OAR@UM Community: /library/oar/handle/123456789/28460 2025-11-09T14:54:58Z Transportation and tourism : an economic quantitative analysis /library/oar/handle/123456789/30651 Title: Transportation and tourism : an economic quantitative analysis Authors: Sambracos, Evangelos Abstract: This article aims at the estimation of a trends model for the Greek tourist flow by different modes of transport (land, sea, air). In order to form the structure of this modal split trends model, first there is a data record and analysis of the tourist flow in Greece as well as the arrivals by each transport mode and nationality. A special reference is made to the cruising sector and yachting, their character and importance for the Greek tourism and consequently National Economy. Taking into consideration all the statistical data, there is a trends models estimation using regression analysis methods so as to explain and forecast the arrivals by each mode of transport using time as an independent variable. The article ends with some observations regarding the relation between the two sectors and the results of the econometric analysis. 1999-01-01T00:00:00Z The need for a new philosophy of port management and organisation : effective responses to contemporary challenges /library/oar/handle/123456789/30650 Title: The need for a new philosophy of port management and organisation : effective responses to contemporary challenges Authors: Chlomoudis, Constantinos I.; Pallis, Athanasios A. Abstract: The application of new technologies and the emergence of ‘new’ transport systems prompt significant and irreversible changes on the structure of the port industry. Analysing the characteristics of this transformation, the paper suggests that new forms of port organisation and management are essential. In this vein, the paper emphasises the increasing importance of flexible specialisation of port services production, and argues that the development of intra-port competition, the presence of employment patterns advancing the utilisation of specialised labour, and the application of total quality management, evolve as integral and complementary characteristics of a contemporary competitive port. 1999-01-01T00:00:00Z Wheat supply response in Greece and the European Union policy /library/oar/handle/123456789/30649 Title: Wheat supply response in Greece and the European Union policy Authors: Ghatak, Subrata; Manolas, George A.; Vavouras, Ioannis S. Abstract: This paper attempts to estimate the supply response for wheat production in Greek agriculture. In our analysis we use the rigorous cointegration and the error correction method, as it is superior to the generally used Nerlovian partial-adjustment model. Since wheat is one of the most important commodities in the Greek agriculture, comprising 26 percent of the total cultivated land, the estimation of its price responsiveness is vitally important in supporting agricultural policy decisions. The results of our analysis reveal that there is a long-term stable relationship between the supplied quantity of wheat and real gross revenue of wheat producers, suggesting that in order to raise wheat yield and farmer incomes, considering the European Union agricultural policy, productivity increases play a vital role. The government’s policy should therefore be channelled through measures that will encourage productivity increases. 1999-01-01T00:00:00Z The Japan yen foreign exchange volatility redux ; a dual relationship /library/oar/handle/123456789/30648 Title: The Japan yen foreign exchange volatility redux ; a dual relationship Authors: Chionis, Dionysios P.; McDonald, Ronald Abstract: This paper investigates the relationship between real volume data and volatility of the JY/USD exchange rate. We decompose the real volume data in expected and unexpected volume in order to investigate the time series properties and the unexpected/ volume-volatility relationship. There are a number of interesting implications arising from the empirical finding of this work. It seems that the real volume data have different behaviour and the time series properties compared with the wide used proxy of future volume data. 1999-01-01T00:00:00Z