Abstract: This study utilizes a frequency domain approach over
the period of 1996 to 2013 to examine the causal relationship between
governance and economic growth in ten Asian countries, which have
different levels of democracy; classified as “Free”, “Partly Free”, and
“Not Free” countries. The empirical results show that there is no
Granger causality running from governance to economic growth in
“Not Free” countries and “Partly Free” countries with the exception of
Singapore. As for “Free” countries such as South Korea and Taiwan,
there is a one-way causality running from governance to economic
growth. The findings of this study indicate that policy makers in South
Korea, Taiwan, and Singapore could use governance index to improve
their predictions of the future economic growth.
Abstract: The aim of the present study is to detect the chaotic
behavior in monetary economic relevant dynamical system. The
study employs three different forms of Taylor rules: current, forward,
and backward looking. The result suggests the existence of the
chaotic behavior in all three systems. In addition, the results strongly
represent that using expectations in policy rule especially rational
expectation hypothesis can increase complexity of the system and
leads to more chaotic behavior.
Abstract: We apply the non-parametric, unconditional,
hyperbolic order-α quantile estimator to appraise the relative
efficiency of Microfinance Institutions in Africa in terms of outreach.
Our purpose is to verify if these institutions, which must constantly
try to strike a compromise between their social role and financial
sustainability are operationally efficient.
Using data on African MFIs extracted from the Microfinance
Information eXchange (MIX) database and covering the 2004 to
2006 periods, we find that more efficient MFIs are also the most
profitable. This result is in line with the view that social performance
is not in contradiction with the pursuit of excellent financial
performance. Our results also show that large MFIs in terms of asset
and those charging the highest fees are not necessarily the most
efficient.
Abstract: The efficient and economic allocation of resources is
one main goal in the field of production planning and control.
Nowadays, a new variable gains in importance throughout the
planning process: Energy. Energy-efficiency has already been widely
discussed in literature, but with a strong focus on reducing the overall
amount of energy used in production. This paper provides a brief
systematic approach, how energy-supply-orientation can be used for
an energy-cost-efficient production planning and thus combining the
idea of energy-efficiency and energy-flexibility.
Abstract: Lead time is a critical measure of a supply chain's
performance. It impacts both the customer satisfactions as well as the
total cost of inventory. This paper presents the result of a study on the
analysis of the customer order lead-time for a multinational company.
In the study, the lead time was divided into three stages respectively:
order entry, order fulfillment, and order delivery. A sample of size 2,425 order lines was extracted from the
company's records to use for this study. The sample data entails
information regarding customer orders from the time of order entry
until order delivery. Data regarding the lead time of each stage for
different orders were also provided. Summary statistics on lead time
data reveals that about 30% of the orders were delivered later than the
scheduled due date. The result of the multiple linear regression
analysis technique revealed that component type, logistics parameter,
order size and the customer type have significant impacts on lead
time. Data analysis on the stages of lead time indicates that stage 2
consumed over 50% of the lead time. Pareto analysis was made to
study the reasons for the customer order delay in each stage.
Recommendation was given to resolve the problem.
Abstract: This paper presents a state-of-the-art survey of the
operations research models developed for internal audit planning.
Two alternative approaches have been followed in the literature for
audit planning: (1) identifying the optimal audit frequency; and (2)
determining the optimal audit resource allocation. The first approach
identifies the elapsed time between two successive audits, which can
be presented as the optimal number of audits in a given planning
horizon, or the optimal number of transactions after which an audit
should be performed. It also includes the optimal audit schedule. The
second approach determines the optimal allocation of audit frequency
among all auditable units in the firm. In our review, we discuss both
the deterministic and probabilistic models developed for audit
planning. In addition, game theory models are reviewed to find the
optimal auditing strategy based on the interactions between the
auditors and the clients.
Abstract: Accurate forecasting of fresh produce demand is one
the challenges faced by Small Medium Enterprise (SME)
wholesalers. This paper is an attempt to understand the cause for the
high level of variability such as weather, holidays etc., in demand of
SME wholesalers. Therefore, understanding the significance of
unidentified factors may improve the forecasting accuracy. This
paper presents the current literature on the factors used to predict
demand and the existing forecasting techniques of short shelf life
products. It then investigates a variety of internal and external
possible factors, some of which is not used by other researchers in the
demand prediction process. The results presented in this paper are
further analysed using a number of techniques to minimize noise in
the data. For the analysis past sales data (January 2009 to May 2014)
from a UK based SME wholesaler is used and the results presented
are limited to product ‘Milk’ focused on café’s in derby. The
correlation analysis is done to check the dependencies of variability
factor on the actual demand. Further PCA analysis is done to
understand the significance of factors identified using correlation.
The PCA results suggest that the cloud cover, weather summary and
temperature are the most significant factors that can be used in
forecasting the demand. The correlation of the above three factors
increased relative to monthly and becomes more stable compared to
the weekly and daily demand.
Abstract: This paper directs attention to the limitations of the
teacher-centered strategy in teaching. The aim of this study is to draw
more educational attention to learner-centered strategy in order to
shift the emphasis from the traditional concept of teaching to a new
concept in teaching. To begin bridging the traditional concept of
teaching and the new concept, the study will explore the new concept
of teaching to support teaching in Arab World generally and in Iraq
specifically. A qualitative case study orientation was used to collect
data in the form of classroom observations, interviews and field
notes. The teaching practices used by three university instructors are
investigated and according to the findings, some explanations and
recommendations are made.
Abstract: Research Objectives: The roles and activities of
Human Resource Management (HRM) have changed a lot in the past
years. Driven by a changing environment and therefore new business
requirements, the scope of human resource (HR) activities has
widened. The extent to which these activities should focus on
strategic issues to support the long term success of a company has
been discussed in science for many years. As many economies of
Central and Eastern Europe (CEE) experienced a phase of transition
after the socialist era and are now recovering from the 2008 global
crisis it is needed to examine the current state of HR positioning.
Furthermore a trend in HR work developing from rather
administrative units to being strategic partners of management can be
noticed. This leads to the question of better understanding the
underlying competencies which are necessary to support
organisations. This topic was addressed by the international study
“HR Competencies in international comparison”. The quantitative
survey was conducted by the Institute for Human Resources &
Organisation of FHWien University of Applied Science of WKW (A)
in cooperation with partner universities in the countries Bosnia-
Herzegovina, Croatia, Serbia and Slovenia. Methodology: Using the
questionnaire developed by Dave Ulrich we tested whether the HR
Competency model can be used for Austria, Bosnia and Herzegovina,
Croatia, Serbia and Slovenia. After performing confirmatory and
exploratory factor analysis for the whole data set containing all five
countries we could clearly distinguish between four competencies. In
a further step our analysis focused on median and average
comparisons between the HR competency dimensions. Conclusion:
Our literature review, in alignment with other studies, shows a
relatively rapid pace of development of HR Roles and HR
Competencies in BCSS in the past decades. Comparing data from
BCSS and Austria we still can notice that regards strategic orientation
there is a lack in BCSS countries, thus competencies are not as
developed as in Austria. This leads us to the tentative conclusion that
HR has undergone a rapid change but is still in a State of Transition
from being a rather administrative unit to performing the role of a
strategic partner.
Abstract: In this paper, we explore the macroeconomic effects
of the European Single Market on Austria by simulating the
McKibbin-Sachs Global Model. Global interdependences and the
impact of long-run effects on short-run adjustments are taken into
account. We study the sensitivity of the results with respect to
different assumptions concerning monetary and fiscal policies for the
countries and regions of the world economy. The consequences of
different assumptions about budgetary policies in Austria are also
investigated. The simulation results are contrasted with ex-post
evaluations of the actual impact of Austria’s membership in the
Single Market. As a result, it can be concluded that the Austrian
participation in the European Single Market entails considerable
long-run gains for the Austrian economy with nearly no adverse sideeffects
on any macroeconomic target variable.
Abstract: In this study, the signal of brain electrical activities of
the sixteen students selected from the Department of Electrical and
Energy at Usak University have been recorded during a lecturer
performed happiness emotions for the first group and anger emotions
for the second group in different time while the groups were in the
classroom separately. The attention and meditation data extracted
from the recorded signals have been analyzed and evaluated toward
the teacher’s specific emotion states simultaneously. Attention levels
of students who are under influence of happiness emotions of the
lecturer have a positive trend and attention levels of students who are
under influence of anger emotions of the lecturer have a negative
trend. The meditation or mental relaxation levels of students who are
under influence of happiness emotions of the lecturer are 34.3%
higher comparing with the mental relaxation levels of students who
are under influence of anger emotions of the lecturer.
Abstract: This study examined whether big five personality traits
affect game addiction with control of psychological, social, and
demographic factors. Specifically, using data from a survey of 789
game users in Korea, we conducted a regression analysis to see the
associations of psychological (loneliness/depression), social (activities
with family/friends), self-efficacy (game/general), gaming (daily
gaming time/perception), demographic (age/gender), and personality
traits (extraversion, neuroticism conscientiousness, agreeableness, &
openness) with the degree of game addiction. Results showed that
neuroticism increase game addiction with no effect of extraversion on
the addiction. General self-efficacy negatively affected game
addiction, whereas game self-efficacy increased the degree of game
addiction. Loneliness enhanced game addiction while depression
showed a negative effect on the addiction. Results and implications are
discussed.
Abstract: The environmental, cultural, social, and technological
changes have led higher education institutes to question their
traditional roles. Many declarations and frameworks highlight the
importance of fulfilling social responsibility of higher education
institutes. The study aims at developing a framework of university
social responsibility and sustainability (USR&S) with focus on South
Valley University (SVU) as a case study of Egyptian Universities.
The study used meetings with 12 vice deans of community services
and environmental affairs on social responsibility and environmental
issues. The proposed framework integrates social responsibility with
strategic management through the establishment and maintenance of
the vision, mission, values, goals and management systems;
elaboration of policies; provision of actions; evaluation of services
and development of social collaboration with stakeholders to meet
current and future needs of the community and environment. The
framework links between different stakeholders internally and
externally using communication and reporting tools. The results show
that SVU integrates social responsibility and sustainability in its
strategic plans. It has policies and actions however fragmented and
lack of appropriate structure and budgeting. The proposed framework
could be valuable for researchers and decision makers of the
Egyptian Universities. The study proposed recommendations and
highlighted building on the results and conducting future research.
Abstract: This paper investigates the connotation, and some of
the realistic implications, of the economic reform of health sector in
under developed countries. The paper investigates the issues that
economic reforms have to address, and the policy targets they are
considered to accomplish. The work argues that the development of
economic reform is not connected only with understanding the
priorities and refining them, furthermore with reformation and
restructuring the organizations through which health policies are
employed. Considering various organizational values, that are likely
to be regular to all economic reform programs, a regulatory approach
to institutional reform is unsuitable. The paper further investigates the
selection of economic reform that may as well influence via technical
suggestions and analysis, but the verdict to continue, and the
consequent success of execution, eventually depends on the
progressive political sustainability. The paper concludes by giving
examples of institutional reforms from various underdeveloped
countries and includes recommendation of the responsibility and
control of donor organizations.
Abstract: The study is in application and analysis of two tourism
management tools that can contribute to making public managers
decision: the Barometer of Tourism Sustainability (BTS) and the
Ecological Footprint (EF). The results have shown that BTS allows
you to have an integrated view of the tourism system, awakening to
the need for planning of appropriate actions so that it can achieve the
positive scale proposed (potentially sustainable). Already the
methodology of ecological tourism footprint is an important tool to
measure potential impacts generated by tourism to tourist reality.
Abstract: In light of the technological development and its
introduction into the field of education, an online course was
designed in parallel to the 'conventional' course for teaching the
''Qualitative Research Methods''. This course aimed to characterize
learning-teaching processes in a 'Qualitative Research Methods'
course studied in two different frameworks. Moreover, its objective
was to explore the difference between the culture of a physical
learning environment and that of online learning. The research
monitored four learner groups, a total of 72 students, for two years,
two groups from the two course frameworks each year. The courses
were obligatory for M.Ed. students at an academic college of
education and were given by one female-lecturer. The research was
conducted in the qualitative method as a case study in order to attain
insights about occurrences in the actual contexts and sites in which
they transpire. The research tools were open-ended questionnaire and
reflections in the form of vignettes (meaningful short pictures) to all
students as well as an interview with the lecturer. The tools facilitated
not only triangulation but also collecting data consisting of voices
and pictures of teaching and learning. The most prominent findings
are: differences between the two courses in the change features of the
learning environment culture for the acquisition of contents and
qualitative research tools. They were manifested by teaching
methods, illustration aids, lecturer's profile and students' profile.
Abstract: The growth of organic farming practices in the last
few decades is continuing to stimulate the international debate about
this alternative food market. As a part of a PhD project research
about embeddedness in Alternative Food Networks (AFNs), this
paper focuses on the promotional aspects of organic farms websites
from the Madrid region. As a theoretical tool, some knowledge
categories drawn on the geographic studies literature are used to
classify the many ideas expressed in the web pages. By analysing
texts and pictures of 30 websites, the study aims to question how and
to what extent actors from organic world communicate to the
potential customers their personal beliefs about farming practices,
products qualities, and ecological and social benefits. Moreover, the
paper raises the question of whether organic farming laws and
regulations lack of completeness about the social and cultural aspects
of food.
Abstract: Neural activity in the human brain starts from the
early stages of prenatal development. This activity or signals
generated by the brain are electrical in nature and represent not only
the brain function but also the status of the whole body. At the
present moment, three methods can record functional and
physiological changes within the brain with high temporal resolution
of neuronal interactions at the network level: the
electroencephalogram (EEG), the magnet oencephalogram (MEG),
and functional magnetic resonance imaging (fMRI); each of these has
advantages and shortcomings. EEG recording with a large number of
electrodes is now feasible in clinical practice. Multichannel EEG
recorded from the scalp surface provides very valuable but indirect
information about the source distribution. However, deep electrode
measurements yield more reliable information about the source
locations intracranial recordings and scalp EEG are used with the
source imaging techniques to determine the locations and strengths of
the epileptic activity. As a source localization method, Low
Resolution Electro-Magnetic Tomography (LORETA) is solved for
the realistic geometry based on both forward methods, the Boundary
Element Method (BEM) and the Finite Difference Method (FDM). In
this paper, we review the findings EEG- LORETA about epilepsy.
Abstract: This paper concludes that, for economic development,
and to ensure survival, Kenya and similar countries must industrialize
their economy and mechanize their agriculture using modern large
scale methods.
Abstract: This study conducts simulation analyses to find the
optimal debt ceiling of Taiwan, while factoring in welfare
maximization under a dynamic stochastic general equilibrium
framework. The simulation is based on Taiwan's 2001 to 2011
economic data and shows that welfare is maximized at a debt/GDP
ratio of 0.2, increases in the debt/GDP ratio leads to increases in both
tax and interest rates and decreases in the consumption ratio and
working hours. The study results indicate that the optimal debt ceiling
of Taiwan is 20% of GDP, where if the debt/GDP ratio is greater than
40%, the welfare will be negative and result in welfare loss.