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WSEAS Transactions on Business and Economics
World Scientific and Engineering Academy and Society (WSEAS)
WSEAS Transactions on Business and Economics

World Scientific and Engineering Academy and Society (WSEAS)

1109-9526

WSEAS Transactions on Business and Economics/Journal WSEAS Transactions on Business and Economics
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    Rise of Biobanking in the EU: Evidence from the Framework Programmes

    L'ubica Kotorova SlusnaMiroslav BalogVladimir BalazEdita Nemcova...
    15页
    查看更多>>摘要：The topic of biobanking has been anchoring in the world and Europe as well. The biobanking field today is characterised by heterogeneous entities that could be classified according to many different categories. This article aims to outline the process of the gradual embedding of the field of biobanking in the European Union (EU) from the point of view of the number of high-quality international research projects related to biobanking or biobanks as such. To identify these research projects, data from the European Commission's (EC's) database on research and innovation projects financed from Framework Programmes (FPs) of the European Union and the Horizon programme were used. It was found that the number of research and innovation projects in which biobanks played an important role more than doubled between 1994 and 2021. The highest increase in the number of biobank-related research and innovation projects occurred between 2002 - 2006 and 2007 - 2013. Several leading countries, in terms of the number of biobank related research projects, emerged during the whole period. The main actors were all countries of western Europe, characterised mostly by above-average performance in indicators such as GDP per capita, Human Development Index (HDI) or Euro Health Consumer Index (EHCI).
      原文链接:
    • NSTL

    Determinants of Digital Taxation in European Union

    MARIO HAKANTON DEVCICHRVOJE BUDIC
    11页
    查看更多>>摘要：The article analyzes the introduction of digital taxation on the member states of the European Union. The digital economy is a collective term for all economic transactions that take place happening on the Internet. It is also known as the Web economy or the Internet economy. With the advent of technology and the process of globalization digital and traditional economies merge into one. New ways of doing business in the virtual and digital world economy caused the emergence of a tax on digital services (hereinafter: digital tax). A solution is being sought internationally and globally, which is certainly a better and more systematic approach, however in this text we will see that states have decided to introduce a digital tax on their own.
      原文链接:
    • NSTL

    The Impact of 'Shockvertising' on Consumer Behavior: Investigating Its Influence on the "Why Buy" Aspect

    Tareq Nael HashemMohammed S. AlnsourNafez Nimer AliFiras Nael Hashem...
    9页
    查看更多>>摘要：Current study focused on highlighting the influence of shockvertising (Disgusting Images, Sexual References, Profanity/Obscenity, Vulgarity, Impropriety, Moral Offensiveness and Religious Taboos) on consumer behavior in its two dimensions of repurchase intention and word of mouth. Through depending on quantitative approach and utilizing a questionnaire as a tool; researcher distributed on (431) Jordanian consumers within the online social platforms due to COVID 19 lockdown and quarantine. Through SPSS, results of study indicated that shockvertising - along with its variables - plays a role in negatively influencing consumer behavior, analysis also revealed that using religious taboos as advertisement material was the most influential aspect of shockvertising as people tend to act emotionally in reference to their religion, also, results indicated that shockvertising an influence consumer behavior variables and mostly repurchase intention as a consumer is welling to boycott a brand if it presented any offending ad.
      原文链接:
    • NSTL

    The Informational Response of Different Investor Types on Futures Return Fluctuations: Evidence from Taiwan's Index Futures Market

    CHEN-CHENG CHIENCHUN-NAN CHEN
    10页
    查看更多>>摘要：This article examines the price impact of different types of investors' trading activities in the Taiwan index futures market on the market, and explores the information roles of different types of investors. We find the trading volumes of different investors in the index futures market affect futures returns through information. The impact on index futures returns in the current period is small, showing the ability of foreign institutional investors to quickly respond to negative news and obtain information advantages. Further, from the MSE and QLIKE loss functions, individual investors use EGARCH(1,1), domestic institutional investors TGARCH(1,1), and foreign institutional investors GARCH(1,1). Further, the imbalance of buy and sell orders is suitable for the fluctuation of futures returns using EGARCH(1,1).
      原文链接:
    • NSTL

    Globalized Inclination to Acquire Knowledge and Skills Toward Economic Development

    GRIGORIOS L. KYRIAKOPOULOS
    21页
    查看更多>>摘要：In an era of economic recession and the divulged threats of COVID-19 pandemic in the world a highly impacting socio-economic activity is the education sector. The operational difficulties of companies and organizations, as well as the closure of universities, schools, training courses, are all affecting the entrepreneurial and the learning progress on using workers time and learners facilities to develop their knowledge and to build up their skills. In particular, free time of institutions' closure can become a golden opportunity for learning and progresses in virtual education while adopting e-learning modes of information technology (IT) and supporting the distribution of knowledge and information for training and education. Since the COVID-19 pandemic outbreak only few studies have been devoted on studying the impact of cultural characteristics, economic situations, skills and knowledge on the development and the wider human wellbeing. At this study the literature production of economic development was investigated in the light of the ignored, but critically important, issue of globalized inclination to acquire knowledge and skills. All essential aspects of economic systems and economic development within the COVID-19 era were approached, quantified, and graphically valuated, in the light of the following fields of literature search: "dynamic economic systems", "economic development", "knowledge skills", and "globalization". The measurable indicators of comparing these results were that of: chronological, geographical, languages of reports' written, subject areas, and keywords, accordingly. Besides, the three domains of technology, environment - ecology, and socio-economics were conveyed, while the key-determinants of knowledge and skills acquisition were also analyzed. From a managerial point of view the simultaneous affection of cultural characteristics, economic simulations, skills and knowledge aspects were considered as positive and significant, thus, supporting managers to better understand the necessities of IT development and managing a highly qualified workforce to shift the thread of the COVID-19 era while performing feasible learning management to solidify workers' education through formal and inhouse education.
      原文链接:
    • NSTL

    Long-Run Determinants of Nigerian Inflation Rate: ARDL Bounds Testing Approach

    MOHAMED R. ABONAZELFUAD A. AWWADKINGDOM NWUJUADEWALE F. LUKMAN...
    10页
    查看更多>>摘要：Inflation is a problem in all facets of life and all economic entities. The government of any nation is concerned with ensuring that her plans are not frustrated by unpredictable and galloping prices. This paper studies the dynamic causal relationship between inflation rate (measured by consumer price index (CPI)), exchange rate, gross domestic product (GDP), money growth, and oil export in Nigerian during 2005: Q1 to 2019: Q4. The ARDL bounds testing approach and error correction model were used to verify whether there was a long-term relationship between the inflation rate and four determinants (exchange rate, GDP, money growth, and oil export). The results of our study showed that the current inflation CPI, the exchange rate, GDP, and money growth would still affect the next quarter's inflation rate in Nigeria. However, the oil export has no significant effect on the inflation rate. Moreover, we find the long-run cointegration relationship between inflation CPI, the exchange rate, and money. The cointegration relationship will be achieved in a short time (during the next two quarters of the year).
      原文链接:
    • NSTL

    Price Volatility for Selected Agricultural Commodities in Ethiopia: Evidence from GARCH Models

    DINKU TIRNGOWORKU GARDACHWNGOZI ADELEYE
    9页
    查看更多>>摘要：This study models the volatility of returns for selected agricultural commodity prices in Ethiopia using the generalized autoregressive conditional heteroskedasticity (GARCH) approach. GARCH family models, specifically threshold GARCH and exponential GARCH were employed to analyze the time varying volatility of selected agricultural commodities prices from 2010 to 2021. The data analysis results revealed that, out of the GARCH specifications, the EGARCH model with the normal distributional assumption of residuals was a better fit model for the price volatility of "teff" and "red pepper" in which their return series reacted differently to the "good" and "bad" news. The study indicated the existence of a leverage effect, which implied that the "bad" news could have a larger effect on volatility than the "good" news of the same magnitude, and the asymmetric term was statistically significant.
      原文链接:
    • NSTL

    Prediction methods for the actual duration of Greek highway projects

    MAGDALINI TITIRLAWALID LARBIGEORGIOS ARETOULIS
    8页
    查看更多>>摘要：This study presents an overview of estimation methods to predict the actual project duration of Greek highway projects. Emphasis is given to the selection of the appropriate parameters that correlate with the actual project duration and to compare the performances of the main two methods, the linear regression (LR) with the neural network models (NN) based on data available at the bidding stage. In the context of the current research, thirty-seven highway projects were examined, constructed in Greece with similar available data like the extent, the type of work packages and the significance. Selection and ranking variables through correlation analyses using SPSS 25 has been carried on, in order to identify the most significant project variables. These include archeological findings, type of terrain, land expropriation, the existence of bridge, tunnel and embankment. Next step was the use of WEKA application, that highlighted the most efficient subset of variables. After the definition and grouping of the variables for actual duration prediction, these were used as input data for linear regression models (LR) and neural network models (NN). Various models have been created from each investigated method. While their performance and the comparison of linear regression and neural network models to estimate the actual duration of Greek highway projects are presented in this paper. Results' discussion and conclusions along with limitations and further research are appropriately analyzed.
      原文链接:
    • NSTL

    Consumer Behaviour in Tourism

    LENKA SVAJDOVA
    9页
    查看更多>>摘要：This article aims to identify factors that affect potential travellers in the phase of gathering information and evaluating alternatives within the shopping model of consumer behaviour. For the purposes of achieving the set goals the survey will be realized. The result of the survey will be identified factors that are having impact on consumer decision in tourism, and that can help operators of tourism to better communicate with their customers.
      原文链接:
    • NSTL

    High-Quality Development of the Modern Service Industry in Fuzhou, China

    CHEN GUOTIE
    11页
    查看更多>>摘要：The development level of the modern service industry is a crucial measure of a city's comprehensive strength, regional competitiveness, development potential, and degree of modernization. Since the 13th Five-Year Plan, Fuzhou's three major industries (the primary industry is agriculture, the secondary is industry and the tertiary is the service industry) have undergone substantial structural changes: the tertiary industry now contributes to half of the total gross domestic product, and the era of the service economy has arrived. This paper provides a comprehensive review of Fuzhou's service industry development, and it includes a comparative analysis of service industry development between coastal and inner Fuzhou. Furthermore, this paper identifies gaps and insufficiencies in Fuzhou's service industry and provides suggestions for promoting the high-quality development of the modern service industry in Fuzhou from the perspective of service sectors such as finance, retail, and logistics.
      原文链接:
    • NSTL