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Electricity Consumption and Economic Growth in Emerging Economies

Emerging economies have grown much faster than the advanced countries during the past decades. This study investigates the relationship between economic growth and electricity consumption in the emerging economies during the period 1970-2011 by using Pedroni, Kao and Johansen co-integration tests and Granger causality tests. We found that electricity consumption had a positive impact on […]

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The Strategies and Barriers of Career Development for Young Doctors in Romania – An Overview of the Romanian Medical System

The main purpose of the paper is to illustrate the actual and current situation of the human resources within the Romanian medical system. The objective is to reflect the main aspects regarding the beginning and the development of the medical career for the young doctors in Romania. Furthermore, we will reveal the results of a […]

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Importance of the Application of International Accounting Standards in Kosovo Businesses

The adoption of International Accounting Standards (IAS) is an example of accounting standardization among countries with different institutional frameworks and enforcement rules. IAS, though, create a common language for defining, interpreting and publication of financial statements in the whole world. Furthermore, their aim is “to provide a standardized and coherent sight of the companies to […]

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Measuring Objective Well-Being and Sustainable Development Management

Achieving sustainable development is undoubtedly a goal of every society and community. What is implied here is that it is a concept that needs to be managed, i.e. a goal that one strives to achieve in a continuous and dynamic sense, including continuous and consistent measurement. This paper sheds light on analysis of objective well-being […]

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Determinants of Knowledge Sharing Using Web Technologies among Students in Higher Education

Knowledge sharing is becoming more and more important as such educational institutions are trying to harness this opportunity to students’ learning environment in order to create value. Therefore, the motivation behind this research is to conduct an empirical study to explore the factors that influence the success of knowledge-sharing using web technologies among students in […]

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Utilizing the Quantile Regression to Explore the Determinants on the Application of E-Learning

In this research, the quantile regression is applied to investigate the affecting factors associated with the application of e-learning. The findings provide a comprehensive picture about the relationships between the application of e-learning and its determinants. It sheds light on these complicated relationships that, at the different quantiles of the conditional distribution of e-learning adopting […]

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The Role of FDI Inflow on the Post – Communist Albania’s Economic Growth

In this study we assess the role of FDI inflow on the post-communist Albania’s economic growth. The country has experienced a satisfactory growth rate during the transition period to market economy that followed the collapse of communism in the early 1990s. The opening of the country to the foreign world has been accompanied by a […]

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Considerations Regarding Foreign Investments in Romania in the Year 2014

The financial crisis strongly marked states around the world due to the increasing indebtedness of the states and of the banks, which went through, with few exceptions, a prolonged recession. The year 2014 seems to mark a new economic cycle, and the turnaround is seen in Romania, a state which has made progress in reinforcing […]

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Cointegration and Causality between Economic Growth and Social Development in Saudi Arabia

This paper presents an attempt to examine the causal relationships between economic growth and social development in Saudi Arabia between 1980 and 2011. For that, statistical and econometric techniques, such as unit root test, cointegration and Granger Engels causality through Vector Error Correction Model (VECM) are applied. Based on the aggregation of several indicators to […]

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Sustainable Urban Development

The urban environment is becoming the host for most of people around the world. Therefore, the concern regarding the environmental challenges is increasing and the range of solutions is widening. Various combinations of these solutions are proposed as models of urban sustainability and some of them are supported by governmental policies. Integrated urban development and […]

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Heterogeneity of Capital Stocks in Japan: Classification by Factor Analysis

This paper examines the heterogeneity of capital stocks using financial statement data of publicly listed Japanese firms. We conduct factor analysis on investment rates among various capital goods and estimate factor loadings of each as its reactions to common factors like total factor productivity (TFP) shocks. Then we estimate the uniqueness for each investment rate, […]

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Adaptive Management on Danube Delta’s Biodiversity

Biodiversity is a heritage of life that could hold the information needed for the wellbeing of human kind. The challenge of biodiversity preservation was addressed by various management solutions, the newest being the adaptive management. The paper aims to give insights for the application of adaptive management and to reveal its potential for increasing the […]

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The Effect of Exchange Rate Fluctuation on Trade Balance: Empirical Evidence from Saudi Arab Economy

15 February 2014

Fluctuation of the exchange rate has a different unwanted implication towards the economic growth. The right choice of exchange rate regime will bring an economy back to the equilibrium and many economists claim that it is one of the factors for the positive economic development. In contrast, a long term fluctuation of the real exchange […]

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Posted in Economics, Volume IV, Issue no. 1

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Mission of Women in The Scope of E-government in Iraq

15 February 2014

E-government is a positive situation prevalent in most developed and developing countries in order to provide the best possible service to citizens and keep time and effort and reduce the waste of public money (Al-Dabbagh, 2011). Based on view of literature in some countries, problems faced in the establishment of e-government are located within the […]

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Posted in Information Technology, Volume IV, Issue no. 1

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The Digital in Store and the Re-Enchantment of the Customer Experience: What Impact on the Immersion in the Experience of Consumption?

15 February 2014

Henceforth, the retailers estimate that the digital transformation of their enterprises manipulates two levers of performance notably: the customer’s relations and the turnover. They use some digital technologies to personalize the consumer’s experiences and to offer to the customers the possibility to make the self-service and to dive in an exceptional experience. The demonstration of […]

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Posted in Economics, Information Technology, Knowledge Management, Volume IV, Issue no. 1

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The Influence of Communism on Ethical Decision Making

15 February 2014

Previous studies have shown that communism follows different patterns in different countries around the world. China and Vietnam, where officials have jettisoned or abandoned many of the original basic tenets of communism, have been the world’s two fastest growing economies over the past two decades. This paper focuses on the Communist Vietnam where in comparison […]

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Posted in Economics, Volume IV, Issue no. 1

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Applying the Directed Acyclic Graph to Examine the Factors Related to the Adoption of E-Learning

15 February 2014

This research explores the causal relationships among the attitude toward using e-learning, the perception on the usefulness of e-learning and the adoption of e-learning as well as the mediating role of the attitude toward using e-learning and the moderating role of the perceived usefulness of e- learning. We use an advanced method known as the […]

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Posted in Information Technology, Volume IV, Issue no. 1

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Strategies Regarding the Sustainable Development of Agriculture in Romania in Terms of Climate Risk

15 February 2014

Climate change suppression in agriculture is a priority objective of EU Member States strategic development activities. The interdisciplinary nature of these activities involves a comprehensive approach by identifying and linking development activities and intra and inter-sectorial implementation measures with the response to the effects of climate change. The complex effects of climate change on agriculture […]

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Posted in Economics, Volume IV, Issue no. 1

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Governance and Investment in the Valuation of Natural Resources

15 February 2014

Natural resource management regarding the economic development while respecting the imperatives of compliance with environmental quality is not an easy task. In this paper the authors highlight the role of good governance and investment management in finding the optimal decision regarding the valuation strategy of limited natural resources. Criteria used type of information that is […]

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Posted in Economics, Volume IV, Issue no. 1

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Model for Estimating the Potential of Social Networking Sites Usage in Tourism Industry in Bosnia and Herzegovina

15 February 2014

Social networking has taken contemporary business experiences to a new level that cannot be compared with anything that happened so far. Tourism industry and travel booking activities have significantly benefited from such development. Potential travelers can communicate with tourist agencies and operators through social networking sites as well as with tourists who already have visited […]

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Posted in Economics, Information Technology, Volume IV, Issue no. 1

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Strategies of Drinking Beer from Traditional to Experiential Marketing – Bergenbier Case Study

15 February 2014

This paper aims to discuss interesting experiential strategies of a specific European beer brand (Bergenbier) that maintained the balance between traditional and experiential marketing. My hypothesis is that the relationship between both types of marketing should be analysed from two angles: either commercials no longer focus on product features, but rather on events; or the […]

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Posted in Economics, Volume IV, Issue no. 1

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Empirical Evidence of Fiscal Policy Impact on Endogenuos Models of Economic Growth – the Case of Albania

15 February 2014

According to Mankiw (2000), fiscal policy in major macroeconomic models adversely affects the behavior of private agents as consumers and firms and they affect economic growth through investment and savings decisions. Increasing government spending will increase the aggregate demand for goods and services and money demand in the money market leading to an increase of […]

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Posted in Economics, Volume IV, Issue no. 1

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Macroeconomic Variables and the Dynamic Effect of Public Expenditure: Long-term Trend Analysis in Nigeria

15 December 2013

The paper investigates the long-run relationship between government expenditures and a set of macroeconomic variables (GDP, consumer price index and unemployment) using annual data collected from CBN statistical bulletin for a period of 19891 to 2011. It particularly adopts Johansen multivariate co integration for its estimation procedure and discovers that there is long-run relationship between […]

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Posted in Economics, Volume III, Issue no. 6

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Using Social Network Analysis to Analyze Collaboration in Batik SMEs

15 December 2013

As a creative industry, batik industry should always create a breakthrough in the form of innovative batik motifs to attract buyers. Manufacturers of batik in Indonesia are batik SMEs with very simple organization and management. However, they are in a competitive business environment that threatens their survival. In order to continue to create innovative products, […]

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Posted in Economics, Volume III, Issue no. 6

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Trade Openness and Inequality

15 December 2013

This paper is intended to test the effect of trade openness on inequality of wage distribution in Tunisia. The study through econometric estimates showed that the impact of openness on inequality is remarkable in the period marked by an intensive integration into the global economy. However, investment in human capital can have a positive effect […]

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Posted in Economics, Volume III, Issue no. 6

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Detecting Creative Accounting Practices and Their Impact on The Quality of Information Presented in Financial Statements

15 December 2013

This paper aims at presenting some methods of motivating, identifying and decreasing manipulation mechanisms in financial accounting data. Based on a research undertaken with Romanian companies, there has been produced a range of defining elements concerning the approach on creativity in accounting. Initially, we focused on the way business individuals perceive manipulation in accounting, the […]

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Posted in Knowledge Management, Volume III, Issue no. 6

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A New Heart Arrhythmia’s Detection Algorithm

15 December 2013

In this paper we presents the RRP algorithm with new adaptive method with new solution to resolve respective problem RR interval algorithm in heart signal processing. At first we focus on some previous research, to conclude tha, the important ECG processing algorithms discussed on deviation of ST section, width, height and duration of ORS complex […]

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Posted in Information Technology, Volume III, Issue no. 6

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The Corporate Insolvency’s Evolution in the EU and India in the Period 2007-2012

15 December 2013

This article’s goal is to compare the impact of the global economic crisis on the corporate insolvency’s evolution in the EU and India in the period 2007- 2012. We want to highlight India’s position compared to the European Union in terms of time, cost of insolvency and recovery rate and to propose specific measures to […]

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Posted in Economics, Volume III, Issue no. 6

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Accounting – a Pivot of the Business Performance?

15 December 2013

We decided to approach this topic, because we consider it as highly topical in the context in which the general business environment suffers notable changes due to new trends in the economic, social and political trends worldwide. In formulating the answer to the question that is actually the title of this paper, we start from […]

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Posted in Economics, Volume III, Issue no. 6

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Perceived Usefulness and Use of Information Technology: the Moderating Influences of the Dependence of a Subcontractor towards His Contractor

15 December 2013

The perceived usefulness is a concept that has been used by several authors in different fields of study. The analysis of these studies shows, as suggested by Davis (1989), that when the individual perceives the information and communication technologies (ICT) to improve his performances, he uses them more frequently in his daily activities at work. […]

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Posted in Economics, Volume III, Issue no. 6

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Comparative Analysis of Energy Sectors in Some Countries of Eastern Europe

15 December 2013

The analysis of energy sectors of countries all over the world is vital in a context of globalization and economic, social and environmental crises, because represents a way of identifying the problems and finding solutions that were implemented and worked in other countries. Our paper aims to compare the energetic sector of 6 Eastern European […]

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Posted in Economics, Volume III, Issue no. 6

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Stock Market Reaction to Patent Value in Japan: an Event Study Analysis

15 December 2013

The patent is regarded as an indicator of a firm’s innovativeness and many studies have tried to use it as a proxy for the same. However, little research focuses on the impact of the substantial value of patents on stock prices. This study employs event study analysis to explore the stock market reaction to the […]

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Posted in Knowledge Management, Volume III, Issue no. 6

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Understanding Industrial Innovation and Upgrade from Modularization’s Perspective

15 December 2013

In the era of globalization and information technology, modularization is an approach to solve economic system complexity and the essence of new industrial structure. The source of industrial innovation comes from technology and organization modularization and system integration. Industrial upgrade takes effect through interaction of the following factors: competition of modular firms, knowledge creation, knowledge […]

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Posted in Economics, Volume III, Issue no. 6

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An Assessment of Demand for Imports through the VECM Model

15 December 2013

This chapter analyses the factors that affect the demand for imports in Albania during the period 1999-2011. This paper use an error correction model to measure the elasticity of import flows of goods in Albania, related to real demand, developments in trade liberalization, and transfers from abroad and fluctuations in the value of currency; as […]

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Posted in Economics, Volume III, Issue no. 6

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Uml Language Use in Identifying Tangible and Intangible Assets in a Cluster

15 December 2013

Clusters contain a group of related industries and other entities important in terms of competition and are geographic concentrations of interconnected companies and institutions belonging to a particular area. These include suppliers of specialized inputs such as components, machinery and services, and providers of specialized infrastructure. Clusters often extend downstream towards various distribution channels and […]

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Posted in Information Technology, Knowledge Management, Volume III, Issue no. 6

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An Empirical Research Regarding Information Technology in Hospitality Industry: A Case Study from Mures County

15 December 2013

Tourism has a basic role within economy but also within a country and within the human social assembly. In the course of time, tourism services have become the key component of tourism activity, therefore a detailed attention has been provided to the units supplying tourism services, but especially to hotels and factors that can influence […]

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Posted in Information Technology, Knowledge Management, Volume III, Issue no. 6

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Legal Regime of Shale Gas Extraction

15 December 2013

Some countries with large reserves intend to promote shale gas production, in order to reduce their dependency on imported gas. Shale gas will be an important new aspect in the world energy scene, with many effects. European Union wants secure and affordable sources of energy. Natural gas is the cleanest fossil fuel and a vital […]

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Posted in Economics, Volume III, Issue no. 6

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Growth and the Enlargement of a Common Market

15 December 2013

This paper explores the growth effects of the enlargement of a common market from two to three countries by making use of a three-country equilibrium growth model with heterogeneous labour. We prove that the enlargement will stimulate the backward countries’ economic growth. In addition, we also demonstrate that the higher the new member country’s average […]

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Posted in Economics, Volume III, Issue no. 6

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Case Study on Analysis of Financial Statements at a Furniture Manufacturer

15 October 2013

Analysis of the financial statements of a company is an important means to obtain information about how the company operated in the previous period. Interpretation of the evolution of financial indicators does not always prove to be easy, requiring multiple calculations and combined approaches, while the knowledge and understanding of type of business reviewed are […]

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Posted in Economics, Volume III, Issue no. 5

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Brand Alliance, a Strategy to Enter New Markets and a Tool for Positioning

15 October 2013

Brand alliance has emerged in the last two decades as a form of cooperation between two or more established brand names and has expanded as a business strategy to include both the production/ service sectors. This strategy is taking different forms; the most common one is co-branding which involves associating a single product with more […]

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Posted in Economics, Volume III, Issue no. 5

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Direct Problems and Inverse Problems in Biometric Systems

15 October 2013

The article purpose is to describe the two sides of biometrics technologies, direct problems and inverse problems. The advance that we face today in field of Information Technology makes Information Security an inseparable part. The authentication has a huge role when we deal about security. The problems that can appear in implementing and developing biometrics […]

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Posted in Information Technology, Volume III, Issue no. 5

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Tourism Planning in Urban Areas – Trends, Best Practices and Priorities in Bucharest

15 October 2013

Urban tourism is an old concept having its origin in antiquity, especially when existing ports were frequented at the time. Even though we cannot say that at that time tourism was a concept clearly defined, it is common practice for a few millennium particularly in the Mediterranean area (Greece, the Roman Empire, and Egypt) and […]

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Posted in Economics, Volume III, Issue no. 5

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Complicated Relationships among Audit Committee Independence, Nonfinancial and Financial Performance

15 October 2013

The relationships among the audit committee independence, nonfinancial performance and financial performance are quite complicated. They are not simply bivariate correlations. Rather, there may be mediating effects or moderating influences on these casual associations. Nonetheless, previous research has not investigated these complicated relationships. This paper seeks to examine the mediating impact of nonfinancial performance on […]

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Posted in Economics, Volume III, Issue no. 5

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Knowledge Management Issues in Malaysian Organizations: the Perceptions of Leaders

15 October 2013

Knowledge management is a relatively young topic to other older strategic tools, and it has been attracting the attention of researchers and academics over the past decade or so. In this regard globalization is already in many countries including Malaysia like many other developing countries, Malaysia is also striving to fulfil its vision of becoming […]

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Posted in Knowledge Management, Volume III, Issue no. 5

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Strategic Planning in Universities from Pará, Brazil. Contributions to the Achievement of Institutional Objectives

15 August 2013

This article aims to show to what extent strategic planning performed by Brazilian universities from the State of Pará has contributed, whether positively or negatively, to achieve institutional objectives. The research can be classified as explanatory with features of a qualitative multi-case study because it seeks to explain casual relationship between strategic planning and institutional […]

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Posted in Economics, Knowledge Management, Volume III, Issue no. 4

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Relative Value and Principles of Servicity

15 August 2013

Paper aims at defining the value, taking conceptual ideas from the service economy, and at designing main conceptual criteria for correcting of routine approach in economics. It is built as a theoretical questioning and debate, starting with reminding certain issues from the Mercantilist and Physiocrat economic thought. The servicity view is thus reasoned, i.e. the […]

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Posted in Economics, Volume III, Issue no. 4