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16 Years of the Euro Area – Increase of GDP and Payment Balance

Author(s): Jan Ostoj / Language(s): English / Issue: 3/2016

The paper makes an attempt at description of the impact of monetary integration on the most important macroeconomic indicators of the Euro area against the background of those countries which retained their national currency. As the main indicator describing changeability of economic growth in the EU countries the author assumed the average annual real GDP growth calculated in relation to the base value of GDP in 2003. The profile of payment balance (BPM5) of selected countries focuses on relations resulting from financing of trade turnover account balance by balance of the financial account and, particularly on direct and portfolio investments. The analysis was conducted in the context of basic relationships from the theory of the optimum payment area.

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1893 Şikago Dünya Fuari’nda Osmanli Hipodromu Ve Şirket-İ Hamidiye

Author(s): Ahmet Samil Gürler / Language(s): Turkish / Issue: 65/2011

The topic of Ottoman hippodrome which was a part of Ottoman exposition in the 1893 Chicago World’s Fair is tried to be researched in this article. The Company which organised the Ottoman hippodrome was established by Maronite entrepreneurs from Syria and was supported officially by Sultan Abdulhamid II and Ottoman government. Although the shows, performed by Arabian horses in the Ottoman hippodrome attracted a great attention, the company went bankrupt because of organisation faults and financial problems.

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A Dairy Cooperative in the Making: History, Ethnicity and Local Culture in an Economic Enterprise

Author(s): Árpád Töhötöm Szabó / Language(s): English / Issue: 3/2015

The paper presents the case study of a newly launched – or re-launched – dairy cooperative in Szeklerland, and investigates how different layers of local traditions, new views of rurality and new roles of peasantry, as well as ethnic struggles interplayed in its formation and functioning. While the cooperative can primarily be perceived as a local economic institution, its analysis offers the possibility to shed a new light on the connections between different levels in agri-businesses and on the different, seemingly non-economic factors acting from the background. The cooperative was launched in 2012 within a favorable framework of other local, ethnic initiatives, but it is seen as the successor of a successful cooperative that was nationalized in 1948. Two strong historical experiences shaped its launching: the successes of cooperatives before WWII and the failures and negative impacts of cooperatives during socialism. The investigation can unfold the ways how these discursive strategies, the emergence of new rural elite, the restructuring of agriculture, the idea of autonomy and a sort of ethnic economy gave impetus or impeded the functioning of the cooperative and its shift from subsistence to market.

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A microeconomic perspective on net working capital

Author(s): Lumini?a Gabriela Istrate / Language(s): Romanian / Issue: 36/2016

The financial resources consist of components which are characterized by common features, but also have traits regarding their formation and use, generating social and economic effects which differ considerably from one of their parts to the other. The financing made by banks of some activities in industry, construction, agriculture, services and trade enables the companies to increase the quality and volume of their products and of the services offered. Also, there is a better orientation of these companies towards the requirements of the internal and foreign markets with beneficial effects on reducing the macroeconomic imbalances inherent in an economy in full process of catching-up with the standards of the developed countries.

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A munkaerő napi mozgása (ingázása) és közlekedése Budapesten és a fővárosi agglomerációban, a népszámlálási adatok alapján

Author(s): Miklós Lakatos,Gabriella Kapitány / Language(s): Hungarian / Issue: 06/2015

The study gives information on the daily commuting within the districts of Budapest according to demographic and occupational characteristics of persons in employment. It contains also a comprehensive picture on thecommuting between the capital, the agglomeration and the districts of the capital respectively. The main indicatorsof commuting within districts, groups of districts, agglomerations and agglomeration sections are presentedwith the aid of illustrative maps.

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A Software Tool of Technical and Financial-Economic Analysis for Acquistion of Broadband Radio PPDR Networks

Author(s): Henryk Gierszal,Karina Pawlina,Piotr Tyczka,Krzysztof Romanowski,Maria Urbanska / Language(s): English / Issue: 1/2016

In this paper, we present a software tool that allows preparing econometric analyses aiming at selection of optimal business models for acquisition of broadband mobile networks by PPDR organizations. Such agencies often and often need broadband services to improve operational activities in order to increase the safety, security, and their effectiveness in day-to-day and crisis situations. Upgrade or migration to broadband networks needs careful decisions so as to find a justified trade-off between CAPEX and OPEX. The network evolution can be based on different business models but any approach cannot degrade the reliability, security, and resilience required by PSC.

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A Study of Cell Phone Market in the Primorye Trritory (Russia)

Author(s): Natalya Stepanovna MARTYSHENKO,Elena Borisovna KMET,Angelina Georgievna KIM / Language(s): English / Issue: 8(22)/2016

The cell phone market with its huge scale is quite seesaw in nature. The article presents the research findings on consumer preferences in the local cell phone market of the Primorye Territory. Assessment of preferences was carried out according to a survey conducted by the author in October 2015. The preference analysis was conducted in the context of the two consumer segments -‘students’ and ‘other consumers’. The article presents the assessment of the consumers’ preferences on cell phone brands, evaluation of market structure in terms of cell phones prices as well as other assessments. Conducted research confirmed the hypothesis that the young consumers of mobile devices are most sensitive to emergence of new brand phones with enhanced capabilities.

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A Survey of the Empirical Evidence on PWYW Pricing

Author(s): Henrik Egbert,Matthias Greiff / Language(s): English / Issue: 2/2016

A Survey of the Empirical Evidence on PWYW Pricing Abstract: We review a large number of empirical studies on Pay-What-You-Want (PWYW) pricing. We distinguish between laboratory experiments, field experiments, survey experiments and case studies. Based on this survey we identify the following two gaps in the recently flourishing literature on PWYW pricing: (1) studies on PWYW pricing for goods with high cost, and (2) studies on the long-term effects of PWYW pricing.

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ACCOMPLISHMENT OF THE ECONOMICS OF SUSTAINABLE DEVELOPMENT AS AN OPPORTUNITY TO BUILD A COMPETITIVE ADVANTAGE

Author(s): Sabina Zaremba-Warnke / Language(s): English / Issue: 1/2015

Currently creating economics of sustainable development is an alternative concept in relation to neoclassical economics. The aim of economics of sustainable development is sustainable management, which means to guarantee high economic, ecological and socio-cultural standards for present and future generations within the limits of environment’s natural resistance. The accomplishment of sustainable development concept requires the activeness of all socio-economic subjects, particulary the ones which should play a key role - enterprises. Although, more companies pay attention to social results of their activities, so the ones which really act in accordance with the principles of sustainable development, still constitute a minority on the market. The assumption of economics of sustainable development, in practice - enterprise management come to so called three strategic paths i.e. effectiveness, cohesion and sufficiency. It also leads to fulfill sustainability criteria, which can be divided into three main groups i.e. ecological, economic and socio-cultural ones. Accomplishment of sustainable development assumptions constitutes an opportunity to build a durable competitive advantage in enterprises. The purpose of this article is to characterize the assumptions of economics of sustainable development in relation to enterprise management and to point out a possibility to build a competitive advantage by enterprises acting in accordance with sustainable development principles.

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Accounting Treatments Related to the Economic Operations Generated by the Quality Cost Management

Author(s): Valeriu Brabete,Cristian Dragan,Oana Staiculescu,Adriana Iota / Language(s): English / Issue: 22/2014

The quality cost and the efficient management of the problems generated by it shall represent a constant concern for each economic entity. The correct settlement of all the problems generated by the quality cost concept within the activity of economic entities shall contribute in a decisive way to the increase of economic-financial performances. Through the correct settlement and the efficient management of the problematics related to the quality cost one can understand, among others, the supply of some correct accounting solutions, both from the point of view of the applicable accounting regulations and under the aspect of fiscal involvements that these can have. Within this study, we intend to present the accounting solutions for a part of the economic operations that the quality cost management can bring into discussion in the activity of economic entities, following that the initial research be now developed, subsequently, within a major project.

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ACTIO INSTITORIA ORAZ ACTIO EXERCITORIA JAKO „POWÓDZTWA O CHARAKTERZE DODATKOWYM” – ZAGADNIENIA WYBRANE

Author(s): Bartosz Zalewski / Language(s): Polish / Issue: 25/2014

The objective of this article is to present the basic problems related to the actio institoria and actio exercitoria. Those actions belonged to the category of so-called actiones adiecticiae qualitatis, actions of praetorian origin, which are considered to be a foundation of entrepreneurship in ancient Rome. They were contractual legal remedies available to a third party against master or pater familias of his contractor. The actions institoria and exercitoria had a particular significance for Roman business: the actio exercitoria applied where a shipowner (exercitor) had put his slave, son, or even a free third person in command of a ship, and the agent made a contract incidental to the afairs thereof; the actio institoria lay where a man has instituted a slave, son or a free third person his agent entrusted to management of the shop or of some piece of business, and the agent made a contract related to it. he article consists of preliminary observations, description of issues connected with actiones adiecticiae qualitatis in general, and presentation of the basic issues related to actio exercitoria and actio institoria.

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Adaptacja społeczno-zawodowa nowo przyjętych pracowników

Author(s): Anna Oleszak / Language(s): Polish / Issue: 2/2015

Newly recruited workers are particularly vulnerable to hazards at the workplace. There is a significant relation between the occurrence of accidents at work and the age and seniority of the employee. We should take appropriate measures in education, training and daily practice.

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ADMINISTRACJA PUBLICZNA NA RZECZ ROZWOJU GOSPODARKI REGIONU – WYBRANE PROBLEMY KSZTAŁTOWANIA WSPÓŁPRACY Z MSP W REGIONIE ŁÓDZKIM

Author(s): Mirella Baranska-Fischer / Language(s): Polish / Issue: 40/2015

The development of each territorial unit is connected with the influence of many factors, among which on the one hand, a vital role plays the effect of public authorities in creation of a proinnovation environment for the market players which are localized within it and on the other hand - for all those who are potentially interested in the allocation of their resources in these particular area. The method and nature of the impact of both governmental and local administrative bodies for the development of the SME sector constitutes a major challenge for local authorities whose support (at various levels of its functioning) is expected by the entrepreneurs. The paper discusses selected issues related to the cooperation of small and medium-sized enterprises within the region of Lodz with public authorities in order to strengthen and/or re-build the potential of the economy within the represented spatial unit.

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Administration of Zakat on Wealth in Maldives

Author(s): Aishath Muneeza / Language(s): English / Issue: 1/2017

For Muslims zakat is obligatory and different jurisdictions in the world have different mechanisms to administer it. Maldives is a hundred percent Muslim country and zakat administration in the country is unique. As such the objective of the paper is to discuss the zakat administration in Maldives with special reference to zakat al mal and to discuss the challenges facing the existing way of zakat administration. The paper also includes ways to overcome the challenges. No literature on this area in Maldives could be found and as such reference to primary materials such as unpublished statistics, reports, brochures have been made. It is hoped that this paper will encourage further research on this area in Maldives.

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Aggregation with a double non-convex labor supply decision: indivisible private- and public-sector hours

Author(s): Aleksandar Vasilev / Language(s): English / Issue: 47/2016

This paper explores the problem of non-convex labor supply decisions in an economy with both private and public sector jobs. To this end, Hansen (1985) and Rogerson’s (1988) indivisible-hours framework is extended to an environment featuring a double discrete labor choice. The novelty of the study is that the micro-founded representation obtained from explicit aggregation over homogeneous individuals features different disutility of labor across the two sectors, which is in line with the observed difference in average wage rates (OECD 2011). Therefore, this theory-based utility function could be utilized to study labor supply responses over the business cycle.

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Akademickie Inkubatory Przedsiębiorczości – szansa dla młodych przedsiębiorców

Author(s): Joanna Pikula-Malachowska / Language(s): Polish / Issue: 45/2016

The article contains some considerations related to the risk of running a business, especially in its initial. The risk is presented in the context of Academic Enterprise Incubators (AIP)’ activity. From the beginning the aim of AIP has been to offer a place in Poland where a startup is possible to organize in a simple, fast and the least risky way. AIP have been helping young entrepreneurs at the beginning of their business for 12 years. The article is mostly focused on the AIP’ activity in the southwestern part of Poland.

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Aktywność inwestycyjna małych i średnich przedsiębiorstw w województwie lubuskim

Author(s): Janina Jedrzejczak-Gas / Language(s): Polish / Issue: 1/2014

The aim of this article is to assess the investment activity of small and medium-sized enterprises (SMEs) in the Lubusz Voivodeship. It is in the first part of the paper that the analysis and evaluation of the key indicators of the SMEs' investment activity were presented, i.e. the total investment growth rate, capital expenditure per 1 entity, capital expenditure per 1 employee, the relation of investments to the total revenue. In the second part of the paper, a comparative study of the investment activity of SMEs in the Lubusz Voivodeship in comparison with the investment activity of SMEs in other voivodeships in the country was presented. This study was carried out on the basis of a synthetic investment activity indicator constructed with use of the non-model method.The results of the studies carried out indicate that SMEs in the Lubusz Voivodeship are characterized by average investment activity.

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Aktywność turystyczno-rekreacyjna rodzin z dziećmi z niepełnosprawnością (wyniki badań)

Author(s): Miroslawa Janos-Kreslo / Language(s): Polish / Issue: 6/2016

Głównym celem rozważań jest przedstawienie uczestnictwa rodzin z dziećmi z niepełnosprawnością w turystyce i rekreacji. W artykule wykorzystano zarówno literaturę przedmiotu, wyniki badań wtórnych, jak i pierwotnych. Badania empiryczne(jakościowe i ilościowe) zostały przeprowadzone w latach 2014 i 2015 na potrzeby projektu badawczego finansowanego ze środków NCN. Z badań wynika,że nie wszystkie dzieci z niepełnosprawnością, jak i rodziny z dzieckiem/dziećmi z niepełnosprawnością wyjechały w celach turystyczno-wypoczynkowych poza miejsce stałego zamieszkania. Brak aktywności turystyczno-wypoczynkowej miał przede wszystkim związek z sytuacją finansową rodziny i kosztami wyjazdów. Wyniki badań mają znaczenie praktyczne i społeczne. Mogą stanowić m.in. źródło refleksji nad podejmowaniem decyzji dotyczących wsparcia rodzin z dzieckiem/dziećmi z niepełnosprawnością oraz działań o charakterze integracyjnym. Artykuł ma charakter badawczy.

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Alignment and theory in Corporate Real Estate alignment models

Author(s): Christopher Heywood,Monique Arkesteijn / Language(s): English / Issue: 2/2017

This paper deepens the understanding of Corporate Real Estate (CRE) alignment through a meta-study of twenty existing alignment models. A qualitative hermeneutic method interpreted the models and their articles. This holistic analysis found alignment to be more complex and pluralistic than the individual models assumed. Four dimensions operating simultaneously were evident – a multi-valent relationship, multiple alignment forms, multiple cognitive objects to align and alignment in multiple directions. Alignment theorisation had positive and negative aspects. Positive is that good science was evident and had improved over time. Negative is that model theorisation had occurred mostly in isolation and was constrained by simplifications required to make modelling tractable. The research makes a meta-theoretical contribution through a more complete theorisation of CRE alignment as a phenomenon. This addresses a disordered sense to prior theory thereby representing a major conceptual improvement. A new alignment model is not proposed; rather through developed understanding a basis is provided to examine alignment in both theorisation and practice.

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An Analysis of Factors Affect the Export of Gayo Coffee in Bener Meriah Regency, Acheh, Indonesia

Author(s): A Nurlina,Edisyah Putra / Language(s): English / Issue: 1/2016

This is a research which is conducted to observe the effects of the export prices, exchange rates, and the total production of the Gayo coffee export volume in Bener Meriah regency.The purpose of this research is to determine the effect of the export prices, exchange rates, and the total production of the Gayo coffee export volume in Bener Meriah regency,while it applies the documentary study for the data collection technique. The data analysis method used in this research is multiple linear regression analysis using the software and a computer program Eviews 5. Partially, the export prices and the production total have the significant effects on the Gayo coffee export volume in Bener Meriah regency.Simultaneously, the export prices, exchange rates, total production significantly influence Gayo coffee export volume in Bener Meriah, where the value of the effect (R squared) gained 0.91, or 91%.

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