The implementation of rural tourism membership can aid in boosting economic growth in rural areas. This study examines households’ preferences for rural tourism experience in association with sales of local agricultural products. Using a choice experiment method developed by experimental designs, this paper examines households’ preferences to trade off purchasing costs of local agricultural pro...

The focus of this conference on the supply side of the economy is fine, but we can get more mileage out of the discussion if we zoom in on the interaction between the supply side and the demand side. It was not a sudden deterioration in the supply side of the economy, such as a drastic reduction in the flexibility of the labor market, that triggered the rise in unemployment in the Organization ...

What in the world happened to Zimbabwe? Although the country certainly had its share of difficulties during the first 25 years since independence in 1980, it largely dodged the famines, civil strife, and grossly mismanaged government policies so common in other subSaharan African countries. Through the 1980s, its annual real GDP growth averaged more than 5 percent, and, unlike other African cou...

This paper sets to investigate the responses of the Greek and Irish social actors (trade unions, employers’ organizations, public agencies) to the youth unemployment which has severely risen in both countries after the outbreak of the economic crisis (OECD, 2009). The rationale behind the comparative perspective stems from our intention to investigate how the institutional structures and the in...

In this paper, a multi-product economic production quantity problem with limited warehouse-space is considered in which the orders are delivered discretely in the form of multiple pallets and the shortages are completely backlogged. We show that the model of the problem is a constrained non-linear integer program and propose a genetic algorithm to solve it. Moreover, design of experiments is em...

This study deals with wage inequality in organization and shows the relationship between ICT and wage in organization. To do so, we incorporate ICT’s factors in organization into our model. ICT’s factors are efficiencies of Enterprise Resource Planning (ERP), Computer Assisted Design/Computer Assisted Manufacturing (CAD/CAM), and NETWORK. The improvement of ICT’s factors decrease the learning c...

A question fundamental to sustainable economic growth is whether a poor region tends to grow faster than a rich one, such that the poor region catches up with the rich region in terms of the level of per capita income. In this article, we apply the spatial panel data approach to the analysis of regional income convergence across 177 economic areas in the contiguous US states over the period fro...

World is increasingly being divided into regions. The regional trading blocks are becoming more and more deepened and widened around the globe. The European Union (EU) has already reached a stage approximating to the trading relations usually found within a country rather than between the countries. The existence of regional economic groups, particularly in European and American continents, pos...

Research goals and objectives: to describe the experience of the design, development and use of decision support systems (DSS) in the study of economic disciplines in higher education. Subject of research: design, development and use of decision support systems in the study of economic disciplines in higher education. Research methods used: comparative analysis, business analytics, design of so...