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.

Autorentext
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 Shevhenko, 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.

Inhalt
Chapter 1: Spatial Analysis of Research-Productivity Nexus: A Case of Thai Rice Sector.- Chapter 2: Application of Thermodynamics Entropy Concept in Financial Markets.- Chapter 3: Economic and Business Cycle of India: Evidence from ICT Sector.- Chapter 4: Patents and R&D Cartels.- Chapter 5: A mean-variance analysis of the Global Minimum Variance Portfolio Constructed using the CARBS indices.-Chapter 6: Univariate and Multivariate GARCH Models Applied to the CARBS Indices.- Chapter 7: Value-At-Risk Forecasting of the CARBS Indices.- Chapter 8: A vector error correction model (VECM) of FTSE/JSE SA Listed Property Index and FTSE/JSE SA Capped Property Index.- Chapter 9: Liquidity Proxies Based on Intraday Data: The Case of the Polish Order-Driven Stock Market.- Chapter 10: Measuring Dynamics of Financial Integration on the Euro Area Stock Markets, 2000 2016.- Chapter 11: The effect of inflation targeting policy on economic growth in AEC countries.- Chapter 12: Economics, Marketing and Performances of U.S. Classical Music: journeyin' together to the promise land.- Chapter 13: Investigation of the essence of the categories "efficiency", "efficiency of the investment project".- Chapter 14: An Analysis of ICT Sectors and Economic Growth: Evidence from ASEAN Countries.- Chapter 15: FDI spillover effects in China's manufacturing sector: New evidence from forward and backward linkages.- Chapter 16: Environmental Kuznets Curve and Turkey: An ARDL Approach.- Chapter 17: Selected Aspects of Managerial Success Perception: The Case of Polish Born Globals.- Chapter 18: CSR communication on social networks.- Chapter 19: Tax bonus versus Tax allowance in Slovak and Czech Republic.- Chapter 20: The Application of Nonparametric Methods in Nonprofit Sector.- Chapter 21: Why You Should Use High Frequency Data to Test the Impact of Exchange Rate on Trade.- Chapter 22: On the radio spectrum value for telecommunication market participants.- Chapter 23: Real Options Games Between Asymmetric Firms on a Competitive Market.- Chapter 24: The Dynamic effect of Bank size on Earnings volatility in Iranian banking system.- Chapter 25: The selection of human resources in Slovak companies.- Chapter 26: The issue of investment decision making of leveraged projects.- Chapter 27: Volatility modelling of agricultural commodities: Application of selected GARCH models.- Chapter 28: Increase the standard of living of regions by increasing the quality of the business environment.- Chapter 29: Building a sustainable brand.- Chapter 30: Facility management as a tool for optimizing business costs.- Chapter 31: The Brand Value and Factors Affecting It.- Chapter 32: Does The Fall in Crude Oil Prices Really Affect The Malaysian Ringgit?.- Chapter 33: The Impact of Exchange Rate Regimes on Economic Growth.- Chapter 34: Utilization the Process BIM Building Information Modeling in Facility Management.- Chapter 35: Modeling and Forecasting of British pound/U.S.dollar Exchange Rate: An empirical analysis.- Chapter 36: Modelling and Forecasting of US Health Expenditures Using Arima Models.- Chapter 37: Industry competitiveness using firm-level data: A case study of the Nigerian insurance sector.- Chapter 38: Business Cysles Transmission From BRICs to developing countries, "Some New Evidence.- Chapter 39: Assessment of Financial Risks in the Insurance Sector Using the Sensitivity Analysis.- Chapter 40: Calculation of Tax Shields Using the Method of Adjusted Present Value.- Chapter 41: Some Remarks on the Quantification of the Company Financial Health.- Chapter 42: Measuring the Globalization Degree of Foreign Direct Investments from 2001-2012: First Interpretations.- Chapter 43: Gender Barriers in Employment and their Policy implications in Transition Economies.- Chapter 44: Intergenerational Persistence of Child Labor in Brazil.- Chapter 45: Consequences of External Macroeconomic Shocks Transmission through International Trade Channel: The Case of the Central and Eastern European Countries.- Chapter 46: Investment and Economic Growth.- Chapter 47: Does Financial Regulation influence bank efficiency? - A study on UAE banking sector.- Chapter 48: Competitiveness Index.