EXPERT ANALYSIS AND IMPACT ASSESSMENT OF THE CONSTRUCTION SECTOR ENTERPRISES ON THE ECONOMY: THE EXPERIENCE OF UKRAINE

Mykhailo LUCHKO

Doctor of Economic Sciences, professor;Ternopil National Economic University, Ukraine

m_luchko@ukr.net

(Corresponding author)

Stanisław SZMITKA

Associate professor of University in Olsztyn, Poland

pbdmorag@interia.pl

Yuriy PYNDA

Associate professor of Lviv University of Business and Law, Ukraine

yuriy_p1@ukr.net

Lyudmyla KUTS

Associate professor of Ternopil National Economic University, Ukraine

epik3403@tneu.edu.ua

Abstract

The aim of the article is to establish the impact of construction sector enterprises on the economy. Using dynamic cross-sectional balance regression, it is determined that gross domestic product, the level of budget revenue, volume of capital investment, the level of employment, the coefficient of coverage of imports by exports and volume of innovative realized products  depend on the development of the of enterprises in the construction sector. The model of social and economic participation of the construction sector in the economic system of the country is developed, which on the basis of dynamic cross-sectional balance regression allows to determine ranges of values of influence of the main indicators of functioning of the enterprises of the construction sector on the gross domestic product; the level of budget revenues; volume of capital investments; employment rate; coefficient of coverage of imports by exports.

Keywords: enterprises of construction sector, construction, impact, economy, development, dynamic cross-sectional balance regression.

JEL classification: L74, C61, D60, E23

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FIRM SIZE AND LOCATION CHOICE OF FOOD INDUSTRY: IZMIR/TURKEY CASE

Nilnaz AKBAŞOĞULLARI

MSc City Planner, Izmir, Turkey, Tel: +90 554 972 37 64

nilnazakb@gmail.com

Hasan Engin DURAN

(Corresponding Author) Izmir Institute of Technology, City and Regional Planning Department, Associate Professor of Economics, Adress: Gülbahce Kampüsü, Izmir Yüksek Teknoloji Ensitüsü, Mimarlık Fakültesi, Şehir ve Bölge Planlama Bölümü, Urla-Izmir, Tel: +90 232 750 70 04

enginduran@iyte.edu.tr

Abstract

Purpose of the current study is to analyze the determinants of firm location in Izmir’s food industry. The dataset covers 734 firms in 2018. The analyses particularly focus on the impact of experience and size of the firms, the effects of which are not yet adequately analyzed by the existing literature. In terms of methodologies, initially, explorative maps are used to illustrate the data. Then, linear regression analyses are applied to analyze the location behavior determinants. Spatial autocorrelation test is applied to as a robustness test. Our findings point to three main results. First, firm size is not statistically a significant determinant of firm location. So, big firms may locate in/around or out of cities, whereas, also small firms may locate close to or distant from city centers Second, the influence of the experience variable is rather definite; earlier founded firms naturally locate closer to CBD. Third, with regard to results regarding sub-sectors, firms in packaged food and bakery sectors locate nearby CBDs where, in contrast, firms in animal products sector tend to locate in rural areas. Overall, the key lesson that we learn from the analysis is that concentration of large firms around urban areas should be avoided so to cope with environmental problems and to maintain fair competition between big and small firms. Moreover, younger firms should be subsidized (through tax exemptions, rental aid, export and employment subsidies) so that their capital structure remains strong even if they are not able to place close to the market.

Keywords: Location Choice, Food Industry, Determinants, Firm Size

JEL classification: D22, R3

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EFFECTS ON EMPIRICAL ECONOMIC PERFORMANCE IN PROVINCIAL CLUSTER OF THE SOUTHERN SHORE OF THE GULF OF THAILAND

Kiatkajon CHAIRAT

Department of Management, Faculty of Management Technology, Rajamangala University of Technology Srivijaya, Nakhon Si Thammarat, Thailand Corresponding author: Kiatkajon Chairat Tel:+6681 870 0219

fmtkiat@gmail.com

Piya PECHSONG

Department of Management, Faculty of Management Technology, Rajamangala University of Technology Srivijaya, Nakhon Si Thammarat, Thailand

p_piya1@hotmail.com

Abstract

The aim of this paper are analyze the role of spatial concentration of  economic activities and estimate the effect of provincial cluster in the Southern shore of the Gulf of Thailand on economic growth. Panel data from the years 1995-2015 are data that collected for all 4 provinces in provincial cluster. The result show the value of LQ that more than 1 reveal in agricultural (LQAgricultural) and industry sector (LQIndustry). While, the analyzed the effect of spatial concentration of economic activities in provincial cluster present agricultural sector (LQIndustry) and service sector (LQService) variables significant on economic performance. The case of hotels and restaurants (LQHotel) which is sub economic activities of service sector be significant on economic growth. These results presence the role of externalities as the factor component in the operation of the economic activities in provincial cluster of the Southern shore of the Gulf of Thailand.

Keywords: Agglomeration economies, Spatial concentration, Provincial cluster

JEL classification: R11, R12, R58

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