3,046 research outputs found
The Lending-Deposit Rate Relationship in Eastern European Countries: Evidence from the Rank Test for Non-linear Cointegration
This study carries out an examination of the potential non-linear cointegration between the lending and deposit rates of eight Eastern European countries using the non-parametric rank tests proposed by Breitung (2001). Based upon our adoption in this study of the threshold error-correction model (TECM), we find solid evidence of an asymmetric price transmission effect, in both the short term and the long term, between lending and deposit rates. Thus, our results reveal that there are indeed such long-run non-linear cointegration relationships between the lending and deposit rates in these Eastern European countries. Furthermore, we go on to successfully capture the dynamic adjustment of the spread.lending-deposit rates, rank test, non-linearity
Internet Click-Through and Product Information Searching behaviour
The study aims to explore the factors that may trigger one to click through internet advertisements when one is searching for production information on the web. We begin our exploration with Nelsonās ([5]) renowned theory where it asserts that goods with āsearchā qualities produce more search efforts than goods with āexperienceā qualities would do. The study shows that this assertion may not be true in the internet due to some specific features of the net
Transforming Experience Good into Search Good: How Virtual Experience May Change the Internet Advertising Market
Prior research indicates that goods contain either search or experience attributes and those that are categorized as search goods may induce more product information search efforts prior to purchase. Considering the low search cost online, search goods could easily prompt even more search efforts. However the experiment results of this study indicate an interesting finding that seem to go against this projection by showing more search efforts (including online advertisements click-throughs and searching time) for experience goods than for search goods. Explanations to the finding which in part echoing Kleinās (1998) proposition of virtual experience are provided and implications for online advertising are drawn
Taiwanese High School Counselors\u27 Experiences in a Solution-Focused Supervision Training Program
Does Rational Bubbles Exist in the Taiwan Stock Market? Evidence from a Nonparametric Cointegration Test
In this study, we revisit the issue as to the presence of rational bubbles in the Taiwan stock market during the June 1991 to February 2005 period using the Bierens (1997) nonparametric cointegration tests. The results from the Bierens nonparametric cointegration test attest to the absence of rational bubbles in the Taiwan stock market.Rational Bubbles Taiwan Stock Market Nonparametric Cointegration Test
The Relationship between Stock Price and EPS: Evidence Based on Taiwan Panel Data
In this study, we use panel cointegration methods to investigate the relationship between stock prices and earnings-per-share (EPS). Furthermore, we consider whether stock prices respond to EPS under the different level of growth rate of operating revenue. The empirical result indicated that the cointegration relationship existed between stock prices and EPS in the long-run. Furthermore, we found that for the firm with a high level of growth rate, EPS has less power in explaining the stock prices however, for the firm with a low level of growth rate, EPS has a strong impact in stock prices.Earnings Response Coefficient (ERC)
The Effectiveness of Solution-Focused Group Counseling for Taiwanese Unmarried Femalesā Post-Breakup Loss: A Pilot Study
UREDNIÄKI OPOZIV RADA: Fleksibilni Fourierov stacionarni test BDP-a po stanovniku za SrednjoistoÄne europske zemlje
Statement of Retraction (Zb. rad. Ekon. fak. Rij. ā¢ 2012 ā¢ vol. 30 ā¢ sv. 2 ā¢ 219-219, http://www.efri.uniri.hr/dokumenti/zbornik-2012-2-retraction.pdf):
This is to notify our respectful reading public that the Editorial Board of the journal Zbornik radova Ekonomskog fakulteta u Rijeci, Äasopis za ekonomsku teoriju i praksu/ Proceedings of Rijeka Faculty of Economics, Journal of Economics and Business has retracted the following article from publication:
āFlexible Fourier Stationary Test in GDP per capita for Central Eastern European Countriesā, by Hsu-Ling Chang, Chi-Wei Su, Meng-Nan Zhu, published in our journal Zbornik radova Ekonomskog fakulteta u Rijeci, Äasopis za ekonomsku teoriju i praksu/ Proceedings of Rijeka Faculty of Economics, Journal of Economics and Business, 2011, vol. 29 (1), pp. 51-63 and almost concurrently published in the journal Eastern European Economics, 2011, vol. 49 (3), pp. 54-65.
Being in contact with Josef C Brada, Professor Emeritus, Editor of the journal Eastern European Economics (EEE), we realized that the paper had been sent to both journals, although first published in the EEE and then in our Journal. According to professor Bradaās and our analysis, the paper published in these two journals is exactly the same, except for minor differences in wording, most likely due to editing the text before publication. The outstanding differences are in the title and the fact that the paper published in our Journal has three authors and in EEE journal has two. Whatsoever, owing to the fact that the article had been sent to both journals almost at the same time, it had been impossible to find out the case during the review procedure.
Due to this unpleasant situation, our Editorial Board would like to inform our valuable readers that all the necessary measures to retract the paper from our publication have been undertaken and according to publishing ethical principles, cooperation with the authors of the retracted paper have been stopped. Although, in this case neither EEE nor our Journal had any chance to envisage and prevent this double publication in time, we do ask our readers to accept our deepest apology.
Ivo Sever, PhD
Editor- in- ChiefStatement of Retraction (Zb. rad. Ekon. fak. Rij. ā¢ 2012 ā¢ vol. 30 ā¢ sv. 2 ā¢ 219-219, http://www.efri.uniri.hr/dokumenti/zbornik-2012-2-retraction.pdf):
Želimo obavijestiti poÅ”tovane Äitatelje da je UredniÄki odbor Äasopisa Zbornik radova Ekonomskog fakulteta u Rijeci, Äasopis za ekonomsku teoriju i praksu/ Proceedings of Rijeka Faculty of Economics, Journal of Economics and Business povukao sljedeÄi Älanak iz publikacije:
āFlexible Fourier Stationary Test in GDP per capita for Central Eastern European Countriesā grupe autora Hsu-Ling Chang, Chi-Wei Su, Meng-Nan Zhu, objavljenog u naÅ”em Äasopisu Zbornik radova Ekonomskog fakulteta u Rijeci, Äasopis za ekonomsku teoriju i praksu/ Proceedings of Rijeka Faculty of Economics, Journal of Economics and Business, 2011, vol. 29 (1), str. 51-63 i gotovo istovremeno u Äasopisu Eastern European Economics, 2011, vol. 49 (3), str. 54-65.
U kontaktu s urednikom Äasopisa Eastern European Economics (EEE), profesorom Josefom C Bradom otkrili smo da je spomenuti Älanak istovremeno poslan u oba Äasopisa, s tim da je prije objavljen u EEE, a potom u naÅ”em Äasopisu.
ZajedniÄkom analizom s profesorom Bradom, ustanovili smo da se radi o potpuno istom Älanku ako se izuzmu neznatne razlike vjerojatno nastale tijekom uredniÄke obrade prije objavljivanja. Nadalje, jedina uoÄljiva razlika je u naslovu i u Äinjenici da su u naÅ”em Äasopisu navedena tri autora, a u EEE-u dva. Ovdje želimo napomenuti da je sama Äinjenica istovremenog prosljeÄivanja Älanka u oba Äasopisa dovela do nemoguÄnosti detektiranja tog sluÄaja za vrijeme postupka recenzije.
UredniÄki odbor želi obavijestiti svoje uvaženo Äitateljstvo da smo poduzeli sve potrebne mjere da se objavljeni Älanak povuÄe iz publikacije prema svim etiÄkim naÄelima uz napomenu da je svaka daljnja suradnja s autorima Älanka prekinuta.
Iako u ovom sluÄaju ni EEE niti naÅ” Äasopis nisu imali moguÄnost sprijeÄiti dvostruko objavljivanje, upuÄujemo svojim Äitateljima duboku ispriku.
Prof.dr.sc. Ivo Sever
Glavni i odgovorni uredni
Does the Law of One Price hold? A cross-regional study of China
This study considers the price convergence in different regions of
China, which is the largest developing country in the world and a
country in which the regional difference is much larger between
provinces. Whether there is price convergence between regions in one
country is an important economic issue according to the Law of One
Price (LOP) theory. Compared to previous studies, this article operates
with the Sequential Panel Selection Method (SPSM) to explore the
non-stationary properties of the LOP in Chinaās regions. We provide
robust evidence to specify that the LOP holds true for two-thirds of
the provinces in China, mainly in the Western and Central regions. This
means that the Eastern regionās price fluctuation is non-stationary
and that the consumer price index (CPI) levels of the Western, Central
and Northeastern regions are relatively convergent in China. The
conduction path of the CPI level is from the Eastern region to the other
regions. It shows that prices can converge with each other by LOP and
the values of the same goods in the Western and Central regions are
equal and if there is a price difference, then it can be eliminated by
interregional trade
- ā¦