The Impact of Government Effectiveness on Trade and Financial Openness: The Generalized Quantile Panel Regression Approach

Sezer KAHYAOĞLU

Purpose: This paper aims to investigate the impact of government effectiveness on trade and financial openness in 35 selected countries around the globe. Design/methodology/approach: A quantitative research approach was applied in the study using the generalized quantile panel regression approach to analyze the impact of identified variables in these selected countries. Panel quantile models with high estimation performance are preferred in the presence of excessive deviations and in cases where the normal distribution is invalid. Findings/results: The empirical findings indicate that selected ...Более

A Nonlinear Panel ARDL Analysis of Pollution Haven/Halo Hypothesis

Zamira ÖSKÖNBAYEVA

There is a growing popularity for the nonlinear econometric approaches, since linkages among variables are not always linear. Nonlinear approaches provide a broader range of knowledge compared to the linear model. This research aims to assess the impact of foreign direct investment on pollution. To capture the potential asymmetries resulting from rise and fall in the foreign direct investments, the nonlinear panel autoregressive distributed lag approach is employed. In the empirical analysis, annual data of selected 22 transition economies from 1995 to 2016 is utilized. The findings highlighte ...Более

A Panel Study of the Impact of R&D on Financial Performance: Evidence from an Emerging Market

Mahmut ERDOĞAN | Adilya YAMALTDİNOVA

In recent years, innovation and R&D activities have been one of the most important factors affecting the growth strategies of the companies and their financial performance. However, it is the fundamental elements of sustainable economic growth, innovative activities have strategic decision-making characteristics due to their effects on efficiency and market value. The aim of this paper is to investigate the effects of R&D expenditures on the financial performance of 62 production companies listed in Borsa Istanbul in the period of 2008-2017 by using panel data methods. We used return on assets ...Более

Analysis of Article Methodologies on Financial Statements’ Transparency Between the Years 2000 and 2016

Bilal SOLAK

Accounting scandals that took place in the last quarter of the twentieth century such as the one at ENRON and PARMALAT prove the importance of transparency and objectivity for the presentation of financial statements. Accounting researchers all over Turkey and other countries have started to publish more studies using different kinds of methodologies on providing transparency for the financial statements due to the scandals. Published work by accounting scientists is extraordinarily crucial both for accounting theory and shaping accounting applications. In this research, article methodologies ...Более

Crowding-out (or -in) effect in transition economies: Kyrgyzstan case

Cunus GANİEV

Purpose: The crowding-out and crowding-in effects have been at the core of arguments among economists regarding the influence of government spending on private investment. This study aims to examine the crowding-out (or -in) effect of public spending on private investment in the transition economy of Kyrgyzstan. Design/methodology/approach: The empirical model is an autoregressive distributed lag (ARDL) and the vector autoregression approach (VAR). Monthly data from 2005 to 2013 of the private investment, government expenditures, remittances from abroad and broad money data were used in the em ...Более

Entropic organizational climate (EOC): Development and validation of new scale = Энтропийный организационный климат: разработка и валидизация новой шкалы

Mustafa Fedai ÇAVUŞ

Entropy, which is an element of the system approach evaluating organizations as a system, refers to the deterioration tendency. Purpose. This study aimed to develop a new scale in order to evaluate the negative climate in organizations. Method. The study was carried out in two stages. In the first study, the construct validity of the scale (N 412) was revealed by exploratory factor analysis and, also convergent and discriminant analysis in the banking sector. The second study was carried out in the teacher sample (N 224) and analysed for confirmatory factor analysis and predictive validity of ...Более

The moderator role of negative environment perceptions in the effect of achievement motivation on work values in entrepreneurship

Ömer Lütfi ANTALYALI

The relationship between long-term portfolio investments and growth in the context of asset characteristics and development level

İbrahim Halil SUGÖZÜ

This study investigates the linkage between portfolio investment and economic growth in 18 developed and 27 developing countries. Furthermore, it compares and analyzes interest-bearing and non-interest-bearing assets and the economic development level. The results of our analysis show that long-term portfolio investment is positively associated with economic growth in developing countries. Long-term portfolio investment through non-interest-bearing assets contribute more to economic growth in developing countries. However, stocks and long-term bond portfolio investment are unrelated to economi ...Более

Uncertainty Perpetuated? The Pitfalls of a Weakly Institutionalized Party System in Kyrgyzstan

Asel DOOLOTKELDIEVA

The parliamentary elections in Kyrgyzstan in October 2015 garnered widespread approval from commentators for the level of fairness and freedom maintained throughout the campaign. However, the results of the vote do not provide a clear indication of the current state of affairs of parliamentarism in the republic. Focusing on the commercialization of party lists, we argue that neither identity politics nor the logic of neopatrimonialism adequately explain the dynamics of political competition in Kyrgyzstan. Instead, we see perpetual uncertainty emerging from contradicting yet increasing attempts ...Более

World Nomad Games As An Emerging Large-Scale Event and Its Role for Tourism Development in Kyrgyzstan

Azamat MAKSUDUNOV | Kıyalbek DIYKANOV

The World Nomad Games (WNG) is a new emerging large-scale event in the world, where ethnic sports can be exhibited. It was started in 2014 and until today WNG has been organized three times (2014, 2016, and 2018) in Kyrgyz Republic. Actually, these kinds of events have economic and noneconomic impacts on the destinations. In this chapter, the WNG role for tourism development in Kyrgyz Republic will be investigated. Kyrgyz Republic as a tourism destination was opened in 1991 after the collapse of the USSR. Today, tourism is identified among the priority sectors in the country. However, our coun ...Более

AN EXPERIMENTAL STUDY ON END-OF-PERIOD TRANSACTIONS COURSE WITH A FLIPPED LEARNING MODEL

Fatih FAYDALI | Bilal SOLAK

Generation Y or the Millennial Youth, the generation most affected by communication technologies, leading to innovations in many areas, from marketing to education. In our study, the flipped education/class model is implemented in the “End-of-period Transactions” course, during the 2019-2020 fall semester. The results show that the average Quiz, Midterm and Final grades of the flipped education/class were higher than those of the control group. The interviews revealed that the most important advantage of this method was the ease of access to the materials and applications, while sparing time t ...Более

Employment Vulnerability and Earnings in Kyrgyzstan

Kamalbek KARIMŞAKOV

Employment vulnerability is considered as working under inadequate conditions. This research examined the impact of employment vulnerability on earnings with special reference to gender-based differences. Analyses were based on panel data for 2010-2013 and 2016 from the household survey. A panel data fixed-effects model with instrumental variable within the Lewbel (2012) method was applied to estimate an earnings equation. Results indicates negative impact of employment vulnerability on earnings. Women experienced this negative effect more severely. Given these empirical findings, government l ...Более