Research ArticleOpen accessIn the keywordsCredit Market Development and Economic Growth an Empirical Analysis for GreeceAthanasios Vazakidis, Antonios AdamopoulosProblem statement: This study investigated the relationship between credit market development and economic growth for Greece for the period 1979-2007 using a Vector Error Correction Model (VECM). Questions were raised whether economic growth spurs credit market development taking into account the negative effect of inflation rate on credit market development. This study aimed to investigate the short-run and the long-run … …American Journal of Applied Sciences, Vol. 8, Issue 6 · 13 Jun 2011 · 6,881 accessesView PDFCite
Research ArticleOpen accessIn the keywordsSimulation of a 10 kW Photovoltaic System in Areas with High Solar IrradiationIssa Etier, Mohammad Ababneh, Anas Al TarabshehProblem statement: This study investigates the design and the simulation of a 10 kW photovoltaic (PV) system in areas of high solar irradiation. The importance of this study is to explore the feasibility of connecting the PV system with a grid to generate electricity at campus of Hashemite University (Jordan) whose yearly global irradiation is 2000 kWh/m2. Approach: In order … …American Journal of Applied Sciences, Vol. 8, Issue 2 · 28 Feb 2011 · 9,320 accessesView PDFCite
Research ArticleOpen accessIn the keywordsRevenue Determinants in Tourism MarketMohammad Mohebi, Khalid Abdul RahimProblem statement: Malaysian tourism industry has been growing considerably in recent years. The number of tourist arrivals has grown by 25% during 2006-2008. In comparison with Thailand and Singapore, Malaysia has more tourist arrivals but it has earned less income. The purpose of the study was to determine the major factors affecting inbound tourism expenditure in Malaysia. Approach: A panel … …American Journal of Applied Sciences, Vol. 7, Issue 12 · 31 Dec 2010 · 8,185 accessesView PDFCite
Research ArticleOpen accessIn the keywordsThe Impact of Foreign Ownership on Firm Performance, Evidence from an Emerging Market: TurkeyAli Osman Gurbuz, Asli AybarsProblem statement: The inflows of foreign direct investment are important sources of finance for developing countries. Due to the increase in the amount of the international flows of capital over the last three decades, the issue of the possible impact of foreign direct investment on the performance of corporations and thus the economy has gained increased attention. The purpose of … …American Journal of Economics and Business Administration, Vol. 2, Issue 4 · 28 Nov 2010 · 15,819 accessesView PDFCite
Research ArticleOpen accessIn the keywordsHow Does Human Capital Affect on Growth in Different Economies?Mehdi Safdari, Mohammad Shahiki, Zahra SheidaeeProblem statement: The main objective of this study was to investigate how human capital can affect growth in different economies. Approach: For this purpose, we investigated the model, which the growth rate of total factor productivity depends on human capital stock level using a cross-country panel approach for 104 countries in five-year intervals during the 1980-2005. Results: The finding of … …Journal of Social Sciences, Vol. 6, Issue 3 · 30 Sep 2010 · 8,810 accessesView PDFCite
Research ArticleOpen accessIn the keywordsImpact Assessment and Utilization of Eastern RedcedarSalim Hiziroglu, Difei ZhangProblem statement: The fast invasion of eastern redcedar (Juniperus virginiana L.) has been considered a significant problem to the environment and rural communities. Approach: This study examined the adverse ecological and economic impacts of eastern redcedar and proposed the sustainable development of value-added panel products from such under-utilized invasive species. Also what economic sectors were mostly influenced was examined. Additionally … …American Journal of Applied Sciences, Vol. 7, Issue 8 · 31 Aug 2010 · 7,007 accessesView PDFCite
Research ArticleOpen accessIn the keywordsA Causal Relationship between Financial Market Development and Economic GrowthAthanasios Vazakidis, Antonios AdamopoulosProblem statement: This study investigated the causal relationship between financial market development and economic growth for United Kingdom for the period 1965-2007 using a Vector Error Correction Model (VECM). Questions were raised whether financial market development causes economic growth or reversely taking into account the negative effect of interest rate. The objective of this study was to examine the causal … …American Journal of Applied Sciences, Vol. 7, Issue 4 · 30 Apr 2010 · 7,678 accessesView PDFCite
Research ArticleOpen accessIn the keywordsThe Relationship between Credit Market Development and Economic GrowthAntonios AdamopoulosProblem statement: This study investigated the relationship between credit market development and economic growth for Spain for the period 1976-2007 using a Vector Error Correction Model (VECM). Questions were raised whether economic growth spurs credit market development taking into account the negative effect of inflation rate and investments on credit market development. This study aimed to investigate the short-run and … …American Journal of Applied Sciences, Vol. 7, Issue 4 · 30 Apr 2010 · 7,697 accessesView PDFCite
Research ArticleOpen accessIn the keywordsDeterminants of Outward Foreign Direct Investments from Small Island Developing StatesDensil A. WilliamsProblem statement: Although there is a burgeoning literature on the rise of Multinational Enterprises (MNEs) from developing economies, comparatively less work exists on MNEs from small, developing economies. Given the precipitous rise in the level of outward foreign direct investments from small, economies, it is still not clear in the academic literature and for policy purposes, those factors in the … …American Journal of Economics and Business Administration, Vol. 1, Issue 2 · 30 Jun 2009 · 7,325 accessesView PDFCite
Research ArticleOpen accessIn the keywordsSeismic Behavior of Vertical Shear Links made of Easy-Going SteelAmir Saedi Daryan, Hesam Bahrampoor, Masood Ziaei et al.Problem Statement: Since the time that steel was first used as a construction material, engineers have attempted to increase strength, reduce weight and produce more economical structures by using elegant member sections. However, the increase in steel strength and the decrease in cross section area are not always useful and in some cases it is necessary to reduce the strength … …American Journal of Engineering and Applied Sciences, Vol. 1, Issue 4 · 31 Dec 2008 · 7,211 accessesView PDFCite