Editura Fundatia Romania de Maine
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    46 research outputs found

    Cluster Analysis of the EU Countries in Terms of Labor Market Indicators

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    Abstract: Dynamics of main indicators in the EU labor market context reflects that the EU labor market as whole remains tense, and that differs substantially from one country to another. This paper includes an analysis of recent developments in labor market participation, employment, unemployment, education level with special concerning on data disaggregated by age and sex. Paper aims to group the EU countries according to key indicators of the labor market for gaps and similarities identification in order to achieve the objectives of cohesion policies at EU level. To achieve this propose it was used hierarchical cluster analysis method.    

    Food Quality Certificates and a Research on Effect of Food Quality Certificates to Determinate Ignored Level of Buying Behavioral: A Case Study in HITIT University Feas Business Department

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    Nowadays, food and food industry has become one of the most important sectors for manufacturers and consumers.  Many countries of the world including Turkey have been developed and implemented many standards for food safety and presentation of food to ensure safe consumption. In this study, we studied on the most common of these standards through HACCP and ISO 22000 standards. The purpose of this study is, to determine students' awareness and ignores of level of food quality and food quality certification during their food shopping. This research has conducted with survey in the Hittite University, Faculty of Economics and Administrative Sciences, Business Administration by 256 students are attending to this department. Department student number is 775 in totally. We have determined some hypotheses in the context of research and we applied cluster analysis, chi-square analysis and correlation analysis to the research. According to results of a significant relationship was found between hypotheses. We considered 260 students. After calculating with 0,95 confidence interval and 0,05 tolerance we have to reach 258 students. We used the Cronbach’s Alfa for testing the reliability of survey. Cronbach’s Alfa is settled between 0 and 1 and for reliability of scale and it must be over 0,60 for acceptance to survey. Our survey’s scale has been 0,79 and we can said that, it is a reliable scale for this survey study. According to result of research, there is no relationship between demographic specialties of students and ignored of food and quality legislation. But there is relationship between sexuality and ignored of food and quality legislation. JEL Codes: M31, M39 Keywords: Quality, Food Safety, Food Quality Standards, HACCP, ISO 2200

    Impact of R&D Expences on Firm Performance: Empirical Evidence from the Bist Information Technology Index

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    The relationship between R&D expenses and firm performance has been discussed and carefully studied for many years.  Vast amount of research have been carried to figure out whether this relationship exist or not. Some researchers suggest that there is no relationship between R&D expenses and firm performance, others put forward the existence of negative or positive realtionship. It can be asserted that possible existence as an useful information can be consumed by managers to increase the market value of firms. In that respect, the main aim of this research is to reveal the relationship between R&D and  firm performance by taking into account 10 companies that are listed on the BIST Information Index for 5 years periods (between 2009 and 2013). In order to accomplish this purpose, we employed pooled regresion model and cross sectional time series analysis technique. In general, although negative and positive coefficients are found, almost, all of them is not statistically significant. In other words, according to outcomes, it can be claimed that there is no  relationship  between R&D and firm performance which is line with previous studies

    The Budget of the European Union - Opportunity or Burden for Romania?

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    This paper aims to structure a synoptic image of the expenditure at European Union level from the EU Budget by correlating with the financial flows between EU and Romania, in order to prove a false widespread public idea that Romania contributes to EU accounts with more money than it receives back. Hence, it concludes that Romania is a net beneficiary in relation to EU budget with a positive balance of approx. 15 billion euro by mid-2014

    Sustainable growth with the help of Quality Scheduling Index

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    The paper presents a new way for small and middle size companies to sustain their growth using the Quality Scheduling Index. The aim of the paper is to provide the managers from not only the private sector, i.e. manufacturing companies, a tool which can help them improve Just-In-Time delivery of the products to the market, reduce manufacturing costs related with time usage for manufacturing the products on parallel production lines and also increase the quality according to the ISO norms as well as according to each and every customer requirements. In this way the Pull principle is applied and the company will produce and deliver the right products, at the right time and according to the customer’s specifications. The Quality Scheduling Index is presented and partial results of its implementation are shown from a managerial as well as juridical point of view. The goal is to extend Total Quality Management in areas little explored, working in Just-In-Time mode, by eliminating the temporal variations from the contractual delivery terms regarding time. Among other things, the new management tool, Quality Scheduling Index, is able to capture the desired degree of temporal variations and the associated costs. Its implementation methodology goes to business practice, eliminating the company’s risk of failure from the enterprise supply chain

    Expansion for Who, Markets or the Poor?

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    Abstract: In this study we examine the impacts of monetary expansion policies executed by the Federal Reserve on poverty in the United States of America. It has been discussed in various studies that the Fed’s expansionary monetary policies create a less positive impact on economy as a whole than financial sector. In this study, the expansionary effects of policies on the poor living in America will be discussed. The main thesis of the study is that the poor living in the United States benefited less from expansionary monetary policies than either financial sector or the US economy as a whole. When discussing the thesis of the study both employed and unemployed poor will be discussed. Therefore, it will be questioned that the decrease in the unemployment rate is the indicator of the fight against poverty. Indicators such as indices and interest rates in the financial markets, and indicators such as growth rates and unemployment rates in the non-financial markets are regarded as essential indicators but as for poverty it’s hard to find such regarded indicators. Unfortunately, there are not too many statistics about the poor living in the United States in the reports of the international organizations. Thus the main trouble of the study is that international comparisons are almost impossible. Therefore, various indicators produced by the U.S. government agencies of various indicators will be used in this study

    Oil Price Fluctuations and External Balances of Turkey: 2000-2013

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    The relationship between oil price fluctuations and external balances of Turkey is the main concern of this paper. Economic growth performance of Turkey depends on imported capital goods as well as oil. Oil price increases bring a heavy burden for Turkish economy since Turkey is an oil-importing developing economy. Therefore, it is important to analyze the effects of oil price increases on external balances as well as on economic growth rate. We aim to examine the effects of imported oil price fluctuations on Turkey’s trade and current account balances using structural vector autoregression (VAR) model in this paper. Monthly data set for the period of 2000-2012 is used in this study. In order to capture the net effects of imported oil price on Turkey’s external balances, output gap is used as a control variable in the model. Early results through impulse response functions (IRFs) and variance decomposition indicated that the net effect of oil price fluctuations on external balances exist in the short run. Further analysis of the results and a discussion on policy implications will be added shortly

    The Performance Comparison of the Participation Banks Acting in Turkey Grey Relation Analysis Method

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    Participation Banks” are the final review of banking sector that have become indispensable for economy of countries. Althought participation banks do not have a long past they were included to the Bank Law in 2005 and these banks are getting more attention day by day. Participation Banks are showed as alternative for traditional banks that is why the performance comparisons of participationbanks is important for managers and investors. The purpose of this study is to compare the performances of the participation banks which operating in Turkey with Grey Relational Analysis Method. To do this, by using 4 years datas of the participation banks which belongs between 2010 – 2013 years have been determined 15 ratios which shows the capital adequacy, liquidity, assetquality and profitability criteria. Participation Banks’ performances have been compared with the result of the analysis with the help of determined ratios. The rank obtained from the result of the analysis is; Kuveyt Türk Participation Bank, Türkiye Finans Participation Bank, Albaraka Türk Participation Bank and Asya Participation Bank. At the end of the study, capital adequacy determined as the dominant ratio among all the ratios which affect the perfomances of participationbanks.

    Model for Innovation through Information Network Sharing

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    Nowadays the extinction of financial, economical, scientific globalization urge the companies to new methods of accessing information in order to have an adequate management, answering to the market request. This article aims to discuss how innovation influences the firms’ profitability while protecting the environment. It also analyze how open innovation, environmental innovation and social innovation will contribute to the improvement of global economy and the environment protection. This should be an aim for every person who wants to breath clean air to drink clean water, to spend leisure time in an unpolluted environment, to preserve the nature for future generation.   The authors propose a model of innovation through information network sharing

    A ‘modern’ approach to the macroeconomic accounting: Potential advantages of including the monetary part in macro accounting

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    oai:ocs.icesba.eu:paper/1Economic Output is placed at the heart of the macroeconomics. To calculate the output one needs to achieve simplifying a high level complexity of economic relationships to form a system. On the flip side, the model should be enough elaborated to be able to reflect the important relationships. In this manner, the classical macroeconomic identity as Keynes suggested is simple enough to understand the main elements but it does not show the financial parts of transactions. Not having the monetary part of the economy it lacks the coherence. With the financial and economic crises getting more frequent, the endeavor to build a more inclusive and coherent macroeconomic system has been observed. However, there are large variety in different options of simplifying and simulating complex relationships among the real and monetary part of the modern economies.  Our paper tries to set an analysis comparing some of the recent prominent ideas in building balance sheet and transaction flow matrix in regard to macroeconomic accounting system. We can conclude the new achievement as a compromise from the simplicity for a coherent and more complete picture of macro economy including the monetary transactions as well

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