Journal of Social and Administrative Sciences
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Vine to Wine: An Analysis of Value Construction or Destruction at the Point of Production
Abstract. Due to topographic circumstances, the Finger Lakes Region of New York is capable of producing wine; albeit the region is limited by the climate and soil types of this region. While the potential is apparent to viticulturists and oenologists, the consumers seem to be unaware or unconscious of these abilities and hold the area to standards outside of its capabilities; in regards to both volume production and varietal preference. Since the region is a consumer driven area, the relationship has been developed with wine that evolves around consumption; this emphasizes volume production that is only possible via machine practices. This use of mechanization is what fosters a disconnect between producer and product: an alienation of the vines, vintner and winemaker. This paper analyses the value construction or destruction at the point of producing and consuming wine in the Finger Lakes Region of New York.Keywords. Product, Consumer, Production process, Labor.JEL. C90, D13, N30
Attitudes to Leadership and Voting: Finding the Efficient Frontier
Abstract. Winning elections is essentially a matter of translating the attitudes of voters into votes. While there is a vast literature in political science, in particular in election studies, on the effectiveness of political campaigns in driving voter choice, we know very little, if anything, about the efficiency with which the inputs (voter attitudes) to the political process are converted into outputs (vote support). This article uses Data Envelopment Analysis (DEA) to examine the efficiency with which Australian political leaders and parties have, over the past three decades, converted voter attitudes (approval and disapproval) toward Prime Ministers and Opposition Leaders into votes (both for their own, and for their opponents’ parties). The results of the DEA analysis and associated modelling find marked differences in the political efficiency of recent Australian political leaders. Prime Ministers Hawke and Keating had superior political efficiency in converting attitudes to political leaders into votes, while Prime Ministers Howard and Rudd were relatively less efficient in doing so.Keywords. Election campaigns, Politimetric modelling; Data Envelopment Analysis, Voter behaviour.JEL. C54, D72, G14
A Proposed Conceptual Model for Online Car Purchase Intention
Abstract. Several researchers addressed the problem of internet assistance regarding purchasing intention in the automobile industry, without referring to an online conceptual model. This paper presents a model which specifies online factors involved, such as: credibility of social networks, online car advertisements and information sought after about cars through online websites. The suggested online model enables the automobile industry to better study and clarify the involved factors affecting online car purchasing intention, and reveals new results. The proposed model consists of the element of trust of social networks, and how it impacts online brand image through the influence of online car advertisements and online information sought after about cars, which in turn affects online purchase intention. This proposed online model successfully explains the impact of trusting social networks on creating a positive online brand image, and on online car purchase intentionKeywords. Online conceptual model, Automobile industry, Online purchase Intention.JEL. M37, M31, M39
Credit Allocation Based on Journal Impact Factor and Co-authorship Contribution
Abstract. Some research institutions demand researchers to distribute the incomes they earn from publishing papers to their researchers and/or co-authors. In this study, we deal with the Impact Factor-based ranking journal as a criteria for the correct distribution of these incomes. We also include the Authorship Credit factor for distribution of the incomes among authors, using the geometric progression of Cantor’s theory and the Harmonic Credit Index. Depending on the ranking of the journal, the proposed model develops a proper publication credit allocation among all authors. Moreover, our tool can be deployed in the evaluation of an institution for a funding program, as well as calculating the amounts necessary to incentivize research among personnel.Keywords. Co-author credit; Impact factor; Ranking; Cantor’s succession; Harmonic credit.JEL. A12, C02, C10
Multiple Criteria Decision Model Suggestion for Determination of Technological Innovation of Logistic Firms
Abstract. The purpose of this study is to develop a model for determination of technological innovation level of logistic firms. The suggested model is used on the ranking of logistic firms listed in 2015 Fortune 500 Turkey according to their technological innovation levels. With this purpose, the study is conducted in two phases. In this first phase, a multiple criteria decision model is developed using Delphi Method to be used in determination of technological innovation levels of logistic firms. In the second phase, the suggested model is tested using Analytical Hierarchy Process (AHP), TOPSIS, VIKOR and Bord a method in order. Study findings show that the suggested model is applicable and can be used for determination of technological innovation level of logistic firms. Additionally, according to analysis results; it is concluded that “radical innovation” is the main criterion and “big data” is the most important sub-criterion. C firm is determined as having the highest level of technological innovation level.Keywords. Logistics, Innovation, Technological Innovation, Delphi Method, AHP, TOPSIS, VIKOR, Borda.JEL. O31, O35, Q55
Ownership Structure, independent directors and firm performance
Abstract. The paper examined the moderating role of independent directors in the relationship between ownership structure and firm performance. Using a sample of 37 finance companies listed on the main market of Bursa Malaysia from 2007 to 2011, the result indicates a significant positive moderating effect of independent directors in the relationship between director ownership and ROA but a negative relationship based on Tobin’s Q. The result means that in a company where directors have controlling shares, having independent directors on the board will enhance performance since there will be alignment of interest of board and shareholders. On the other hand, the independent directors influence firm performance negatively in firms with majority ownership by directors since the directors who are the majority shareholders will promote their interest over the interest of the shareholders. The study has provided evidence on the moderating role of independent directors in the relationship between ownership structure and firm performance. This suggests that independent directors influence the strength and direction of the relationship between ownership structure and firm performance.Keywords. Ownership structure, board of directors, independent directors, firm performance, moderating variable.JEL. E62, H54, O40
Debashis Chakraborty & Jaydeep Mukherjee (Eds.), Trade, Investment and Economic Development in Asia: Empirical and Policy Issues
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It Is Not Armed Robbery When Government Takes People's Stuff, It Is Civil Asset Forfeiture
Abstract. Civil asset forfeiture allows the police to profit from crime instead of the criminal by seizing a person’s belongings that were used in illegal activity. The police profit from crime by keeping a percentage of the proceeds they seize. This ends up creating some perverse incentives, such as having more police resources go to seize people’s assets instead of fighting crime. Shifting police efforts away from combating hard crime into fighting so-called “victimless crimes” causes an increase in hard crimes as criminals substitute from soft crimes, such as selling drugs, into hard crimes where the chances of being caught are now lower.Keywords. Theft, Government, Competition.JEL. H0, H10
The Effectiveness of Fiscal Rules - The Case of Switzerland
Abstract. This paper aims to measure the effectiveness of fiscal rules. Fiscal rules are constraints on fiscal policy that limit budgetary outcomes. Some studies in the literature have examined their effectiveness using a stringency index. Arguing this index possesses some arbitrariness, this study measured the effectiveness of fiscal rules using cluster analysis. This cluster analysis resulted in dividing the data into two clusters. Using panel data of 26 Swiss cantons plus the Swiss federation over the period 1990 - 2012, a Least Squares Dummy Variable econometric model was conducted. The findings indicate that fiscal rules have a favorable effect. It was found that the frameworks of cantons in cluster 1 are more effective in decreasing cantonal deficits than those of cluster 2. Furthermore, it was found that cantons in cluster 1 have lower debt levels in comparison to cantons in cluster 2.Keywords. Fiscal rules, Qualitative data analysis, Regional governments, Government spending.JEL. C50, C80, H30, H50, H60, H70