International Journal of Contemporary Economics and Administrative Sciences

Spatial distribution vis-a-vis agglomeration of industry in Oromia Special Zone Surrounding Finfinne, Ethiopia

2023-11-01T06:43:33+00:00

Manufacturing has long been a vital component of emerging countries' economic development. Its relevance has been claimed in recent years to have decreased during the last 20-25 years, resulting in premature deindustrialization or non-industrialization in developing countries. This study explores the nature of spatial distribution and agglomeration of industry in Oromia Special Zone Surrounding Finfinne, Ethiopia. Firm stage facts set and distance-based method were used to answer research question. Besides, two sets of indications for service and industrialized firms were set correspondingly to adjust to the study in the intra-built up vicinity. Perhaps the most salient finding of the study indicates that the spatial pattern of most industries were agglomerated but not connected. Besides, the index of space-based clustering for manufacturing firm is more than 0.05, but approximately 0.03 for service firm.

Digital Banking Adoption: Evidence from the Nigerian Youth Market

2023-03-14T11:40:50+00:00

This study aims to identify the factors influencing the adoption of digital banking in the Nigerian youth market. The research explores the adoption of both mobile and internet banking as part of a single digital banking concept. The research model extends the technology acceptance model (TAM) by further examining the impact of awareness, culture, social norms, perceived trust, perceived security on behavioral intention. The results suggest a strong influence of perceived trust on behavioral intention to adopt digital banking. Perceived ease of use, perceived usefulness, perceived security and perceived risk are key determinants of perceived trust in the Nigerian context. Other factors affecting behavioral intention are awareness and social norms.

Presenteeism in Organizations: A Research on the Impact of Psychological Ownership in Healtcare Professionals

2024-04-16T09:35:48+01:00

The purpose of this research is to examine the behaviors of presenteeism (PT) in employees and to determine whether psychological ownership (PO) has an effect on these behaviors. Accordingly, data has been obtained from 485 healthcare professionals in the public and private sectors by survey method and independent sample T Test and One-Way ANOVA Tests have been carried out with validity, reliability, normality, correlation, multiple regression analyses for this data. As a result of the analyses carried out; a negatively significant relationship has been found between PO and PT and a 1-unit increase in PO has been found to cause a decrease of 0.410 units on PT. However, it has been concluded that the level of PT in single employees is higher than that of married employees, PT is higher in private sector workers than in public sector workers, and in employees under 21, compared to those aged 21-40 and 41-60, and as the duration of work experience and monthly income level increases, PT decreases gradually.

Analysis of the Phillips Curve for Turkiye: A Comparison of the Johansen Cointegration and Artificial Neural Network Models

2024-06-13T12:04:16+01:00

In this study, the validity of the Phillips curve hypothesis is examined using the Johansen cointegration and artificial intelligence methods for the period of 2010-2022 in Türkiye, and the forecasting performance of the Phillips curve of these two models is compared. According to the Johansen cointegration model results a 1% increase in unemployment in the long run leads to a 0.854% decrease in consumer prices. This result supports the Phillips Curve hypothesis for the long run. Beside, the increase in oil prices in the long term was also determined as another factor that increased consumer prices. On the other hand, the error correction model shows that Phillips curve hypothesis is not valid in the short run. The modelling performance of the ANN regression is shown to be better than that of the Johansen modeling. The coefficient of determination values (R²), and other performance metrics namely mean absolute error, root mean square error and the mean absolute percentage error also verify the better forecasting performance of the artificial neural network model. In this context, the findings that can be obtained as a result of artificial intelligence modeling in the management of unemployment are considered to be important.

Determination of Socioeconomic and Demographic Factors Affecting Household Health Care Spending: The Case of Turkey

2023-07-19T08:59:35+01:00

Health care spending is a critical problem for any state that seeks to ensure that its citizens have equal access to essential health services. Are socioeconomic and demographic factors the determinants of health care spending? The motivation for the study is to find an answer to this question. The aim of the study is to evaluate the determinants of health care spending of households, which constitute one of the most essential unions that make up society within a socioeconomic and demographic framework. In this regard, the Tobit model was utilized in the study using official institution data. As a result of the study, it has been determined that socioeconomic and demographic factors have an impact on health care spending. It is expected that the results of the study will be beneficial to policy makers, decision makers and those who make researches about the factors that will ensure equality in health.

Impact of Covid-19 Pandemic on Tourism Research: A Bibliometric Analysis Using Cite Spa

2023-08-14T07:27:15+01:00

This research aims to review the extant literature on Covid-19 using bibliometric analysis in an attempt to gauge the evolving state of tourism research since the beginning of the Covid-19 pandemic.The Thompson Reuters’ Web of Science Core Collection database was chosen to collect the bibliographic data of 3179 publications for the period of 2020- February 2022. CiteSpace software was then employed to analyze and visualize the documents. Co-citation analysis and co-occurrence of keywords were carried out in terms of bibliometric analysis. The findings revealed a significant increase in the diversity of topics and subtopics addressed by researchers regarding Covid-19. This bibliometric review provides a comprehensive and objective review of Covid-19 related publications in the tourism field. It extends previous reviews by visualizing the underlying structure via CiteSpace software and adding current publications. Furthermore, this study may help researchers better evaluate and monitor research trends in tourism during the Covid-19 pandemic.

The Effect of Coffee Chain Customers' Need to Smell on Their Taste Evaluations

2024-07-02T08:10:15+01:00

This paper aims to investigate whether ambient scent in coffee chains affects the taste perceptions of customers who consume the products of those chains. The paper highlights the importance of smell in creating memorable experiences and its role in arousing customers. It also mentions the olfactory system's vital functions in warning and protection, eating behavior, and social communication. The use of ambient scent enhances the memorability of brand-related olfactory information. Regarding taste evaluation, the paper mentions that it involves both objective and subjective processes. Biological preferences and existing information can influence taste perceptions. Positive sensory experiences lead to positive attitudes and increased consumption, while negative experiences can have the opposite effect. The paper also emphasizes the connection between smell and taste, with smell being responsible for a significant portion of what we taste. The ambiance of the coffeehouse and the scent of coffee can influence taste and consumer choices. The sample covers data collected from 578 participants via convenience sampling method. Overall, the paper provides insights into the impact of smell and taste evaluation mediated by customer loyalty in the context of coffeehouse chains. The study is also thought to guide studies on senses other than smell and taste in sensory marketing.

Regional Efficiency Analysis of an International Logistics Company: A Case Study

2024-06-27T15:44:24+01:00

This study, conducted in collaboration with a US-based multinational logistics company, investigates the operational efficiency of cargo transportation firms in managing package collection and distribution. The primary objective is to identify areas for enhancing effectiveness. The research encompasses key variables such as delivered packages, pickups, truck numbers, couriers, delivery and pickup stops, total costs, daily delivery and pickup compensation. The study's focus centers on analyzing the operations of an international logistics firm in Izmir, Turkey, using the Data Envelopment Analysis (DEA) method which helps identify regions effectively managing processes. The frontier analyst program assessed the company's operations across 19 Izmir regions, leading to recommendations based on efficient regions. The research aims to provide a comprehensive roadmap for similar Third-Party Logistics Service Providers (3PLs) seeking to optimize cargo pickup operations. By adopting the study's suggested strategies and best practices, other 3PLs can enhance their package collection management and overall operational efficiency. In conclusion, the study underscores the value of employing the DEA method for evaluating cargo transportation operational efficiency, offering insights for improvement. The specific recommendations derived from efficient regions in Izmir serve as a guideline for logistics service providers looking to optimize package collection and distribution activities.

Key words: Cargo Companies, 3PL, Data Envelopment Analysis (DEA), Efficiency, Logistics, Performance

JEL Code: L91; L87; L10; L25

The Impact of E-Satisfaction on E-Loyalty in Travel Agencies: A Research on Travel Agencies in Turkey

2023-12-12T13:07:20+00:00

In today’s world, the widespread influence of the internet on every aspect of life has had its impact on the tourism sector, just like in many other industries. Travel agencies traditionally operating in the tourism sector have also adapted to technological advancements and shifted their operations to the online environment. Online travel agencies are gaining increasing demand in the tourism sector, and accordingly, they continue their activities in this direction. However, like many businesses, online travel agencies must provide quality service to their customers and ensure their satisfaction with the transactions they make. Consumer satisfaction, both in the traditional and online environments, is crucial for the long-term sustainability of a business. To survive in the industry, businesses must ensure the satisfaction, continuity, and loyalty of their consumers. This study aims to examine how e-satisfaction in online travel agencies affects e-loyalty, as evaluated by customers who have made purchases from online travel agencies in Turkey.

The Effect of Sales and Customer Orientation on Salespeople's Work Performance and the Role of Spiritual Intelligence

2024-02-28T09:31:41+00:00

Spiritual intelligence has been considered an important concept in studies in recent years. Spiritual intelligence, which is one of the mental capacities contributing to the cognitive and emotional competencies of individuals and providing them with values such as self-knowledge and mastery in mental states, also plays an important role in the work performance of salespeople. In this study, which reveals the role of spiritual intelligence in brands' sales and/or customer orientation depending on their understanding and goals, it is seen that spiritual intelligence does not assume a regulatory role but an important mediating role.

Political Representation and Economic Growth

2022-12-20T06:23:46+00:00

This paper constitutes the first study of its kind to conduct an empirical investigation of the relationship between representation as a political institution and economic growth in a panel data analysis. Showcasing two novel indicators of political representation that can significantly account for long-run cross-country differences in various measures of economic development, I employ two-step system GMM estimations to empirically test the growth effect of inclusiveness of political representation processes across 38 European countries in the 1950-2010 period. The results show that economic growth rates across Europe in the given time period has not depended on inclusiveness of said countries’ political institutions of representation, providing further evidence for the vein of institutional economics research that finds no relationship between features of democracy and growth.

Measuring the Return and Volatility Spillovers between Canada, Japan and Emerging Stock Markets

2023-08-16T08:05:05+01:00

The study aims to investigate the impact of the stock market volatility spillover effect from major developed countries to emerging countries from the period 2014 to 2022 by using the GRACH model. For instance, Canada and Japan are the major contributors to G7 countries and whereas, India, Russia, Brazil, China and Turkey are the emerging countries in Asian and African subcontinents. It has been established that the stock market movement of Canada and Japan has substantially affected the stock markets of major emerging countries. However, Japan has major financial ties with all of the emerging countries except Russia. It is an astonishing fact that the insignificant coefficients of Japan and Canada with Russia indicate that the dynamics of Russian countries are a bit different than the rest of the world. The Russian economy is communist and generally perceived as a closed economy and the said does not have any major trade ties with the rest of the world.

Impact of nuclear and renewable energy on CO2 emissions in OECD countries under the STIRPAT model: Evidence from the CS-ARDL model

2024-05-22T13:36:16+01:00

In-depth evaluations of the short- and long-term effects of nuclear and renewable energy on emissions of carbon dioxide in 12 OECD countries are made in this study using the STIRPAT model. Using yearly data for the years 1980 to 2020, the CIPS unit root test, taking into account cross-sectional dependency (CD), Gengenbach et al. (2016) co-integration test, and Cross-Sectional Augmented Autoregressive Distributed Lag (CS-ARDL) technique are used. Additionally, the Dumitrescu-Hurlin (DH) panel causality tests are used for seeking the causal connections between variables. The empirical findings from the CS-ARDL approach demonstrate that CO₂ emissions are negatively impacted both in the short and long terms by nuclear and renewable energy. The CS-ARDL results also show that the long-run elasticity of economic growth is lower than the short-run elasticity, and that growing populations increases CO₂ emissions both in the short and long runs. According to the DH panel's findings on causality, there is only one way that economic development, CO₂emissions, and nuclear energy output are related. These findings suggest that the OECD should concentrate on income-oriented policies, promote green economic growth, and subsidize greater nuclear and renewable energy consumption through.

Does Shareholder Activism Add Value to The Performance of the Firms in India? The Role of Disclosures as Moderators

2024-05-16T08:33:59+01:00

The study's main aim is to determine the role of shareholder activism (SHA) on the performance of the firms. The performance of the firms is viewed as operating performance, valuation, and technical efficiency. The relevant panel data is taken for 78 non-financial firms part BSE-100 index from India for five years (2015-2019). A shareholder activism index is built to measure shareholder activism. The analysis is conducted at the three levels, first, by the linear association, second by non-linear association and third by using transparency and disclosures (TD) as an interaction term on the association of SHA and performance of the firms. It is found that SHA significantly influences the firm's operating performance. The non-linear linkage is significant. A significant positive association of TD as moderating variable on operating performance and efficiency of the firms ensures the supportive role of SHA on the performance of the firms. The study's findings should reduce widespread reluctance and resistance to SHA. The first main implication of the study is that the managers understand the positive role of SHA on the firm's performance. It would be one of the two main implications of the study. The second main implication is for the policymakers. The significant and positive association of SHA for the performance of the firms can be the basis for the long-term policy on SHA. Scarcely available are the studies that have observed on the association of SHA for the efficiency of the firms. This study would be the first such study on the topic. Moreover, the literature does not see the non-linear association of SHA on the firms' operating performance, valuation, and efficiency. This study would be the first such study. Above all, no other study is observed using TD as the moderating variable to study the impact of SHA on the performance of the firms.

A Systematic Literature Review on Sustainable Restaurants: The Case of Turkey

2024-07-09T14:30:37+01:00

The negative environmental impact of restaurants has received a lot of attention from academics in the last decade. After the entry of the Michelin Guide in Turkey, which is a developing country, sustainability as a concept in the restaurant sector started to implement activities related to becoming a sustainable restaurant in the last two years. The current literature review aims to synthesise research that addresses sustainability issues in the Turkish restaurants. The systematic literature review method was used to identify and totally 32 research articles were evaluated. The research profile which identifies the timeline of publications, journals, cities studied, methods used, and stakeholders discussed in these studies. The results showed that the research generally addressed green restaurants rather than sustainable restaurants and was conducted from 2015 onwards. The qualitative content analysis of the identified studies resulted in different subtitles: sustainability indicators, stakeholders and their roles, practices in green restaurants. For each subtitle, research gaps were summarised, and potential future research questions were suggested. Based on the results of the review, a research framework for understanding the ecosystem of the restaurant sector in Turkey was developed.

What is the Role of Sustainability in the Relationship between Green Transformational Leadership and Firm Performance?

2024-07-02T08:21:23+01:00

The aim of the research is to understand the relationship between green transformational leadership and firm performance, evaluating the role of sustainability strategies in this connection. Increasing global environmental issues and social inequalities necessitate companies to prioritize sustainability principles not only for financial concerns but also because of green transformation. In this context, focusing on the role of sustainability strategies is the main objective of the research. Quantitative research methods, specifically the cross-sectional survey method, were employed for data collection and analysis. A sample of 391 white-collar employees working in companies operating in Turkey was determined using the convenience sampling method. The data collected through surveys were analyzed using the AMOS 24 statistical program. The findings indicate that green transformational leadership is influential on firm performance, environmental sustainability, and economic sustainability. Additionally, economic sustainability was found to play a mediating role in the relationship between green transformational leadership and firm performance. It is expected that the obtained findings will provide a significant foundation for business leaders, guiding them in the development of sustainability-based strategies.

Busy Boards and Firm Performance: Evidence from Turkey

2024-04-24T10:45:36+01:00

The main goal of this research is to examine the correlation between busy boards and firm performance. In this regard, panel data analysis was used to examine the data of 212 non-financial firms that were traded on Borsa Istanbul between 2018 and 2021. Two distinct indicators are used to measure firm performance, the dependent variable of the study: Tobin's Q, which is based on the market, and return on assets (ROA), which is based on accounting. The main independent variable was busy boards, which was indicated by busy boards (BusyComm) and average board membership (AvrgDirectorship). The analysis's findings indicate that, although busy boards and market-based performance (Tobin's Q) are not significantly related, busy boards do positively and significantly affect accounting-based performance (ROA). The conclusions supported the reputation hypothesis that busy managers create value for the firm.

Applications of Circular Economy and Wine Tourism in Viniculture: A Case Study

2024-06-13T12:18:26+01:00

Sustainability of wine production is a major factor for its competitiveness and marketability. Traditional viniculture is more sustainable and provides solutions to modern issues. One such deduction is circular economy, encouraging resource efficiency, waste extraction, reducing costs, minimising waste and pollution. Wine tourism may also contribute in synergy, by reducing distribution costs, offering a direct sales channel, and effectively communicating the story and meaning of wine, the winemaker and the region. This paper explores the applications of these two in viniculture. A case study has been conducted on a small-scale winemaker in Urla, Izmir, comprising of interviews and participant observation. The findings exhibit real-life, synergistic examples. Applications of circular economy in small-scale viniculture are shown to increase resource efficiency, close production loops, limit waste & pollution and add value to the product. Wine tourism, while reducing costs and increasing sales, was reported to be an efficient direct communications channel with the visitor, granting a personality to wine. Due to its absolute advantages of enriching the product and the consumer and service provision, wine tourism closes the ultimate production loop. Synergistically, these tools may improve the profitability, marketability and the sustainability of viniculture.

Impacts and Implications of Asymmetric Climate Policies on Trade and Environment: Evidence From EU

2024-03-21T12:08:41+00:00

This paper critically addresses the need for a unified global climate policy, as opposed to region-specific emission trading systems, with a primary aim to contribute valuable insights to the ongoing discourse. Focused on the aluminum, cement, and iron and steel industries outlined in the EU's Carbon Border Adjustment Mechanism (CBAM) proposal, our comprehensive analysis using gravity model for trade, centers on testing the validity of the Pollution Haven Hypothesis and Porter Hypothesis. Drawing on data from 10 major EU economies and 19 OECD partners across continents, our study demonstrates that carbon leakage predominantly occurs through trade channels, wherein countries import carbon-intensive products from less regulated nations. Our findings substantiate the Pollution Haven Hypothesis, revealing unintended pollution havens resulting from stringent environmental regulations, leading to carbon leakage through trade or production relocation. In contrast, supporting the Porter Hypothesis, our research underscores how stringent environmental policies can drive innovation within polluting countries, obviating the need for relocation or product imports. By substantiating both hypotheses, our paper advocates for a globally uniform climate policy and emphasizes the potential drawbacks of asymmetrical approaches. The central aim is to contribute to the understanding of how such policies may inadvertently contribute to trade-induced leakage, undermining the positive impact of local systems on a global scale. In light of ambitious climate targets, our study underscores the urgency for synchronized global efforts, reinforcing the call for consistent policies to effectively address the challenges of climate change.

Modeling The Integration Process of Lean Production Techniques Into Mass Catering Production

2024-05-02T08:48:15+01:00

In this study, the integration process of lean production techniques into mass catering production has been investigated, and this integration process has been modeled based on the current conditions of a catering firm using traditional production methods. The main steps of the study consist of literature review, data collection, model formation, and comparative analysis. The model was developed based on data collected from a catering company that has been able to integrate some lean production techniques into its production process and obtained from literature review. In the model, approximately 64 m²of idle space was identified in the operation, workflow arrangements negatively affecting labor productivitiy were made, and recommendations were provided to reduce high inventory levels. In the comparative analysis stage, the production costs of two businesses were compared by ratioing production volume and labor capacity.

Türkiye’s Inclusive Growth Performance

2024-04-24T10:43:41+01:00

This study examines the inclusiveness of economic growth in Türkiye during the post-2000 period through an analysis of the indicators used in constructing the Inclusive Growth Index (IGI) developed by United Nations Conference on Trade and Development (UNCTAD). To ascertain the extent to which economic growth is inclusive, the performance of Türkiye for each UNCTAD IGI indicator is evaluated by comparing it with the averages of Upper Middle-Income Countries (UMICs) and Organisation for economic Co-operation and Development (OECD) countries. The analysis results indicate that in terms of achieving inclusive growth, Türkiye's performance in indicators related to living conditions is positive, while its performance in indicators related to economy, equality, and environment is inadequate. Particularly, Türkiye's performance in equality-related indicators lags far behind the UMIC and OECD averages, suggesting a continuous and rapid need for improvement in this area. The existence of comprehensive reports and action plans prepared by public institutions in Türkiye covering almost all dimensions of inclusive growth demonstrates that policymakers are not lacking in analyzing the current situation and identifying necessary actions. However, there is a lack of intention in adopting a roadmap for achieving the objectives and goals outlined in these documents and implementing them with determination. In this context, in order to achieve inclusive growth, it is crucial to internalize the issue in terms of not only action plans but also implementation.

The Transformation of Social Contract Theory: From Classical Natural Law Theory to the Individual of Liberalism

2024-04-24T10:47:43+01:00

This article aims to analyze how classical Natural Law Theory in the 17 th century underwent a philosophical and epistemological transformation to become the foundational theory of the modern state in 17th century Europe. One of the primary focuses of this analysis is on exploring the historical societal processes and phenomena resulting from the principles of the Theory of Natural Law, particularly the theories of social contract. Another pivotal aspect of this scrutiny involves analyzing the relationship between individual-reason-nature, grounded in Liberalism's Theory of Natural Law, by comparing perspectives on Natural society and symbolic society. In a sense, this article aims to bridge distant and recent history, creating a short circuit to analyze the changes and transformations within the Theory of Natural Law.

Do Investors Reward the Quality of Integrated Reporting

2024-06-23T03:40:38+01:00

The need for a holistic view in the new era of information processing by investors has brought along the integrated reporting practice. With this type of reporting, firms do not only report financial information to investors; they also communicate the value creation process by relating financial information to non-financial ESG information. International Integrated Reporting Framework provides firms to publish high quality integrated reports. This study aims to examine if the quality of IR disclosure matters for investment decisions of investors and whether this result is affected by firm characteristics, such as size, age or financing preferences. The sample includes 1210 firm-year observations that are obtained by analyzing the integrated reports of 242 firms that are included in integrated reporting index presented in IFRS foundation website, for the period between 2019 and 2023. The findings of fixed effects panel data analysis reveal a significant positive effect of IR quality on returns, especially for bigger firms with less reliance on external financing. On the other hand, firm age and willingness to disclose IR are not priced by investors. The findings of this paper could help the managers shaping the reporting preferences, as well as financing decisions, by considering their effects on firm value. However, managers should also consider the incremental effects of their local investment environment, as this study does not divide the sample for countries or regions.

Analyzing Gastronomy Influencers' Views about Gastronomy Tourism

2024-05-07T15:08:02+01:00

In recent years, there has been a growing interest towards gastronomic tourism worldwide. The unique gastronomic offerings of a destination are getting a pivotal attraction for travelers. This qualitative research aims to provide an assessment of how the gastronomy tourism was affected by Covid-19 and explore future trends and potential strategies for the growth of gastronomy tourism after pandemic from the perspective of gastronomy social media influencers in Turkey through in-depth interviews. The qualitative data was analyzed through thematic analysis with systematically condensing extensive text data into organized summaries of key findings. The findings demonstrate an understanding to determine what needs to stay the same and what needs to change after Covid-19 in order to promote the revival of gastronomy tourism. Findings highlights safety and socio-psychological needs of tourists, the role of social media, critics in adaptation to technology, new trends and economic conditions, emphasizing the growing demand for local and authentic experiences. The original aspect of this research is that it presents a holistic perspective by investigating influencers’ views on all the parts and stakeholders of gastronomy tourism and its future, considering the impact of the Covid-19 pandemic.