Advances in Panel Data Analysis in Applied Economic Research

1. Front Matter

   Pages i-xv

   PDF

2. Spatial Analysis of Research-Productivity Nexus: A Case of Thai Rice Sector

   • Waleerat Suphannachart

   Pages 1-12

3. Application of Thermodynamics Entropy Concept in Financial Markets

   • Sellamuthu Prabakaran

   Pages 13-28

4. Economic and Business Cycle of India: Evidence from ICT Sector

   • Chukiat Chaiboonsri, Satawat Wannapan, Anuphak Saosaovaphak

   Pages 29-43

5. Patents and R&D Cartels

   • Adam Karbowski, Jacek Prokop

   Pages 45-54

6. A Mean-Variance Analysis of the Global Minimum Variance Portfolio Constructed Using the CARBS Indices

   • Coenraad C. A. Labuschagne, Niel Oberholzer, Pierre J. Venter

   Pages 55-68

7. Univariate and Multivariate GARCH Models Applied to the CARBS Indices

   • Coenraad C. A. Labuschagne, Niel Oberholzer, Pierre J. Venter

   Pages 69-83

8. Value-At-Risk Forecasting of the CARBS Indices

   • Coenraad C. A. Labuschagne, Niel Oberholzer, Pierre J. Venter

   Pages 85-94

9. A Vector Error Correction Model (VECM) of FTSE/JSE SA Listed Property Index and FTSE/JSE SA Capped Property Index

   • Coenraad C. A. Labuschagne, Niel Oberholzer, Pierre J. Venter

   Pages 95-111

10. Liquidity Proxies Based on Intraday Data: The Case of the Polish Order-Driven Stock Market

    • Joanna Olbrys, Michal Mursztyn

    Pages 113-128

11. Measuring Dynamics of Financial Integration on the Euro Area Stock Markets, 2000–2016

    • Elzbieta Majewska, Joanna Olbrys

    Pages 129-142

12. The Effect of Inflation-Targeting Policy on Economic Growth in AEC Countries

    • Chukiat Chaiboonsri, Prasert Chaitip, Kanchana Chokethaworn

    Pages 143-159

13. Economics, Marketing and Performances of US Classical Music: Journeyin’ Together to de Promise Land

    • Angela Besana, Annamaria Esposito

    Pages 161-173

14. An Investigation into the Notion of “Efficiency”

    • Aidar Puryaev

    Pages 175-187

15. An Analysis of ICT Sectors and Economic Growth: Evidence from ASEAN Countries

    • Satawat Wannapan, Chukiat Chaiboonsri

    Pages 189-201

16. FDI Spillover Effects in China’s Manufacturing Sector: New Evidence From Forward and Backward Linkages

    • Chengchun Li, Sailesh Tanna

    Pages 203-222

17. Environmental Kuznets Curve and Turkey: An ARDL Approach

    • Mustafa Göktuğ Kaya, Perihan Hazel Kaya

    Pages 223-234

18. Selected Aspects of Managerial Success Perception: The Case of Polish Born Globals

    • Tomasz Sikora, Ewa Baranowska-Prokop

    Pages 235-244

19. CSR Communication on Social Networks

    • Anna Križanová, Dominika Moravcikova, Katarina Moravcikova

    Pages 245-257

20. Tax Bonus Versus Tax Allowance in Slovak and Czech Republic

    • Martina Paliderova, Alzbeta Bielikova

    Pages 259-268

This proceedings volume presents new methods and applications in applied economic research with an emphasis on advances in panel data analysis. Featuring papers presented at the 2017 International Conference on Applied Economics (ICOAE) held at Coventry University, this volume provides current research on econometric panel data methodologies as they are applied in microeconomics, macroeconomics, financial economics and agricultural economics.  


International Conference on Applied Economics (ICOAE) is an annual conference that started in 2008 designed to bring together economists from different fields of applied economic research in order to share methods and ideas. Applied economics is a rapidly growing field of economics that combines economic theory with econometrics to analyse economic problems of the real world usually with economic policy interest. In addition, there is growing interest in the field for panel data estimation methods, tests and techniques. This volume makes a contribution in the field of applied economic research in this area. Featuring country specific studies, this book will be of interest to academics, students, researchers, practitioners, and policy makers in applied economics and economic policy.

• International Conference on Applied Economics (ICOAE)
• Panel Date Estimation Methodology
• Econometrics
• Applied Economic Research
• Applied Financial Economics
• Applied Agricultural Economics
• Applied Macroeconomics
• Applied Microeconomics

• Department of International Trade, Western Macedonia University of Applied Sciences, Kastoria, Greece

  Nicholas Tsounis, Aspasia Vlachvei

Nicholas Tsounis is a Professor of Economics at the Department of International Trade, Western Macedonia University of Applied Sciences and an adjunct faculty member at the Hellenic Open University, Greece. He has a PhD in International Trade Theory since 1992 from the Department of Economics, University of Manchester-UK. His research interests are on applied international economics, economic integration and applied microeconomics. He has published more than 50 articles in international scientific periodicals and conferences and 15 books. He is a referee/peer reviewer for several scientific periodicals and research calls of various countries, including the EU. He is the co-founder of the ICOAE conferences (with Aspasia Vlachvei) and an academic advisor to the Hellenic NARIC.

Aspasia Vlachvei is Professor of Marketing, in Western Macedonia University of Applied Sciences since 2002. Prior to that she has been employed in various capacities at the University of Macedonia, Aristotle University of Thessaloniki, University of Thessaly and TEI of Thessaloniki, Greece. She has been Visiting Professor in Kiev National University of Taras Shevсhenko, Ukraine. She holds a BA degree from the Aristotle University of Thessaloniki, MSc in Rural Economics and Development from Mediterranean Agronomic Institute of Chania and a PhD degree on Agricultural Economics from the Aristotle University of Thessaloniki, since 1997. Her research interests focus on international marketing strategies, competitiveness, wine tourism and wine marketing, e-marketing, social media. She is director of MSc “Public relations and marketing with new technologies” and co-director of MBA of Western Macedonia University of Applied Sciences. She is co-editor of the proceedings and member of scientific and organizing committee of International Conference on Applied Economics. She has been guest Editor in Journal of International Trade Law and Policy, International Journal of Computational Economics and Econometrics, and International Journal of Financial Economics and Econometrics. She has published in several professional journals such as Applied Economics, American Journal of Agricultural Economics, Agricultural Economics, British Food Journal, Journal of European Economy, Annals of Public and Cooperative Economics and New Medit.

Policies and ethics