<?xml version="1.0" encoding="UTF-8"?>
<itemContainer xmlns="http://omeka.org/schemas/omeka-xml/v5" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://omeka.org/schemas/omeka-xml/v5 http://omeka.org/schemas/omeka-xml/v5/omeka-xml-5-0.xsd" uri="https://omeka.ibu.edu.ba/items/browse?output=omeka-xml&amp;page=278&amp;sort_field=Dublin+Core%2CTitle" accessDate="2026-06-26T10:07:57+01:00">
  <miscellaneousContainer>
    <pagination>
      <pageNumber>278</pageNumber>
      <perPage>10</perPage>
      <totalResults>3494</totalResults>
    </pagination>
  </miscellaneousContainer>
  <item itemId="3121" public="1" featured="0">
    <fileContainer>
      <file fileId="3889">
        <src>https://omeka.ibu.edu.ba/files/original/f6dcb6d7e397773b6595430a2c2318d9.pdf</src>
        <authentication>14f82ae1a227c5a67bf6eb2dc1ea1f32</authentication>
        <elementSetContainer>
          <elementSet elementSetId="4">
            <name>PDF Text</name>
            <description/>
            <elementContainer>
              <element elementId="52">
                <name>Text</name>
                <description/>
                <elementTextContainer>
                  <elementText elementTextId="24036">
                    <text>2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

The Effects of Employees' Demographic Characteristics on the Perception
of Organizational Culture: A Study in Service Enterprise
Halil SAYLI
Afyon Kocatepe University
Faculty of Economics and Administrative Sciences
Afyonkarahisar, Turkey
sayli@aku.edu.tr
Ahmet BAYTOK
Afyon Kocatepe University
School of Tourism and Hotel Management
Afyonkarahisar, Turkey
ahmetbaytok@aku.edu.tr
Hasan Hüseyin SOYBALI
Afyon Kocatepe University
School of Tourism and Hotel Management
Afyonkarahisar, Turkey
hsoybali@aku.edu.tr
Abstract: This study aims to evaluate the service sector employees‘ perception of
organizational culture from the demographic characteristics perspective. The research was
conducted in a Ministry of Culture and Tourism Licensed five-star thermal hotel in
Afyonkarahisar, Turkey. In scope of this study, a questionnaire was developed and applied to
thermal hotel employees. The data collected through the questionnaire survey was analysed
by using SPSS 18.0 statistics package software and the relationship between factors which
creates the organizational culture and demographic characteristics of employees such as age,
gender, education level and duration of experience both in the sector and in the hotel was
examined. From the hypothesis developed it was observed that while differences exist
between organizational culture perception and gender, age and education level, there are no
differences between organizational culture perception and duration of experience both in the
sector and in the hotel.

Introduction
Culture, as a fact related to human societies gathered according to certain principles, is used to express
the interaction between human beings and it‘s consequences (Hodgetts &amp; Luthans, 2000: 108). Being an
important concept related to human and human beings makes the culture important for enterprises whose one of
the most important competitive tools is human. The power, which forms common language, expressions and
concepts to create an internal commitment between the members of an organization, arranges the power of
members, their status, promotions and relationships between each other and makes them to be able to give
meanings to all organizational events is culture (Özkara, 1999: 84). One of the factors that play a key role in
creation of a strong culture which will contribute to achieve the objectives of a business is its employees.
Because employees are the people who keep the culture alive in organizations. Therefore, it is essential to know
how employees perceive organizational culture in an organization. Demographic characteristics of employees
are one of the factors which play an important role in employees‘ organizational culture perception (Hofstede et
al.1990; Helms &amp; Stern, 2001). Being aware of the effects of demographic characteristics on the perception of
organizational culture will guide primarily management in areas of policy formation, determination of
competencies, manpower planning, socialization process planning, keeping the culture alive and changing the
culture.

198

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

Organizational Culture
Over the last 30 years, organizational culture has been a topic of significant interest in the
organizational studies literature. In short, the culture expressed with a ― the way things are done around here‖
phrase, can be defined as ―shared and the agreed set of values and beliefs by the members of organization‖
(Recardo &amp; Jolly, 1997: 5), ―the shared philosophies, ideologies, values, assumptions, beliefs, expectations,
attitudes, and norms that knit a community together (Kilmann et al. 1986: 89), ―collective thinking program
which makes different the members of an organizations from others‖ (Hofstede 1991: 182–183), ― a pattern of
shared basic assumptions that the group learned as it solves its problems of external adaptation and internal
integration, that has worked well enough to be considered valid and, therefore, to be taught to new members as
the correct way to perceive, think, and feel in relation to those problems‖ (Schein, 1992:12). When the above
organizational culture definitions are examined, a group of people, behavioural characteristics which distinguish
this group from others and the resources of these are indicated as determinant factors.
The culture of organizations bears the characteristics of the community culture. However, each
organization brings about its own culture to ensure organizational cohesion among its members. As each
organization is formed by people with different characteristics, as fingerprints organizational culture is also
different from others and unique. Different behavioral norms, expectations, practices and organizational values
are the main reason for formation of differences (Vanderberghe, 1999: 175).
Everybody who works in an organization accepts the culture which symbolizes unwritten behavioural
aspects of the organization. But, the culture controls the organizational life without getting noticed Daft, 2000:
314). In the world of modern management, the culture which has become a main area of interest at the same
level with strategy, structure and control is the characteristics of organizations, not individuals‘. But, it is
measured by individuals‘ actual and intellectual behaviour (Hofstede, 1998: 479).
Understanding the organizational culture and its dynamics, it makes meaningless and unusual human
behaviour faced in the organization meaningful (Schein, 1992: 4) and allow us to understand how the
organization works in reality (Wilkins, 1983: 25).

Demographics Characteristics, Organization Culture And Their Relationship
Culture of an organization is formed by artifacts, espoused values and basic assumptions and is unique
(Schein, 1992). This is because each organization is formed by different people. In addition, in an organization,
perceptions of the enacted organizational culture are not uniform among employees, as every individual has a
unique understanding and explanation of his/her working conditions, based on his/her own characteristics,
preferences and personality‖ (Bellou,2010: 5).
Demographic characteristics of employees are one of the factors which play an important role in
employees‘ organizational culture perception. In the literature, there has been studies indicating that employees‘
perception of organizational culture differs according to their demographic characteristics such as gender, age,
education level, work experience (Hofstede et al.1990; Helms ve Stern, 2001; Bellou, 2010). For example,
Hofstede et.al. (1990), who claim that the shared perceptions of daily practices are the core of organizational
culture, declare that the values of employees change depending on the nationality, age and education level.
Helms ve Stern (2001), on the other hand, state in a study conducted in different branches of a hospital group as
a service enterprise that the background of employees and sectoral work experience affect the organizational
culture more than the experience acquired in work place. The same study also indicates that there are significant
differences between the cultural perception and age groups in particular, gender and ethnic background, there is
not much difference between the duration of work experience in the organization and organizational culture
perception and there is no relationship between the department of employees and organizational culture
perception. Bellou (2010) who conducted a research on organizational culture as a determinant of job
satisfaction emphasizes that age and gender are determining factor in perception of organizational culture values.
In this context, the study tries to find an answer to the following question; ―does the perception of
organizational culture differ according to employees‘ demographic characteristics in service enterprises?
Hypotheses were developed to answer the basic research question and in development of these research
hypotheses, Helms &amp; Stern‘s (2001) study was taken as a reference study.
The ways male and female employees fulfill their work and communicate are different in an organzation.
Similarly, decision making and leadership styles indicate differences between male an female employees and
managers. Therefore, organizational culture perception difference is expected depending on employees‘ gender.
H1. Employees' perceptions of organizational culture may vary according to gender.

199

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo
Age is a determinant in formation of employees‘ experience. In addition, hayat görüĢleri (life views) ans
communication and consequently values of employees at the same age group are similar. For this reason, it is
expected that employees‘ perception of organizational culture at different age groups will indicate differences.
H2. Employees' perceptions of organizational culture may vary according to age groups
Organizational culture is a subject which contains different elements and related to values. Therefore, it
requires cumulative knowledge and conceptual perspective. Level of education is a important determinant in
development of conceptual perspective. Therefore, it is expected that employees‘ perception of organizational
culture will indicate differences according to their education level.
H3. Employees' perceptions of organizational culture may vary according to level of education
The experience acquired in the sector provides information to managers and employees about how the
processes of their work and style of conducting the work should be. Consequently, they understand which values
should form the values, aware of and understand their importance. From this perspective, it is expected that
employees‘ perception of organizational culture will indicate differences according to their sectoral work
experience.
H4. Employees' perceptions of organizational culture may vary according to their duration sectoral
work experience.
Learning and adaptation process to the culture requires a certain time. Therefore, existence of
organizational culture perception difference between employees who have worked longer in an organization and
who have worked shorter is an expected result.
H5. Employees' perceptions of organizational culture may vary according to their duration of work
experience in the organization.

The Study
Research was carried out in an accommodation enterprise as part of tourism industry and consequently
service sector. The thermal hotel is located in Afyonkarahisar Omer-Gecek Thermal Tourism Region. It is one of
the largest hotel in the region and in Turkey and in operation since 2006. The hotel provides services to its
customers on half board service base and operates all year round. While the hotel provides services with 250
employees during the high season, only 120 employees are employed in spring season which is accepted as the
off-season.
Observation and interviews as qualitative methods (Smircich, 1983) are widely accepted and preferred
research tools by researchers in measuring the organizational culture and understanding the artifacts of culture.
Nevertheless, it may be possible that employees may behave differently and reply the questions used in these
methods in the way that the observer expects or the observer may exhibit biased behaviour in his/her
observations. On the other hand, quantitative methods provide instantaneous (cross-sectional), explanatory and
descriptive benefits for organizational research and large scale studies. Quantitative methods allow culture
researchers to examine culture in different departments and conduct comparative studies (Tepeci, 2001).
In this context, a questionnaire was used as a data collection tool to find out employees organization
culture perceptions. In the study, ―Organizational Culture Questonnaire‖ which was developed and its validity
and reliability was tested by Hee-Jae Cho‘s (2010) was used. Questionnaire consists of 60 judgements.
Organizational culture in the questionnaire consist of four main factors; involvement, consistency, adaptability,
and mission. Each main factor that makes up the questionnaire includes three sub-factors which each contain five
questions describing themselves. Five-scale Likert type scale was used in the study. Questions include ―1
strongly disagree‖, ―2 disagree‖, ―3 Neutral‖, ―4 agree‖, ―5 strongly agree‖ options. Employees‘ demographic
characteristics consist of gender, age, education level, duration of sectoral experience and duration work
experince at the hotel.
Questionnaire was administered at the beginning of May 2010. Because spring season is the off-season fort he
hotel, 120 questionnaires were distributed to the employees and 99 questionnaires were returned. The data
obtained through the questionnaire was analysed by using SPSS 18.0 statitics package software. In the statistical
analysis, T-test and Anova variance analysis were used.

200

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

Findings
The demographic data obtained indicate that the hotel has a very young workforce regarding their age
groups. 91.8% of the employees who participated in the survey are under the age of 40. It is observed that 56.1%
of respondents are male and the remaining 43.9% are female. Almost half of the employees employed by the
hotel have high school level of education (46.9). The percentage of employees who received elementary level
education is 30.2%. While 60.6% of the employees have more than two years of sectoral experience, 35.5% of
whom have worked at this thermal hotel for at least three years. When this data is assessed, it can be said that the
hotel has employed young but experienced employees. Besides, because most of the employees are permanent
employees and have worked for the organization for at least three years, this contributes to this rearch to obtain
reliable data related to the organizational culture values and hypothesis. The research method should comprise
the reliability and validity features so that it can produce meaningful and reliable results. The consistency
between independent measurements of the same thing, shows the reliability of the research method. Reliability
analysis results: The full scale reliabilty coefficient was determined as  = 0,980 which is quite high. Sub-factor
groups‘ reliabilty coefficient was found as; Involvement  = 0,942, Consistency;  = 0,929, Adaptability;  =
0,920, Mission;  = 0,953 which are also at quite high level. Demogrphic variables subject to analysis are
ranked a gender, age, duration of work in the sector, and duration of work at the hotel.
Gender
As shown in Table 1, employees' perceptions of organizational culture indicate significant differences
within the confidence intervals (p&lt;0.05) depending on their gender. It is observed that the differences in
perceptions of organizational culture stems from the male employees. According to this result, the hypothesis of
―employees' perceptions of organizational culture may vary according to gender‖ is confirmed H1.

Gender
Female

Male

122

280

VARIABLES

X
Involvement
Consistency
Adabtability
Mission
Culture

3,7767
3,7442
3,6729
3,7178
3,7279

SS
,75717
,71948
,65527
,74831
,67402

_
X
4,0933
3,9869
3,9714
4,0488
4,0136

t-TEST RESULTS

SS
,60771
,64025
,65405
,71515
,62581

t value
-2,297
-1,772
-2,249
-2,237
-2,168

p value
,024
0,080
0,027
0,028
0,033

Table 1: t-Test findings related to employees' perceptions of organizational culture by gender
Age
When the organizational perceptions of employees are evaluated according to age groups within the
confidence interval (p&lt;0.05), significant differences between consistency, adaptability and mission as
organizational culture and sub-factors are observed (Table 2). But, as a sub-factor, no significant difference is
seen in involvement. Differences in perceptions of organizational culture become prominent in older ages.
Although no significant differences are observed in 15-20 age group, 30 and over age groups indicated
significant differences. According to this result, the hypothesis of ―employees' perceptions of organizational
culture may vary according to age groups‖ is also confirmed H2.

Education
As shown in Table 1, employees' perceptions of organizational culture indicate significant differences
within the confidence intervals (p&lt;0.05) depending on their level of education. Differences in perceptions of
organizational culture become more evident in upper education levels. According to this result, the hypothesis of
―employees' perceptions of organizational culture may vary according to level of education‖ is confirmed H3.

201

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo
VARIABLES

Involvement

Consistency

F Value

Significance Level

2,147

2,726

0,099

Source of Difference
15-20
21-29
30-39

Significance Level
0,098
0,051
0,014

0,048

40-49
15-20
21-29
30-39

0,014
0,147
0,014
0,006

40-49
0,006
15-20
0,202
21-29
0,009
Adabtability
3,046
0,032
30-39
0,005
40-49
0,005
15-20
0,189
21-29
0,016
Mission
2,698
0,050
30-39
0,007
40-49
0,007
15-20
0,080
21-29
0,013
Culture
2,865
0,041
30-39
0,005
40-49
0,005
Table 2: One-Way ANOVA analysis findings related to employees' perceptions of organizational
culture by age groups
VARIABLES
Involvement

F Value
5,768

Significance Level

Source of Difference

Significance Level

,004

Primary
High School

,842
,003

University
Primary
High School
University
Primary
High School
University
Primary
High School

,003
,245
,010
,001
,659
,006
,006
,976
,003

University
Primary

,003
,567

High School
University

,004
,004

Consistency

6,173

,003

Adaptability

5,188

,007

5,277

,007

Mission

Culture

6,021

,003

Table 3: One-Way ANOVA analysis findings related to employees' perceptions of
organizational culture by level of education
Tenure
According to One-Way ANOVA analysis results, which aims to measure the differentiation in
organizational culture perceptions depending on the duration of sectoral work experience, no significant
difference is found within the confidence interval (p&lt;0.05). Therefore, the hypothesis of ―Employees'
perceptions of organizational culture may vary according to their duration sectoral work experience‖ is rejected
H4.
Tenure in the organization
One-Way ANOVA analysis results based on the duration of work experience in the organization do not indicate
significant differences within the confidence interval (p&lt;0.05). Thus, the hypothesis of ―Employees' perceptions

202

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo
of organizational culture may vary according to their duration of work experience in the organization‖ is rejected
H5.

Conclusions
The results of the study reveal that demographic characteristis are determinant factors in organizational
culture perceptions. Significant differences are observed in particular between the perception of organizational
culture and gender, age (except for involvement) and education level. However, no significant differences appear
between the perception of organizational culture and the duration of work experience in the secto and in the
organization. When the findings of the study are compared to other studies conducted before, despite the
existence of some differences, the study reveals similar results with others (Hofstede et al.1990; Helms ve Stern,
2001; Bellou, 2010). For instance, Hofstede et.al. (1990) state that the values of employees indicate differences
according to their age and level of education. Helms &amp; Stern (2001) and Bellou (2010), on the other hand,
emphasise the existence of significant differences between the organizational culture perception and age and
gender. Although Helms and Stern determined meaningful differences, even they are small, between duration of
work experience in the sector and in the organisation and organizational culture perceptions, no significant
differences are observed in this study.
This study has some limitations. The most important of which the research is conducted in only one hotel. This
does not allow reserachers to generalize the findings to all thermal hotels. When the overall number of
employees is taken into consideration, the inadequate number of respondents is another limitation. Repeating the
study in similar thermal hotels working in similar environment and other kind of hotels working in different
locations and environments (seaside, mountain resort, city hotels) will make the effects of demographic
characteristics on organizational culture perception more prominent.

References
Bellou, V., (2010). Organizational culture as a predictor of job satisfaction: the role of gender and age, Career Development
Journal, 15 (1), 4-19.
Cho, H.J., (2010). The validity and reliability of the organizational culture questionnaire
http://www.denisonculture.com/articles/validity.pdf- (25.04.2010)
Daft, R.L. (2000). Organization theory and design. 7.Ed., South-Western Publishing, Ohio-USA.
Helms, M.M. &amp; Stern, R., (2001). Exploring the factors that influence employees‘ perceptions of their organization‘s culture.
Journal of Management in Medicine, 15 (6), 415-429.
Hodgetts, R.M. &amp; Luthans, F. (2000). International management, culture, strategy and behavior, 4.Ed., McGraw-Hill, USA.
Hofstede, G., Neuijen, B., Ohayv, D.D., &amp; Sanders, G., (1990). Measuring organizational cultures: a qualitative and
quantitative study across twenty cases, Administrative Science Quarterly, 35 (2), 286-316.
Hofstede, G. (1991). Culture and organizations: The Software of The Mind, McGraw-Hill, NY.
Hofstede, G., (1998). Attitudes, values and organizational culture: Disentangling the concepts, Organization Studies, 19 (3),
477-492.
Kotter, J. P. &amp; Heskett, J. L. (1992). Corporate culture and performance, The Free Press, NY.
Kilmann, R.H., Saxton, M.J., &amp; Serpa, R., (1986). Issues in understanding and changing culture, California Management
Review, 28 (2), 87-94.
Özkara, B. (1999). Evrimci ve devrimci örgütsel değiĢim, Afyon Kocatepe Üniversitesi, Afyon.
Pool, S. W., (2000). Organizational culture and its relationship between job tension in measuring outcomes among business
executives, Journal of Management Development, 19 (1), 32-49.
Recardo, R., &amp; Jolly, J., (1997). Organizational culture and teams, SAM Advanced Management Journal, Spring, 4-7.
Riegle, R.F., (2001). Measuring organic and mechanistic cultures, Engineering Management Journal, 13 (4), 3-8.
Sadri, G., &amp; Lees, B., (2001). Developing corporate culture as a competitive advantage, Journal of Management Development,
20 (10), 853-859.

203

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

Schein, E.H. (1992). Organizational culture and leadership. 2. Ed., Jossey Bass Publishers. San Fransisco.
Simpson, S., &amp; Cacioppe, R., (2001). Unwritten ground rules: transforming organizations culture to achieve key business
objectives and outstanding customer service, Leadership &amp; Organization Development Journal, 22 (8), 394-401.
Smircich, L., (1983). Concepts of culture and organizational analysis, Administrative Science Quarterly, 28,

339-358.

Tepeci, M., (2001). The effect of personal values, organizational culture, and person-organization fit on individual outcomes
in the restaurant ındustry, Thesis for The Degree of Doctor of Philosopy, Penn State University.
Vanderberghe, C., (1999), Organizational culture, person-culture fit, and turnover: A replication in the health care ındustry,
Journal of Organizational Behavior, 20, 175-184.
Weick, K.E., (1987) Organizational culture as a source of high reliability, California Management Review, 29 (2), 112-127.
Wilkins, A.L., (1983). The culture audit: A tool for understanding organizations, Organizational Dynamics, Autumn, 24-38.

204

�</text>
                  </elementText>
                </elementTextContainer>
              </element>
            </elementContainer>
          </elementSet>
        </elementSetContainer>
      </file>
    </fileContainer>
    <elementSetContainer>
      <elementSet elementSetId="1">
        <name>Dublin Core</name>
        <description>The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.</description>
        <elementContainer>
          <element elementId="79">
            <name>Extent</name>
            <description>The size or duration of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="24030">
                <text>155</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="50">
            <name>Title</name>
            <description>A name given to the resource</description>
            <elementTextContainer>
              <elementText elementTextId="24031">
                <text>The Effects of Employees' Demographic Characteristics on the Perception  of Organizational Culture: A Study in Service Enterprise</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="96">
            <name>Author</name>
            <description>Author</description>
            <elementTextContainer>
              <elementText elementTextId="24032">
                <text>SAYLI, Halil
BAYTOK, Ahmet
SOYBALI, Hasan Hüseyin</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="94">
            <name>Abstract</name>
            <description>A summary of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="24033">
                <text>This study aims to evaluate the service sector employees‘ perception of  organizational culture from the demographic characteristics perspective. The research was  conducted in a Ministry of Culture and Tourism Licensed five-star thermal hotel in  Afyonkarahisar, Turkey. In scope of this study, a questionnaire was developed and applied to  thermal hotel employees. The data collected through the questionnaire survey was analysed  by using SPSS 18.0 statistics package software and the relationship between factors which  creates the organizational culture and demographic characteristics of employees such as age,  gender, education level and duration of experience both in the sector and in the hotel was  examined. From the hypothesis developed it was observed that while differences exist  between organizational culture perception and gender, age and education level, there are no  differences between organizational culture perception and duration of experience both in the  sector and in the hotel.</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
            <elementTextContainer>
              <elementText elementTextId="24034">
                <text>2010-06</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="97">
            <name>Keywords</name>
            <description>Keywords.</description>
            <elementTextContainer>
              <elementText elementTextId="24035">
                <text>Conference or Workshop Item
PeerReviewed</text>
              </elementText>
            </elementTextContainer>
          </element>
        </elementContainer>
      </elementSet>
    </elementSetContainer>
    <tagContainer>
      <tag tagId="7">
        <name>HB Economic Theory</name>
      </tag>
    </tagContainer>
  </item>
  <item itemId="1609" public="1" featured="0">
    <fileContainer>
      <file fileId="2224">
        <src>https://omeka.ibu.edu.ba/files/original/7e9de4ba648ba151f3e63ce7d7c700cb.pdf</src>
        <authentication>7bb9ce2fba288d4c01b049302bd5cca6</authentication>
        <elementSetContainer>
          <elementSet elementSetId="4">
            <name>PDF Text</name>
            <description/>
            <elementContainer>
              <element elementId="52">
                <name>Text</name>
                <description/>
                <elementTextContainer>
                  <elementText elementTextId="13080">
                    <text>International Conference on Economic and Social Studies, 10-11 May, 2013, Sarajevo

The Effects of European Debt Crisis on the Budget
Deficits and Debt Stocks of Developing Countries
Hüseyin Güçlü Çiçek
Süleyman Demirel University, Isparta, Turkey
huseyincicek@sdu.edu.tr
Süleyman Dikmen
Süleyman Demirel University, Isparta, Turkey
The crisis that had started in the US real estate market in 2007 spread to
the other countries of the world particularly with the strong financial
relations channel and turned into a global fiscal and real sector crisis. The
adverse effects of the crisis were significantly experienced in the EU. The
preliminary effects of the crisis were experienced in the weakest link,
Greece and spread to the other EU countries. The crisis caused budget
deficits and debt stocks to reach crucial levels and put risks on the
sustainability of public finance in Greece, Italia, Spain, Ireland and Portugal.
Developing countries have strong financial links with European countries
and the debt crisis burst in Europe has spread to developing countries.
European debt crisis has affected developing countries through three
different channels: financial contagion, Europe’s fiscal consolidation
effects, and exchange rate effects. In the study, the effects of the crisis on
the budget deficit and debt stock of developing countries are examined
through chosen country samples. Furthermore the fiscal effects of the
crisis on developing countries are compared. The fundamental hypothesis
of the study is that developing countries have affected from the crises less
than developed countries, developing countries are still the basic
determinant of global growth; but the crisis has retarded this growth. On
the other hand, it is thought that, the decrease in the public expenditure of
developed countries has caused financial resources that are reserved for
supporting the development of underdeveloped and developing countries
to diminish.
Two basic financial indicators of the Maastricht Criteria are the debt to
GDP and fiscal deficit to GDP ratios. These two indicators are for the
assurance of fiscal stability. Those countries that experienced the crisis
mostly could not meet these two criteria. In order to ensure budget
stability, developing countries were more successful in maintaining the
rates of debt to GDP and budget deficit to GDP around certain levels. This
162

�International Conference on Economic and Social Studies, 10-11 May, 2013, Sarajevo

success is quite crucial for accomplishing significant and sustainable public
finance policies. In addition it is observed that the duration of crisis periods
in developing European countries is longer than other developing
countries. The debt stocks of European countries caused crisis to last
longer in the developing countries of the region.
Keywords: Budget Deficit, Debt Stock, Developing Countries, European
Debt Crisis, Fiscal Stability.

163

�</text>
                  </elementText>
                </elementTextContainer>
              </element>
            </elementContainer>
          </elementSet>
        </elementSetContainer>
      </file>
    </fileContainer>
    <elementSetContainer>
      <elementSet elementSetId="1">
        <name>Dublin Core</name>
        <description>The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.</description>
        <elementContainer>
          <element elementId="79">
            <name>Extent</name>
            <description>The size or duration of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="13072">
                <text>1648</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="50">
            <name>Title</name>
            <description>A name given to the resource</description>
            <elementTextContainer>
              <elementText elementTextId="13073">
                <text>The Effects of European Debt Crisis on the Budget  Deficits and Debt Stocks of Developing Countries</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="96">
            <name>Author</name>
            <description>Author</description>
            <elementTextContainer>
              <elementText elementTextId="13074">
                <text>GUCLU CICEK, Huseyin
DIKMEN, Suleyman</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="94">
            <name>Abstract</name>
            <description>A summary of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="13075">
                <text>The crisis that had started in the US real estate market in 2007 spread to  the other countries of the world particularly with the strong financial  relations channel and turned into a global fiscal and real sector crisis. The  adverse effects of the crisis were significantly experienced in the EU. The  preliminary effects of the crisis were experienced in the weakest link,  Greece and spread to the other EU countries. The crisis caused budget  deficits and debt stocks to reach crucial levels and put risks on the  sustainability of public finance in Greece, Italia, Spain, Ireland and Portugal.  Developing countries have strong financial links with European countries  and the debt crisis burst in Europe has spread to developing countries.  European debt crisis has affected developing countries through three  different channels: financial contagion, Europe’s fiscal consolidation  effects, and exchange rate effects. In the study, the effects of the crisis on  the budget deficit and debt stock of developing countries are examined  through chosen country samples. Furthermore the fiscal effects of the  crisis on developing countries are compared. The fundamental hypothesis  of the study is that developing countries have affected from the crises less  than developed countries, developing countries are still the basic  determinant of global growth; but the crisis has retarded this growth. On  the other hand, it is thought that, the decrease in the public expenditure of  developed countries has caused financial resources that are reserved for  supporting the development of underdeveloped and developing countries  to diminish.  Two basic financial indicators of the Maastricht Criteria are the debt to  GDP and fiscal deficit to GDP ratios. These two indicators are for the  assurance of fiscal stability. Those countries that experienced the crisis  mostly could not meet these two criteria. In order to ensure budget  stability, developing countries were more successful in maintaining the  rates of debt to GDP and budget deficit to GDP around certain levels. This success is quite crucial for accomplishing significant and sustainable public  finance policies. In addition it is observed that the duration of crisis periods  in developing European countries is longer than other developing  countries. The debt stocks of European countries caused crisis to last  longer in the developing countries of the region.  Keywords: Budget Deficit, Debt Stock, Developing Countries, European  Debt Crisis, Fiscal Stability.</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="45">
            <name>Publisher</name>
            <description>An entity responsible for making the resource available</description>
            <elementTextContainer>
              <elementText elementTextId="13076">
                <text>International Burch University</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
            <elementTextContainer>
              <elementText elementTextId="13077">
                <text>2013-05-10</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="97">
            <name>Keywords</name>
            <description>Keywords.</description>
            <elementTextContainer>
              <elementText elementTextId="13078">
                <text>Article
PeerReviewed</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="43">
            <name>Identifier</name>
            <description>An unambiguous reference to the resource within a given context</description>
            <elementTextContainer>
              <elementText elementTextId="13079">
                <text>ISSN 2303-4564     </text>
              </elementText>
            </elementTextContainer>
          </element>
        </elementContainer>
      </elementSet>
    </elementSetContainer>
  </item>
  <item itemId="245" public="1" featured="0">
    <fileContainer>
      <file fileId="243">
        <src>https://omeka.ibu.edu.ba/files/original/43ac604140166a423d1f160b7537e33f.pdf</src>
        <authentication>809c0c05604f7e21080d7fab4ea13105</authentication>
        <elementSetContainer>
          <elementSet elementSetId="4">
            <name>PDF Text</name>
            <description/>
            <elementContainer>
              <element elementId="52">
                <name>Text</name>
                <description/>
                <elementTextContainer>
                  <elementText elementTextId="1854">
                    <text>THE EFFECTS OF FAMILY AND NURSERY COOPERATION
IN THE NORTH SANDZAK REGION
Zehra Hasanović
International University of Novi Pazar
Serbia
zehra.hasanovic@live.com
Summary: For normal growth and development of a child, particular, is cooperation of
preschool institution (nursery, infant nursery) and family (parents). Better cooperation
of these two institutions, the way of harmonization educational influence with individual
and group contacts are opened. Objectives of this cooperation is better informing to
stay of children in family and preschool institution was more substantial. Results of this
research will be support to better solving of these problems, and it will open possibilities
for getting acquainted all protagonists of this process with possibilities and perspectives
for building strong connections and relations between family (parents) and preschool
institutions (preschool teachers). The research on theme “The effects of family and
nursery cooperation in the North Sandzak region” ,was realized in preschool institutions
on the North Sandzak region (Novi Pazar, Sjenica, Tutin, Prijepolje). In the research
participated 140 examinees, 80 parents of the children attending preschool institution
and 60 preschool teachers who are employees of preschool institutions.
Key words: cooperation, family, nursery, child, partnership
Introduction
In order to achieve a direct cooperation, special responsibility is on teachers, (but
also on preschool teachers, psychologists, social workers and medical personnel). The
same responsibility in the process of establishing good cooperation between families
and preschools is on parents who are obliged, among other things, to make preschool
teachers familiar about the status and activities of the child in the family, about the
conditions of child’s life and work, the abilities and possibilities of its development in
the family. Good and bad opportunities in the family are often the cause of the child’s
special features in behavior which is a clear sign that the child needs the support and
assistance. Parents will provide the necessary information to the preschool teachers in
order to avoid the possibility of insincere or imagined children’s stories about the real
situation in the family. Thus, parents and teachers together are obliged to exchange
opinions about the child and his behavior, in order to overcome inappropriate
behavior of a child. Parents and teachers will communicate during individual parentteacher meetings, visits to the parental home, and through adequate educational
seminars and forums. The most common form of cooperation of the family (parents)
and preschools (nursery schools) is individual informing that takes place during the
meetings of preschool teachers and parents when they meet each other in person
and exchange the necessary information and agree on methods and contents of the
joint work of each of these institutions.

ICESoS 2016 - Proceedings Book 193

�International Conference on Economic and Social Studies (ICESoS’16)
With the cooperation, both sides are getting close to each other, they talk, they learn
and create a joint strategy with the aim of better growth and development of the child.
The teacher and parents on both sides gain experience based on the experiences of
the other. Preschools should work on a constant conversations with the family of a
child who goes to preschool, which will mean a lot for a child.
The teacher will look for reasons and initiate a visit to the child’s home, during occassions
such as illness or family member, the enlargement of the family and so on. When visiting
the home of the child, teacher will have the opportunity to get to know the conditions
in which the child resides and develops, and finally meet the child’s family.
In the overall life and work (content) of the preschools, the relationship (cooperation)
between the preschools and schools is significant in order for a child to have less painful
transition from preschool to school environment.
The continuous monitoring of the child’s vertical development is developing and
strengthening cooperation between preschool teachers and teachers of the class
teaching school the child will attend after their stay in preschool. It can be direct or
indirect.
First, a direct cooperation between preschools and schools needs to be realized,
and then the level of cooperation reduces down to preschool teachers and school
teachers who will take over the child out of preschool in the next year. The cooperation
is achieved in a way that school teachers organize joint visits to old school educational
groups and share their experiences about the problems that are common. On the
other hand, school teachers can organize visits to preschools (nursery schools) with
the aim of exchanging experiences on issues of common interest for children who are
students of the school, and previously stayed in the preschool.
With such cooperation, preschool teachers acquire the necessary experience to
contribute to their quality of work, and on the other hand, teachers in schools get to
know children better, as well as the forms and methods of work in preschools.
Society, community, and especially parents expect from educational institutions for
children of preschool age to be open to the educational environment, including in
its scope of work of all the factors of society who show interest, and family as well.
Therefore, we believe that cooperation (partnership) of the preschools and family is
very important in order to achieve, above all, unified educational influence in the way
of the planned program content. In the large part of their daily activities, child remains
within the family that leaves a strong influence on its development. The influence of
the family does not stop regardless of the absence of the family, and its presence
remains in the preschool upbringing and educational institutions.
The importance of cooperation between the family and preschool institutions
Society, community, and especially parents, expect from educational institutions for
education of children of preschool age to be open to the educational environment,
including in its scope of work of all the factors of society who show interest, and family
as well. Therefore, we believe that cooperation (partnership) of the preschools and
family is very important in order to achieve, above all, unified educational influence
in the way of the planned program content. In the large part of their daily activities,
child remains within the family that leaves a strong influence on its development. The
influence of the family does not stop regardless of the absence of the family, and its
194 ICESoS 2016 - Proceedings Book

�Regional Economic Development: Entrepreneurship and Innovation
presence remains in the preschool upbringing and educational institutions.
How much success we will have in the upbringing of the child largely depends on
the compliance of corrective actions of the families and preschool institutions. Noncompliance and non-cooperation of the two institutions (family and preschools) can
result in a lack of proper development of the child and the inability to set the society
goals. Only joint action, working together of families and preschools can result in a
positive outcome recognized in the substantial achievements of preschool education.
Upbringing activity in preschools must not be a substitute for family, but should stand for
continuity in the upbringing of the child. Educational work in the family should provide
support to the family and the two environments should have unique requirements that
will be put in front of a child. In order to prevent the upbringing imbalance, the two
institutions must cooperate directly.
Preschool institution is more organized than family, more comprehensive and more
professional. Programming work and expertise of educational staff is a characteristic
of education of children in preschool institutions. But the family certainly achieves a
particular impact on preschool institution. It is therefore important to introduce the
family (parents) with the program content, content, goals and objectives and the
overall possibilities of educational work in preschool, so that parents can be able to
define their goals. Family (parents) in different ways can provide help and support to
preschool in the realization of the planned program content. For Stevanovic (2001), this
help can be identified in familiarizing teachers with the “basic terms of temperament
and habits of the child, interpreting its cultural, civilizational and value judgments that
they want to convey to the child, suggest program content, assist in the development
of appropriate teaching materials and directly participate in the implementation of
certain program content. “ (Stevanovic, 2001, p. 137)
The ability of teachers to ensure cooperation with parents of the children who go to
preschool and to earn the trust of parents as a way of mutual understanding is of a
particular importance. Kamenov (1999) considers that “parents have more benefits
from cooperation with the preschool institution if they are not prone to get involved in
its life and work, and even if they get involved, their presence can create the problem
to the preschool teacher, because he\she has to share the attention between the
children he\she is primarily responsible for, and parents who need help in order to
successfully manage within the terms of preschool institutions “(Woodhead, 1979.
According to E. Kamenovo 1999)
According to Omerovic, successful cooperation of parents and teachers is “contributed
by the human qualities which every preschool teacher should possess, ability to grasp
the deeper meaning, empathy and tolerance. Since preschool institution is the first
one with which parents establish cooperation to ensure proper upbringing of their
child, it is one more reason for its successful functioning“.
Research methodology
The base of the realization of the object in this study is the attitudes of parents and
preschool teachers regarding the parental cooperation with the preschool in the
North Sandzak. Thus, the subject of this study is to research, analyze and to present the
following views:
a) The views of parents about the communication of parents and preschool
teachers, about the need to exchange information about the child with respect
ICESoS 2016 - Proceedings Book 195

�International Conference on Economic and Social Studies (ICESoS’16)
to gender, age and place of residence, on the participation of parents at
parent-teacher conferences, their participation in deciding important issues of
preschool, all in regards of their gender, age and place of residence.
b) The views of preschool teachers regarding the communication of parents and
preschool teachers, about the need to exchange information about the child, on
the participation of parents at parent-teacher conferences, their participation
in deciding important issues of preschool, all in regards of their gender, age and
place of residence.
The main hypothesis: There is no statistically significant difference in the perception of
parents and preschool teachers to parental cooperation with the preschools within the
area of the North Sandzak.
Research Techniques
The techniques used in this research are:
-

Analysis of the pedagogical documentation
Interviewing
Scaling
Statistical analysis of the data. The software package SPSS 16.0 (Statiscical
Package of Social Sciences-for Windows).

Research Instruments
During this study a questionnaire and Likert five-point scale assessment were used.
The questionnaire contains closed questions with multiple choice, from which we see
gender, age, educational background and work experience, and with the scale of
assessment we got answers that led us to the factors of cooperation of the family and
preschool (nursery schools), communication of parents and preschool teachers, ability
to provide good information for parents, participation in parent-teacher conferences,
parental participation in the activities of the preschool, as well as issues that are
involved because of the insufficient cooperation of teachers and parents.
The sample
The sample comprised 60 teachers from preschools (nursery schools) from the
municipalities of Novi Pazar, Sjenica, Tutin, Prijepolje, and 80 parents of children in
preschools (nursery schools) from the territory of the same municipalities.
Analyis and interpretation of the research results
Checking the reliability of the scale according to the assessment of parents, from
the 7 indicators of communication of the parents with preschool Table 1 Cronbach’s
coeffici ALPHA = 0.751, indicates a good reliability and internal approval of the scale
for this sample of respondents, regardless of measuring gauge having less than 10
items. The average value of the correlation between pairs ofthe value of the scale is
0.39 (optimum between 0.20 and 0.40).

196 ICESoS 2016 - Proceedings Book

�Regional Economic Development: Entrepreneurship and Innovation
Table 1: Measures of central tendency, variability and distribution of the frequency
features of communication of parents with preschool teacher.
1

2

3

4

5

Indicator

N

M

SD

)%(

)%(

)%(

)%(

)%(

KRSU1

80

4,59

74,

2,60

0,00

0,00

31,20

66,20

KRSU2

80

4,46

75,

0,00

3,80

3,80

35,00

57,40

KRSU3

80

4,64

51,

0,00

0,00

1,20

33,80

65,00

KRSU4

80

4,64

53,

0,00

0,00

2,60

31,20

66,20

KRSU5

80

4,58

50,

0,00

0,00

0,00

42,50

57,50

KRSU6

80

3,79

1,36

8,80

13,80

10,00

25,00

42,40

KRSU7

80

4,02

1,07

5,00

5,00

10,00

42,50

37,50

A calculated arithmetic mean (M) of all indicators of 4.39 indicates that the
communication of parents with preschool teachers, as assessed by parents, is very
important. The value of the standard deviation (SD) of 0.78 indicates that the scattering
around the arithmetic mean is very little, as confirmed by the coefficient of variation
(CV) of 17.77 and thus confirms a very good homogeneity of the results for this sample
of respondents.
With the analysis of the results in Table 1 we can see that parents respond mainly with
4 and 5 (agree and strongly agree), while two parents (2.60%) did not agree with this
assertion. Therefore, we conclude that the respondents (parents) in the vast majority
believe that the teacher is always ready to listen to parents and that parents can talk
openly with a preschool teacher about the child.
The analysis of the results in Table 1 shows that parents mostly responded with the
answer given under number 5 (strongly agree -57.40%), therefore most of them are
satisfied with informing on the progress of the child by teachers, 35.00% agree, while
3.80 % of parents had no opinion (neutral), and 3.80% of parents do not agree with
this assertion. Therefore, we conclude that respondents (parents) mostly believe that
parents are kept continually informed of the progress of their child.
The analysis of the results in Table 1 shows that parents mostly gave an answer under
number 5 (strongly agree) (65.00%), 33.80% of parents agree with this assertion, a
small number of parents (1.20%) is neutral (no opinion) on topics related to their child.
Therefore, we conclude that parents respect the opinion of teachers on topics related
to their child.
The analysis of the results in Table 1 shows that most of the parents answered with
number 5 (66.20%), 31.20% of them agree, 2.60% is neutral. Therefore, we conclude
that parents mostly believe that the teacher is ready to listen to parents and to talk to
them openly.

ICESoS 2016 - Proceedings Book 197

�International Conference on Economic and Social Studies (ICESoS’16)
The analysis of the results in Table 1 shows that most parents answered with number 5
(57.50%), 42.50% of them agree with this assertion. Therefore, we conclude that parents
mostly believe that the teacher respects the opinion of the parents of the child.
The analysis of the results in Table 1 shows that the majority of parents (42.40%) totally
agree that they preschool teacher calls them only when a problem arises, 25.00% of
them agree, 10.00% is neutral, 13.80% disagree and 8.80% of them do not at all agree
that the preschool teacher contacts them only when a problem occurs. Therefore,
we conclude that the majority of respondents believe that the preschool teacher
contacts them only when a problem occurs.
The analysis of the results in Table 1 shows that the majority of parents (42.50%) agree
that preschool teacher sees them as partners, 37.50% fully agree, 10.00% of the
parents is neutral (no opinion), 5.00% disagrees and 5.00% do not at all agree that the
preschool teacher sees them as partners. Therefore, we conclude that the majority of
respondents believe that the preschool teacher sees parents as partners.
T-test
Table 2: Communication of the parents with the preschool teacher

Parameters

KRSUZ

gender

N

M

SD

M

23

4,31

50,

Ž

57

4,42

54,

Razl. M

-,11

F

.Sig

.t-value

.Sig

,156

,694

-,826

,411

The value of t = -, 826 and its significance Sig. = 411 show that there is no statistically
significant difference between the attitudes of parents in regards to their gender in the
perceptions of communication of the parents and preschool teachers. So, based on
the results we conclude that the sub-hypotheses confirmes that there is no statistically
significant difference, as estimated by the parents, regarding the communication of
parents and teachers in regards to gender, age and education level.
ANOVA
Table 3: The views of parents about the communication with the preschool
teacher –F-test
Parameter

N

df

F

.Sig

Communication

80

3

2,646

,055

The value of F-test and its significance (Sig.) show that there is no statistically significant
difference between the parents in terms of age.

198 ICESoS 2016 - Proceedings Book

�Regional Economic Development: Entrepreneurship and Innovation
Table 4: The views of parents on communicating with the preschool teacher comparing significance
AGE

MD

SE

.SIG

-,756*

,370

,045

-,958*

,376

,013

-,905*

,418

,034

,756*

,370

,045

36-45

-,202

,125

,109

46-55

-,149

,223

,505

,958*

,376

,013

,202

,125

,109

26-35

18-25

36-45
46-55
18-25

18-25

26-35

36-45

35 2646-55

,053

,231

,820

,905*

,418

,034

26-35

,149

,223

,505

36-45

-,053

,231

,820

18-25

46-55

Note: The level of significance from 0,05
* - there is a statistically significant difference at the level of p &lt; 0,05

Based on the results from the Table 4 we can see that there are significant differences
between the age groups of 18-25 years and 26-35 years, between 18-25 and 3645 years, and between 18-25 and 46-55 years when it comes to communication of
parents with the preschool teacher. The difference between the other age groups
was not statistically significant. Thus, we can conclude that sub-hypotheses is partially
confirmed, saying that there is no statistically significant difference, as estimated by
the parents, in the communication of parents and teachers with respect to gender,
age and education level
Table 5: F-test in regards to the level of education
Parameter

N

Df

F

.Sig

Communication

80

4

,704

,592

With the analysis of Table 5 we can see that there is no statistically significant difference
between respondents according to education level when it comes to the first subhypotheses.

ICESoS 2016 - Proceedings Book 199

�International Conference on Economic and Social Studies (ICESoS’16)
Table 6: Comparing the significance in regards to the level of education
LEVEL OF EDUCATION

MD

SE

.SIG

,146

,176

,410

Higher

,007

,283

,980

Faculty

-,023

,191

,906

MA and PHD

,464

,407

,257

-,146

,176

,410

Higher

-,138

,253

,586

Faculty

-,168

,142

,239

MA and PHD

,319

,386

,412

-,007

,283

,980

Secondary

,138

,253

,586

Higher

-,030

,264

,910

MA and PHD

,457

,445

,308

,023

,191

,906

Secondary

,168

,142

,239

Higher

,030

,264

,910

MA and PHD

,487

,393

,219

-,464

,407

,257

Secondary

-,319

,386

,412

Higher

-,457

,445

,308

Faculty

-,487

,393

,219

Primary

Secondary

Higher

Faculty

MA and PHD

Secondary

Primary

Primary

Primary

Primary

Note: The level of significance from 0,05

On the basis of the results obtained, we can conclude that there is no statistically
significant difference between the examinees in regards to the level of education
when it comes to communication of parents with the preschool teachers and thus
confirmed the third part of the first sub-hypotheses that there is no statistically significant
difference, as estimated by the parents, about the communication between parents
and teachers with regard to gender, age and place of residence.
Based on the results of research, we can conclude that the sub-hypotheses is
confirmed that there is no statistically significant difference, as estimated by the
parents, about the communication of parents and teachers with respect to gender,
age and education level.

200 ICESoS 2016 - Proceedings Book

�Regional Economic Development: Entrepreneurship and Innovation
Conclusion
Cooperation and communication of the family (parents) and preschool institutions is
very important. This opens the way of harmonizing the educational impact of individual
and group contacts. Preschool teachers have a big responsibility in performing a direct
cooperation with parents. There are, of course, preschool teachers, psychologists,
social workers and doctors. Preschool teachers and school departments inform parents
(family) on special preferences (and talents) of their children, as well as about the
unexpected change of behavior because of the known or unknown causes. Events
in the family are often the cause of the child’s special features in behavior which is a
clear sign that the child needs the support and assistance.
Parents will provide the necessary information to preschool teachers in order to avoid
the possibility of insincere or imagined children’s stories about the real situation in the
family.
So on the basis of the results we can conclude that the main hypothesis of this
research is partly confirmed and it says: There is no statistically significant difference
in the perception of parents and preschool teachers to parental cooperation with the
preschools in the North Sandzak.
Bibliography
• Bašić, J., Hudina, B., Koler-Trbović, N., Žižak, A. (2005): Integralna metoda, Aliea,
Zagreb.
• Brajša, P. (2003.), Roditelji i djeca, Glas Koncila, Zagreb
• Einon, D. (1999). Učenje rano. Oznaku Knjige. ISBN: 0816040141
• Gudjon, H. (1994) Pedagogija temeljena znanja (93-107; 143-160). Educa. Zagreb
• Lew, A.&amp; Bettner, B. (1996) A roditelja vodič za razumijevanje i motiviranje djece.
Sheffield, Velika Britanija: Connexions Press. (ISBN: 0962484180).
• Holt. J.(1974). Kako deca uče. Predškolsko dete. Beograd: 1974/4.341-343.
• Ivic, I.(1969). Razvoj saznajnih funkcija u predškolskom periodu, Pedagogija,
Beograd.
• Kamenov, E.(2006): Vaspitno-obrazovni rad u pripremnoj grupi dečjeg vrtića,
Dragon, Novi Sad. Sally
• Kamenov, E.(1987). Predškolska pedagogija, Knjiga I. Beograd: Zavod za
uđbenike i nastavna sredstva
• Milanović, M. (1997) Pomozimo im rasti. MOZS. Zagreb
• Mitrović, D. (1981). Predškolska pedagogija. Sarajevo: Svjetlost.
• Omerović, M. i drugi. (2009). Predškolska pedagogija, Ofset, Tuzla.
• Selimović, H., Rodić, N. i Selimović, N. (2013). Metodologija istraživanja, Edukacijski
fakultet, Travnik
• Seligman, M.(2005) Optimistično dijete. Zagreb. IEP
• Stevanović, M. (2001). Predškolska pedagogija, knjiga I. Tuzla: Denfas.
• Stojaković, P. (1999). Taksonomija vaspitno-obrazovnih ciljeva u kognitivnom
području i njen značaj za efikasniju individualizaciju učenja i nastave. U knjizi:
Interaktivno učenje I. Banja Luka:Ministarstvo prosvjete I UNICEF. 119.
• Suzić, N. (2005). Pedagogija za XXI vijek. Banja Luka: TT-Centar.129.
• Suzić, N. (2006). Uvod u predškolsku padagogiju i metodiku, Banja Luka:
XBS.202140.
• Prodanović, T., Ničković, R. (1980): Didaktika, Beograd, Zavod za izdavanje
udžbenika.
ICESoS 2016 - Proceedings Book 201

��</text>
                  </elementText>
                </elementTextContainer>
              </element>
            </elementContainer>
          </elementSet>
        </elementSetContainer>
      </file>
    </fileContainer>
    <elementSetContainer>
      <elementSet elementSetId="1">
        <name>Dublin Core</name>
        <description>The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.</description>
        <elementContainer>
          <element elementId="79">
            <name>Extent</name>
            <description>The size or duration of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="1848">
                <text>3338</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="50">
            <name>Title</name>
            <description>A name given to the resource</description>
            <elementTextContainer>
              <elementText elementTextId="1849">
                <text>THE EFFECTS OF FAMILY AND NURSERY COOPERATION  IN THE NORTH SANDZAK REGION</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="96">
            <name>Author</name>
            <description>Author</description>
            <elementTextContainer>
              <elementText elementTextId="1850">
                <text>Hasanovic, Zehra</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="94">
            <name>Abstract</name>
            <description>A summary of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="1851">
                <text>Summary: For normal growth and development of a child, particular, is cooperation of  preschool institution (nursery, infant nursery) and family (parents). Better cooperation  of these two institutions, the way of harmonization educational influence with individual  and group contacts are opened. Objectives of this cooperation is better informing to  stay of children in family and preschool institution was more substantial. Results of this  research will be support to better solving of these problems, and it will open possibilities  for getting acquainted all protagonists of this process with possibilities and perspectives  for building strong connections and relations between family (parents) and preschool  institutions (preschool teachers). The research on theme “The effects of family and  nursery cooperation in the North Sandzak region” ,was realized in preschool institutions  on the North Sandzak region (Novi Pazar, Sjenica, Tutin, Prijepolje). In the research  participated 140 examinees, 80 parents of the children attending preschool institution  and 60 preschool teachers who are employees of preschool institutions.</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
            <elementTextContainer>
              <elementText elementTextId="1852">
                <text>2016</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="97">
            <name>Keywords</name>
            <description>Keywords.</description>
            <elementTextContainer>
              <elementText elementTextId="1853">
                <text>Conference or Workshop Item
PeerReviewed</text>
              </elementText>
            </elementTextContainer>
          </element>
        </elementContainer>
      </elementSet>
    </elementSetContainer>
    <tagContainer>
      <tag tagId="6">
        <name>H Social Sciences (General)</name>
      </tag>
    </tagContainer>
  </item>
  <item itemId="2990" public="1" featured="0">
    <fileContainer>
      <file fileId="3758">
        <src>https://omeka.ibu.edu.ba/files/original/64e403b87d00af8ef695305780754619.pdf</src>
        <authentication>f99eb60585efdd9939f7e9ff2455982b</authentication>
        <elementSetContainer>
          <elementSet elementSetId="4">
            <name>PDF Text</name>
            <description/>
            <elementContainer>
              <element elementId="52">
                <name>Text</name>
                <description/>
                <elementTextContainer>
                  <elementText elementTextId="23119">
                    <text>2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

The Effects of Financial Failure in Business Inventory Management
Mehmet CĠVAN
Asst. Prof. Dr.,Gaziantep University, Faculty of Economics and Administrative Sciences
Department of Business Administration
mehmetcivan27@hotmail.com
Faruk DAYI
Research Assistant,Gaziantep University, Faculty of Economics and Administrative Sciences
Department of Business Administration
fdayi@gantep.edu.tr

Abstract: Global competition increases, inventory management businesses on the
importance increased. Goods and services to sell in the global market, the unit costs
low, the production efficiency is need to higher..Stok management, raw material
supply whether manufactured and offered to customers are far, production and
distribution activities is fundamental. The amount of inventory the company's total
assets 40% to 60% in the thought, the investment in a significant portion of the
inventory allocated to the will see. Especially,in trade businesses inventory, is
majority of the balance sheet active.In the industry businesses the fixed assets
,investment is well ossified in inventory that will see. That in a state enterprise
liquidity is insufficient and receivables collected in both high-cost inventories
disposal are challenges. Daily operations to meet cash asset management could not,
pay their debts to be forced, commercial reputation damage to the liquidation or
even bankruptcy process go through a process to enter will result.

Introduction
The amount of inventory, 40% of the total assets of businesses to be between 60% and is considered, a
significant portion of investments allocated to inventories will be observed. Connected to the large amounts of
money from inventories, short-term debt funding may be provided by increasing the rate of inventory turnover.
The company failed financially, the inventory turnover rate is low, the lack of sales will result in the desired
level, so businesses will experience liquidity problems. Financially failing companies, the financial measures
taken unable bankruptcy to go a long to enter the business to invest in the shareholder losses, and direct the
national economy of full employment to reach defended. economic state that is strong businesses, this negative
situation that much is not affected unlike grow more powerful as the crisis are .This study will examine the
subject of inventory management and financial failures, business failures fall into the cause of the factors to be
investigated.

Financial Perspective to Inventory Management of Businesses
In business inventory management major makes many reasons. Especially in business inventory
investment is considerably high, usually ossified investments and consisting of a very high cost. Especially
manufacturing and trading companies operating in the subject of the inventory represents that we think the
presence of a large portion of the inventories has created to see. Companies inventories is more than ease of
delivery to customers in the business as a result. But high inventory costs will endure.(Okka 2009:657-658) Two
main purposes of inventory management in have enterprises.It‘s work both necessary and sufficient to sustain
the provision of inventory and inventory to be taken for ensuring all the stages of the inventory holding cost is
the lowest level(Okka 2009 :657-658).While investing in inventories in companies that it is important to pay
attention to two issues.

Investment in Inventories
Inventories have very important current assets in companies with a share.Operation equipment, raw
materials and supplies,work in process and finished goods inventory management are the most important items.
Inventories of companies shows diversity that it had been active in the sector depends and kinds of business.
Some sector, excessive inventory investment , when it should, and some inventory-free or low inventory keeping

231

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

policy can be watch. Companies inventory the optimal amount of more than investing the profits in a negative
way will affect. (Ceylan ve Korkmaz 2008,318-320). Businesses must be sign in terms of inventory management
policies are determined, the firm's market share and target what is determined to be the financial terms of
inventory investments, both positive and negative aspects of evaluating the investment amount. Negative
inventory investment or business, many expenses can lead to well be forgotten.

The results of Insufficient Inventory
1.The sales fall
2.Market loss
3.Customer loss
4. Decrease in profits
5.Injury to reputation in the sector
Table 1: The results of Insufficient Inventory

Level of Raw Materials and Products in Inventory
Raw material inventory is been affected first-degree factor is future production plans for next year's
planned production degrees.Company decided to increase the amount of production for next year it will need to
increase the amount of raw material purchases ( Ceylan ve Korkmaz 2008,320).Raw inventory determines the
amount of another factor is the production seasonality specialize.Furthermore, in products shows seasonal
fluctuating , production by the amount of precautionary inventories.That well as price increases, natural factors,
delivery time, global competition and also taking into account sufficient material can be quantified. (Ceylan ve
Korkmaz 2008,320). Businesses have for sales of inventory level in a positive relationship. Production volume
occur can be reflect in the future any changes to sales figures. But Demand amount of any increase can‘t to meet
supply. Those well vogue does not exceed, in each period will be demanded of the goods or inventory in the It is
possible (Ercan 2008,305-308).
Cost of Inventory
Business occurs investment in inventories for the expenditure of large. This reason to manage inventory
with the lowest cost of total inventory cost is minimum will be required to achieve optimal inventory levels.
Cost of Keeping Inventory
Inventory held in the raw materials,work in process and finished goods to be kept and maintained due to
incurred. Stok keeping costs, storage costs, heating and lighting costs, transportation costs, wages, insurance,
taxes and outdated goods, waste and corruption costs occurs.
Inventory Supply Cost
Shipping occurs costs referred to as the inventory supply costs, the order granting inventory enterprises
reached until the last every stage of the costs from the sum. Order given the phone calls, office expenses, bank
EFT costs, discount incentives, not benefiting, warehouse transportation and other expenses ordered, the cost
creates. .(Okka 2009:660).
Cost of inventorys not Include
It is expenses of inventory keeping arise. Can not be held sales lost by the sale amount, deprived of the
profits, customers, such as loss expenses. Because of business in terms of incurred these costs in the industry and
market reputation to decrease, the brand value to fall also may result.

232

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

Cost of Inventory

Total Cost of Inventory
Cost of Keeping Inventory

Inventory Supply Cost
Inventory quantity

Shape 1: Determining the optimum inventory level

Financial Failure in Business
Definition of Financial Failure
Financial failure is known that describing in different terms. Financial business end of the mission has
to carry out their activities. (Aydın and others 2007;444). Looking from another angle, the business can not
provide cash flow is also another dimension of financial failure. .(Wruck,1990;425). The current period as a
result, businesses can not pay debts, are faced with the problem of liquid in a technical sense(Gönenli,1994;647).
Many companies fail to define the terms we want to use. According to Altman, financial failure by the
insolvency, bankruptcy and is unable to pay on time(Altman 1983;3-6).

Causes of falling into financial failure
Businesses, technology, market, product diversification, cost structure and especially the consumer
behavior impact of their financial terms to the many problems facing. As well as business administration and
director of the inadequacy can of the company's business environment to adapt fail. Because of production
volume falls, sales declines and losses leads.
Causes of Financial Failure In Business
One of the reason those are Professional non-managerial positions, excessive and irrational borrowing,
cash flow is planned absence, insufficient liquidity, budget items necessary diligence is not shown, savings
policy is not followed, particularly cost accounting data by managers neglect, or enough of no business in the
financial failures. As our daily competition environment is considered to be high, as the company continues to
operate, improve profitability in a competitive environment must be suitable for the use of financial resources.
Another factor affecting the financial failure is financial leverage.Financial leverage, external and equity
resources of business,resource anf quantity of the substance from which mainly shows how much a financial
instrument should be used. (Erol 1999;156-157). Own resources can not be open to be allocated to enterprises,
with public debt as possible to cause any problems because the future. Companies bonds useful, financial bonds
for his use of such debt instruments or loans from banks or financial institutions to supply foreign sources are
provided. Loans to firms optimum level to a very rational, and the business growth and market competitiveness
will increase, and provide continuity in terms. But businesses will meet big problems ,if they do not use their
debts in reasonable places.For example, business uses of the loans financing the timely payment fails,
bankruptcy go through a process will enter.
Businesses within the required accounting controls is not made, cost accounting enough benefit can not
be operating in a knowledge processing and dissemination should be the system's establishment of no-budget
preparation flexibility of no and extraordinary circumstances budgets does not contain accounting information
system failure caused by financial failure are the causes.
Another dimension of the business in terms of financial failure of the timely collection and payment.
Companies hitchs can not do debit payments for the production. This result, could not obtain the necessary raw
materials for production will be reduced. Without disrupting their activities, the liquidity position of businesses
to improve profitability, cash inflows and outflows should also take into account the planning.

233

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

Out of Business Reasons in Financial Failure
In the economy liquid cash cycle by increasing ,the country's economy development is, increases with
income, employment and especially the production. The economy revival and development of enterprises'
financial structure to strengthen contribute important. National revenue structure, the inflationary and
dezenflasyonist trends, economic policies, macro-economic indicators to the national economy that additives that
affect the financial success of companies are among the primary factors. (Dinçer 1996:53,Eren 1990:70-71). Of
these, as well as technological innovations and developments for business carries critical. New production
techniques wiil reduces, production costs, reducing the innovations do not make the business cost of any of the
relative increase their competitiveness. As we today global economy, the unit cost of profitability rather
impressed it is considered that the activities continue with the company, particularly the costs of businesses that
are reducing the minimum level.
One of the most important factor in business is technology. Technology for the business required of all
information, communications quickly and cost-effectively be provided. global economic have units to reduce
costs, consumers need to answer to, most importantly, profit and profitability to increase information for the
operating system for businesses vital. Technology processes to operate large deals in may provide, may also
reduce the risk of assets. (Dinçer 1996:51). Technological innovation, practicality and speed. ınformation
businesses operating system can be used effectively in competition with businesses, cost leadership may pass to
the front of many businesses.

Measures Towards Improving the Financial Status
Financial structure deteriorated and unable to meet payment obligations on time, to strengthen the
financial situation in enterprises for a number of measures to be taken. companies measures are grouped under
four main headings.
Strategic Measures
Future uncertainty is high today, it is impossible that companies effectively operate in the planning and
implementation. Today's businesses is quite complex with a structure is also considering, business management
strategy, the determination of its financial condition empowering nature pay attention. Economic failure to
prevent the need to be strategic measures following as can be sorted (Aydın 2007;451-453);
•Making Swot analysis and take preventive measures
•Making medium-and long-term by following the developments on the economy
•Identifing the market targets according to product groups, accordance with the management plan
Precautions to be Taken in the Field of Costs
The extension of debt maturity
The cash management business for the future if a serious obstacle facing temporary financial problems,
the firm's debt maturity, is extended by creditors to supply funds to businesses would be given the opportunity.
Because when the management contacts with enforcement, it will be receivables to collect performance fees.
Beside this thinking that it could not take a large portion of the charge, this could not claim most of charge.
Improve companies receivables net charged availability, debt extension in the financial situation for the future
promising enterprises, the creditor company in terms of rationalization would also owe the business picked
himself up to the opportunities provided, and thus happens the business liquidation or bankruptcy in the process
prevented. If necessary changes are made in management and the measures are not taken until debt maturities,
the event probability increases that management through the out without problems.(Büker,Bayar ve Sevil
2001:420)
Abandonment of claims through a section of the Magistrates
Refer law enforcement for claims to collect from the borrower company, generally a large part of the
funds could not receive. Because of management may be cash take a portion of the peace and abandon the rest
settle for if both legal lengths and deal does not need to as well as peace through education could amount
collected.

234

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

Representatives of the firm's receivables by a committee of the Managing
Creditors can be request that the firm's management take the company's financial condition is
corrected. Another method is if the entity's management to have a say in financial support. Management that
seized the company management keeps control of management until improve financial status, if it could not
correct, it helps to entry the process of liquidation.
Capital Structure Reorganization and Strengthening of Capital
Other way to out of the failure for management which fallen to failure and unable to pay their debts,
failure to agree a way out with one of the creditors, the amount of claims for money by the business partners to
strengthen capital (Büker,Bayar ve Sevil 2001:421).
Those can take that measures for the restructuring of capital;
- Instead of debt giving the capital share
- Instead of bonds giving the stocks
- Taking new share holders
- Reduction of the nominal value of stocks in companies
- Decreasing of bond rate.
- Instead of common share giving preference stock
Table 2: Measures for the restructuring of capital
Fixed assets are sold as Long-Term Renting
Excessive investment in fixed assets if companies did it by selling the surplus, to place a long-term
leasing new assets by the method of operating cash needs can be met by renting. Due to leasing, to be a longterm financial management, accounting as expenses and tax advantages, the widely used by businesses.
Fixed assets of subsidiaries and partially or fully translated into the currency
Selling of building, machinery, land and equipment which don‘t contribute to the management to
liquidate, gives management cash conversion, as well as would have been the depreciation expense savings.
The other firms with a company in the United
A financially bleed company merger with another company and revival of the supply of a failed
business. Present sector, according to the structure, market controls, or increase profits for mergers or joint
ventures to provide management in terms of rationalization can.
Selling of Management Whole or Part
Operational cost is high subsidiaries or affiliates profit loss analysis after sell. But in long-term can be
considering the current financial failures will continue this business in whole or in part is sold, rational. Thus
failed business hand to issue a business cash flow can be ensured as well as amortization expenses decreased by
Significant savings can be achieved in the operating expenses. (Dinçer 1996:175).
Cost Reduction
An important cost area is raw matarial in management . Raw matarials purchases to save on supply
conditions improve, in use of waste and waste disposal, inventory costs, reducing some vehicle equipment
purchases instead of a bike path to be measures such as cost reduction of the privided. Cost mitigation measures
can be summarized as follows;
• If there is a demand narrow or stock oversupply, cost and expense cutting down about producing
• Skilled and talented in the areas of business activities should continue, should withdraw from the areas of poor
or weak
• Particularly if the current increases developments in exchange rates, should be cut imports, , raw material needs

235

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

to be provided from the domestic market.
• Travel expenses should be reduced
• The budget allocated to fixed assets and new investments should be reduced
2.3.2.10. Liquidation of Companies
Despite the precautions taken, the chance to continue the company's assets is low, the company's liquidation is
not the way to go to a compulsory liquidation. Because of business is greater than the benefits to be obtained
from the liquidation will be more rational.

Measures to Boost Cash Flow
During periods of financial crisis, businesses must decrease collecting time, recovery time loan
maturities and discount for decrease selling inventory costs to get away from losses. One of the most important
cash items received orders. Advance receipt and sales or collateral requested as a short-term cash management
businesses can relax.

An Effective Financial Management and Planning
Financial management is sensitive external environment and the macro-activities of businesses.
Strategıc financial with business within the created and the company's current situation, the projected data
analysis. Now on and future environment to determine the resulting economic, demographic and social quality of
the data analysis and the environment within the company's future to determine and to estimate the financial
goals and to identify and navigate the process is carried out(Bengshir,1996:77).

The four basic criterion
(Sayılgan,2003:295);

of

financial

planning

1)Investmen fixed asset
2)Working capital
3)Combination of debt and equity
4)How company decision's will evaluate
Table 3: Decision area in financial planning

Effects of Financial Failure in Business
Enterprises' financial structure, shows differences the firm's business activities. Stops asset investments
mainly a business, it is normal that debt is more than equity capital in a mainly stop asset investment
business. if comparing the value of certaın debt and sum of long-term debt is higher, we can say for
business ―extreme owes‖. Comparing the long-term debt in excess of net debt and inventorys. If
companies long-term debt more than inventory this means that the non-cash assets in managment are
not achieved with debt they are achieved with management equity. Thus business financial failure affect
the
degree
is
reduced.
Decrease in operating profit to financial failure shows and ultimately leads to inadequate liquidity to as
the bankrupt company's failure to operate. Economic effects can be grouped into three headings
summarize.
Effects on Investment and financing
In Financially failing businesses management also seen the biggest problem, funds flow enabled. That
is result in investments late. Current period of investments can stop .Failure visit businesses in an effective
inventory policy execution, raw materials and goods across pay, is caused to spread for debt to maturities.
Business financial crisis enters its own receivables charged to, the debts to pay, for the production of essential
raw materials, supplies, and these, as well as various issues. At the end effective non-inventory policy block,
enterprise inputs and outputs of the amount planned when the realization.If production is not on the time,the
sales will fail creases, liquidity of business is getting weak as a result crisis with the effect of the company's
financial situation gets worse. Businesses is about financially unsuccessful, investments to influence the existing

236

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo
fixed assets renewal or a new entity receiving. ınvestment opportunities to be requested before the financial
situation improves, and then invest the budget should be prepared, capital or financial resources must be
provided.
Effect of Profitability
Financial failure of business in losing of sales is decreasing revenue and the cost is getting more, the
company's profitability is decreasing.At collectting troubles, is getting low particularly the receivables turnover.
It will be weak its pay. Because of cash cycle is insufficient, the company can not avaluate alternative
investment opportunities and failed emerged a small but are deprived of lucrative opportunities.
Inventories and Sales Effectiveness
Inventory turnover, in other words the cost of goods sold is lower than the average ratio of inventory
desired sales means the amount could not be reached. Financially troubled the businesses, the sales of a
sufficient level, not in a production line to slow down production of the amount of reduction and long-term debt
payments difficulties caused. This is well as businesses, the financial crisis in the asset and liquidity management
difficulty is the determined sales policy not access because of their strategic goals to achieve are also affected.

The Effects of Financial Failure in Business Inventory Management
Inventory Turnover and Productivity Effect
Turnover rate is shown the company's sales rate to the average amount of inventory that how many
times to meet. The low inventory turnover in enterprises, means that the desired amount of sales can not be
reached. Inventory turnover ratio is lower one of the reasons, the business sold to inadequate is the other one too
much inventory. Financial failure falls in business ,the most common problem is not sales of the desired level in
the other receivables charged face in the difficulties are. Financially troubled the businesses, the sales of a
sufficient level, not in a production line to slow down production of the amount of reduction and long-term debt
payments difficulties caused. The sells insufficient, the collection of receivables be key delays, business liquidity
and purchasing power.This is well as businesses, financial crisis manage their assets and liquidity in times of
difficulty, because the achievement of designated sales policy and therefore unable to reach their strategic goals
are also affected.

Sales Effectiveness
Today's business in the most common questions one of the companies' strategic plans, the targeted sales
figures. Companies internal and external factors due to the desired sales figures reach the difficulty the company
cash problems.Companies the most important liquid pen is sale revenues.Because of sales desired level of the
lack of goods sold cost will increase inventory turnover and sales profitability.inventory management required in
the raw materials and finished goods reach the level fail business sales reduce the road.Inventory obtained time
effectively not be used as both the sales decline and the reputation of the injury caused. That in a situation
inventories to be different can make of the growing inventory of applications and campaigns. Unlike cash
management businesses that getting more and more inventory invesment will be paralyzed and market share
have been determined to block and eventually entered a path that goes up to the bankruptcy will cause.

Liquidity Impact on Business
Businesses at the establishment stage by partners of capital on the basis of the liquid assets first started
operating the business of the cash power. In hand of funds, investment products or commercial goods inventory
as to be converted, realized sales policy, together with their re-liquid assets into a spin this cycle of business
activity to end until.Liquidity asset management firms manage the difficulty that the biggest problems. Cash
management and effective planning is not if businesses purchase of raw materials from the tax payment until the
costs and spending cash deficiency faced with the problem caused. Liquidity insufficient purchasing advance
sale discount to benefit will stop time can not be payments to interest costs caused. This well as taxes and
payments will be delayed by the state penal sanctions exposed because of inventory management-enabled not
business's cash assets are sufficient to prevent. Indirect to as operating cash management activity on corruption
to-day spending can not become ,as a result of the liquidation or bankruptcy and go into a process that will lead
to.

237

�2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo

Conclusion
Connect to inventory without too much money, short-term debt funding can be provided to increase the
inventory turnover rate. Financially failing businesses, the inventory turnover rate is low, sales are at a desired
level or not will result, thus operating liquidity shortage.Economic failure as a result of businesses went
bankrupt, and most employees become unemployed and even creditors, the companies that victims and their cash
flows regulated can not, and as a result from this process adversely affected Financial crisis in the business, cash
flow chart of the arrangements, their debts to restructure, if possible, debt with stocks for replacements, inert
tangible assets to sell, the costs of reducing possible, as well as business management and organizational scheme
to modify,the financial crisis at least with loss through will ensure . Although all these measures, if the financial
failure is still running, the business financially restructuring, downsizing strategy, the implementation of the
rational, non-affiliates or subsidiaries to sell. financial failed businesses restructuring as a result of the current
situation for the future bright appear unless the company's liquidation to be investors, both creditors is rational
for enterprises with the least harm will withdraw from the market.

References
Altman Edward,Corporate Financial Distress: A Complete Guide to Predicting,Avıiding and Dealing with Bankruptcy,Jhn
Wiley and Jons, Newyork.1983
Aydın Nurhan,BASAR Mahmut,COġKUN Metin, Financial Management ,Genç Copy Center,EskiĢehir,2007.
Bengshir Türksel, Information Technology and Organizational Change , TODAĠE Publishing.Ankara,1996.
Büker S.,D.Bayar,G.Sevil, Financial Management ,Anadolu University Publishing, EskiĢehir ,2001.
Ceylan Ali ,Korkmaz Turhan,Financial Management in Business,Ekin Bookstore,Bursa,2008.
Dinçer Ömer, Strategic Management and Business Policy ,Beta Publishing,3.print,Ġstanbul,1996.
Ercan Metin Kamil,Financial Management Based of Value, Gazi Bookstore,Ankara 2008.
Eren Erol, Strategic Planning and Management in Business ,Faculty of Business Administration Publishing,
no.234,3.Print,Ġstanbul,1990.
Erol Cengiz, Financial Management in Business ,Ġmge Bookstore,Ankara,1999.
Gönenli Atilla, Financial Management in Business ,Ġstanbul,1994.
Okka Osman, Analytical Financial Management ,Nobel Publishing,Ankara,2009.
Sayılgan Güven,Business Finance,Turhan Bookstore,Ankara,2003.
Wruck,Karen Hopper.Financial Distress: Reorganization and Organization Efficency,Journal of Financial
Vol:27(2),October.(s:419-445),1990

238

Economics,

�</text>
                  </elementText>
                </elementTextContainer>
              </element>
            </elementContainer>
          </elementSet>
        </elementSetContainer>
      </file>
    </fileContainer>
    <elementSetContainer>
      <elementSet elementSetId="1">
        <name>Dublin Core</name>
        <description>The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.</description>
        <elementContainer>
          <element elementId="79">
            <name>Extent</name>
            <description>The size or duration of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="23113">
                <text>165</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="50">
            <name>Title</name>
            <description>A name given to the resource</description>
            <elementTextContainer>
              <elementText elementTextId="23114">
                <text>The Effects of Financial Failure in Business Inventory Management</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="96">
            <name>Author</name>
            <description>Author</description>
            <elementTextContainer>
              <elementText elementTextId="23115">
                <text>CİVAN, Mehmet
DAYI, Faruk</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="94">
            <name>Abstract</name>
            <description>A summary of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="23116">
                <text>Global competition increases, inventory management businesses on the  importance increased. Goods and services to sell in the global market, the unit costs  low, the production efficiency is need to higher..Stok management, raw material  supply whether manufactured and offered to customers are far, production and  distribution activities is fundamental. The amount of inventory the company's total  assets 40% to 60% in the thought, the investment in a significant portion of the  inventory allocated to the will see. Especially,in trade businesses inventory, is  majority of the balance sheet active.In the industry businesses the fixed assets  ,investment is well ossified in inventory that will see. That in a state enterprise  liquidity is insufficient and receivables collected in both high-cost inventories  disposal are challenges. Daily operations to meet cash asset management could not,  pay their debts to be forced, commercial reputation damage to the liquidation or  even bankruptcy process go through a process to enter will result.</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
            <elementTextContainer>
              <elementText elementTextId="23117">
                <text>2010-06</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="97">
            <name>Keywords</name>
            <description>Keywords.</description>
            <elementTextContainer>
              <elementText elementTextId="23118">
                <text>Conference or Workshop Item
PeerReviewed</text>
              </elementText>
            </elementTextContainer>
          </element>
        </elementContainer>
      </elementSet>
    </elementSetContainer>
    <tagContainer>
      <tag tagId="7">
        <name>HB Economic Theory</name>
      </tag>
    </tagContainer>
  </item>
  <item itemId="3318" public="1" featured="0">
    <fileContainer>
      <file fileId="4110">
        <src>https://omeka.ibu.edu.ba/files/original/018156d4a60174be9d7d88e79c3a797b.pdf</src>
        <authentication>3973252e19a903cad7def8bb28e6bc0d</authentication>
        <elementSetContainer>
          <elementSet elementSetId="4">
            <name>PDF Text</name>
            <description/>
            <elementContainer>
              <element elementId="52">
                <name>Text</name>
                <description/>
                <elementTextContainer>
                  <elementText elementTextId="25412">
                    <text>1st International Syposium on Sustainable Development, June 9-10 2009, Sarajevo

The Effects of Five Avocado Rootstocks on Seedling Properties of
Commercial Avocado Cultivars
Sadettin Küçük
West Mediterrenean Agricultural Research Institute
Antalya-Turkey
Recep Coşkun
West Mediterrenean Agricultural Research Institute
Antalya-Turkey
Meliha Temirkaynak
West Mediterrenean Agricultural Research Institute
Antalya-Turkey

Abstract: In this study, results of which have been presented, our aim is to determine
avocado commercial cultivars grown in Antalya- Turkey ecological conditions and their
graft compatibity with Persea americana var. drymifolia and P. nubigena var.
guatemolensis avocado rootstocks. In the research as experimental material Topa Topa,
Blace, Mexicola, W1 and W2 rootstocks together with Hass, Fuerte, Zutano and Bacon
commercial avocado cultivars have been used. The study was conducted between 20062007 in BATEM. The results of the experiment have shown that rootstocks were
statistically significant in the graft survival rate (%), rootstock diameter (cm), scion
diameter (cm), shoot length (cm) and in terms of properties, and the best results could
be achived from plants which are Fuerte avocado cultivar grafted on Topa Topa
rootstock.
Keyworlds: Avocado, grafting, scion/rootstock combination, survival rate, Fuerte, Topa
Topa.

Indroduction
Avocado is an important fruit species, belonging to Lauracea family, which is evergreen and
economicaly significant (Zentmyer, 1987). Today avocado is being cultivated in nearly 50 countries in the
world. The first rank of avocado production and trade belongs to countries such as Mexico, USA, Brezil,
Dominic Republic and South Africa. World avocado production, as of 2007, has been realized in 3.2 million tons
(FAO, 2007). These countries are relatively far from North European countries where avocado is consumed
extensively. Turkey, due to its geographical and ecological conditions, has plays a significant role in avocado
production and exportation.
Particularlythe Mediterrenean Region of Turkey, because ofthe factthatitsupplies specialtemperature
avocado requiresisthe mostimportant province in growing this species. There is a 400-ton avocado production
in Turkey all of which is being realized in Antalya, Hatay and Mersin, allsituated in the Mediterrenean region.
In order to investigate avocado growing facilities in our country,initial studies in early 1970’s started
via our Institute by introducing the four important commercial avocado cultivars from California. Through this
study and those in forthcoming years,the yield which isto show various cultivars ofthe Mediterrenean region in
differentlocations will depict the fruit quality,the harvesttime, adaptation to climate, have been examined, and
relative varieties have been selected (Dogrular et al., 1983, Demirkol 1998, Bayram and Aşkın, 2006).
Nevertheless, growing of avocado fruit, which was introduced in Turkey in the 1970’s, has not reached
the required level as yet. At present,thereis an avocado production of 400 tonsin our country, particularlyin the
Mediterrenean region.
In fruitculture, grafting of different scions and rootstocks has been a traditional practise with the aim to
confer dwarfing characteristics and resistance to environmental stress like salinity, cold, drought, pests and
diseases. The new charecteristics obtained in the plant must be the result of an intense interaction between the
rootstock and scion carrying different genetic information (Reyes-Santamaria et all. 2002, Mickelbart1 and
89

�1st International Syposium on Sustainable Development, June 9-10 2009, Sarajevo

Arpaia, 2002, Krezdorn, 1973).
Com mercial avocado trees are propagated by grafting of budding scions of desirable cultivars onto
seedling or grafted rootstocks. Avocados can be grown from seeds, but fruit quality and yield potential will be
quite variable. Grafted on budded avokado trees usually produce fruits when three to five years old, while
seedlings often require five to seven years.
Originating in the tropics,the avocado is very sensitive to climatic factors prevailing in the subtropics,
especially drought and extreme temperatures. Extreme temperatures result in low productivity and sometimes
even in severe damage to the tree canopy ( Bergh 1976; Oppenheimer 1978). Avocado is also sensitive to soil
stress and salinity. A very com mon soil stress factor is root rot disease, caused by the fungus Phytophthora
cinnamomi, which is usually associated with lack of aeration ( Ben-Ya’acov and Michelson, 1995). In certain
years, due tothis disease factorin avocado orchard in California,it has been stated that asmuch as 20% tree loss
took place. In avocado growing, there is no resistant to this disease in tropical and subtropical climate zones.
However by using grafting tecniques,itis possibleto reduce loss resulting from this disease factor.
The main climatic factor affecting avocado production in the cooler subtropics is low temperatures.
Indeed, avocado is extremly sensitive to cold, especiallyin the blooming period. Furthermore, chilling problems
associated with avocado growing in the subtropics such as Turkey do occur. Com mercial avocado cultivars are
more sensitive to cold temperature than rootstocks. Grafting is a widely used technique in avocado growing
regions namely Turkey, Israel and Spain, for rootstocks are resistant to cold. Therefore, some rootstocks
belonging to Mexican race, which is widely used in grafting, are more resistantto cold than others.
Referring to the requirements mentioned above, the objective of this study, results of which have been
presented, was to evaluate the rootstock potential of avocado cultivars,‘Topa Topa’,‘Blace’,‘Mexicola’, ‘W1’
and ‘W2’ for commercial avocado cultivars.

Material and Methods
This study was conducted between the years 2006-2007 in a nursery situated in West Mediterrenean
Agricultural Research Institute in Antalya-Turkey (360 52 N',300 43' E).
Inthis study,five Mexican rootstocks (Topa Topa’,‘Blace’,‘Mexicola’,‘W1’ and ‘W2’ were evaluated
as rootstocks.Hass (belonging to Guatemale race), Zutano (belonging to Mexican race), Bacon and Fuerte
(MexiconxGuatemala hybrids) were used as scions. By the time rootstocks levelled to 75 cm on May 2nd 2007,
scions were grafted onto rootstocks with Whip&amp;Tongue Grafting. On July 20th 2007, grafttie was untied; graft
survival rate (%), rootstock diameter (cm), scion diameter (cm) and shoot length (cm; distance between graft
point and the top of shoot) were measured.
All grafting groups were laid out with three replications and 10 plants in each replicants in the
randomised block experimental design. Data were subject to analysis of variance by SAS statistical program
(SAS Institute, Version 7) and means were compared by LSD’s (Least Significant Differences) test at 0.05
significance levels.

Results
1. The Effects of Different Rootstocks on Graft SurvivalRate (%)
The effects of differentrootstocks on graftsurvivalrate(%) is shown in Table 1. Results revealthatthe
effects of rootstocks on graft survival rate (%) are statisticaly significant (Table 1). According to reciprocal
interaction between rootstocka and cultivars, it can be observed that graft survival rate is directly associated
with,rootstocks and cultivars and theirreciprocalinteraction, at main effectlevel. At rootstock level,the highest
graftsurvivalratesthat have been found out and fixed were 92.7 % in TTS rootstocks;the lowest graftsurvival
rate 83.38 % in Y2 rootstock . When graftsurvivalrates of cultivars are evaluated, on the otherhand,the highest
graft survival rate of 96.67 % was determined in Fuerte cultivar.This cultivar is followed by Bacon (90.83) and
Zutano (84.17 %) cultivar. Consequently, in terms of graftsurvival rate, however,the lowest graft survival rate
of 83.34 % has been determined in Hass cultivar. Upon examination of data in Table 1.it can be seen that at
reciprocal interaction level, Fuerte onto which TTS and Mexicola rootstock were grafted with a highest 100%
graft survival rate was found. These differences, most probably resulting from ecological conditions,
maintanence and the differences between cultural practicesthat are applied. Nonetheless,results clearly indicate
rootstocks have affected graftsurvival rates and in the defined experiment conditions,the bestresults have been
achieved from plants grafted onto TTS rootstocks.

90

�1st International Syposium on Sustainable Development, June 9-10 2009, Sarajevo

Cultivar
Mean Rootstock
Rootstock
Hass
Fuerte
Zutano
Bacon
Y1
79.17 Ed
91.67 Cc
79.17 Ed
95.83 Bb
86.46 D
Y2
79.17 Ed
95.83 Bb
70.83 Ed
91.67 Cc
84.38 E
TTS
91.67 Cc
100.00 Aa
91.67 Cc
87.50 Dd
92.71 A
Blace
87.50 Dd
95.83 Bb
87.50 Dd
87.50 Dd
89.58 C
Mexicola
79.17 Ed
100.00 Aa
91.67 Cc
91.67 Cc
90.63 B
Çeşit Ort
83.34 d
96.67 a
84.17 c
90.83 b
LSD% 5 A*, LSD%5 Ç*, LSD%5 AxÇ*
*: significant (p&lt;0.05)
Means followed by the same letters within each cultivar are not significantly different according to LSD0,05.
Table 1. Effect of rootstocks on the graftsurvival rate (%)

2. The Effects of Different Rootstocks on Shoot Length (cm)
Table 2. shows the effects of different rootstocks on shoot length (cm). Looking into shoot length and
statistical analyses , it can be seen that rootstock and cultivar reciprocal interaction between rootstock and
cultivar are significantly effective. The highest shoot length of 29.24 cm on rootstock level has been obtained
from plants gtafted onto TTS rootstock. The lowest value, however, is observed in plants grafted onto W2
rootstock. The shoot length in this group has been fixed as 18.60 cm (Table 2.).In statistical analyses’ amount
varieties,the highest shoot length of 28.27 cm with Fuerte;the lowest value of 16.62 cm with Bacon has been
recorded (Table 2). At rootstock x cultivar reciprocal interaction level,the highest shoot length value of 36.55
cm has been obtained from Fuerte plants grafted onto TTS rootstock.

Cultivar
Mean Rootstock
Rootstock
Hass
Fuerte
Zutano
Bacon
Y1
18.33 Dd
25.32 Ba
26.37 Aa
15.31 Dd
21.33 C
Y2
21.96 BCd
22.84 BCc
17.67 Dd
11.92 Dd
18.60 D
TTS
29.28 Aa
36.55 Aa
29.97 Aa
21.14 Cd
29.24 A
Blace
23.97 Bb
27.81 Ba
35.38 Aa
16.56 Dd
25.93 B
Mexicola
23.32 Bb
28.82 Aa
30.44 Aa
18.18 Dd
25.19 B
Mean Cultivar
23.37 c
28.27 a
27.97 b
16.62 d
LSD% 5 A*, LSD%5 Ç*, LSD%5 AxÇ*
*: significant (p&lt;0.05)
Means followed by the same letters within each cultivar are not significantly different according to LSD0,05.
Table 2. Effects of rootstocks on the shootlenght (cm)

3. The Effects of Different Rootstocks on Rootstock Diameter (cm)
Data concerning effects of different rootstocks on rootstock diameter and their statistical evaluations
have been presented in Table 3. It has been determined that rootstock diameter indicates different values
according to reciprocal interaction. Upon being evaluated in terms of rootstock,the highest data with rootstock
diameter of 9.39 cm has been measured in plants grafted onto W2 rootstock (Table 3).On the otherhand, when
data in Table 3. are to be examined at cultivar level, the highest rootstock diameter of 9.32 cm with Zutano
cultivar; the lowest rootstock diameter of 8.73 cm at Fuerte cultivar have been found out and fixed. When all
rootstock and cultivars are assesed,the highestrootstock diameter of 9.99 cm has been fixed with Zutano grafted
onto W1 rootstock.

91

�1st International Syposium on Sustainable Development, June 9-10 2009, Sarajevo

Rootstock
Y1
Y2
TTS
Blace
Mexicola
Mean Cultivar
LSD% 5 A*, LSD%5

Cultivar
Hass
Fuerte
8.65 BCc
9.55 Aa
9.88 Aa
8.84 ABb
8.84 ABb
8.13 Cc
8.93 Bb
8.51 Cc
9.20 Aa
8.63 Cc
9.10 a
8.73 bc
Ç*, LSD%5 AxÇ*

Mean Rootstock
Zutano
9.99 Aa
9.53 Aa
9.03 Aa
9.10 Aa
8.94 ABb
9.32 a

Bacon
9.17 Aa
9.32 Aa
8.54 Cc
8.87 Bb
9.09 Aa
8.99 ab

9.34 A
9.39 A
8.64 C
8.85 B
8.97 AB

*: significant (p&lt;0.05)
Means followed by the same letters within each cultivar are not significantly different according to LSD0,05.

Table 3. Effects of rootstocks on the rootstock diameter (cm)

4. The Effects of Different Rootstocks on Scion Diameter (cm)
Data related to effects of different rootstock on scion diameter have been presented in Table 4. Upon
examining scion diameter values and theirstatistical evaluations,itcan be stated thatrootstocks, cultivars and the
reciprocal interaction of these two factors have considerable impact on scion diameter. At rootstock level, the
highest scion diameter value of 5.93 cm has been obtained from plants grafted onto W2 rootstock, while the
lowest value of 18.60 cm has been found in plants grafted onto W2 rootstock (Table 4.). Statistical analyses
between cultivars have been recorded as of the highest scion diameter being 5.99 cm in Bacon cultivar; the
lowest scion diameter being 5.29 cm with Zutano cultivar (Table 4.).

Cultivar
Rootstock
Hass
Fuerte
Y1
5.62 Cb
5.56 Cbc
Y2
6.43 Aa
5.33 Cc
TTS
5.66 Bb
6.50 Aa
Blace
5.71 Ba
5.56 Cbc
Mexicola
6.17 Aa
5.40 Cc
Mean Cultivar
5.92 a
5.67 b
LSD% 5 A*, LSD%5 Ç*, LSD%5 AxÇ*

Mean Rootstock
Zutano
5.81 Aa
4.75 Cc
5.16 Cc
5.53 Cc
5.21 Cc
5.29 c

Bacon
6.02 Aa
5.81 Aa
6.41 Aa
5.70 Ba
5.99 Aa
5.99 a

5.75 B
5.58 C
5.93 A
5.63 BC
5.69 B

*: significant (p&lt;0.05)
Means followed by the same letters within each cultivar are not significantly different according to LSD0,05.

Table 4. Effects of rootstocks on the scion diameter (cm)

Discussion and Conclusion
In the previous studies concerning avocado rootstock and cultivar inter relations, the yield has been
emphasized and assesmentsin graftsurvival rateinthese sources have been mentioned to a certain extent.
Research findings revealthatplants grafted onto differentrootstocks vary interms of graftsurvivalrate,
scion diameter,rootstock diameter and shoot length. Nevertheless, in Fuerte cultivar the highest graft survival
rate (%) has been fixed in plants grafted onto Mexicola rootstock. Similar results show similarities between
findings by Ben-Ya’acov A. and Esther Michelson (1995) who researchs on effect of differentrootstock on graft
survival rate that were previously presented in Fuerte and Hass avocado cultivars. These researchers, in their
studies, have obtained the highest graft survivalrate of 90 % from plants grafted onto Mexicola rootstock To put
itin generalterms, as a resultof such studies,itcan be stated thatthe Fuerte cultivar grafted onto TTS rootstock
seems to be the bestrootstock, scion combination,inthe light of allfindings.

Acknowledgements
The authors greatfully thank Mrs. Sedef Bircan for proofreading the material.

92

�1st International Syposium on Sustainable Development, June 9-10 2009, Sarajevo

References
Bayram S and M. A. Aşkın, 2006. Using of Oil and Dry Matter Parameters in Some Avocado
Cultivars for Determination of Harvest Date. Süleyman Demirel Üniversitesi Ziraat
Fakültesi Dergisi 1(2):38-48
Ben-Ya’acov A. and E. Michelson, 1995. Avokado rootstocks. In: J. Janick (ed.)
Horticultural Reviews. Volume 17:381-429. John Wiley and Sons, Inc. New York, NY.
Coffey M. D, 1987. Phytophthora Root Rot of Avocado — An Integrated Approach to
Control in California. California Avocado Society 1987 Yearbook 71: 121-137
Demirkol, A. 1998. Avocado Growing in Turkey. World Avocado Congress III, 22–27
October, Tel-Aviv. Procedings, 451–456.
Dogrular, H.A, M. Tuncay ve A. Sengüler, 1983. Antalya Ve Alanya Kosullarında Avokado Çesitlerinin Adaptasyonu (Ara
Sonuç Raporu). Turunçgil Arastırma Enstitüsü, Antalya, Yayınlanmamıs.
FAO, 2007. Statistical Database. http://www.fao.org
Kadman, A. and A. Ben-Ya'acov. 1982. Selection of avocado rootstocks for calcareous soils. J. Plant Nutr. 5:639-643.
Krezdorn, A.H., 1973. Influence of Rootstock on Cold Hardiness of Avocados. Proc. Fla. State Hort. Soc. 86:346-348
Mickelbart1 M. V. and M. L. Arpaia, 2002. Rootstock Influences Changes in Ion Concentrations, Growth, and
Photosynthesis of ‘Hass’ Avocado Trees in Response to Salinity. J. AMER. SOC. HORT. SCI. 127(4):649–655.
Reyes-Santamaría I., T. Terrazas, A. F. Barrientos-Priego and C. Trejo, 2002. Xylem conductivity and vulnerability in
cultivars
and
races
of
avocado.
Scientia
Horticulturae,
Vol.92,
Issue
2,
pages
97-105.
Zentmyer G.A.,1987. Avocados Around The World. Calif. Avoc. Soc.Yearb., 71:63-77.

93

�</text>
                  </elementText>
                </elementTextContainer>
              </element>
            </elementContainer>
          </elementSet>
        </elementSetContainer>
      </file>
    </fileContainer>
    <elementSetContainer>
      <elementSet elementSetId="1">
        <name>Dublin Core</name>
        <description>The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.</description>
        <elementContainer>
          <element elementId="79">
            <name>Extent</name>
            <description>The size or duration of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="25406">
                <text>482</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="50">
            <name>Title</name>
            <description>A name given to the resource</description>
            <elementTextContainer>
              <elementText elementTextId="25407">
                <text>The Effects of Five Avocado Rootstocks on Seedling Properties of  Commercial Avocado Cultivars</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="96">
            <name>Author</name>
            <description>Author</description>
            <elementTextContainer>
              <elementText elementTextId="25408">
                <text>Küçük, Sadettin
Coskun, Recep
Temirkaynak, Meliha</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="94">
            <name>Abstract</name>
            <description>A summary of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="25409">
                <text>In this study, results of which have been presented, our aim is to determine  avocado commercial cultivars grown in Antalya- Turkey ecological conditions and their  graft compatibity with Persea americana var. drymifolia and P. nubigena var.  guatemolensis avocado rootstocks. In the research as experimental material Topa Topa,  Blace, Mexicola, W1 and W2 rootstocks together with Hass, Fuerte, Zutano and Bacon  commercial avocado cultivars have been used. The study was conducted between 2006-  2007 in BATEM. The results of the experiment have shown that rootstocks were  statistically significant in the graft survival rate (%), rootstock diameter (cm), scion  diameter (cm), shoot length (cm) and in terms of properties, and the best results could  be achived from plants which are Fuerte avocado cultivar grafted on Topa Topa  rootstock.</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
            <elementTextContainer>
              <elementText elementTextId="25410">
                <text>2009-06</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="97">
            <name>Keywords</name>
            <description>Keywords.</description>
            <elementTextContainer>
              <elementText elementTextId="25411">
                <text>Conference or Workshop Item
PeerReviewed</text>
              </elementText>
            </elementTextContainer>
          </element>
        </elementContainer>
      </elementSet>
    </elementSetContainer>
    <tagContainer>
      <tag tagId="15">
        <name>Q Science (General)</name>
      </tag>
    </tagContainer>
  </item>
  <item itemId="3319" public="1" featured="0">
    <fileContainer>
      <file fileId="4111">
        <src>https://omeka.ibu.edu.ba/files/original/b5d0cf78e053482fa5b85b5273db3804.pdf</src>
        <authentication>1d08b9c38e003aad3b22ec9c0eb73697</authentication>
        <elementSetContainer>
          <elementSet elementSetId="4">
            <name>PDF Text</name>
            <description/>
            <elementContainer>
              <element elementId="52">
                <name>Text</name>
                <description/>
                <elementTextContainer>
                  <elementText elementTextId="25419">
                    <text>The Effects of Five Avocado Rootstocks on Seedling Properties of
Commercial Avocado Cultivars
Sadettin Küçük
Recep Coşkun
Meliha Temirkaynak
West Mediterrenean Agricultural Research Institute, Antalya-Turkey

Abstract: In this study, results of which have been presented, our aim is to determine avocado commercial
cultivars grown in Antalya- Turkey ecological conditions and their graft compatibity with Persea americana
var. drymifolia and P. nubigena var. guatemolensis avocado rootstocks. In the research as experimental material
Topa Topa, Blace, Mexicola, W1 and W2 rootstocks together with Hass, Fuerte, Zutano and Bacon commercial
avocado cultivars have been used. The study was conducted between 2006-2007 in BATEM. The results of the
experiment have shown that rootstocks were statistically significant in the graft survival rate (%), rootstock
diameter (cm), scion diameter (cm), shoot length (cm) and in terms of properties, and the best results could be
achived from plants which are Fuerte avocado cultivar grafted on Topa Topa rootstock.

Keyworlds: Avocado, grafting, scion/rootstock combination, survival rate, Fuerte, Topa Topa.

Indroduction
Avocado is an important fruit species, belonging to Lauracea family, which is evergreen and
economicaly significant (Zentmyer, 1987). Today avocado is being cultivated in nearly 50 countries in the
world. The first rank of avocado production and trade belongs to countries such as Mexico, USA, Brezil,
Dominic Republic and South Africa. World avocado production, as of 2007, has been realized in 3.2 million tons
(FAO, 2007). These countries are relatively far from North European countries where avocado is consumed
extensively. Turkey, due to its geographical and ecological conditions, has plays a significant role in avocado
production and exportation.
Particularly the Mediterrenean Region of Turkey, because of the fact that it supplies special temperature
avocado requires is the most important province in growing this species. There is a 400-ton avocado production
in Turkey all of which is being realized in Antalya, Hatay and Mersin, all situated in the Mediterrenean region.
In order to investigate avocado growing facilities in our country, initial studies in early 1970’s started
via our Institute by introducing the four important commercial avocado cultivars from California. Through this
study and those in forthcoming years, the yield which is to show various cultivars of the Mediterrenean region in
different locations will depict the fruit quality, the harvest time, adaptation to climate, have been examined, and
relative varieties have been selected (Dogrular et al., 1983, Demirkol 1998, Bayram and Aşkın, 2006).
Nevertheless, growing of avocado fruit, which was introduced in Turkey in the 1970’s, has not reached
the required level as yet. At present, there is an avocado production of 400 tons in our country, particularly in the
Mediterrenean region.
In fruit culture, grafting of different scions and rootstocks has been a traditional practise with the aim to
confer dwarfing characteristics and resistance to environmental stress like salinity, cold, drought, pests and
diseases. The new charecteristics obtained in the plant must be the result of an intense interaction between the

38

�rootstock and scion carrying different genetic information (Reyes-Santamaria et all. 2002, Mickelbart1 and
Arpaia, 2002, Krezdorn, 1973).
Commercial avocado trees are propagated by grafting of budding scions of desirable cultivars onto
seedling or grafted rootstocks. Avocados can be grown from seeds, but fruit quality and yield potential will be
quite variable. Grafted on budded avokado trees usually produce fruits when three to five years old, while
seedlings often require five to seven years.
Originating in the tropics, the avocado is very sensitive to climatic factors prevailing in the subtropics,
especially drought and extreme temperatures. Extreme temperatures result in low productivity and sometimes
even in severe damage to the tree canopy ( Bergh 1976; Oppenheimer 1978). Avocado is also sensitive to soil
stress and salinity. A very common soil stress factor is root rot disease, caused by the fungus Phytophthora
cinnamomi, which is usually associated with lack of aeration ( Ben-Ya’acov and Michelson, 1995). In certain
years, due to this disease factor in avocado orchard in California, it has been stated that asmuch as 20% tree loss
took place. In avocado growing, there is no resistant to this disease in tropical and subtropical climate zones.
However by using grafting tecniques, it is possible to reduce loss resulting from this disease factor.
The main climatic factor affecting avocado production in the cooler subtropics is low temperatures.
Indeed, avocado is extremly sensitive to cold, especially in the blooming period. Furthermore, chilling problems
associated with avocado growing in the subtropics such as Turkey do occur. Commercial avocado cultivars are
more sensitive to cold temperature than rootstocks. Grafting is a widely used technique in avocado growing
regions namely Turkey, Israel and Spain, for rootstocks are resistant to cold. Therefore, some rootstocks
belonging to Mexican race, which is widely used in grafting, are more resistant to cold than others.
Referring to the requirements mentioned above, the objective of this study, results of which have been
presented, was to evaluate the rootstock potential of avocado cultivars, ‘Topa Topa’, ‘Blace’, ‘Mexicola’, ‘W1’
and ‘W2’ for commercial avocado cultivars.

Material and Methods
This study was conducted between the years 2006-2007 in a nursery situated in West Mediterrenean
Agricultural Research Institute in Antalya-Turkey (360 52 N', 300 43' E).
In this study, five Mexican rootstocks (Topa Topa’, ‘Blace’, ‘Mexicola’, ‘W1’ and ‘W2’ were evaluated
as rootstocks.Hass (belonging to Guatemale race), Zutano (belonging to Mexican race), Bacon and Fuerte
(MexiconxGuatemala hybrids) were used as scions. By the time rootstocks levelled to 75 cm on May 2nd 2007,
scions were grafted onto rootstocks with Whip&amp;Tongue Grafting. On July 20th 2007, graft tie was untied; graft
survival rate (%), rootstock diameter (cm), scion diameter (cm) and shoot length (cm; distance between graft
point and the top of shoot) were measured.
All grafting groups were laid out with three replications and 10 plants in each replicants in the
randomised block experimental design. Data were subject to analysis of variance by SAS statistical program
(SAS Institute, Version 7) and means were compared by LSD’s (Least Significant Differences) test at 0.05
significance levels.

39

�Results
1. The Effects of Different Rootstocks on Graft Survival Rate (%)
The effects of different rootstocks on graft survival rate (%) is shown in Table 1. Results reveal that the
effects of rootstocks on graft survival rate (%) are statisticaly significant (Table 1). According to reciprocal
interaction between rootstocka and cultivars, it can be observed that graft survival rate is directly associated
with, rootstocks and cultivars and their reciprocal interaction, at main effect level. At rootstock level, the highest
graft survival rates that have been found out and fixed were 92.7 % in TTS rootstocks; the lowest graft survival
rate 83.38 % in Y2 rootstock . When graft survival rates of cultivars are evaluated, on the otherhand, the highest
graft survival rate of 96.67 % was determined in Fuerte cultivar.This cultivar is followed by Bacon (90.83) and
Zutano (84.17 %) cultivar. Consequently, in terms of graft survival rate, however, the lowest graft survival rate
of 83.34 % has been determined in Hass cultivar. Upon examination of data in Table 1.it can be seen that at
reciprocal interaction level, Fuerte onto which TTS and Mexicola rootstock were grafted with a highest 100%
graft survival rate was found. These differences, most probably resulting from ecological conditions,
maintanence and the differences between cultural practices that are applied. Nonetheless, results clearly indicate
rootstocks have affected graft survival rates and in the defined experiment conditions, the best results have been
achieved from plants grafted onto TTS rootstocks.
Table 1. Effect of rootstocks on the graft survival rate (%)
Cultivar
Hass
Fuerte
Zutano
Rootstock
Y1
79.17 Ed
91.67 Cc
79.17 Ed
Y2
79.17 Ed
95.83 Bb
70.83 Ed
TTS
91.67 Cc
91.67 Cc
100.00 Aa
Blace
87.50 Dd
95.83 Bb
87.50 Dd
Mexicola
79.17 Ed
91.67 Cc
100.00 Aa
Çeşit Ort
83.34 d
96.67 a
84.17 c
LSD%5 A*, LSD%5 Ç*, LSD%5 AxÇ*

Mean Rootstock
Bacon
95.83 Bb
91.67 Cc
87.50 Dd
87.50 Dd
91.67 Cc
90.83 b

86.46 D
84.38 E
92.71 A
89.58 C
90.63 B

*: significant (p&lt;0.05)
Means followed by the same letters within each cultivar are not significantly different according to LSD0,05.

2. The Effects of Different Rootstocks on Shoot Length (cm)
Table 2. shows the effects of different rootstocks on shoot length (cm). Looking into shoot length and
statistical analyses , it can be seen that rootstock and cultivar reciprocal interaction between rootstock and
cultivar are significantly effective. The highest shoot length of 29.24 cm on rootstock level has been obtained
from plants gtafted onto TTS rootstock. The lowest value, however, is observed in plants grafted onto W2
rootstock. The shoot length in this group has been fixed as 18.60 cm (Table 2.). In statistical analyses’ amount
varieties, the highest shoot length of 28.27 cm with Fuerte; the lowest value of 16.62 cm with Bacon has been
recorded (Table 2). At rootstock x cultivar reciprocal interaction level, the highest shoot length value of 36.55
cm has been obtained from Fuerte plants grafted onto TTS rootstock.

40

�Table 2. Effects of rootstocks on the shoot lenght (cm)
Cultivar
Hass
Fuerte
Zutano
Rootstock
Y1
18.33 Dd
25.32 Ba
26.37 Aa
Y2
21.96 BCd
22.84 BCc
17.67 Dd
TTS
29.28 Aa
36.55 Aa
29.97 Aa
Blace
23.97 Bb
27.81 Ba
35.38 Aa
Mexicola
23.32 Bb
28.82 Aa
30.44 Aa
Mean Cultivar
23.37 c
28.27 a
27.97 b
LSD%5 A*, LSD%5 Ç*, LSD%5 AxÇ*

Mean Rootstock
Bacon
15.31 Dd
11.92 Dd
21.14 Cd
16.56 Dd
18.18 Dd
16.62 d

21.33 C
18.60 D
29.24 A
25.93 B
25.19 B

*: significant (p&lt;0.05)
Means followed by the same letters within each cultivar are not significantly different according to LSD0,05.

3. The Effects of Different Rootstocks on Rootstock Diameter (mm)
Data concerning effects of different rootstocks on rootstock diameter and their statistical evaluations
have been presented in Table 3. It has been determined that rootstock diameter indicates different values
according to reciprocal interaction. Upon being evaluated in terms of rootstock, the highest data with rootstock
diameter of 9.39 mm has been measured in plants grafted onto W2 rootstock (Table 3). On the otherhand, when
data in Table 3. are to be examined at cultivar level, the highest rootstock diameter of 9.32 cm with Zutano
cultivar; the lowest rootstock diameter of 8.73 mm at Fuerte cultivar have been found out and fixed. When all
rootstock and cultivars are assesed, the highest rootstock diameter of 9.99 cm has been fixed with Zutano grafted
onto W1 rootstock.
Table 3. Effects of rootstocks on the rootstock diameter (mm)
Cultivar
Hass
Fuerte
Zutano
Rootstock
Y1
8.65 BCc
9.55 Aa
9.99 Aa
Y2
9.88 Aa
8.84 ABb
9.53 Aa
TTS
8.84 ABb
8.13 Cc
9.03 Aa
Blace
8.93 Bb
8.51 Cc
9.10 Aa
Mexicola
9.20 Aa
8.63 Cc
8.94 ABb
Mean Cultivar
9.10 a
8.73 bc
9.32 a
LSD%5 A*, LSD%5 Ç*, LSD%5 AxÇ*

Mean Rootstock
Bacon
9.17 Aa
9.32 Aa
8.54 Cc
8.87 Bb
9.09 Aa
8.99 ab

9.34 A
9.39 A
8.64 C
8.85 B
8.97 AB

*: significant (p&lt;0.05)
Means followed by the same letters within each cultivar are not significantly different according to LSD0,05.

4. The Effects of Different Rootstocks on Scion Diameter mcm)
Data related to effects of different rootstock on scion diameter have been presented in Table 4. Upon
examining scion diameter values and their statistical evaluations,it can be stated that rootstocks, cultivars and the
reciprocal interaction of these two factors have considerable impact on scion diameter. At rootstock level, the
highest scion diameter value of 5.93 mm has been obtained from plants grafted onto W2 rootstock, while the
lowest value of 18.60 mm has been found in plants grafted onto W2 rootstock (Table 4.). Statistical analyses
between cultivars have been recorded as of the highest scion diameter being 5.99 mm in Bacon cultivar; the
lowest scion diameter being 5.29 mm with Zutano cultivar (Table 4.).

41

�Table 4. Effects of rootstocks on the scion diameter (mm)
Cultivar
Hass
Fuerte
Rootstock
Y1
5.62 Cb
5.56 Cbc
Y2
6.43 Aa
5.33 Cc
TTS
5.66 Bb
6.50 Aa
Blace
5.71 Ba
5.56 Cbc
Mexicola
6.17 Aa
5.40 Cc
Mean Cultivar
5.92 a
5.67 b
LSD%5 A*, LSD%5 Ç*, LSD%5 AxÇ*

Zutano
5.81 Aa
4.75 Cc
5.16 Cc
5.53 Cc
5.21 Cc
5.29 c

Mean Rootstock
Bacon
6.02 Aa
5.81 Aa
6.41 Aa
5.70 Ba
5.99 Aa
5.99 a

5.75 B
5.58 C
5.93 A
5.63 BC
5.69 B

*: significant (p&lt;0.05)
Means followed by the same letters within each cultivar are not significantly different according to LSD0,05.

Discussion and Conclusion
In the previous studies concerning avocado rootstock and cultivar inter relations, the yield has been
emphasized and assesments in graft survival rate in these sources have been mentioned to a certain extent.
Research findings reveal that plants grafted onto different rootstocks vary in terms of graft survival rate,
scion diameter,rootstock diameter and shoot length. Nevertheless, in Fuerte cultivar the highest graft survival
rate (%) has been fixed in plants grafted onto Mexicola rootstock. Similar results show similarities between
findings by Ben-Ya’acov A. and Esther Michelson (1995) who researchs on effect of different rootstock on graft
survival rate that were previously presented in Fuerte and Hass avocado cultivars. These researchers, in their
studies, have obtained the highest graft survival rate of 90 % from plants grafted onto Mexicola rootstock To put
it in general terms, as a result of such studies, it can be stated that the Fuerte cultivar grafted onto TTS rootstock
seems to be the best rootstock, scion combination, in the light of all findings.

Acknowledgements
The authors greatfully thank Mrs. Sedef Bircan for proofreading the material.

References:
Bayram S and M. A. Aşkın, 2006. Using of Oil and Dry Matter Parameters in Some Avocado
Cultivars for Determination of Harvest Date. Süleyman Demirel Üniversitesi Ziraat
Fakültesi Dergisi 1(2):38-48
Ben-Ya’acov A. and E. Michelson, 1995. Avokado rootstocks. In: J. Janick (ed.)
Horticultural Reviews. Volume 17:381-429. John Wiley and Sons, Inc. New York, NY.
Coffey M. D, 1987. Phytophthora Root Rot of Avocado — An Integrated Approach to
Control in California. California Avocado Society 1987 Yearbook 71: 121-137
Demirkol, A. 1998. Avocado Growing in Turkey. World Avocado Congress III, 22–27
October, Tel-Aviv. Procedings, 451–456.
Dogrular, H.A, M. Tuncay ve A. Sengüler, 1983. Antalya Ve Alanya Kosullarında Avokado
Çesitlerinin Adaptasyonu (Ara Sonuç Raporu). Turunçgil Arastırma Enstitüsü, Antalya,
Yayınlanmamıs.
FAO, 2007. Statistical Database. http://www.fao.org
Kadman, A. and A. Ben-Ya'acov. 1982. Selection of avocado rootstocks for calcareous soils.
J. Plant Nutr. 5:639-643.
Krezdorn, A.H., 1973. Influence of Rootstock on Cold Hardiness of Avocados. Proc. Fla.
State Hort. Soc. 86:346-348
Mickelbart1 M. V. and M. L. Arpaia, 2002. Rootstock Influences Changes in Ion
Concentrations, Growth, and Photosynthesis of ‘Hass’ Avocado Trees in Response to
Salinity. J. AMER. SOC. HORT. SCI. 127(4):649–655.
Reyes-Santamaría I., T. Terrazas, A. F. Barrientos-Priego and C. Trejo, 2002. Xylem
conductivity and vulnerability in cultivars and races of avocado. Scientia Horticulturae,
Vol.92, Issue 2, pages 97-105.
Zentmyer G.A.,1987. Avocados Around The World. Calif. Avoc. Soc.Yearb., 71:63-77.

42

�</text>
                  </elementText>
                </elementTextContainer>
              </element>
            </elementContainer>
          </elementSet>
        </elementSetContainer>
      </file>
    </fileContainer>
    <elementSetContainer>
      <elementSet elementSetId="1">
        <name>Dublin Core</name>
        <description>The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.</description>
        <elementContainer>
          <element elementId="79">
            <name>Extent</name>
            <description>The size or duration of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="25413">
                <text>647</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="50">
            <name>Title</name>
            <description>A name given to the resource</description>
            <elementTextContainer>
              <elementText elementTextId="25414">
                <text>The Effects of Five Avocado Rootstocks on Seedling Properties of Commercial Avocado Cultivars</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="96">
            <name>Author</name>
            <description>Author</description>
            <elementTextContainer>
              <elementText elementTextId="25415">
                <text>Küçük, Sadettin
Çoskun, Recep
Temirkaynak, Meliha</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="94">
            <name>Abstract</name>
            <description>A summary of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="25416">
                <text>In this study, results of which have been presented, our aim is to determine avocado commercial  cultivars grown in Antalya- Turkey ecological conditions and their graft compatibity with Persea americana   var. drymifolia and P. nubigena var. guatemolensis avocado rootstocks. In the research as experimental material  Topa Topa, Blace, Mexicola, W1 and W2 rootstocks together with Hass, Fuerte, Zutano and Bacon commercial  avocado cultivars have been used. The study was conducted between 2006-2007 in BATEM. The results of the  experiment have shown that rootstocks were statistically  significant in the graft survival rate (%), rootstock  diameter (cm), scion diameter (cm), shoot length (cm) and in terms of properties, and the best results could be  achived from plants which are Fuerte avocado cultivar grafted on Topa Topa rootstock.</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
            <elementTextContainer>
              <elementText elementTextId="25417">
                <text>2009-06</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="97">
            <name>Keywords</name>
            <description>Keywords.</description>
            <elementTextContainer>
              <elementText elementTextId="25418">
                <text>Conference or Workshop Item
PeerReviewed</text>
              </elementText>
            </elementTextContainer>
          </element>
        </elementContainer>
      </elementSet>
    </elementSetContainer>
    <tagContainer>
      <tag tagId="15">
        <name>Q Science (General)</name>
      </tag>
    </tagContainer>
  </item>
  <item itemId="447" public="1" featured="0">
    <fileContainer>
      <file fileId="460">
        <src>https://omeka.ibu.edu.ba/files/original/79c14e12d203dbfa09aa643a713ed41d.pdf</src>
        <authentication>d8fcab8f300e5cbae3a0969545de1256</authentication>
        <elementSetContainer>
          <elementSet elementSetId="4">
            <name>PDF Text</name>
            <description/>
            <elementContainer>
              <element elementId="52">
                <name>Text</name>
                <description/>
                <elementTextContainer>
                  <elementText elementTextId="3430">
                    <text>Journal of Economic and Social Studies

The Effects of Foreign Direct Investments on Transition
Economies: The Balkans Case
Emre M. Görgülü
Afyon Kocatepe University
Turkey
egorgulu@aku.edu.tr

Abstract: The stabilized economic growth in the
long-run lies ahead as an obstacle in the long road
of development for many transition economies
especially for those are in the Balkans. Some of the
Balkan countries such as Croatia and Bulgaria have
managed to get aboard to the European Union train.
But for many others, the train has not arrived yet.
Furthermore, many of those non-European Union
member transition economies in the Balkans have
to deal with an inheritance of a war economy
experienced during early 90s. Today non-European
Union member transition economies in the Balkans
need to increase the capital flows to their countries
for economic growth purposes. The literature on
foreign direct investments suggest that there may
be some positive effects on the economic growth of
the host countries depending on many conditions most commonly on absorptive capacities. However,
are they really ready for this? Are the absorptive
capacities in those countries at the extent in
which enable them to extract benefits from foreign
investments? The answer to this question is the
key to truly understand the effects of foreign direct
investments in those countries. Therefore, in this
study, the effects of foreign direct investments on the
economic growth of non-European Union member
transition economies in the Balkans are investigated
from the absorptive capacity perspective. This paper
serves a role in comprehending the true dynamics
of absorptive capacities measured through a new
technique presented in this paper. The results confirm
that current foreign direct investment flows to those
non-European Union member Balkan countries
are not able to work miracles given the absorptive
capacities of the host countries.

Volume 5 Number 2 Fall 2015

Keywords: Foreign Direct Investments;
Transition Economies; Economic Development; Absorptive Capacities
JEL Classification: F21, O40, O43, P24,
P33
Article History
Submitted: 29 April 2015
Resubmitted: 24 July 2015
Resubmitted: 8 September 2015
Accepted: 9 September 2015
http://dx.doi.org/10.14706/JECOSS15523

23

�Emre M. Görgülü

Introduction
Following the painful 90s, stabilized economic growth becomes the predominant
objective for most of the Balkans. In this direction, some of the Balkan countries
such as Croatia and Bulgaria have managed to get aboard to the European Union
(EU) train. But for many others, the train has not arrived yet. Moreover, being a
transition economy in the Balkans creates additional burdens to these counties. Having
experienced the harsh Bosnian War and the lagged effects of it, those countries are still
struggling to find their way into the long road of development.
As an international political instrument Foreign Direct Investments (FDIs) are playing
an increasingly important role in economic development. By means of FDIs, the host
countries may be affected positively through externality effects and capital enhancement
(Alfaro, Chanda, Kalemli-Ozcan, and Sayek, 2006; Sun, 2002). However, FDIs can
also create adverse effects such as external-dependency and imbalances in local markets.
The outcome on the host economies basically depends on the level of absorptive
capacities in these countriesi. Thus, the effects of FDIs in host countries with solid
administrative, financial and economical infrastructures differ from the effects in
countries lack such structures. These structural differences create a long range of effects
on the host countries.
In this paper, the effects of FDIs on economic growth of transition economies in the
Balkans are investigated through an absorptive capacity perspective. The distinction
between EU member Balkan countries and non-EU member Balkan countries has
been made in the paper with “transition” concept taken into account; since EU
members would be expected to have a better absorptive capacity due to EU obligations
has to be fulfilled in order to reach EU standards. Thus, this paper concentrates only on
non-EU member transition economies in the Balkansii. Accordingly, the FDIs in the
host countries that have some level of absorptive capacities may have some effects that
accelerate the growth, while, the FDIs in countries that lack such absorptive capacities,
may not promote the growth. Moreover, there is a mutual relationship between
absorptive capacities and FDIs. On one hand, absorptive capacities can stimulate the
effects of FDIs to both positive and negative sides; on the other hand, FDI flows to a
country are in line with the absorptive capacity of that country; as the capacity increases
the possibility of increased FDI flows arises (Alfaro et al., 2004; Alfaro et al., 2006).
Therefore, the absorptive capacities of the host countries are of vital importance when
it comes down to FDIs. Through the absorptive capacity perspective the aim of this
paper is to empirically reveal to what extent transition economies in the Balkans can
utilize FDIs. Given the potential significance of FDIs on economic development, this
paper not only offers an overall guideline on the matter for the transition economies
in the Balkans but also presents a new technique to measure the absorptive capacities.
Through the new technique employed to measure absorptive capacities, the study aims
at contributing to the literature.

24

Journal of Economic and Social Studies

�The Effects of Foreign Direct Investments on Transition Economies: The Balkans Case

Following the introduction, the FDI movements in Balkans are handled in the second
part. In the third part, a comprehensive reasoning for the concept of absorptive capacity
and its ties with FDIs takes place along with the empirical analyses applied to the
sample. Findings of the analysis are also presented in this part. In the final conclusion
part, the results of the analyses have been studied and the paper has been concluded.
FDIs in the Balkans
The International Monetary Fund (IMF) listed transition economies in 2000
(International Monetary Fund, 2000). According to this list; Croatia, Bulgaria,
Albania and Macedonia were listed as transition economies. Later, the World Bank
added Bosnia Herzegovina and then Serbia and Montenegro as transition economies
as well in 2002 (The World Bank, 2002). After Bulgaria’s membership to EU in 2007,
World Bank no longer considered her as a transition economy (Alam, Casero, Khan,
and Udomsaph, 2008). Further, while the World Bank includes Kosovo to the list of
transition economies in 2009 (The World Bank, 2010), she still remains as a partially
recognized state due to ongoing territorial claim issues with Serbia (Rettman, 2013)
iii
. Moreover, even though, Croatia is still considered as a transition economy, its good
economic performance starting from the 2000s and her membership to EU, singles
her out from the rest of the group along with Bulgaria. Due to the fact that she is an
EU member now, it is expected from her to have a better absorptive capacity needed
to carry out EU integration. Therefore, for the purposes of this study, only Albania,
Bosnia Herzegovina, Macedonia, Montenegro and Serbia fit in the group of non-EU
member transition economies in the Balkans and are considered in the sample.
Following the dissolution of Eastern Bloc, the Balkans faces an era of turmoil and
wars. In this period of turmoil in the Balkansiv economic stability was far beyond
reach. Naturally, as a result of the socialist heritage and the era of wars and turmoil,
foreign investments were not significant at the time. Total FDI inflows for the nonEU member transition countries in the Balkans; namely Albania, Bosnia Herzegovina,
Montenegro, Serbia - Serbia and Montenegro at the timev - and Macedonia in the
period of 1992-2001 was 3.82 billion US Dollars (United Nations Conference on
Trade and Development, 2015). Whereas the total FDI outflows for the same group
of countries in the same period was only 14.64 million US Dollars (United Nations
Conference on Trade and Development, 2015).
After 2001, the region finally reaches peace and with the increasing global free
movement of capital, FDI movements for these countries increased remarkably. For the
period 2002-2013 FDI inflows in the region rose sharply to 51.69 billion US Dollars,
while FDI outflows reached 2.97 billion US Dollars (United Nations Conference on
Trade and Development, 2015). Since following 2001 the region could finally start to
operate in a market manner, the period 2002-2013 was taken as the time frame for the
analyses conducted in this paper.

Volume 5 Number 2 Fall 2015

25

�Emre M. Görgülü

According to the FDI movement data (United Nations Conference on Trade and
Development, 2015) in the region; for the pre-2002 period Serbia and Montenegro
was the biggest FDI recipient with a total of 1.52 billion US Dollars and largest FDI
sender with nearly 14 million US Dollars in total. For the post-2002 period, despite
Serbia and Montenegro cease to exist as a union at 2006, they still remain the largest
FDI recipient country in the region with 15.6 billion US Dollars, such that they almost
attract more foreign investment than the two countries combined for the period. As
for the FDI outflows Serbia and Montenegro still top the list with a figure of 1.41
billion US Dollars. However, the Union owes this FDI movement success mainly to
Serbia with her 12.9 billion US Dollars inflow and 924.6 million US Dollars outflow
performances (United Nations Conference on Trade and Development, 2015). Below
Figure-1 shows FDI inflows to the region for the entire 1992-2013 period, while
Figure-2 presents FDI outflows from the region for the same period.
Figure 1. FDI Inflows to non-EU Member Transition Economies in the Balkans
(millions)

Source: United Nations Conference on Trade and Development (2015)
Figure 2. FDI Outflows from non-EU Member Transition Economies in the Balkans
(millions)

Source: United Nations Conference on Trade and Development (2015)

26

Journal of Economic and Social Studies

�The Effects of Foreign Direct Investments on Transition Economies: The Balkans Case

The pre-2002 period for the region has no significant FDI movement, and for the
post-2002 period, it is worth concentrating on 2008-2013 period since Serbia and
Montenegro started to have separate data from that date on and between these dates
we can truly observe increased FDI movements. So, for the period 2008-2013 FDI
movements in the region is summarized for inflows and outflows in Table 1 and Table
2 respectively. However, for the statistical significance purpose, we would need more
observations. Therefore, given data availability constraints in the sample, the analyses
are made for the period 2002-2013.
Table 1. FDI Inflows to non-EU Member Transition Economies in the Balkans (USD
in Millions)
Year
Country
2008 2009 2010 2011 2012 2013
Albania
974
996 1051 876
855 1225
Bosnia and Herzegovina
1002 250
406 493
366
332
Montenegro
960 1527 760 558
620
447
Serbia
3492 2358 1813 3257 659 1377
Macedonia

586

201

212

468

93

334

Source: United Nations Conference on Trade and Development (2015)
Table 2. FDI Outflows from non-EU Member Transition Economies in the Balkans
(USD in Millions)
Year
Country
2008 2009 2010 2011 2012 2013
Albania
81
39
6
30
23
40
Bosnia and Herzegovina
17
6
46
18
15
-13
Montenegro
108
46
29
17
27
17
Serbia
319
67
235 191
75
37
Macedonia
-14
11
2
0
-8
-2
Source: United Nations Conference on Trade and Development (2015)
According to the analyses conducted in this study, FDI effectiveness is measured
through its effects on Gross Domestic Product (GDP) growth in the host countries.
Therefore, in order to create an insight for the matter it would be helpful to compare
the FDI inflows to countries in the sample with their GDP performances in the given
period. In this direction FDI inflows and GDP performances of the countries in sample
is given in Figure-3, Figure-4, Figure-5, Figure-6 and Figure-7 for Albania, Bosnia and
Herzegovina, Montenegro, Serbia and Macedonia respectively. At the first glance, one
can observe that all countries in the sample has been affected from the 2007-2008 crisis

Volume 5 Number 2 Fall 2015

27

�Emre M. Görgülü

and 2011 recession experienced by the globe (International Monetary Fund, 2014).
Figure 3. Albania FDI Inflows-GDP (USD in millions)

Source: International Monetary Fund (2014), United Nations Conference on Trade
and Development (2015)
For the period 2008-2013 Albanian FDI inflows could only exceed 1 billion USD
benchmark only in 2010 and in 2013. Her GDP on the other shows a steady movement
around the 12 billion USD band. Even though the linear relationship between FDI
inflows and GDP figures is not clearly visible at first sight, FDI inflow percentage in
Albanian GDP is around 8 to 10 percent in the period (International Monetary Fund,
2014; United Nations Conference on Trade and Development, 2015).
Figure 4. Bosnia Herzegovina FDI Inflows-GDP (USD in millions)

Source: International Monetary Fund (2014), United Nations Conference on Trade
and Development (2015)
Bosnia and Herzegovinian FDI inflows saw a sharp decline following 2007-2008
global crises, and showing no signs of improvement as of 2013. However, Bosnia and
Herzegovinian GDP performance seems to be stable around 17-18 billion USD band

28

Journal of Economic and Social Studies

�The Effects of Foreign Direct Investments on Transition Economies: The Balkans Case

and displaying little evidence for a linear relationship between FDI inflows and GDP
numbers (International Monetary Fund, 2014; United Nations Conference on Trade
and Development, 2015).
Figure 5. Montenegro FDI Inflows-GDP (USD in millions)

Source: International Monetary Fund (2014), United Nations Conference on Trade
and Development (2015)
For Montenegro the only year FDI inflows was able to exceed 1 billion USD level
was 2009. The GDP performance for Montenegro was around 4-4.5 billion USD,
which is the main reason behind high FDI inflow percentage in GDP in Montenegro.
Although the FDI inflow percentage in Montenegro’s GDP is quite high, the linear
relationship between them seems to be in opposite direction for many years in the
period (International Monetary Fund, 2014; United Nations Conference on Trade and
Development, 2015).
Figure 6. Serbia FDI Inflows-GDP (USD in millions)

Source: International Monetary Fund (2014), United Nations Conference on Trade
and Development (2015)

Volume 5 Number 2 Fall 2015

29

�Emre M. Görgülü

The linear relationship between FDI inflows and GDP figures for Serbia is more
viable then the first three countries in the sample. At each year FDIs and GDP figures
move in the same direction. However, it is observable that Serbian FDI inflows took
serious hits along the way. While Serbian FDI inflows were around 3.5 billion USD
in 2008, it saw nearly 1.4 billion USD in 2013. Serbia’s latest GDP was around 42.5
billion USD in 2013 which was still roughly 5 billion USD short of Serbian GDP in
2008 (International Monetary Fund, 2014; United Nations Conference on Trade and
Development, 2015).
Figure 7. Macedonia FDI Inflows-GDP (USD in millions)

Source: International Monetary Fund (2014), United Nations Conference on Trade
and Development (2015)
Despite the fact that Macedonia has the last place in the FDI attractiveness list of
the sample, the relationship between FDI and GDP is most clearly observable in
Macedonia among all countries in the group. Like Serbia, the two variables move in
the same direction at each year for Macedonia. Macedonian FDI inflows were around
316 million USD on average for the period and her GDP was around 9.8 billion
USD on average for the period (International Monetary Fund, 2014; United Nations
Conference on Trade and Development, 2015).
Furthermore, FDI inflow percentage in GDP figures of the host countries is also an
important indicator to show the relative magnitude of FDIs in those countries. FDI
inflow percentages in GDP Figures for the 5 countries are given below in Figure-8 for
the study period (United Nations Conference on Trade and Development, 2015).

30

Journal of Economic and Social Studies

�The Effects of Foreign Direct Investments on Transition Economies: The Balkans Case

Figure 8. FDI Percentage in GDP

Source: United Nations Conference on Trade and Development (2015)
To what Extent can FDIs Promote Economic Growth in the Balkans?
Gorgulu and Akcay (2012) state that in the broadest sense, the absorptive capacity of
a country is composed of the appropriate regulations and the quality of administrative
and economical structure existing in that country. Countries that have sound
administrative structure and orderly solid markets have high absorptive capacities and
thus are able to benefit as much as possible from the FDIs. Countries that lack such
sound administrative and financial structures however are not able to extract such
positive effects from the FDIs (Alfaro et al., 2004; Alfaro et al., 2006).
In the FDI-absorptive capacities literature, absorptive capacities are measured in
various ways. Blomstrom, Lipsey and Zejan (1994) focus on the technology gap as
an absorptive capacity indicator and Li and Lui (2005) measured the technology
gap as the ratio of the gap between US GDP and host country GDP relative to host
country GDP. Lu and Lui also measured years of schooling as a proxy for absorptive
capacity (Li and Lui, 2005) along with Borensztein, Gregorio and Lee (1998), thus
aiming at revealing the role of human development in absorptive capacities. Financial
development is also another strong indicator for absorptive capacities. Durham (2004)
uses total stock market capital formation relative to GDP as a financial development
measure of absorptive capacity. Credit market lending capacity to the private sector
is another proxy for financial development in terms of absorptive capacity (Hermes
and Lensink, 2003). Durham (2004) also uses several indexes covering regulation of
business property rights and corruption to indicate institutional development as part
of the absorptive capacity (Krogstrup and Matar, 2005).
In this study, absorptive capacities of the host countries are measured by a new
method that is a combination of the well accepted techniques existent in the literature.
Accordingly, in order to measure the absorptive capacities of the host countries first the
technology gap has been found as did Li and Lui (2005) through a ratio of difference
of GDPs among US -given their technological advancement- and host countries to

Volume 5 Number 2 Fall 2015

31

�Emre M. Görgülü

host country GDPs (International Monetary Fund, 2014). And since the technology
gap would be affecting the growth performances in the host countries, the gap figures
were multiplied by -1. Then for each country and for each year within the period an
average of Human Development Index (United Nations Development Programme,
2015) values, gross capital formation values as percentage of GDP (The World Bank,
2015) and domestic credit to private sector values as percentage of GDP (The World
Bank, 2015) were taken and subtracted from 1 to multiply with the gap values in
order to assure that a high average would diminish the technology gap’s negative
effects on growth. Theoretically with a perfect score -average of 1, it is even possible
to offset the technology gap’s negative effects on growth - since the gap value would
be multiplied by 0 in this case. Thus, as the absorptive capacity value gets closer to 0,
host countries perform better because they would become more able to eliminate the
effects of technology gap. By doing so, technology gap, human capital development
and financial development aspects of absorptive capacity concept are all captured in
the analyses.
Moreover, in this study a simple empirical regression model is employed and the
analyses are conducted separately for each country in the sample. Accordingly the
empirical model to be used in OLS regression is as follows:
Yit- Yit-1 = α + θ(Yit-1) + β(FDIit) + δ(ACit)+ εi			

(1)

In the empirical model, Yit - Yit-1 is specified as the dependent variable, where Yit is the
value of per capita GDP (International Monetary Fund, 2014) in current US Dollars.
Using current dollars in the model enables inflation to be included in the model as part
of economic growth and indirectly of financial development. Taking the differences in
per capita GDP figures between consecutive years is to exhibit the growth in per capita
GDP from year to year. Moreover, while Yit-1 indicates the value of per capita GDP of
the previous year (International Monetary Fund, 2014), FDIit represents annual per
capita FDI inflows (United Nations Conference on Trade and Development, 2015),
and ACit refers to the absorptive capacities of the host countries where the measure
is obtained through a series of calculations explained above (International Monetary
Fund, 2014; United Nations Development Programme, 2015; The World Bank,
2015). The usage of per capita values is to measure the standard of living. Unlike per
capita GDP, growth of GDP is not a measure for standard of living.
When the results of the applied analyses to the sample are taken into consideration, it
is observed that all models exhibit statistical significance. Moreover, while the results
fail to confirm growth enhancing effects of FDIs, they also confirm negative effects of
previous years’ per capita GDP for all countries in the sample.
According to the results of the analyses applied to Albania, it is revealed that Albanian
per capita GDP growth performance is negatively affected by both previous years’ per
capita GDP and by the lack of a necessary absorptive capacity level in the country.
Thus, due to the absence of a necessary absorptive capacity level, FDIs in Albania have
no effect on economic growth and the low level of absorptive capacity in the country
negatively affects economic growth in Albania as far as this study concerned.

32

Journal of Economic and Social Studies

�The Effects of Foreign Direct Investments on Transition Economies: The Balkans Case

In Bosnia and Herzegovina, the results cannot confirm the significance of absorptive
capacity in the country at 95% confidence interval. However, at 90% confidence
interval it is possible to say that the absorptive capacity level in Bosnia and Herzegovina
negatively effects per capita GDP growth. Further, FDIs in Bosnia and Herzegovina
have also failed to exhibit any growth promoting effects. Previous year’s per capita
GDP also negatively effects the economic growth in Bosnia and Herzegovina.
Like the first two countries, Macedonian economic growth also suffers from previous
years’ per capita GDP. Moreover, the results fail to confirm statistical significance for
Macedonian absorptive capacity at 95% confidence interval but it is still possible to
make some significant comments about the absorptive capacity at 90% confidence
interval. Accordingly, it is observed that Macedonia lacks the necessary level of
absorptive capacity, and due to this reason, FDIs in Macedonia have no significant
effect on economic growth and the economic growth in Macedonia suffers from the
level of absorptive capacity in the country.
In the analysis applied to Montenegro, is has been found out that every variable has a
statistical significance. Like others, Montenegro is also negatively affected by previous
years’ per capita GDP. It has also been found that, there is a negative effect of the local
absorptive capacity level in the country on economic growth, and lack of necessary
level of absorptive capacity causes FDIs in Montenegro to have a negative effect on per
capita economic growth.
The picture is not so much different for Serbia. The results reveal that, the absorptive
capacity level in the country is far below the necessary level. That’s why while the
absorptive capacity in Serbia has a negative role on economic growth, FDIs have no
significant effect. Like the rest of the sample Serbian economic growth suffers from
previous years’ per capita GDP as well.
Conclusion
Through careful evaluation of the results, it is now possible to have an idea about the
FDI effects on economic growth from an absorptive capacity perspective. Accordingly
for the non-EU member transition economies in the Balkans, for the 2002-2013
period, it is safe to say that they all lack the necessary level of absorptive capacity which
would enable them to reap benefits of foreign investments. Given the economical and
historical background of the region these results are actually quite normal and are
expected. Especially, due to the shifted priorities in the turmoil and transition periods,
attracting FDIs or improving infrastructures did not lose importance, therefore
domestic –including government investments- nor foreign investments have been
made in desired levels. Thus, in a dual way not much could be done in the name of
economic development for those countries in the turmoil and transition periods.
Gorgulu and Akcay (2012) suggest, absorptive capacities in host countries below a
certain level could even be harmful for economic growth and may undermine the
growth enhancing effects of FDIs. While the former case is true for all countries in the

Volume 5 Number 2 Fall 2015

33

�Emre M. Görgülü

sample, the latter case is only true for Montenegro in this study. Therefore with a limited
level of absorptive capacity, putting efforts to attract FDIs might not work for the best.
The alternative policy should include rather absorptive capacity creating actions and
less FDI attractive initiatives followed by increased domestic investments. Finally, the
results confirm that current foreign direct investment flows to those countries are not
able to work miracles given the absorptive capacities of the host countries.
References
Alam, A., Casero, P. A., Khan, F., &amp; Udomsaph, C. (2008). Unleashing Prosperity:
Productivity Growth in Eastern Europe and the Former Soviet Union. World Bank,
Washington, DC. Retrieved from http://siteresources.worldbank.org/ECAEXT/
Resources/ publications/UnleashingProsperity.pdf
Alfaro, L., Chanda, A., Kalemli-Ozcan, S., &amp; Sayek, S. (2004). FDI and Economic
Growth: The Role of Local Financial Markets. Journal of International Economics,
64(1), 89-112.
Alfaro, L., Chanda, A., Kalemli-Ozcan, S., &amp; Sayek, S. (2006). How Does Foreign
Direct Investment Promote Economic Growth? Exploring the Effects of Financial
Markets on Linkages, National Bureau of Economic Research Working Paper No.
12522, Cambridge.
Blomstrom, M., Lipsey, R. E., &amp; Zejan, M. (1994). “What Explains the Growth
of Developing Countries?” In Baumol, Nelson, and Wolff, (Ed.), Convergence of
Productivity: Cross-National Studies and Historical Evidence (pp. 243-59). Oxford and
New York: Oxford University Press.
Borensztein, E., Gregorio, J. D., &amp; Lee, J. W. (1998). How Does Foreign Direct
Investment Affect Economic Growth? Journal of International Economics,45(1), 115135.
Cohen, W. M., &amp; Levinthal, D. A. (1989). Innovation and Learning: The Two Faces
of R&amp;D. Economic Journal, 99(397), 569-596.
Cohen, W. M., &amp; Levinthal, D. A. (1990). Absorptive Capacity: A New Perspective on
Learning and Innovation. Administrative Science Quarterly,35(1), 128-152.
Durham, J. B. (2004). Absorptive Capacity and the Effects of Foreign Direct
Investment and Equity Foreign Portfolio Investment of Economic Growth. European
Economic Review, 48(2), 285-306.
Gorgulu, M. E., &amp; Akcay, S. (2012). The Effects of Foreign Direct Investments on
Economic Growth of Developing Countries: Panel Data Analysis (Doctoral dissertation).
AfyonKocatepe University, The Institute of Social Sciences, Department of Economics.

34

Journal of Economic and Social Studies

�The Effects of Foreign Direct Investments on Transition Economies: The Balkans Case

Hermes, N., &amp; Lensink, R. (2003). Foreign Direct Investment, Financial Development
and Economic Growth. Journal of Development Studies, 40(1), 142-63.
International Monetary Fund (IMF), (2000). Transition Economies: An IMF
Perspective on Progress and Prospects. Issues Briefs List 2000. Retrieved from https://
www.imf.org/external/ np/exr/Ib/2000/110300.htm.
International Monetary Fund (IMF), (2014). World Economic and Financial Surveys,
World Economic Outlook. Retrieved from https://www.imf.org/external/pubs/ft/
weo/2014/02/ weodata/index.aspx.
Krogstrup, S., &amp; Matar, L. (2005). Foreign Direct Investment, Absorptive Capacity
and Growth in the Arab World. HEI Working Paper, No: 02/2005.
Li, X., &amp; Liu, X. (2005). Foreign Direct Investment and Economic Growth: An
Increasingly Endogenous Relationship. World Development, 33(3), 393-407.
Rettman, A. (2013). Kosovo: EU meeting is ‘de facto recognition’ by Serbia. Retrieved
from https://euobserver.com/foreign/118965.
Sun, X. (2002). Foreign Direct Investment and Economic Development: What
Do the States Need To Do? Capacity Development Workshops and Global Forum
on Reinventing Government on Globalization, Role of the State and Enabling
Environment, Morocco.
The World Bank, (2002). Transition the First Ten Years Analysis and Lessons for Eastern
Europe and the Former Soviet Union. Retrieved from http://siteresources.worldbank.
org/ ECAEXT/Resources/complete.pdf
The World Bank, (2010). Kosovo Unlocking Growth Potential: Strategies, Policies, Actions.
Retrieved from https://openknowledge.worldbank.org/handle/10986/2859.
The World Bank, (2015). 2015 World Development Indicators. Retrieved from http://
wdi.worldbank.org/tables.
United Nations Conference on Trade and Development (UNCTAD), (2015).
UNCTADstat 2015. Retrieved from http://unctadstat.unctad.org/EN/.
United Nations Development Programme (UNDP), (2015). Human Development
Index Human Development Report. Retrieved from http://hdr.undp.org/en/data.

Volume 5 Number 2 Fall 2015

35

�Emre M. Görgülü

Appendix
Table 4: Summary of the Results (Albania)
Dependent Variable: GROWTH
Method: Least Squares
Sample: 2002 2013
Included observations: 12
Variable
Coefficient

Std. Error

t-Statistic

Prob.

C
GDP_1

3355.801
-0.696708

686.4788
0.158056

4.888426
-4.407982

0.0012
0.0023

FDI

1.976197

1.094186

1.806089

0.1085

AC

1.475628

0.385895

3.823911

0.0051

R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)

0.748208
0.653786
173.1538
239857.9
-76.44463
7.924086
0.008837

Mean dependent var
S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat

Table 5: Summary of the Results (Bosnia)
Dependent Variable: GROWTH
Method: Least Squares
Sample: 2002 2013; Included observations: 12
Variable
Coefficient
Std. Error
C
GDP_1
FDI
AC

2874.913
-0.437312
0.998817
2.253342

R-squared
Adjusted R-squared
S.E. of regression

0.717600
0.611699
237.0839

36

1400.197
0.178667
0.895088
1.261986

269.9454
294.2793
13.40744
13.56907
13.34760
1.808639

t-Statistic

Prob.

2.053221
-2.447640
1.115887
1.785552

0.0741
0.0401
0.2969
0.0920

Mean dependent var
S.D. dependent var
Akaike info criterion

258.0870
380.4680
14.03591

Journal of Economic and Social Studies

�The Effects of Foreign Direct Investments on Transition Economies: The Balkans Case

Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)

449670.3
-80.21544
6.776190
0.013765

Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat

Table 6: Summary of the Results (Macedonia)
Dependent Variable: GROWTH
Method: Least Squares
Sample: 2002 2013
Included observations: 12
Variable
Coefficient
Std. Error
C
GDP_1
FDI
AC

3566.408
-0.552927
1.690506
1.442220

R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)

0.835806
0.774233
185.6873
275838.1
-77.28324
13.57430
0.001667

1785.416
0.223725
1.024240
0.799290

C
GDP_1
FDI
AC

Volume 5 Number 2 Fall 2015

7386.888
-0.737282
-0.426353
1.068460

t-Statistic

Prob.

1.997522
-2.471461
1.650497
1.804378

0.0808
0.0386
0.1374
0.0988

Mean dependent var
S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat

Table 7: Summary of the Results (Montenegro)
Dependent Variable: GROWTH
Method: Least Squares
Sample: 2002 2013
Included observations: 12
Variable
Coefficient
Std. Error
1118.284
0.108782
0.160770
0.177662

14.19754
13.97606
2.552401

268.9065
390.7980
13.54721
13.70884
13.48736
2.432775

t-Statistic

Prob.

6.605559
-6.777624
-2.651938
6.014011

0.0002
0.0001
0.0292
0.0003

37

�Emre M. Görgülü

R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)

0.855874
0.801827
309.9791
768696.2
-83.43253
15.83567
0.000999

Mean dependent var
S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat

Table 8: Summary of the Results (Serbia)
Dependent Variable: GROWTH
Method: Least Squares
Sample: 2002 2013
Included observations: 12
Variable
Coefficient Std. Error

435.4529
696.3218
14.57209
14.73372
14.51224
2.135300

t-Statistic

Prob.

C
GDP_1

5889.557
-0.722952

2353.646
0.211956

2.502312
-3.410850

0.0368
0.0092

FDI

0.826728

1.319589

0.626504

0.5484

AC

10.53483

4.846226

2.173821

0.0315

R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)

0.733578
0.633670
447.3163
1600735.
-87.83366
7.342523
0.010994

Mean dependent var
S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat

364.8333
739.0579
15.30561
15.46725
15.24577
1.525363

According to Gorgulu and Akcay (2012); in the most general sense, absorptive capacity is described as
the ability of countries to absorb and utilize every kind of knowledge and innovation (Alfaro, Chanda,
Kalemli-Ozcan, and Sayek FDIs have positive effects on the growth of the host countries in direct
proportion to the quality of the financial markets of these countries. The absorptive capacities have an
important role in the process of information acquisition in production through technological knowledge
spillover effects from foreign investments (Gorgulu and Akcay, 2012).
ii
Namely; Albania, Bosnia and Herzegovina, Montenegro, Serbia and Macedonia.
iii
That is why United Nations Conference on Trade and Development (UNCTAD) (2015) has no FDI
i

38

Journal of Economic and Social Studies

�The Effects of Foreign Direct Investments on Transition Economies: The Balkans Case

data for Kosovo, but her data is included in that of Serbia’s.
iv
1991-2001, The turmoil in the region first began with the Slovenian and Croatian Wars and followed by
the Bosnian War, which ended in 1995. The turmoil then carried out by the Kosovo War in 1998-1999
and the insurgency in Macedonia in 2001.
v
For the period of 1992-2006 Serbia and Montenegro was united as a union. Then starting from 2006,
Serbia and Montenegro formed their own separate independent republics. The FDI data on UNCTAD
(2015) covers Serbia and Montenegro as a union till 2007, and as separate republics starting from 2008.
However, The World Bank (2015) and International Monetary Fund (2014) both use a proportional
measure to cover the data from Serbia and Montenegro separately. Using a similar proportional measure
FDI data was obtained in the paper for missing years.

Volume 5 Number 2 Fall 2015

39

��</text>
                  </elementText>
                </elementTextContainer>
              </element>
            </elementContainer>
          </elementSet>
        </elementSetContainer>
      </file>
    </fileContainer>
    <elementSetContainer>
      <elementSet elementSetId="1">
        <name>Dublin Core</name>
        <description>The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.</description>
        <elementContainer>
          <element elementId="79">
            <name>Extent</name>
            <description>The size or duration of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="3423">
                <text>2926</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="50">
            <name>Title</name>
            <description>A name given to the resource</description>
            <elementTextContainer>
              <elementText elementTextId="3424">
                <text>The Effects of Foreign Direct Investments on Transition Economies: The Balkans Case</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="96">
            <name>Author</name>
            <description>Author</description>
            <elementTextContainer>
              <elementText elementTextId="3425">
                <text>GÖRGÜLÜ, Mehmet Emre</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="94">
            <name>Abstract</name>
            <description>A summary of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="3426">
                <text>Abstract: The stabilized economic growth in the long-run lies ahead as an obstacle in the long road of development for many transition economies especially for those are in the Balkans. Some of the Balkan countries such as Croatia and Bulgaria have managed to get aboard to the European Union train. But for many others, the train has not arrived yet. Furthermore, many of those non-European Union member transition economies in the Balkans have to deal with an inheritance of a war economy experienced during early 90s. Today non-European Union member transition economies in the Balkans need to increase the capital flows to their countries for economic growth purposes. The literature on foreign direct investments suggest that there may be some positive effects on the economic growth of the host countries depending on many conditions - most commonly on absorptive capacities. However, are they really ready for this? Are the absorptive capacities in those countries at the extent in which enable them to extract benefits from foreign investments? The answer to this question is the key to truly understand the effects of foreign direct investments in those countries. Therefore, in this study, the effects of foreign direct investments on the economic growth of non-European Union member transition economies in the Balkans are investigated from the absorptive capacity perspective. This paper serves a role in comprehending the true dynamics of absorptive capacities measured through a new technique presented in this paper. The results confirm that current foreign direct investment flows to those non-European Union member Balkan countries are not able to work miracles given the absorptive capacities of the host countries.</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="45">
            <name>Publisher</name>
            <description>An entity responsible for making the resource available</description>
            <elementTextContainer>
              <elementText elementTextId="3427">
                <text>International Burch University</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
            <elementTextContainer>
              <elementText elementTextId="3428">
                <text>2015</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="97">
            <name>Keywords</name>
            <description>Keywords.</description>
            <elementTextContainer>
              <elementText elementTextId="3429">
                <text>Article
PeerReviewed</text>
              </elementText>
            </elementTextContainer>
          </element>
        </elementContainer>
      </elementSet>
    </elementSetContainer>
    <tagContainer>
      <tag tagId="7">
        <name>HB Economic Theory</name>
      </tag>
    </tagContainer>
  </item>
  <item itemId="1640" public="1" featured="0">
    <fileContainer>
      <file fileId="2276">
        <src>https://omeka.ibu.edu.ba/files/original/bfee1248319b03c62ac478d57ed2f40e.pdf</src>
        <authentication>34ada08ad773fc3737c8010ac43e6f5c</authentication>
        <elementSetContainer>
          <elementSet elementSetId="4">
            <name>PDF Text</name>
            <description/>
            <elementContainer>
              <element elementId="52">
                <name>Text</name>
                <description/>
                <elementTextContainer>
                  <elementText elementTextId="13369">
                    <text>International Conference on Economic and Social Studies, 10-11 May, 2013, Sarajevo

The Effects of Free Trade Agreements on Turkish
Foreign Trade; The analysis of the Bosnian and
Herzegovinian case
Aslıhan Kocaefe Cebeci
Gediz University, İzmir, Turkey
aslihan.kocaefe@gediz.edu.tr
Ali Rıza Sayın
Gediz University, İzmir, Turkey
ali.sayin@gediz.edu.tr
Begüm Maral
Gediz University, İzmir, Turkey
begum.maral@gediz.edu.tr
According to the Customs Union Agreement effectuated on January 1,
1996 between Turkey and the European Union (EU), Turkey has
undertaken the EU’s Common Trade Policy and its preferential trade
system towards the countries outside the Union which are called the third
countries. Within this scope Turkey can sign similar agreements with other
states which were present during the signing of the Free Trade Agreement
with the EU on the mutual benefit basis. In other words, Turkey can sign
Free Trade Agreements only with the countries with which the EU carries
out Free Trade Negotiations.
In the Free Trade Agreement, different from the Customs Union, the
signatory parties remove the customs duties and limitations among
themselves but they do not develop a common tariff policy towards the
third countries. Therefore each member country is free to impose its own
tariff schedule. Furthermore, while free circulation is acceptable according
to the Customs Union in the Free Trade Agreements the rules of origin is
applied. In this respect, by means of Free Trade Agreements particular
targets such as improving our foreign trade activities with neighboring and
surrounding countries, maintaining a fair competition environment in the
foreign markets in particular in the European market for our import goods,
increasing the volumes of mutual investments, increasing the international
competitive power of Turkey in joint ventures, improving the economic
cooperation between the countries, removing the obstacles preventing the
circulation of goods and services and at the same time improving the

42

�International Conference on Economic and Social Studies, 10-11 May, 2013, Sarajevo

political, technological and social relations between the signatory parties,
constitute the main focus as a principle.
Within this scope, our country is not obliged to accept the content of the
Free Trade Agreements signed between the EU countries and the related
negotiations should be carried out by taking our industrial and trade policy
priorities into consideration.
In this respect Turkey has signed Free Trade Agreements with 19 countries
in total except for the 10 Central and Eastern European countries with
which the signed FTAs have been terminated due to their membership to
the EU. 13 of the abovementioned agreements have been signed after
2000.
In this study the impact of the Free Trade Agreements signed by Turkey on
the Turkish Foreign Trade has been evaluated in terms of both import and
export issues. With this purpose, the trade relations between Turkey and
the other countries with which FTAs have been signed have been
scrutinized by analyzing the pre and post agreement conditions. Finally the
bilateral trade relation between Turkey and Bosnia and Herzegovina has
been evaluated within the scope of the signed Free Trade Agreement and
the pre and post Agreement conditions have also been analyzed.
Keywords: Free Trade Agreements, Foreign Trade, Turkish Foreign Trade,
Export and Import, Bosnia and Herzegovina

43

�</text>
                  </elementText>
                </elementTextContainer>
              </element>
            </elementContainer>
          </elementSet>
        </elementSetContainer>
      </file>
    </fileContainer>
    <elementSetContainer>
      <elementSet elementSetId="1">
        <name>Dublin Core</name>
        <description>The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.</description>
        <elementContainer>
          <element elementId="79">
            <name>Extent</name>
            <description>The size or duration of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="13361">
                <text>1488</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="50">
            <name>Title</name>
            <description>A name given to the resource</description>
            <elementTextContainer>
              <elementText elementTextId="13362">
                <text>The Effects of Free Trade Agreements on Turkish  Foreign Trade; The analysis of the Bosnian and  Herzegovinian case</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="96">
            <name>Author</name>
            <description>Author</description>
            <elementTextContainer>
              <elementText elementTextId="13363">
                <text>KOCAEFE CEBECI, Aslihan
RIZA SAYIN, Ali
MARAL, Begüm</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="94">
            <name>Abstract</name>
            <description>A summary of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="13364">
                <text>According to the Customs Union Agreement effectuated on January 1,  1996 between Turkey and the European Union (EU), Turkey has  undertaken the EU’s Common Trade Policy and its preferential trade  system towards the countries outside the Union which are called the third  countries. Within this scope Turkey can sign similar agreements with other  states which were present during the signing of the Free Trade Agreement  with the EU on the mutual benefit basis. In other words, Turkey can sign  Free Trade Agreements only with the countries with which the EU carries  out Free Trade Negotiations.  In the Free Trade Agreement, different from the Customs Union, the  signatory parties remove the customs duties and limitations among  themselves but they do not develop a common tariff policy towards the  third countries. Therefore each member country is free to impose its own  tariff schedule. Furthermore, while free circulation is acceptable according  to the Customs Union in the Free Trade Agreements the rules of origin is  applied. In this respect, by means of Free Trade Agreements particular  targets such as improving our foreign trade activities with neighboring and  surrounding countries, maintaining a fair competition environment in the  foreign markets in particular in the European market for our import goods,  increasing the volumes of mutual investments, increasing the international  competitive power of Turkey in joint ventures, improving the economic  cooperation between the countries, removing the obstacles preventing the  circulation of goods and services and at the same time improving the political, technological and social relations between the signatory parties,  constitute the main focus as a principle.  Within this scope, our country is not obliged to accept the content of the  Free Trade Agreements signed between the EU countries and the related  negotiations should be carried out by taking our industrial and trade policy  priorities into consideration.  In this respect Turkey has signed Free Trade Agreements with 19 countries  in total except for the 10 Central and Eastern European countries with  which the signed FTAs have been terminated due to their membership to  the EU. 13 of the abovementioned agreements have been signed after  2000.  In this study the impact of the Free Trade Agreements signed by Turkey on  the Turkish Foreign Trade has been evaluated in terms of both import and  export issues. With this purpose, the trade relations between Turkey and  the other countries with which FTAs have been signed have been  scrutinized by analyzing the pre and post agreement conditions. Finally the  bilateral trade relation between Turkey and Bosnia and Herzegovina has  been evaluated within the scope of the signed Free Trade Agreement and  the pre and post Agreement conditions have also been analyzed.  Keywords: Free Trade Agreements, Foreign Trade, Turkish Foreign Trade,  Export and Import, Bosnia and Herzegovina</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="45">
            <name>Publisher</name>
            <description>An entity responsible for making the resource available</description>
            <elementTextContainer>
              <elementText elementTextId="13365">
                <text>International Burch University</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
            <elementTextContainer>
              <elementText elementTextId="13366">
                <text>2013-05-10</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="97">
            <name>Keywords</name>
            <description>Keywords.</description>
            <elementTextContainer>
              <elementText elementTextId="13367">
                <text>Article
PeerReviewed</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="43">
            <name>Identifier</name>
            <description>An unambiguous reference to the resource within a given context</description>
            <elementTextContainer>
              <elementText elementTextId="13368">
                <text>ISSN 2303-4564     </text>
              </elementText>
            </elementTextContainer>
          </element>
        </elementContainer>
      </elementSet>
    </elementSetContainer>
  </item>
  <item itemId="1641" public="1" featured="0">
    <fileContainer>
      <file fileId="2277">
        <src>https://omeka.ibu.edu.ba/files/original/bdfcc3eea12b47d5b26d9714005eb6dd.pdf</src>
        <authentication>34ada08ad773fc3737c8010ac43e6f5c</authentication>
        <elementSetContainer>
          <elementSet elementSetId="4">
            <name>PDF Text</name>
            <description/>
            <elementContainer>
              <element elementId="52">
                <name>Text</name>
                <description/>
                <elementTextContainer>
                  <elementText elementTextId="13378">
                    <text>International Conference on Economic and Social Studies, 10-11 May, 2013, Sarajevo

The Effects of Free Trade Agreements on Turkish
Foreign Trade; The analysis of the Bosnian and
Herzegovinian case
Aslıhan Kocaefe Cebeci
Gediz University, İzmir, Turkey
aslihan.kocaefe@gediz.edu.tr
Ali Rıza Sayın
Gediz University, İzmir, Turkey
ali.sayin@gediz.edu.tr
Begüm Maral
Gediz University, İzmir, Turkey
begum.maral@gediz.edu.tr
According to the Customs Union Agreement effectuated on January 1,
1996 between Turkey and the European Union (EU), Turkey has
undertaken the EU’s Common Trade Policy and its preferential trade
system towards the countries outside the Union which are called the third
countries. Within this scope Turkey can sign similar agreements with other
states which were present during the signing of the Free Trade Agreement
with the EU on the mutual benefit basis. In other words, Turkey can sign
Free Trade Agreements only with the countries with which the EU carries
out Free Trade Negotiations.
In the Free Trade Agreement, different from the Customs Union, the
signatory parties remove the customs duties and limitations among
themselves but they do not develop a common tariff policy towards the
third countries. Therefore each member country is free to impose its own
tariff schedule. Furthermore, while free circulation is acceptable according
to the Customs Union in the Free Trade Agreements the rules of origin is
applied. In this respect, by means of Free Trade Agreements particular
targets such as improving our foreign trade activities with neighboring and
surrounding countries, maintaining a fair competition environment in the
foreign markets in particular in the European market for our import goods,
increasing the volumes of mutual investments, increasing the international
competitive power of Turkey in joint ventures, improving the economic
cooperation between the countries, removing the obstacles preventing the
circulation of goods and services and at the same time improving the

42

�International Conference on Economic and Social Studies, 10-11 May, 2013, Sarajevo

political, technological and social relations between the signatory parties,
constitute the main focus as a principle.
Within this scope, our country is not obliged to accept the content of the
Free Trade Agreements signed between the EU countries and the related
negotiations should be carried out by taking our industrial and trade policy
priorities into consideration.
In this respect Turkey has signed Free Trade Agreements with 19 countries
in total except for the 10 Central and Eastern European countries with
which the signed FTAs have been terminated due to their membership to
the EU. 13 of the abovementioned agreements have been signed after
2000.
In this study the impact of the Free Trade Agreements signed by Turkey on
the Turkish Foreign Trade has been evaluated in terms of both import and
export issues. With this purpose, the trade relations between Turkey and
the other countries with which FTAs have been signed have been
scrutinized by analyzing the pre and post agreement conditions. Finally the
bilateral trade relation between Turkey and Bosnia and Herzegovina has
been evaluated within the scope of the signed Free Trade Agreement and
the pre and post Agreement conditions have also been analyzed.
Keywords: Free Trade Agreements, Foreign Trade, Turkish Foreign Trade,
Export and Import, Bosnia and Herzegovina

43

�</text>
                  </elementText>
                </elementTextContainer>
              </element>
            </elementContainer>
          </elementSet>
        </elementSetContainer>
      </file>
    </fileContainer>
    <elementSetContainer>
      <elementSet elementSetId="1">
        <name>Dublin Core</name>
        <description>The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.</description>
        <elementContainer>
          <element elementId="79">
            <name>Extent</name>
            <description>The size or duration of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="13370">
                <text>1489</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="50">
            <name>Title</name>
            <description>A name given to the resource</description>
            <elementTextContainer>
              <elementText elementTextId="13371">
                <text>The Effects of Free Trade Agreements on Turkish  Foreign Trade; The analysis of the Bosnian and  Herzegovinian case</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="96">
            <name>Author</name>
            <description>Author</description>
            <elementTextContainer>
              <elementText elementTextId="13372">
                <text>KOCAEFE CEBECI, Aslihan
RIZA SAYIN, Ali
MARAL, Begüm</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="94">
            <name>Abstract</name>
            <description>A summary of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="13373">
                <text>According to the Customs Union Agreement effectuated on January 1,  1996 between Turkey and the European Union (EU), Turkey has  undertaken the EU’s Common Trade Policy and its preferential trade  system towards the countries outside the Union which are called the third  countries. Within this scope Turkey can sign similar agreements with other  states which were present during the signing of the Free Trade Agreement  with the EU on the mutual benefit basis. In other words, Turkey can sign  Free Trade Agreements only with the countries with which the EU carries  out Free Trade Negotiations.  In the Free Trade Agreement, different from the Customs Union, the  signatory parties remove the customs duties and limitations among  themselves but they do not develop a common tariff policy towards the  third countries. Therefore each member country is free to impose its own  tariff schedule. Furthermore, while free circulation is acceptable according  to the Customs Union in the Free Trade Agreements the rules of origin is  applied. In this respect, by means of Free Trade Agreements particular  targets such as improving our foreign trade activities with neighboring and  surrounding countries, maintaining a fair competition environment in the  foreign markets in particular in the European market for our import goods,  increasing the volumes of mutual investments, increasing the international  competitive power of Turkey in joint ventures, improving the economic  cooperation between the countries, removing the obstacles preventing the  circulation of goods and services and at the same time improving the political, technological and social relations between the signatory parties,  constitute the main focus as a principle.  Within this scope, our country is not obliged to accept the content of the  Free Trade Agreements signed between the EU countries and the related  negotiations should be carried out by taking our industrial and trade policy  priorities into consideration.  In this respect Turkey has signed Free Trade Agreements with 19 countries  in total except for the 10 Central and Eastern European countries with  which the signed FTAs have been terminated due to their membership to  the EU. 13 of the abovementioned agreements have been signed after  2000.  In this study the impact of the Free Trade Agreements signed by Turkey on  the Turkish Foreign Trade has been evaluated in terms of both import and  export issues. With this purpose, the trade relations between Turkey and  the other countries with which FTAs have been signed have been  scrutinized by analyzing the pre and post agreement conditions. Finally the  bilateral trade relation between Turkey and Bosnia and Herzegovina has  been evaluated within the scope of the signed Free Trade Agreement and  the pre and post Agreement conditions have also been analyzed.  Keywords: Free Trade Agreements, Foreign Trade, Turkish Foreign Trade,  Export and Import, Bosnia and Herzegovina</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="45">
            <name>Publisher</name>
            <description>An entity responsible for making the resource available</description>
            <elementTextContainer>
              <elementText elementTextId="13374">
                <text>International Burch University</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
            <elementTextContainer>
              <elementText elementTextId="13375">
                <text>2013-05-10</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="97">
            <name>Keywords</name>
            <description>Keywords.</description>
            <elementTextContainer>
              <elementText elementTextId="13376">
                <text>Article
PeerReviewed</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="43">
            <name>Identifier</name>
            <description>An unambiguous reference to the resource within a given context</description>
            <elementTextContainer>
              <elementText elementTextId="13377">
                <text>ISSN 2303-4564     </text>
              </elementText>
            </elementTextContainer>
          </element>
        </elementContainer>
      </elementSet>
    </elementSetContainer>
  </item>
  <item itemId="3386" public="1" featured="0">
    <fileContainer>
      <file fileId="4178">
        <src>https://omeka.ibu.edu.ba/files/original/9ae4764f51ffc193d39e5cca3a2756ec.pdf</src>
        <authentication>b0531b138502adc8e2ccec2fa51d7ffa</authentication>
        <elementSetContainer>
          <elementSet elementSetId="4">
            <name>PDF Text</name>
            <description/>
            <elementContainer>
              <element elementId="52">
                <name>Text</name>
                <description/>
                <elementTextContainer>
                  <elementText elementTextId="25886">
                    <text>The Effects of Geographical Information Systems Use on Student
Achievement in Geography Education
Serhat ZAMAN
Atatürk University
Kâzım Karabekir Education Faculty
Department Of Geography Education,
Erzurum-Turkey (serhatz@atauni.edu.tr)
Res.Assist. Ogün COSKUN
Atatürk University
Kâzım Karabekir Education Faculty
Department Of Geography Education, Erzurum-Turkey
Ramazan SEVER
Atatürk University
Kâzım Karabekir Education Faculty
Department Of Primary School Teaching,
Social Science Education, Erzurum-Turkey
Kenan TÜRKEZ
Geography Teacher In High School-Erzurum,
Turkey
Nilgün ZAMAN
Geography Teacher In High School-Erzurum,
Turkey

Abstract: In recent years, there seem rapid changes in education and teaching. In order to provide
effective learning, new methods, techniques and materials are developed and used. Given the new
curriculum of the course of geography (2005) which tries to keep pace with this change, a
constructivist learning and task based approach emphasizing skills, including alternative
measurement and evaluation, strengthening the cooperation with the main and secondary
disciplines and reflecting holistic and thematic views are evidenced. Along with this, computer
assisted geographical information systems (GIS) is one of the most important materials for a
correct, clear and easy transmission of the new geography teaching program. The applied part of
the study was conducted on the students of Hacı Sami Boydak Anatolian High School and
Şükrüpaşa High School in Yakutiye Municipality in Erzurum city. In this study, the subjects of
Climate Types and Vegetation in grades 9 and 10 in Geography classes were determined to teach
via GIS implementation. The study was conducted by means of treatment and control groups.
Achievement test was applied to both groups, the result were analyzed via SPSS statistical
program. During the classes, while GIS was used in treatment group, in control group conventional
methods were applied. The results were evaluated and the effect of GIS technologies on student
achievement was investigated. It was seen that, though, in achievement pretest, the mean of the
correct answers of both groups was seen to be close to each other, in posttest results, the mean of
the answers given by treatment group turned to be higher than the control group’s mean. As for the
findings of the study, it was seen that the achievement level of the students who were taught by
means of GIS activities was higher. In sum, it was found that GIS based activities in Geography
classes significantly increased the achievement level of the students compared to conventional
methods.
Key words: Geography Education, Geographical Information Systems (GIS), Teaching Methods.

227

�Introduction
Rapid increase in the production of information and technology and development of communication in the
world led to the extensive and easier access to sources of information and, in this way, drastically changed the life. It
became the initial problem of the educators to convey this accumulated information in every sphere to individuals
effectively and equally. For the realization of this transmission and retention of learning, everyday, new methods,
techniques are developed and new materials are used in education. With its subject topics, geography is one of the
courses which are appropriate for the use of different instructional materials. Due to this convenience, different
teaching designs and materials are developed in order to increase the effectiveness in the education and instruction of
geography. One of them is the Geographical Information Systems (GIS) which is more extensively used day by day.
In this study, the effects of GIS on the academic achievement of the students in geography education were
investigated by an experimental research. The study consists of two major parts. In the first part, definition of the
GIS, its role in geography education, and the utility of this system in the new changing geography curriculum in
Turkey are questioned; and, in the second part, the results of a study aiming to investigate the effects of GIS on
students’ academic achievement are discussed.

What is GIS (Geographical Information Systems)?
Geographical Information Systems (GIS) is a computer system which was designed to collect every type of
data, together with their coordinates, related to the physical and anthropological characteristics of the Earth in a
database, to make some analyses on them in line with certain purposes, and to illustrate the results in the forms of
maps, tables, and figures (Fitzpatrick,C. &amp; Maguire,D.J. 2000,63–64). In other words, GIS is a computer-based data
processing program designed to analyze and visualize the objects and events on the Earth (Demirci,A.,2008a,11).
The system consists of basically four components. They are computer (hardware), programs used in computer (GIS
software), the data to be analyzed through software, and the user who would organize and direct these three
components (Figure 1).

Figure 1. Components of GIS, Reference: Demirci 2008a: 12.
GIS, due its name, is considered to be a technology developed only for the area of geography. Although it is
partially true, since GIS is a system collecting, storing, processing, and analyzing data, it is in an interaction with
many disciplines. GIS, a system helping the more effective services in various sectors, is a tool used to increase the
quality in decision making and solutions of problems. Due its content and scope, GIS can be used by all of the
disciplines and groups of profession whose domains cover the phenomenons of natural environments, variable of
time, and human beings which somehow represent a part of the Earth (Turoğlu,H. 2000,4). In this sense, GIS can be

228

�defined as a technology with the qualities that would facilitate the lives of people not only from the area of
geography but also from every part of society.

GIS in the Institutions of Education in Turkey
GIS, which used in many official institutions and organizations in Turkey, is utilized mostly by universities
in education. It has just begun to be used in primary and high schools. Since 2000, contents of all courses have been
gradually changed by the Ministry of National Education with a student-centered educational approach. Trying to
keep pace with developed and rapidly changing teaching strategies, Ministry of National Education advises the use
of materials, especially, GIS technologies equipped with computers in classes.
While GIS is used as an instructional material in social sciences, environmentalism, and sciences courses in
the world, in Turkey, it is used only in geography courses. Together with the change in the geography curriculum by
the Ministry of National Education in 2005, GIS began to be used in geography education.
Unfortunately, limitations of GIS use in schools reveal themselves in the curriculum. In the part related to
the application of the program, there is an expression “Depending on the technical equipments and physical facilities
in schools, teachers may develop GIS practices themselves or examine the existing ones” (MEB 2005,11). However,
since most of the schools do not have the equipments and facilities required for the GIS implementations and the
teachers qualified enough to use the data and software, they are not ready to use these systems effectively.

GIS in the New Geography Curriculums
The discipline of geography has vital responsibilities in understanding the relationships between people and
the nature and the relationships among themselves. One of the most important aims of geography education is to help
students learn the abstract and complex geographical issues meaningfully and far away from memorization and to
prepare the conditions required. Therefore, educationalists need the well-selected methods and materials to be able to
teach geography in the most effective ways. GIS implementations, the main concern of this study, can meet these
needs. For this reason, GIS implementations were put great emphasis on in the new geography curriculum prepared
in 2005.
Geography curriculum supports the use of GIS in the teaching of geography topics. In the program, it is clearly stated
in the expression “Depending on the technical equipments and physical facilities in schools, teachers may develop
GIS practices themselves or examine the existing ones” (MEB 2005,11). The suggestions for the use of certain
acquisitions in the program can be regarded as a clear evidence for this support. When globally analyzed, it is easily
seen that most topics (or issues) are convenient to be taught via GIS. However, for the extension of GIS in schools,
geography teachers, at least, should attain GIS equipments and make practices. Otherwise, it is certain that the
extension of GIS in schools will not be possible.
In the geography curriculum in Turkey, there are many activities which are appropriate for the use of GIS. Five of
the topics suggested to be taught by GIS are in the 9th, nine of them in the 10th, two of them in the 11th, and four of
them are in the 12th year program. The number of the targeted acquisitions in these topics is 28 in sum (See Table 1).

229

�Suggested
Number Grade Outcome Numbers
A.9.3
1
9
A.9.4
2
A.9.5-A.9.6
3
C.9.5-C.9.6
4
C.9.7
5
A.10.2-A.10.3
6
10
B.10.2
7
B.10.3
8
B.10.4
9
B.10.5
10
B.10.9-B.10.10
11
C.10.10
12
C.10.11
13
C.10.12
14
B.11.4-B.11.5-B.11.6
15
11
D.11.2
16
C.12.4-C.12.5
17
12
C.12.8-C.12.9
18
D.12.6
19
D.12.8
20

Suggested Topics of Activities
Maps (in the section of definitions)
Coordinate System (in the section of definitions)
Contour Lines
Climate of Turkey
Elements of Climate in Turkey
Thermal Springs
World Population
Population Change
Dynamics of Population
Population Pyramids
Categorization of Economic Activities
Urban Structure of Turkey
Differences in the Distribution of Population in Turkey
Dynamism of Our Population
From Production to Consumption
Span of Spread of Turkish Culture
Trading Structure of Turkey
Scenarios in the Population of Turkey for Future
Locations of Countries
Regionalization of the World

Table 1. The Topics in the New Geography Curriculum Appropriate for the Use of GIS (Demirci 2008a: 70).

Study
The Effects of the Instruction of Vegetation and Types of Climate Topics in the 10th Year Geography Course
through GIS on Achievement Levels of Students (Turkey-Erzurum Sample)
In this section of the study, the findings obtained from the instruction of pre-determined geography topics
(Vegetation and Types of Climate) to students in two different methods were presented. First of them was the
conventional method whereas the second was GIS-supported method.
The universe of the research consists of the high school students studying at schools in the city centre of Erzurum in
2008-2009 education years; and the sample consists of 86 10th year students from Hacı Sami Boydak Anatolian
High School and Şükrüpaşa High School in Yakutiye in Erzurum.

Formation of the Experimental and Control Groups
Tests including the questions related to “Vegetation and Types of Climate” topics were given to all 10th
year students from both of the schools; and, according to the results, two classes (one experimental and one control)
from each school, in sum, four groups, were determined (See Table 2).
Research Group
Hacı Sami Boydak Anatolian High School
Şükrüpaşa High School
10 Science-A
10 Science-B
10 Social-A
10 Social -B
(Experimental)
(Control)
(Control)
(Experimental)
Female
Male
Female
Male
Female
Male
Female
Male
7

13

5

14

10

Table 2. Research Sample.

230

14

7

16

�By this study, it was aimed to investigate the effects of the instruction of “Vegetation and Types of Climate”
topics in the 9th and 10th years using the Geography Information Systems on the academic achievement levels of
students. Using the software of GIS, some practices were made together with the students and they were allowed to
develop their own materials. Later, on the basis of the material developed by the researcher, topics were taught in
connection with the data formed by the students according to the instructions. In this way, it was intended to help
students acquire the skills to use the program and participate in the classes with the materials they developed
themselves.
In this experimental research, the real experimental design, the model with pre-test/post-test and
experimental/control groups, was conducted. In this model, a pre-test and a post-test were given to randomly chosen
experimental and control groups before and after the instruction of “Vegetation and Types of Climate” (See Table 3).
G1

PRE-TEST

X1

POST-TEST

G2

PRE-TEST

X2

POST-TEST

Table 3. Research Model.
G1: Experimental Group, G2: Control Group,
Pre-test and Post-test: Achievement Test,
X1: The group taught through GIS implementations,
X2: The group taught through conventional methods.

Throughout a four-week period, the experimental group students were taught “Vegetation and Types of
Climate” topics enriched with the prepared course plans and activities based on GIS, and the control group was
taught the same topic through the conventional methods in accordance with the targeted outcomes.

Procedure
In the procedure of the research, the steps below were followed;
■ In the research, as the data collection instrument, an achievement test consisting of 20 questions which some
experts were councilled about was used.
■ A course plan was prepared for the activities to be held and the treatment took four weeks.
■ Both experimental and control groups were taught by the same teacher.
■ A computer downloaded ArcWiev 9.2 program and a projector were taken to the classroom in which GIS
implementations would be carried out and a list of instructions was given to each student.
■ GIS implementations were carried out together with the students.
■ In the control group, teacher-centered conventional instructional methods, in which the teacher, all the time, was
active, were used. In addition, maps and atlases were utilized in the classes.
■ During the classes, similar extra activities were carried out in the groups and the students were given some
questions and asked to answer in order to identify whether they had understood the topics or not.

Findings and Interpretations
While the mean of the scores of the experimental group students taught through GIS-based activities from
the test on “Vegetation and Types of Climate” was X =8,20 before the treatment, after the treatment the mean was
found to be X =14,65. On the other hand, whereas the mean of the scores of the students taught through
conventional methods (e.g., question-answer, direct instruction) was X =8,20 before the treatment, it changed to X
=11,39 after the treatment. According to these results, it was determined that although achievement levels of both
groups got higher the increase in the scores of the experimental group students was greater (See Table 4 and Figure
2).

231

�Pre-test
Post-test

Groups

X

S.S.

N

Experimental
Control
Experimental
Control

8,20
8,20
14,65
11,39

2,44
2,62
1,67
2,70

43
43
43
43

Table 4. Means and Standard Deviations for Achievement Test Scores of All Students.
As a result of the treatment, it is seen that students’ behaviors (knowledge) related to “Vegetation and Types
of Climate” changed positively. The differences between the achievement levels of the groups can be associated with
the student-centered GIS practices in the experimental group.

Figure 2. Pre-test and Post-test Scores of Experimental and Control Groups.

Results and Suggestions
Development and use of new technologies in education increase the quality and effectiveness of
instructional services. GIS is one of these new techniques. Furthermore, according to the observations, it was
understood that students are more willing for classes carried out through GIS-based activities.
As understood from the findings from the treatments, students’ achievement levels in geography courses based on
GIS technologies are higher than others.
When geography classes are taught by the conventional methods, learning based on memorization appears
and the topics cannot be remembered in long term. During geography classes, teaching settings which will involve as
many senses as possible should be designed. In addition, in GIS-based classes, education, being far away from
memorization, is realized by the participation of the students on the basis of practices.
Rate of retention in learning through computer is higher. Also, one of the skills acquired by the students
thanks to GIS-based activities, as pointed at in geography curriculum, is the skill to use information and
communication technologies.
More time should be allotted for the GIS use in geography education and, for this purpose; some revisions
should be made in the content of geography courses.
In a study on the utility of GIS technologies in schools (Demirci 2006,5), it was found that none of the teachers could
use the GIS Technologies. To solve this problem, use of GIS Technologies by teachers should be increased and
laboratories of GIS technologies should be designed and developed in the faculties serving to train geography
teachers.

232

�One of the most important problems in geography education is that there are not enough and appropriate
places to preserve the instructional tools and materials. Modern classrooms in which geography instruction can be
realized most effectively and the components of GIS can be placed and used should be formed.
As in developed countries, the utility of GIS technologies should be tested in not only in geography but also
in other, especially, science, courses. The most important components of GIS are data and software. Without them,
implementations of GIS are not possible. These sources should be provided to teachers and students by their
institutions.
References
Aksoy,B.,(2004). Coğrafi Bilgi Sistemleri Uygulamalarının Öğretimi Üzerine Bir Model. Kastamonu Eğitim Dergisi. Cilt 12,
(No:1), pp. 179–190.
Aladağ, E.,(2007). İlköğretim 7. Sınıf Sosyal Bilgiler Dersinde CBS’nin Kullanımının Öğrencilerin Akademik Başarı ve Derse
Karşı Motivasyonlarına Etkisi. Gazi Üniversitesi Eğitim Bilimleri Enstitüsü Basılmamış Doktora Tezi. Ankara.
Demiralp,N.,(2007). Coğrafya Eğitiminde Materyaller ve 2005 Coğrafya Dersi Öğretim Programı. Kastamonu Eğitim Dergisi.
Cilt 5–6, (No:1), pp. 373–384.
Demirci,A.,(2006). CBS’nin Türkiye’deki Yeni Coğrafya Dersi Öğretim Programına Göre Coğrafya Derslerinde
Uygulanabilirliği. 4. CBS Bilişim Günleri Bildiriler Kitabı. Fatih Üniversitesi Yay., İstanbul.
Demirci,A.,(2008a). Öğretmenler İçin CBS: Coğrafi Bilgi Sistemleri. Fatih Üniversitesi, Coğrafya Bölümü, Yay. No. 41, İstanbul.
Demirci,A.,(2008b). Türkiye’deki Yeni Coğrafya Öğretim Programının Öğretmenlerin Bakış Açısından Değerlendirilmesi. Milli
Eğitim Dergisi (Sayı-178), pp. 105–178.
Doğanay,H,(2002). Coğrafya Öğretim Yöntemleri. Aktif Yayınları, 5. Baskı, Erzurum.
Doğanay,H.,Zaman,S.,(2002). Orta Öğretim Coğrafya Eğitiminde Hedefler-Stratejiler ve Amaçlar. Doğu Coğrafya Dergisi (Sayı:
8), pp. 7-26.
Fitzpatrick,C.,Maguire,D.J.,(2000). GIS In Schools: Infrastructure, Methodology And Role In: Gıs: A Sourcebook For Schools.
Edited by David R. Green, Taylor&amp;Francis.
Girgin,M.,(2001). Neden Coğrafya Öğreniyoruz. Doğu Coğrafya Dergisi (Sayı: 5), pp. 127-143.
M.E.B.,(2000). Milli Eğitim ile İlgili Mevzuat. Milli Eğitim Basımevi, MEB Yay. No: 3126, Ankara.
M.E.B.,(2005). Talim Terbiye Kurulu Başkanlığı. Coğrafya Dersi Öğretim Programı ve Kılavuzu (9-12. Sınıflar), MEB Yayınları,
Ankara.
Nalçacı,A.,(2006). İlköğretim 6. ve 7. Sınıf Sosyal Bilgiler Programındaki Coğrafya Konularının Öğretmen ve Öğrenci
Görüşlerine Göre Değerlendirilmesi. Atatürk Üniversitesi Sosyal Bilimler Enstitüsü Basılmamış Doktora Tezi, Erzurum.
Taş,H.İ.,(2005). Cumhuriyetin Kuruluşundan Günümüze İlköğretim II. Kademe ve Liselerde Coğrafya Dersi ve Müfredatının
Değişimi. Doğu Coğrafya Dergisi (Sayı: 14), 2005, pp. 311–330.
Türkez,K.,(2009). 10. Sınıf Coğrafya Dersinde Yer Alan İklim Tipleri ve Bitki Örtüsü Konularının CBS İle Öğretilmesinin
Öğrenci Başarısına Etkileri (Erzurum Örneği). Atatürk Üniversitesi Sosyal Bilimler Enstitüsü, Yayımlanmamış Yüksek Lisans
Tezi, Erzurum.
Yomralıoğlu,T.,(2002). Coğrafi Bilgi Sistemleri Temel Kavramlar ve Uygulamalar. İber Ofset, Trabzon.
Zaman,S.,Coşkun,O.,(2006). Erzurum’da Görev Yapan Coğrafya Öğretmenlerinin Sınıf İçi Performanslarını Etkileyen Faktörler
Üzerine Bir Değerlendirme. Kâzım Karabekir Eğitim Fakültesi Dergisi (Sayı: 14), pp. 373–391.

233

�</text>
                  </elementText>
                </elementTextContainer>
              </element>
            </elementContainer>
          </elementSet>
        </elementSetContainer>
      </file>
    </fileContainer>
    <elementSetContainer>
      <elementSet elementSetId="1">
        <name>Dublin Core</name>
        <description>The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.</description>
        <elementContainer>
          <element elementId="79">
            <name>Extent</name>
            <description>The size or duration of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="25880">
                <text>405</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="50">
            <name>Title</name>
            <description>A name given to the resource</description>
            <elementTextContainer>
              <elementText elementTextId="25881">
                <text>The Effects of Geographical Information Systems Use on Student  Achievement in Geography Education</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="96">
            <name>Author</name>
            <description>Author</description>
            <elementTextContainer>
              <elementText elementTextId="25882">
                <text>ZAMAN, Serhat
COSKUN, Ogün
SEVER, Ramazan
TÜRKEZ, Kenan
ZAMAN, Nilgün</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="94">
            <name>Abstract</name>
            <description>A summary of the resource.</description>
            <elementTextContainer>
              <elementText elementTextId="25883">
                <text>In recent years, there seem rapid changes in education and teaching. In order to provide  effective learning, new methods, techniques and materials are developed and used. Given the new  curriculum of the course of geography (2005) which tries to keep pace with this change, a  constructivist learning and task based approach emphasizing skills, including alternative  measurement and evaluation, strengthening the cooperation with the main and secondary  disciplines and reflecting holistic and thematic views are evidenced. Along with this, computer  assisted geographical information systems (GIS) is one of the most important materials for a  correct, clear and easy transmission of the new geography teaching program. The applied part of  the study was conducted on the students of Hacı Sami Boydak Anatolian High School and  Şükrüpaşa High School in Yakutiye Municipality in Erzurum city. In this study, the subjects of  Climate Types and Vegetation in grades 9 and 10 in Geography classes were determined to teach  via GIS implementation. The study was conducted by means of treatment and control groups.  Achievement test was applied to both groups, the result were analyzed via SPSS statistical  program. During the classes, while GIS was used in treatment group, in control group conventional  methods were applied. The results were evaluated and the effect of GIS technologies on student  achievement was investigated. It was seen that, though, in achievement pretest, the mean of the  correct answers of both groups was seen to be close to each other, in posttest results, the mean of  the answers given by treatment group turned to be higher than the control group’s mean. As for the  findings of the study, it was seen that the achievement level of the students who were taught by  means of GIS activities was higher. In sum, it was found that GIS based activities in Geography  classes significantly increased the achievement level of the students compared to conventional  methods.</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="40">
            <name>Date</name>
            <description>A point or period of time associated with an event in the lifecycle of the resource</description>
            <elementTextContainer>
              <elementText elementTextId="25884">
                <text>2009-06</text>
              </elementText>
            </elementTextContainer>
          </element>
          <element elementId="97">
            <name>Keywords</name>
            <description>Keywords.</description>
            <elementTextContainer>
              <elementText elementTextId="25885">
                <text>Conference or Workshop Item
PeerReviewed</text>
              </elementText>
            </elementTextContainer>
          </element>
        </elementContainer>
      </elementSet>
    </elementSetContainer>
    <tagContainer>
      <tag tagId="16">
        <name>L Education (General)</name>
      </tag>
    </tagContainer>
  </item>
</itemContainer>
