : | Research Paper |
| Title | : | How Regional Minimum Wage Affect Economic Output |
| Country | : | Indonesia |
| Authors | : | Lucky Rachmawati || Muhammad Abdul Ghofur |
Abstract: The government has compelled for controlling wagesto control the market mechanism by establishing wages at the balance level of supply and demand, which is known as regional minimum wages. This study aims to determine how is the effect of minimum wages on each districts / cities in East Java to theeconomic output as measured by Gross Domestic Product on each districts / cities in East Java. The study shows thatthe higher wages lead to the higheroutput. It is compelled from the increasing of public expenditure and the higher wages decrease the hours of spare time and working hours will be increased, as well as theincrease in output.
Keywords:Minimum wages, Economic output, Gross Domestic Product
[1]. Aaronson, Daniel. Agarwal, Sumit. and French, Eric. 2012. The Spending and Debt Response to Minimum Wage Hikes. American Economic Review, 2012, 102 (7): 3111â € "3139.
[2]. Aaronson, Daniel and French, Eric. 2013. How does a federal minimum wage hike Affect aggregate household spending ?.Chicago Fed Letter. Number 313 August 2013.
[3]. Adelzadeh, Asghar and Alvillar, Cynthia. 2016. The impact of a national minimum wage on the South Africa economy. National Minimum Wage Research Initiative. Working Paper Series, No. 2. University of the Witwatersrand.
[4]. Alonso, Cristian. 2016. Beyond Labour Market Outcomes: The Impact of the Minimum Wage on nondurable Consumption. Journal of Economic Literature (JEL).
[5]. KE Case, RC Fair, Oster SM. 2012. Principles of Economics: 10th Edition. USA: Pearson Education, Inc.
[6]. Cuong, Nguyen Viet. 2012. The Impact of a Minimum Wage Increase on Employment, Wages and Expenditures of Low-Wage Workers in Vietnam. Munich Personal RePEc Archive. MPRA Paper No. 36 751, posted 18 February 2012 14:01 UTC
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| Paper Type | : | Research Paper |
| Title | : | Inflation and Growth: An Estimate of the Threshold Level of Inflation in the U.S. |
| Country | : | Egypt |
| Authors | : | Hio Loi, Ph.D || Ahmed S. Abou-Zaid, Ph.D |
Abstract: The study examines the threshold level of inflation in the US during the period 1960-2011. The model suggests that the threshold level of inflation in the US is between 0 to 1.5 percent quarterly. Above that threshold level, inflation has a significant negative effect on real GDP growth, while below the threshold level, the effect of inflation on real GDP growth is ambiguous.
[1]. Ahmed, S. and Golam, M. "Inflation and Economic Growth in Bangladesh: 1981-2005", Policy Analysis Unit, Research Department, Bangladesh Bank, Working Paper Series: WP 0604
[2]. Barro, R. "Economic growth in a cross section of countries" Quarterly Journal of Economics 106 (1991): 407-443
[3]. Barro, R. "Determinants of Economic Growth, A cross Country Empirical Study" NBER working paper 5698 (1996) August.
[4]. Barro, R. "Eonomics growth in East Asia before and after the financial crisis" NBER working paper 830 (2001) June.
[5]. Bick. A., and Nautz, D. "Inflation Thresholds and Relative Price Variability: Evidence from U.S. Cities" International Journal of Central Banking, Vol. 4(2008):61-76
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| Paper Type | : | Research Paper |
| Title | : | Does Domestic Saving Matter for Economic Growth: in case of Chinese Economy |
| Country | : | Sri Lanka |
| Authors | : | Shanmuganathan Prabagar |
Abstract: The objective of this paper is to find the causal relationship between economic growth (GDP) rate and domestic saving growth (GDS) rate by applying the Harrod Domar growth modelin the case of the Chinese economy. This paper took an analysis of Harrod Domar growth model by using the Autoregressive Distributed Lag (ARDL) model. This ARDL model was developed by Pesaran, Shin and Smith (2001) with Chinese annual data from 1964 to 2014. The ARDL bound test demonstrates that there was a long run relationship between domestic saving and economic growth. Furthermore, ARDL error correction model shows that a cointegration
relationship does exist between domestic saving growth and economic growth in the Chinese economy. Therefore, there was a stable and a positive long run relationship among the domestic saving growth rate and the economic growth rate of the Chinese economy.
Keywords: ARDL Model, Economic growth, Growth Model, Saving, Chinese economy
[1] Harrod., R. F., (1939)., "An essay in dynamic theory". Economic Journal, Vol.49 (139), pp. 14-33.
[2] Domar., E, (1946). "Capital expansion, rate of growth, and employment"., Econometrica, Vol. 14, No. 2 (Apr., 1946), pp. 137-147
[3] Solow. R., (1956)., "A contribution to the theory of economic growth", The Quarterly Journal of Economics, Vol. 70(1): pp.65-94.
[4] Pesaran, M.H., Shin, Y. and Smith, R. (2001)., "Bounds Testing Approaches to the Analysis of Level Relationships." Journal of
Applied Econometrics, Vol.16, pp.289–326.
[5] Sinha D (1996)., "Saving and economic growth in India", this paper was presented at the Allied Social Science Association
Meetings in San Francisco, CA, January 5-7, 1996.
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| Paper Type | : | Research Paper |
| Title | : | The Link between Competitive Advantage and Environmental Sustainability |
| Country | : | India |
| Authors | : | Vytis Varanavicius || Aida Navikaite |
Abstract: Investigations of released academic papers regarding the competitive advantage enhancement via environmental activities have revealed that this field is highly unexplored. With this in mind, the current paper aims to prove the fact that paying more attention to such elements like environmental activities and adapting them into the business practice would serve as a help to save the financial resources and attain new and retain old customer base. Hence, the current article is initiated on the analysis of competitive edge maximization though environmental activities. There are three-fold objectives: 1)to examine competitive advantage through theoretical point of view, 2) to analyze academic perspective of sustainable environment, 3) to investigate environmental activities in a practical level. Additionally, this study paper brings in a new approach regarding a great variety of collected understandings of competitive advantage and its connections with environmental activities
Keywords: Competitive advantage, Environmental sustainability, Environmental activities
[1] Andrews, K. (1971). Theconcept of corporatestrategy. USA: Homewood.
[2] Berns, M., Townend, A., Khayat, Z., Balagopal, B., Reeves, M., Hopkins M. S., Kruschwitz (2009). SustainabilityandCompetitiveAdvantage. MIT SLoanManagementReview. Vol. 51 No. 1.
[3] Berry, T., Wilson, D. (2001). OnTarget: TheBookonMarketingPlans. USA: Palo Alto Software.
[4] Chandler, A. (1962). StrategyandStructure. Cambridge: MIT Press.
[5] Christensen, H. K. (2010). Definingcustomervalueasthedriver of competitiveadvantage. Strategy&Leadership, Vol. 38 No: 5, p.p.20 – 25
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| Paper Type | : | Research Paper |
| Title | : | L'émigration des profils qualifiés et son impact économique sur les pays de départ |
| Country | : | Maroc |
| Authors | : | Elhossain Outougane |
Abstract: This article highlights various aspects of qualified personnel migration phenomenon and its economic impact on the country of origin, mostly in developing countries. On the one hand, it highlights the emergence, the inventory and the main causes of the final departure of highly skilled migrants (Title II), and the other hand, it discuss the advantages and disadvantages that can generate this type of emigration on the economies of source countries (Title III).
Keywords: International Migration, qualified profiles, Brain Drain, Human capital, country of departure.
[1] ROYAL SOCIETY (The). Emigration of Scientists from the United Kingdom, Report of a Committee Appointed by the Council of the Royal Society. Londres : The Royal Society, 1963
[2] JOHNSON H.G. The Economics of the Brain Drain : The Canadian Case. Minerva, vol. 3 (3) (3), pp. 299-311, 1965
[3] Gaillard J. et Gaillard A-M., (1998). Fuite des cerveaux, retours et diasporas. Futuribles n°228, pp. 25-49
[4] AMUZEGAR J. Brain Drain and the Irony of Foreign Aid Policy. Economia Internazionale, vol. 21 (4), pp 679-719, 1968
[5] JOHNSON H.G., 1968.An Internationalist Model. In ADAMS W. (ed.). Brain Drain. New York : Macmillan
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| Paper Type | : | Research Paper |
| Title | : | The Impact of Asia Financial Crisis (AFC) and Global Financial Crisis on the Malaysia Commercial Property Market |
| Country | : | Malaysia |
| Authors | : | Zaemah Zainuddin || Shahril Shafie |
Abstract: The occurrences of several financial crises, namely, Asia Financial Crisis (AFC-1997/1998) and Global Financial Crisis (2008) has affected the commercial properties market. The purpose of this paper is to examine the changes caused by the impact of AFC and GFC on the commercial properties such as shopping complex and offices in Malaysia during the period of 1992 to 2015. The objectives of the research are to (1) determine the impact of AFC and GFC on the vacancy rates of shopping complex and office market and; (2) to determine the macroeconomic variables which affecting the vacancy rates of shopping complex and offices in Malaysia during the AFC and GFC periods.
Keywords: Asia Financial Crisis (AFC), commercial property, Global financial crisis, Malaysia
[1] Dunstan, A & Skilling, H (2015). Commercial Property and Financial Stability. Reserve Bank of New Zealand.(2892), March 2015.
[2] Laeven, Luc and Fabian Valencia, 2008, "Systemic Banking Crises: A New Database," IMF Working Paper No. 08/224.
[3] European Central Bank Report (2008). The Financial Crisis & the role of Central Banks. The Experience of the ECB.
[4] Matua, Te. (2015). Commercial property and fi nancial stability´. Reserve Bank of New Zealand Bulletin, 78 (2).
[5] Newell, G., & Razali, M..N (2009). The Impact of the Global Financial crisis on commercial property investment in Asia
[6] REAL CAPITAL ANALYTICS (2011). Global Capital Trends: Jan 2011. London: RCA
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| Paper Type | : | Research Paper |
| Title | : | The Relationship between Human Capital and Economic Growth in Turkey |
| Country | : | Turkey |
| Authors | : | EyyüpEcevit || AyhanKuloğlu |
Abstract: In this study,the casual relationship between the dynamics of human capital and economic growth were investigated in the Turkey economy over the period 1990-2013using ARDL approach.The main findings of this analysis are thatthere is a cointegration between the variables in the short and longterm. In addition that, health and education spending affects positively economic growth.These findings support the endogenous growth theory based on human capital.According to the findings,Turkey needs the investment of human capital to ensure economic growth.
Keywords: Human capital,economic growth,ARDL
[1] Baldacci, E., Clements, B., Gupta, S., & Cui, Q. (2008). Social Spending, Human Capital, and Growth in Developing Countries. World Development, 1317–1341.
[2] Barrio Castro, T., Lopez Bazo, E., & Serrano Domingo, G. (2002). New Evidenee on International R&.D Spillovers, Human Capital and Produetivity in The OECD. Economies Letters, 41-45.
[3] Barro, R. (1991). Economic Growth in a Cross Section of Countries. The Quarterly Journal of Economics, 407-433.
[4] Bassanini, A., & Scarpetta, S. (2001). "Does Human Capital Matter for Growth in OECD Countries? Evidenee From Pooled Mean-Group Estimates. Economics Department Working Papers, 1-30.
[5] Bloom, D., & Canning, D. (2000). The Health and Wealth of Nations. Science's Compass, Policy Forum: Public Health, 1207-1209
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| Paper Type | : | Research Paper |
| Title | : | A Case Study of the Growth & Challenges of Non –Farm Activities in Gujarat |
| Country | : | India |
| Authors | : | Dr.Varsha K.Tandel |
Abstract: The transformation of economic activities in rural India involving the emergence and growth of non-farm activities in India, the rural non –farm sector is considered an important means of per capita income, employment and standard of living. However it is also themselves are of various activities in the terms of returns and productivity1 the non-farm "sector" includes all economic activities in rural areas except agriculture, livestock, fishing and hunting. It is defined negatively, as non-agriculture, a heterogeneous sector. Among the three sectors, the tertiary sector is highly correlated with Gujarat State Domestic Product (GSDP) during 2007--08 to 2013-14.
Keywords: on –Farm sector, Hunting, Transform, Standard of living, labour absorbing
[1] Anil S Borkar (2013) Transformation of Non –Farm Sector in Rural India ,Center for studies in Economics and Planning Central University of GujaratRetrievedfrom: http://www.academia.edu/5999747/Transformation_of_Non-farm_Sector_in_Rural_India
[2] GOG (2013) Gujarat Where Growth is for All, Speech of Narendra Modi (Chief Minister of Gujarat.
[3] Dipti Prakas Pal Mausumi Datta Biswas (n.d.)Diversification of Farm and Non-Farm Sectors and Structural Transformation of Rural Economy ,Article Retrived www.iioa.org.Conference /19th/papers
[4] Ibid
[5] Mukhopadhyay,D. Gangopadhyay & Saswati Nayak (2008) Non-Farm Occupation in Rural India. Retrieved from India ,Science &Technology 2008 NISTADS/CSIR.
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| Paper Type | : | Research Paper |
| Title | : | Revealing the Cause Factors of Less Optimal Internal Auditors Performance at Higher Education in Maluku Region |
| Country | : | Indonesia |
| Authors | : | Dwi Hariyanti |
Abstract: This study purpose is to uncover the causes of less optimal performance of internal auditor at public and private higher education in Maluku region. This research is conducted by qualitative approach. The research is the internal audit process activity that not gives optimal benefits in both public and private higher education in Maluku region. The data collection is done by observation and in-depth interviews and documentation. The study findings indicate that main factors to cause less optimal performance of internal audit is extern factors namely management commitment of Higher education, while its internal factor has been given.
Keywords: Internal auditor, auditor's performance, management commitment
[1] Albrecht, W. S., Howe, K. R., Schueler, D. R. & Stocks, K. D., Evaluating the Effectiveness of Internal Audit Departments (Altamonte Spring, FL: Institute of Internal Auditors, 1988).
[2] Al-Twaijry, A.A., Brierley, J.A. and Gwilliam, D.R. (2004), ―An examination of the relationship between internal and external audit in the Saudi Arabian corporate sector‖, Managerial Auditing Journal, Vol. 19 No. 7, pp. 929-44.
[3] Blackmore, Jacqueline. 2004 . A critical evaluation of academic internal audit Ann Quality Assurance in Education. Vol 12, 3. P. 128, ProQuest Research Librarypg.
[4] Cosserat, G. W., Modern Auditing (New York: Wiley, 2000).
[5] Fattah, N. 2002. Ekonomi dan pembiayaan pendidikan. Bandung: Remaja Rosdakarya.