Journal of Economics Bibliography
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Assessing Competition with the Panzar-Rosse Model in the Turkish Banking Sector
No full textThe Turkish banking sector was reformed with new regulations after 2000. The aim of this study is to measure the degree of concentration and assess the state of competition in the Turkish banking sector using data from 22 commercial banks for the period of 2002-2013. The data is analyzed using the pooled Generalized Least Square (PGLS) method. Concentration measures of CR3, CR4 and HHI are used and they show a moderate but slightly decreasing concentration in the sector. The widely accepted Panzar and Rosse (1987) model and its H-statistic are used as a non-structural method to assess the degree of competition. The H-statistic of 0.599 is found for the period of 2002-2013. It indicates a monopolistically competitive market structure for the Turkish banking sector.Keywords:PanzarRosse Model, Concentration, Competition, Turkish Banking Sector, Pooled Generalized Square Model
Economic, Ecological, and Social Valuing of the Cuniculus Paca under the Ecuadorian Model of Good Living(“Buen vivir”)
No full textAbstract. Departing from the current development and Ecuadorian strategy, this paper assesses the wildlife species named Cuniculus Paca as a source of bush meat for local rural communities settled along the Pacific coast. At the outset, two premises are set up: on the one hand, a distinction is made between Cuniculus Pacaas a positional good and as a relational good and, on the other hand, custom is assumed lying behind in its chasing process. Thereby, it proposes a methodology to value the aforementioned specie from both economic and ecological standpoints, but also incorporating in the later the variable Good Living (“Buen vivir”), which is measured by the level of satisfaction of the relational good that is co-produced along hunting. It is also assumed that this supplementary activity carried out by local people is largely a tradition passed on from one generation to another. The paper also calculates the abundance average relative index top lace the Cuniculus paca population in the wild. An econometric model is then specified to estimate the effect of Good Living (“Buen vivir”) on its social value of the Cuniculus Paca. Based upon the estimated results some right policies to ensure a sustainable management of such resource are brought to the fore to ensure the bush meat consumption among local peasants, in line with the Good Living (“Buen vivir”) convocation.Keywords. Economic value, cultural value, ecological value, Good Living or “Buen vivir”, Cuniculus paca, public policy.JEL. D12, O12, Q28, Q57
Economy and Art Why are Economy and Art Closely Linked?
No full textMost art products can be classified as intangible goods. They characterize a reasonable connection with passion, inspiration, creativity and emotions. However, the pricing of theseoutcomes is exceptional irregular and uncertain. As a result, the questions arise: What is art? What is the relationship between art and economy? Is there a practical way for artist to be famous and rich at the same time? Why are the fate of the artist depend not only on the quality and creativity of their products, but also to the economic resources? We have taken this phenomenon with particular attention, in which we examine the problem from an economic and artistic point of view.Upon analyzing the relations between art and economy, it provides a comprehensive view about the meaning of artworks for society’s economic and cultural development
New Economics Journals
No full textThis list is consisted of the journals that entered to EconBib Index created by KSP. The list is updated with the each volume of JEB and incorporated the new added journals to EconBib. Please visit the official EconBib website www.econbib.org to see the contents of each journal. The journals, which may want to enter to the list and be indexed by EconBib, may find the conditions in EconBib website. “The register form” in the website should be submitted to the stated e-mail address. All journals within EconBib are updated automotically when new volumes of JEB are published. Detailed information about EconBib can be found in its website www.econbib.org
