3rd International symposium on

economic theory, policy and applications

4-7 August 2008

Athens, Greece

PROGRAM

Organized by

 

THE ECONOMICS RESEARCH UNIT

OF THE

ATHENS INSTITUTE FOR EDUCATION AND RESEARCH

(AT.IN.E.R.)

 

Conference Venue: St George Lycabettus Boutique Hotel, 2 Kleomenous Street, Lycabettus, Athens.

Organized by: ATINEP A.E. (atinerae@atiner.gr)

Administration: Fani Balaska, Eirini Lentzou, Thomas Papanikos, Sylia Sakka

  Organizing and Scientific Committee:

  1. Dr. Gregory T. Papanikos, President and Director, ATINER.
  2. Dr. John Roufagalas, Academic Member, ATINER & Professor, Troy University, USA.
  3. Dr. Nicholas Pappas, Vice-President, ATINER & Professor, Sam Houston University, USA.
  4. Dr. Chris Sakellariou, Secretary, ATINER & Associate Professor, Nanyang University, Singapore.
  5. Dr. Cleopatra Veloutsou, Head, Marketing Research Unit, ATINER & Senior Lecturer in Marketing, Department of Business and Management, University of Glasgow, Scotland, U.K.
  6. Dr. Vasilios Filios, Head, Accounting & Finance Research Unit, ATINER  & Associate Professor, University of Ioannina, Agrinio, Greece.
  7. Dr. Peter Koveos, Academic Member, ATINER & Professor, Syracuse University, USA.
  8. Dr. Dimitrios N. Koufopoulos, Head, Management Research Unit, ATINER & Lecturer & Director of Post Graduate Studies, Brunel University, U.K.
  9. Dr. Elvira Martini, Researcher, University of Sannio, Italy.
  10. Dr. Kosta Josifidis, Professor, University of Novi Sad, Serbia.
  11. Dr. Horatiu Dragomirescu, Professor, Bucharest University of Economics-ASE, Romania.
  12. Dr. Stefano Spalletti, Senior Researcher & Aggregate Professor of History of Economic Thought, University of Macerata, Italy.
  13. Dr. Christopher Simon, Associate Professor, University of Nevada, USA.
  14. Dr. Dimitris Tsoukalas, Associate Professor, Purdue University, Calumet, USA.
  15. Dr. Effrosyni Diamantoudi, Assistant Professor, Department of Economics, Concordia University, Canada.
  16. Dr. Patrick Onsando, Lecturer, Moi University, Kenya.
  17. Dr. Niki Kyriakidou, Academic Member, ATINER & Lecturer of Human Resources Management, Leeds Business School, U.K.
  18. Vlasios Oikonomou, Researcher, University of Groningen, the Netherlands.
  19. Themis Kokolakakis, Research Fellow, Sheffield Hallam University, U.K.
  20. Zoe Boutzioli, Ph.D. Student, University of Kent, U.K.
  21. Ioannis Bournakis, Ph.D. Student, University of Kent, U.K.
  22. Dr. Margarita Kefalaki, Researcher, ATINER, Greece

CONFERENCE PROGRAM

 (The time for each session includes a 10 minutes coffee break)

Monday, August 4th, 2008

 

08:00-08:20 Registration

08:20-08:30 Welcome and Opening Remarks

Dr. Gregory T. Papanikos, President and Director, ATINER.

Dr. John Roufagalas, Academic Member, ATINER & Professor, Troy University, USA.

 

 

08:30-10:00 Monday, August 4th, 2008

Session I (Room A): Schools of Economics Thought and Methodology - Mathematical and Quantitative Methods

Chair: Pappas, N., Vice-President, ATINER & Professor, Sam Houston University, USA.

1.    Arlegi, R., Professor, Public University of Navarre, Spain. Simple Categorization and Additive Set Comparisons.

2.    Bobeica, G., Assistant Professor, Academy of Economic Studies, Romania. Fundamenting the Economic Policy Parameters in Order to Ensure Determinacy and Feasibility for the Convergence Process.

3.    DuPlessis, S., Lecturer, University of Stellenbosch, South Africa. An Institutional Analysis of Road Safety in South Africa.

4.    Di Veroli, N., Researcher, Italian National Institute of Statistics, Italy & Collesi-Tartamella, D., Senior Researcher, Italian National Institute of Statistics, Italy. Using statistics to compile an Education Satellite Account for Italy.

5.    *Kammel, A., Head, Austrian Association of Investment, Fund Management Companies (VÖIG), Austria. Currency Competition and Monetary Integration - Some Reflections in the Light of F.A. Von Hayek. (Monday, August 4th, 2008)

08:30-10:00 Monday, August 4th, 2008

Session II (Room B): Financial Economics I

Chair:  Roufagalas, J., Academic Member, ATINER & Professor, Troy University, USA.

1.         Botsas, E., Professor Emeritus, Oakland University, USA. Inter-Balkan Trade and Finance.

2.         Bojesteanu, E., Assistant Professor, Academy of Economic Studies, Romania. International Transmission of Euro Area Shocks into non-Euro Member States.

3.         Haiss, P., Paulhart, A. Ph.D. Student, Vienna University, Austria & Rainer, A. Do Foreign Banks Raise the Risk of Foreign Currency Lending in CEE?

4.         Tsiaplias, S., Research Fellow, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, Australia. Co-movement and Integration among Developed Equity Markets.

 

 

10:00-11:30 Monday, August 4th, 2008

Session III (Room A):  Health, Education and Welfare

Chair:  DuPlessis, S., Lecturer, University of Stellenbosch, South Africa.

1.    Mora Rodriguez, J.J., Head of the Economics Department, Icesi University, Colombia. Diploma Earning Differences by Gender in Colombia.

2.    Renstrom, T., Lecturer, University of Durham, U.K. & Marsiliani, L., Lecturer, University of Durham, U.K. Political Equilibrium Social Security with Migration.

3.    Cilasun, S.M., Instructor, Atilim University, Turkey & Bilir, S., Instructor, Atilim University, Turkey. An Analysis of First-Year Academic Performance in the Department of Management of Atilim University: Could Education in English be a Determinant?

 

10:00-11:30 Monday, August 4th 2008

Session IV (Room B): Financial Economics II

Chair: Botsas, E., Professor Emeritus, Oakland University, USA.

1.      Stancu, S., Professor, Academy of Economic Studies, Romania & Sava, M.G., Undergraduate Student, Academy of Economic Studies, Romania. Risk and Uncertainty at the Level of Romanian Banking System.

2.      Veiga, F., Associate Professor, University of Minho, Portugal & Neto, D., Researcher, University of Vigo and RGEA, Portugal. Financial Globalization, Growth, and Convergence.

3.      Sifakis-Kapetanakis, C., Assistant Professor, University of Grenoble, CREPPEM, France. Boom of Financial Markets and Transformation of the Financial Structure of European Industrial Companies.

4.      Pavan, M., Researcher, University College Dublin, Ireland & Colussi, A., Assistant Professor, University of Western Ontario, Canada. Assessing the Impact of Public Transfers on Private Risk Sharing Arrangements: Evidence from a Randomized Experiment in Mexico.

 

11:30-13:00 Monday, August 4th 2008

Session V (Room A): Regions and Firms

Chair: Renstrom, T., Lecturer, University of Durham, U.K.

1.         McGregor, P., Professor, University of Strathclyde, UK. The Overall Regional Impact of HEIs: An Analysis of the Demand and Supply-Side Impacts on the Scottish Economy.

2.         Barreda-Tarrazona, I., Assistant Professor, University Jaume I of Castellon, Spain. Transportation Infrastructure Investment in the Spanish Regions.

3.         Murova, O., Instructor, Teca Tech University, USA & Chidmi, B., Assistant Professor, Texas Tech University, USA. Technical Efficiency across US Dairy Farms.

4.         Martinez Gorricho, S., Assistant Professor, University of Alicante, Spain. The Sexual Division of Labor Revisited.

 

 

 

11:30-13:30 Monday, August 4th 2008

Session VI (Room B): Labor and Demographic Economics I

Chair: Veiga, F., Associate Professor, University of Minho, Portugal.

1.      Pons, E., Professor, University of Valencia, Spain & Nyhus, E., Professor, University of Agder, Spain. Effects of Consideration of Future Consequences, Locus of Control and the Big-Five Personality Traits on Earnings.

2.      Iordan, M., Researcher, Institute for Economic Forecasting, Romania & Chilian, M.N., Researcher, Institute for Economic Forecasting, Romania. Balancing Demand and Supply on the ICT Labor Market in Romania.

3.      Nicolae-Balan, M., Reseracher, Institute for Economic Forecasting, Romania. The Impact of Labor Force Migration about Evolution of Demographic Phenomena in Romania.

4.      Eberhard, J., Ph.D. Student, Yale University, USA & Bharadwj, P., Ph.D. Student, Yale University, USA. Atmospheric Air Pollution and Birth Weight.

 

 

13:00-14:00 LUNCH

 

14:00-15:30 Monday, August 4th 2008

Session VII (Room A): Microeconomics

Chair: McGregor, P., Professor, University of Strathclyde, UK.

1.   Distaso, A., Researcher, Apulia Region and European Social Funf, Italy. For an Integrated and Sustainable Governance of Waste. An Approach Based on the Theory of Social Costs.

2.   Katsaiti, M.S., Ph.D. Student, University of Connecticut, USA. A Model of Choice: Food Consumption, Technological Growth and Obesity Rates.

3.   Miralles, A., Ph.D. Student, Boston University, USA. Cardinal Bayesian Nontransfer Allocation Mechanisms. The Two-Object Case.

4.   Vasiliauskiene, L., Ph.D. Student, Kaunas University of Technology, Lithuania & Snieska, V., Associate Professor, Kaunas University of Technology, Lithuania. Outsourcing Strategy Management: Stable Performance of Innovation.

 

 

14:00-15:30 Monday, August 4th 2008

Session VIII (Room B): Macroeconomics and Monetary Economics

Chair: Guedes, M.J.C., Ph.D. Student, Imperial College London, U.K.

1.    Aburachis, A., Gannon University, USA. The Theory of the Liquidity Preference: Reprise.

2.    Ciurila, N., Assistant Professor, Academy of Economic Studies, Romania & Murarasu, B., Assistant Professor, Academy of Economic Studies, Romania. Modelling Inflation Dynamics in Central and Eastern European Countries.

3.    Battal, O., Lecturer, Okan University, Turkey. Money Demand Estimation Using Cointegration Methodology for Turkey.

4.    Caraiani, P., Researcher, Institute for Economic Forecasting, Romania. Inflation Persistence and DSGE Models. An Application on Romanian Economy.

 

 

 

15:30-17:00 Monday, August 4th 2008

Session IX (Room A): Economic Development, Technological Change and Growth I

Chair: Distaso, A., Researcher, Apulia Region and European Social Funf, Italy

1.    Kordel, P., Adjunct, Silesian University of Technology, Poland. Regional Knowledge Management and Technology Development: The Case of Revealing Technological Competence of Silesia Region.

2.    Albu, L.L., Researcher, Institute for Economic Forecasting, Romania, Ghizdeanu, I., Researcher, Institute for Economic Forecasting, Romania & Stanica, C., Researcher, Institute for Economic Forecasting, Romania. Interest Rate –Investment-GDP Growth Relationship: Theoretical and Empirical Investigation.

3.    Kerekes, M., Ph.D. Student, FU Berlin, Germany. Analyzing Patterns of Economic Growth: A Production Frontier Approach.

4. Teodorescu, H-N., Professor, Technical University “Gheorghe Asachi”, Romania. On the Stability of Fuzzy Logic Models of Economic Dynamic Systems – The Role of Decision Making.

 

15:30-17:00 Monday, August 4th 2008

Session X (Room B): Financial Economics III

Chair: Battal, O., Lecturer, Okan University, Turkey.

  1. Nakagawa, R., Associate Professor, Kansai University, Japan. Herd Behavior by Banks and Inefficiencies in the Japanese Local Financial Market.
  2. Santillan-Salgado, R., Full Professor, Campus Monterrey, Mexico. Multinational Banks in Latin America: An Overview.
  3. El-Wassal, K.A., Director, Division of Economic & Fiscal Research, United Arab Emirates. Arab Stock Markets: Characteristics, Challenges, and Policy Concerns.
  4. Viljoen, K., Lecturer, University of Johannesburg, South Africa & Blaauw, D., Lecturer, University of Johannesburg, South Africa. Do Waiters Get their Fair Share? Case Study on the Working Conditions of Waiters in Kempton Park (South Africa).
  5. Imansyah, M., Lecturer, Lambung Mangkurat University, Indonesia. An Early Warning System Model of Indonesian Financial Crisis: A Non-Parametric Approach.

 

 

 

 

21:00 - 22:30 GREEK NIGHT AND DINNER

 

 

 

 

 

Tuesday, August 5th, 2008

 

08:00-09:30 Tuesday, August 5th 2008

Session XI (Room A): Economic Development, Technological Change and Growth II

Chair: *Katsaiti, M.S., Ph.D. Student, University of Connecticut, USA.

1.          Davies, S., Ph.D. Student, University of Bath, U.K. Why do People Give? Untangling Motivations for Remittances in Developing Countries.

2.          Gardu, D., Assistant Professor, Bucharest University of Economics, Romania. The Elusive Quest for the East Asian Development Model: Does China Fit in?

3.          Coskun, I., Lecturer, Anadolu University, Turkey, Olgac, S., Lecturer, Anadolu University, Turkey & Temizel, F., Associate Professor, Anadolu University, Turkey. Financial Development and Economic Growth in Turkey.

4.          Novak, M., University of Primorska, Slovenia. New Issues of Real Convergence Theory – Case of Transition Economies.

 

08:00-09:30 Tuesday, August 5th 2008

Session XII (Room B): Labor and Demographic Economics II

Chair:  Linder, S., Ph.D. Student, Center for Strategic Management & Globalization (SMG) at Copenhagen Business School, Denmark.

1.    Josifidis, K., Professor, University of Novi Sad, Serbia, Supic, N., Research Fellow, University of Novi Sad, Serbia & Beker, E., Researcher, University of Novi Sad, Serbia. Efficiency of the European Welfare Regimes.

2.    Cekanavicius, L., Associate Professor, Vilnius University, Lithuania & Kasnauskiene, G., Associate Professor, Vilnius University, Lithuania. Too High or Just Right? Cost-Benefit Approach to Emigration Question.

3.    Guyot, A., Researcher, University of Mannheim, Germany & Lauxen-Ulbrich, M., Researcher, Institute for Small Business Research, Germany & Berwing, S., Researcher, Institute for Small Business Research, Germany. Labour Market Sex Segregation in a Regional Dimension: Human or Symbolic Capital? Some Empirical Findings from Southwest Germany.

4.    Gicheva, D., Ph.D. Student, Yale University, USA. Working Long Hours and Career Wage Growth.

 

 

09:30-11:00 Tuesday, August 5th 2008

Session XIII (Room A): International Economics

Chair:  Gardu, D., Assistant Professor, Bucharest University of Economics, Romania.

1.    Andrei, d., Researcher, Institute for Economic Forecasting, Romania. Some Insights about the Forein Direct Investment (FDI) in Romania, as Compared to some other New EU Member Countries of the Central and Eastern Europe (CEE countries).

2.    Bilici, O., Researcher, Izmir University of Economics, Turkey & Yetkiner, I.H., Associate Professor, Izmir University of Economics, Turkey. The Determining Role of European Union in Turkey’s Trade Flows: A Gravity Model Approach.

3.    Dinga, M., Junior Researcher, CERGE-EI, Czech Republic. The Impact of Territorially concentrated FDI on Local Labor Market: The Evidence from the Czech Republic.

4.    Belaya, V., Ph.D. Student, Marketing and World Agricultural Trade Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO), Germany, Hanf, J., Researcher, World Agricultural Trade Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO), Germany & Torok, T., Ph.D. Student, World Agricultural Trade Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO), Germany. Power and Trust in Networks: Two Sides of the Scale?

09:30-11:00 Tuesday, August 5th 2008

Session XIV (Room B): Public Economics

Chair: Josifidis, K., Professor, University of Novi Sad, Serbia.

1.   Yay, T., Professor, Yildiz Technical University, Turkey & Tastan, H., Associate Professor, Yildiz Technical University, Turkey. On the Validity of Three Hypotheses on Public Expenditures in Turkey: 1950-2004. (Tuesday, August 5, 2008)

2.   Veiga, L., Associate Professor, University of Minho, Portugal. The Political Economy of   EU Transfers to Portuguese Local Governments.

3.   Marsilini, L., Lecturer, University of Durham, U.K. & Renstrom, T., Lecturer, University of Durham, U.K. Voluntary Public Goods Provision in A Dynamic Economy.

 

11:00-12:30 Tuesday, August 5th 2008

Session XV (Room A): Macroeconomics and Monetary Economics

Chair:  Kordel, P., Adjunct, Silesian University of Technology, Poland.

1.    Syrrakos, D., Lecturer, Manchester Metropolitan University, U.K. Did the Establishment of the European Monetary Union (EMU) Reflect a Progressive Evolution in the Monetary Integration of the European Union (EU) or a Discrete Change?

2.    Reiff, A., Researcher, National Bank of Hungary, Hungary. Menu Costs and Inflation Asymmetries - Some Micro Data Evidence.

3.    Rubio, M., Ph.D. Student, Boston College, USA. Fixed and Variable-Rate Mortgages, Business Cycles and Monetary Policy.

4.    Coppola, M., Researcher, MEA University of Mannheim, Germany. Subsidiezed Private Pension Schemes and Household Savings: Evidence from the Riester Pension in Germany.

 

11:00-12:30 Tuesday, August 5th 2008

Session XVI (Room B): Business Administration and Business Economics

Chair:  Seale, L., J., Professor, University of Florida, USA.

1.      Linder, S., Ph.D. Student, Center for Strategic Management & Globalization (SMG) at Copenhagen Business School, Denmark. Individual – level Determinants of Managerial Innovation.

2.      Ng, T.K.H., Assistant Professor, Chinese University of Hong Kong, Hong Kong. Outsourcing to Pool Risk.

3.     Schroder, R., Assistant Professor, Witten/Herdecke University, Germany. Target Timing. Another Opportunity for Market Oriented Management.

4.      Qu, Y., Ph.D. Student, CNRS-GREDEG, France & Krafft, J., Researcher, CNRS-GREDEG, France. Corporate Governance, Industry Dynamics and Firms’ Performance :An Empirical Analysis of a Best Practice Model.

 

12:30-14:00 Tuesday, August 5th 2008

Session XVII (Room A): Economic Development, Technological Change and Growth III

Chair: Syrrakos, D., Lecturer, Manchester Metropolitan University, U.K.

1.          Sanchez Torres, F., Professor, University of Los Andes, Colombia & Lopez Uribe, M., Professor, University of Los Andes, Colombia. Land Conflicts Property Rights and the Rise of the Export Economy in Colombia.

2.          Turkcan, B., Researcher, Izmir University, Turkey. Endogenous Determination of FDI in Economic Growth.

3.          Yenipazarli, A., Researcher, Adnan Menderes University, Turkey & Erdal, F., Associate Professor, Adnan Menderes University, Turkey. Economic Freedom Index and Economic Growth in Turkey: 1970-2006.

4.          Georgopoulos. G., Associate Professor, York University, Canada. Liquidity Constraints and Investment: The Role of FDT.

5.          Bayat, R., Ph.D. Student, University of Bath, U.K. The Effects of the IMF’s Programmes on Adjustment Policies and Main Macroeconomic Variables in Argentina and Turkey.

 

 

 

 

 

 

12:30-14:00 Tuesday, August 5th 2008

Session XVIII (Room B): Industrial Organization

Chair: Marsilini, L., Lecturer, University of Durham, U.K.

1.     Kim, J., Professor, Handong University, Korea. Optimality of Entry Regulation under Incomplete Information.

2.     Sanchez Villalba, M., Assistant Professor, University of Alicante, Spain. British Rail: A Matter of Contractual Design.

3.    *Van Koten, S., Junior Researcher, CERGE-EI, Czech Republic. Bidding Behavior When One Bidder and the Auctioneer are Vertically Integrated: Implications for the Partial Deregulation of EU Electricity Markets.

4.     *Guedes, M.J.C., Ph.D. Student, Imperial College London, U.K. Do Sticks Create an Environment More Conductive to R& Investments? Evidence from Top U.K. & R&D Firms.

5.    *Seale, L., J., Professor, University of Florida, USA. Demand for Energy in Rich and Poor Countries.

 

 

 14:00-15:00 LUNCH

 

 

 

20:30 - 21:30 DINNER

 

Wednesday, August 6th, 2008

Archaeological Tour: Departure at 08:00, Lunch 13:30, Return at 14:30

 

 

 

 

Thursday, August 7th, 2008

CRUISE: Departure at 07:30, Return at 20:30