European Research Studies

European Research Studies publishes articles on the economic and financial sectors in Europe.

Articles from Vol. 16, No. 2, April

Brewing the Recipe for Beer Brand Equity
1. Introduction The beverage industry and specifically the brewery sector is a key economic industry within the European agribusiness scenario. However, there are only few studies on beer brand value from the consumers' standpoint (Atilgan et al.,...
Financial Development and Economic Growth: A Revised Empirical Study for Ireland
1. Introduction The issue of causal relationship between financial development and economic growth has been an intensive subject of interest for many theoretical and empirical studies (Thalassinos and Kiriazidis, 2003; Thalassinos and Pociovalisteanu,...
Financial Sector and Business Cycles Determinants in the EMU Context: An Empirical Approach (1996-2011)
1. Introduction The frequency and extent of business cycles fluctuations entail significant implications for the real economic activity and the well-being of society. Business cycles volatility reflecting country exposure and vulnerability to shocks,...
Predicting the Production of Total Industry in Greece with Chaos Theory and Neural Networks
1. Introduction Non linear dynamics (Medio, 1992) in combination with neural networks had applied in a wide variety of fields, e.g. physics, engineering, ecology and economics. The economist interest is focused on the ability of forecasting an economic...
Recent Evidence on the Taxpayers' Reporting Decision in Greece: A Quantile Regression Approach
1. Introduction The examination of the taxpayers' behavioral response to changes in marginal tax rates is essential in estimating the impact of different tax policies so as to minimize the individual's bias and avoid erroneous policy recommendations....
Taxation as a Determinant of Economic Growth in South-Eastern Europe: The Case of Bulgaria and Croatia
1. Introduction Before jumping into the morass of empirical evidence, it would be useful firstly to ask the question. How does tax policy affect economic growth? By discouraging entrepreneurial activity? By distorting investment decisions (because...
The Determinants of Capital Structure in Emerging Capital Markets: Evidence from Serbia
1. Introduction Study of the capital structure and the effects of financial leverage in the so-called transition economies is still a matter of current interest. This problem is differently manifested in every country, depending on numerous factors...
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