70 research outputs found
The political economy of government programs on export success: a logit model for a Turkish survey
This article examines the differences between exporter and nonexporter small and medium enterprises (SMEs) in Turkey to understand the impact of government programs on their export decisions. The empirical data are from a survey of 300 Turkish SMEs (150 exporters and 150 nonexporters) in Turkey. As our question is why some SMEs are exporting while others of a similar size are not, although the government export promotion programs are same for all SMEs, the dependent variable should be dichotomous, and the applicable analytical model should come from the binary-choice genre of models, namely. Results suggest that government export-promoting programs, size of the firms, and manufacturing status of the firms contribute positively to export performance in SMEs, but barriers such as educational level of managers, lack of financial resources, lack of language knowledge, too many government regulations, and high taxes negatively affect the export performance of Turkish SME
Rent-Seeking in Developed and Developing Countries: Cross Section and Time Series Studies
The property rights issue is one of the most important institutional differences between developed/developing countries. The violation of the property rights results with rentseeking. In order to see if the extent of rent-seeking differs significantly between developed and developing countries, I applied a cross section and a time series study with the intention to measure rent-seeking. I found that rent-seeking is low in developed countries whilst it is high in developing counterparts. Turkey, as a developing country was my special case to apply time series study to see if rentseeking vary over the years. In my additional work for Turkey, I found that there is a cointegrating relationship between rent- seeking as a percentage of the budget LnRt and government size ( LnGYt ), and GNP per capita income ( LnGNPCt ).Rent-Seeking; Budgetary Allocation; Cross Section Study; Time Series Study
Graduating to globalisation: A study of southern multinationals.
FDI by firms in developing countries is a recent phenomenon and demands a study of relationship between firm productivity and different modes of globalisation activities. This paper attempts to understand this relationship through ordered probit models, examining two key hypotheses using firm level panel data from India. First, we test whether there are characteristic differences between domestic firms, exporting firms and firms engaging with FDI. Second, we test if FDI is an integral part of the evolution of firms in developing countries. Our results suggest that there are strong differences between domestic firms, exporting firms, and firms that invest abroad, especially in their knowledge investment, indicating the presence of a ladder of quality in graduating to globalisation.
Graduating to Globalisation : A Study of Southern Multinationals
FDI by firms in developing countries is a recent phenomenon and demands a study of relationship between firm productivity and different modes of globalisation activities. This paper attempts to understand this relationship through ordered probit models, examining two key hypotheses using firm level panel data from India. First, we test whether there are characteristic differences between domestic firms, exporting firms and firms engaging with FDI. Second, we test if FDI is an integral part of the evolution of firms in developing countries. Our results suggest that there are strong differences between domestic firms, exporting firms, and firms that invest abroad, especially in their knowledge investment, indicating the presence of a ladder of quality in graduating to globalisation.Outbound FDI, panel data, India, Ordered Probit models
Technology diffusion in industry : an empirical investigation of technological adoption in Greek SMEs
The thesis is about the spread of technology in the economy. More specifically it concerns the adoption decisions of individual firms. The basic relationships between technology and the economy are outlined along with the main theories employed to explain them. A diffusion-centred typology of technology is constructed building on existing work. Following that, a review of literature on diffusion and its associated measuring and modelling techniques is undertaken. Valid determinants of diffusion are identified in empirical literature. The above theoretical framework is used to analyse the technological performance of the Greek economy. Traditional technology policy is looked at and a 'technological map' of Greece is constructed. The map presents an overview of the current situation with regards to the diffusion and creation of innovations. The main country-specific factors affecting the process of diffusion are also identified. Informed by both theory and Greek reality a methodology is presented for an original survey in small and medium enterprises (SMEs). The empirical part focuses on the stage of diffusion concerning individual adoption decisions. An accompanying econometric model (logit) is used to explain the adoption of Internet Enabled Personal Computers (IEPCs) by SMEs. Results suggest that learning effects, the perceived availability of financial capital, perceived threat from competition, perceptions regarding the technology's life expectancy and linkages with multinational enterprises (MNEs) are strongly associated with instances of adoption. The author contributes an original insight into the adoption determinants pertinent to the Greek context. Finally, the findings of the survey and its empirical analysis are combined with secondary sources to construct tentative policy suggestions.EThOS - Electronic Theses Online ServiceGBUnited Kingdo
Does preventive single dose of intravenous dexketoprofen reduce pain and swelling after orthognathic surgery? A prospective, randomized, double blind clinical trial
The purpose of this study was to evaluate the effect of a single-dose intravenous dexketoprofen administration for preventive analgesia on postoperative pain and reducing swelling in double jaw surgery. The authors designed a prospective, randomized, and double-blind cohort study. Patients who have Class III malocclusion were randomly divided in two groups. 50 mg intravenous dexketoprofen trometamol were administrated 30 minutes before incision in treatment group, while intravenous sterile saline was administrated 30 minutes before incision in placebo group. The primary predictor variable was treatment group. Primary outcomes were pain, swelling and 24-hour opioid intake. Patient- controlled analgesia with tramadol was given for management of postoperative pain. Other variables were demographic and operation related parameters. Visual analogue scale was used to evaluate postoperative pain. 3dMD Face System (3dMD, USA) was used to measure postoperative swelling. Data were analysed using two independent samples t test and Mann Whitney U test. The study sample was composed of 30 patients with a mean age of 20,63 years and 21 were female. Preemptive dexketoprofen administration decreased postoperative tramadol consumption by 25.9% compared to placebo group, and there was a statistically significant decrease in VAS scores (p0,05). Preventive administration of intravenous dexketoprofen provides adequate analgesic effect in the postoperative 24-hour period and reduces opioid consumption in orthognathic surgery
Role of the state in developing countries: public choice versus Schumpeterian approach
It is obvious that even though modern public choice theories, which were first developed for Western pluralistic societies (society-centred), might have highlighted many hidden subjects in developing countries such as rent-seeking, corruption, strong state tradition, undemocratic decision mechanisms, etc, however, they still cannot hold and explain all the dynamics of these countries since they need to adopt a state-centre approach. In that sense, we propose that the Schumpeterian approach can help us in understanding the dynamics of developing countries even better. Therefore, our main objective in this paper is to provide a synthesis of public choice approach and the Schumpeterian approach to understand the role of the state in developing countries. We know the fact that this study still remains incomplete and not enough to cover all the needs of the subject, but at least it highlights some hidden issues for developing countries and starts a new discussion on this path
Property rights issue and rent seeking in Turkey: A time series study with cointegration and error correction techniques for the period of 1960-2002
The property rights issue is one of the most important institutional differences between democratically developed and developing countries. In most of the cases, the violation of the property rights results with rent-seeking activities. In this chapter, Katz and Rosenberg's budgetary variable model has been tested in a time series study for the period of 1960 to 2002 to measure rent-seeking activities in Turkey. It is found that there is a cointegrating relationship exists between variables, by which mean that there is a long-run relationship between budgetary rent-seeking (Rt), GNP per capita (GNPCt) and Government Size (GYt). It is also found that independent variables help to explain rent-seeking activities in Turkey during the period 1960-2002. In addition to these cointegrated relationships, it is showed that adjustments are made towards restoring the long-run relationship between rent-seeking and other variables
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