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«European Journal of Economic Studies»
(Европейский журнал экономических исследований) – международный двуязычный научный журнал.

E-ISSN 2305-6282

Периодичность – 2 раза в год.
Издается с 2012 года.

2 September 20, 2018


Articles and Statements

1. Murat Cetin, Eyyup Ecevit
The Dynamic Causal Links between Energy Consumption, Trade Openness and Economic Growth: Time Series Evidence from Upper Middle Income Countries

European Journal of Economic Studies, 2018, 7(2): 58-68.
DOI: 10.13187/es.2018.7.58CrossRef

Abstract:
This study investigates the dynamic causal links between energy consumption, trade openness and economic growth for upper middle income countries over the period 1971-2014. The ARDL bounds test is used to examine the presence of cointegration between the variables. The VECM Granger causality method is also used to explore causality between the variables. Empirical results indicate that i) the variables are stationary at first differences, ii) there exists cointegration between the variables in Turkey, China, Colombia, Ecuador, Jamaica and Peru, iii) there exists important causal linkages among the variables in the long run, iv) the energy-led-growth and trade-led-growth hypotheses are demonstrated for Turkey, China, Colombia, Jamaica and Peru.

URL: http://ejournal2.com/journals_n/1537464150.pdf
Number of views: 108      Download in PDF


2. Sanel Halilbegovic, Nedim Celebic, Adna Idrizovic
Reward System Effects on Employees in Small And Medium Enterprises – Case of Federation Bosnia and Herzegovina

European Journal of Economic Studies, 2018, 7(2): 69-76.
DOI: 10.13187/es.2018.7.69CrossRef

Abstract:
In this project, we will research impact of rewards on motivation of employees. Outcome of the organization is profoundly dependable on the achievement of their workers. Aim of this research is to show how rewards impact motivation keeping in mind the goal to improve the general performance of the organization. It is crucial for the organization to comprehend what drive the employees and how to expand their employment fulfillment. It may however be hard for an organization to discover what motivates employees, particularly on the grounds that distinctive individuals are motivated by various things. Well composed and useful reward system is an effective approach to build employee work motivation. This research embarks to investigate obviously what factors exist in ascribing the right reward structure to an individual representative or group. Reward management is both perplexing and involved and exceptionally exposed to outside impacts, for example, financial situations, culture and individual worker inclinations and recognition.

URL: http://ejournal2.com/journals_n/1537464229.pdf
Number of views: 101      Download in PDF


3. Rinor Kurteshi
Discovering and Reviewing the Internal and External Drivers of Innovation and Localized Cultivation of an Innovation Culture in the Public Sector: The Case of Kosovo

European Journal of Economic Studies, 2018, 7(2): 77-88.
DOI: 10.13187/es.2018.7.77CrossRef

Abstract:
This research looks at the main drivers of public sector innovation and localized cultivation of an innovation culture in the public sector of Kosovo. This study is exploratory and a mixed methodology is used, while the findings are compared with the most recent literature in the field of public sector innovation. Findings clearly indicate that the introduction of new laws and regulations have been found to be the most prevalent driver of innovation in the public sector of Kosovo. In addition to that, mandated increase/decrease in the organization’s budget has had an important role in the overall innovation processes. The public sector of Kosovo has made some progress in cultivating an innovation culture. Public sector managers support experimentation of new ideas and take an active role in the development and implementation of innovations. However, interestingly enough the introduction of e-government or online services has not been of paramount importance in driving innovation in the public sector of Kosovo. Moreover, the public sector of Kosovo has failed to engage service users in the designing, planning and evaluating new or improved services, which is an element that the literature supports. In addition to the findings, this research enriches and extends the current knowledge of innovation in the public sector domain. Finally, it is a unique contribution to Kosovo's academics and practitioners.

URL: http://ejournal2.com/journals_n/1537558454.pdf
Number of views: 103      Download in PDF


4. Adis Murtic, Ermin Cero, Nedim Celebic, Sanel Halilbegovic
Exploring the Micro Foundations of Absorptive Capacity in Knowledge Transfer Projects: an Operations Management Perspective

European Journal of Economic Studies, 2018, 7(2): 89-97.
DOI: 10.13187/es.2018.7.89CrossRef

Abstract:
Planning and executing effective knowledge transfer with external organizations is increasingly relevant for most companies. However its complexity determines high failure rates. By taking the perspective of the recipient organization in knowledge transfer projects, this paper explores the project management & organization antecedents underlying the development of a firm-level capacity in absorbing external knowledge. A conceptual framework is developed and illustrated through a case study of a multinational energy company transferring technical and organizational knowledge from its English to its Swedish subsidiary. Combining evidence from the case study and findings from prior studies, research propositions are developed.

URL: http://ejournal2.com/journals_n/1537464410.pdf
Number of views: 87      Download in PDF


5. Nasikh
The Sustainable Food Self-Sufficiency Achievement Strategy in East Java Province, Indonesia

European Journal of Economic Studies, 2018, 7(2): 98-108.
DOI: 10.13187/es.2018.7.98CrossRef

Abstract:
This study aims at identifying the characteristic of the local resources regarding to the sustainable food self-sufficiency in East Java as well as arranging policy strategy of regional government of East Java to achieve the sustainable food self-sufficiency. The study is carried out in Madiun and Nganjuk regencies in East Java. The two regencies are chosen as they are the food buffering area for other regencies in East Java. The study is conducted in eight months, from March to October 2015. The research finding shows that the regional characteristic in the local resources-based sustainable food self-sufficiency in East Java has been surplus in terms of rice which is 4.403.553 tons; corn which is 6.095.325 tons; meat which is 146.448 tons; and egg which is 29.147 tons. The availability of energy total consumed by East Java citizens in 2014 is 3.589 kcal/cap/day or 149.54 % out of the Recommended Dietary Allowance which is 2.400 kcal/cap/day. The availability of energy in 2014 is dominated by vegetable (96.91 %) and animals (3.09 %). If compared to the Recommended Dietary Allowance in 2012, the decrease is 967 kcal/cap/day or 21.22 %. The strategy of the regional government to maintain the local food security to be the imported-rice free is encouraging the food reserve development, enhancing the food distribution system, fostering the consumption diversification, monitoring fresh food, conducting citizen empowerment action program to solve the food security issue, and synchronizing the action program funding among the state budget, regional government budget, and citizen fund in East Java.

URL: http://ejournal2.com/journals_n/1537464460.pdf
Number of views: 101      Download in PDF


6. Vladimer Papava
Catching Up and Catch-Up Effect: Economic Growth in Post-Communist Europe (Lessons from the European Union and the Eastern Partnership States)

European Journal of Economic Studies, 2018, 7(2): 109-125.
DOI: 10.13187/es.2018.7.109CrossRef

Abstract:
The article discusses the economic growth models in post-Communist countries of European Union and Eastern Partnership states. According to the combinatorial augmentation concept, there are new combinations for which the resources for old combinations are practically useless as they require the usage of qualitatively new resources. The combinatorial augmentation process revealed itself in the EU’s post-Communist countries in a special way when new technologies are mainly concentrated in some Western European and other developed countries while older technologies were mostly left for the EU’s post-Communist countries. For the EU’s post-Communist countries, falling behind are more characteristic than catching up which is a result of the unfortunate fact that the national innovation systems in these countries are weakly developed. Economic growth types of Eastern Partnership are based on the extremely falling behind model. Excluding the catch-up effect is of special importance in making a quantitative assessment of the differences between the economic growth indicators. The economic growth types of the Eastern Partnership states are not satisfactory – the characteristic to these countries are falling behind (or, more accurately, extremely falling behind) and coat-tail growth.

URL: http://ejournal2.com/journals_n/1537557942.pdf
Number of views: 90      Download in PDF


7. Evgeniya V. Vidishcheva, Marina Gunare
The Impact of Volunteering in the Economy of Mega-Events

European Journal of Economic Studies, 2018, 7(2): 126-131.
DOI: 10.13187/es.2018.7.126CrossRef

Abstract:
Major local and international events require significant financial and labour investments. Modernization of infrastructure and marketing activities are largest part of organizational and holding expenditures. However, the share of the wages fund is also significant, that's why the practice of engaging the unpaid volunteers is becoming more and more popularity. Despite the relatively short history of development the event-volunteer’s movement in Russia specialized centers for the volunteer's training has already been formed and actively operating now. Tens of thousands of volunteers pass a qualification every time before the events, and the economic and social contribution of volunteer activities to the event industry and country's economy is constantly growing. Volunteering is a source of self-development and improvement of professional skills for both young and older generations. And in many developed countries it is also an impressive share of gross domestic product. The aim of the study is to assess the impact of volunteering in the economy of mega-events.

URL: http://ejournal2.com/journals_n/1537464818.pdf
Number of views: 101      Download in PDF


8.
full number
URL: http://ejournal2.com/journals_n/1537558469.pdf
Number of views: 108      Download in PDF





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