Investigation of the Greek – Turkish Military Spending Relation

In this paper, the relation between the Greek and Turkish military spending is investigated, examining first the identification of its exact statistical form, and second, a diachronically constant ratio between the two magnitudes. Using annual nominal data over the period from 1949 to 2008, the stationarity of the series is tested by performing a sequential Augmented Dickey-Fuller (ADF) and a Kwiatkowski?CPhillips?CSchmidt?CShin (KPSS) unit root test. Both the long?Crun equilibrium relation among the series of the Greek and Turkish military spending and their diachronically constant ratio are estimated following a Johansen cointegration analysis.     

Factors influencing the uptake of a mechatronics curriculum initiative in five Australian secondary schools

While the ready-made Lego™ Robotics kits are popular in schools and are used by students at both primary and secondary year levels, using the Picaxe microcontroller (chip) to create simple electronic devices, including robotic devices is less popular. The latter imposes an additional challenge as a result of the need to construct the universal board with the chip in it—a challenge embraced in the cross-disciplinary mechatronics program in this study. This paper reports on how teachers from five Australian secondary schools put into practice technological pedagogical content knowledge (TPCK) developed from expert-led workshops and explores factors (intrinsic and extrinsic) that influenced the implementation. The results show that different strategies were adopted by the schools in implementing the programs. While teacher attitude played an important role in influencing the program’s success, being able to identify where the program sits within the curriculum and planning around timetable and facility constraints were also important factors to consider. The research indicated that teachers’ TPCK was most challenged in non-obvious areas such as diagnosing where faulty soldering joints were.     

The effect of management commitment to service quality on frontline employees' affective and performance outcomes: an empirical investigation of the New Zealand public healthcare sector

• Very little attention has been given to understand the antecedents of service recovery performance in a public healthcare setting. In this study, a cross-sectional survey investigates a model of service recovery performance. Frontline hospital employees completed a self-administered questionnaire on how factors characterising management commitment to service quality (MCSQ) affect their service recovery efforts. The results suggest the influence of MCSQ is mediated by frontline employees' affective commitment to their hospital. The research advances understanding of frontline service recovery performance in a public healthcare setting and the findings indicate that public healthcare managers can take actions on a number of fronts to assist progress towards the achievement of frontline service recovery excellence.

Copyright © 2006 John Wiley & Sons, Ltd.     

Continuity properties of the private core

Let be a sequence of differential information economies, converging to a limit differential information economy (written as ). Denote by the set of all ε-private core allocations, ε ≥ 0 (for ε=0 we get the private core of Yannelis (1991), denoted by ). Under appropriate conditions, we prove the following stability results

AnnaLee Saxenian. The New Argonauts: Regional Advantage in a Global Economy. Cambridge, Mass.: Harvard University Press, 2006. 424 pp. ISBN 0-674-02201-7, $27.95 (paper).

This book considers a fascinating aspect of new technology businessesand the network economies that support their development. Essentially,it is about the movement of technically skilled professionalswho have been drawn into the commercial environment of SiliconValley and their subsequent technology transfer relationshipwith the part of the world from which they were originally drawn.To use the phraseology of the book, this is about "brain circulation"as opposed to     

Election predictions as martingales: an arbitrage approach

The more volatile the prediction the closer to an even call     

Challenges of Doing Business in Africa: A Systematic Review

ABSTRACT

This paper provides a systematic review of challenges to doing business in Africa. It complements the extant literature by answering two critical questions: what are the linkages between the ease of doing business and economic development; and what are the challenges to doing business in Africa? In providing answers to these questions, the nexus between the ease of doing business and economic development is discussed in six main strands, namely: wealth creation and sharing; opportunities of employment; balanced regional and economic development; Gross Domestic Product (GDP) and GDP per capita; standards of living and exports. Moreover, challenges to doing business are articulated along the following lines: (i) issues related to the cost of starting a business and doing business; (ii) shortage of energy and electricity; (iii) lack of access to finance; and (v) high taxes and low cross-border trade.     

Gender wage gaps and economic crisis in Greece

ABSTRACT

We examine gender wage gap (GWG) in Greece for 2013, by using a survey data set. Our findings show first, that the unadjusted GWG is 15.3%, while European Commission reports a value of 15%. Secondly, we derive the ‘adjusted’ GWG, using the Oaxaca and Ransom (OR) and the Juhn, Murphy and Pierce (JMP) methods to be ranging from 10% to 13.6%. Thirdly, looking into the behaviour of the full population, we find a decreasing trend for the discrimination effects, an increasing trend for the residuals effects and a ‘random’ endowments effects while moving to higher deciles. These three effects are associated to the economic crisis 2008–2015. Fourthly, our findings do not show evidence of either a ‘glass ceiling’ effect or a ‘sticky floor’ effect. Finally, that there is strong evidence that investing in higher education reduces the wage discrimination between sexes.