scholarly journals The Economy of Greece and the FIFA Ranking of its National Football Team

2021 ◽  
Vol 8 (2) ◽  
pp. 161-172
Author(s):  
Gregory T. Papanikos

The purpose of this study is to compare the performance of the Greek economy with the FIFA ranking of the Greek National Football Team in order to find out whether there exists some sort of statistical association. The period under consideration starts with the establishment of the European and Monetary Union in 1992 and ends with the current year of 2021. In 1992, FIFA started to rank national football teams which restricts the extent of time to be used in this study. The descriptive evidence presented in this paper shows that there exists strong positive association between the level of real Gross Domestic Product (GDP) of Greece and the ranking of its national football team. Keywords: FIFA, Greece, Football, GDP, European Union, National Teams.

2017 ◽  
Vol 43 (5) ◽  
pp. 2229
Author(s):  
D. E. Karageorgiou ◽  
A. Metaxas ◽  
D. Dimitriou ◽  
E. Arapogiannis ◽  
G. Varvarousis

The objective of the present work is the assessment of the lignite contribution to the energy balance of Greece, according to the creation processes and the chronological classification. The lignite deposits known so far in Greece have been discovered and researched from the scientists of IGME in the course of evolution since 1948 (Greek Geological Survey), 1950 (Institute of Geology and Surface Research), 1973 (National Institute of Geological and Mineral Exploration) and finally in its current form in 1976 (Institute of Geology and Mineral Exploration) and are divided into (a) “productive”, (b) future “productive” and (c) no financial interest in power generation. A project, co-financed by the Greek Government and the European Union, is currently implemented, aiming at the recovery of the latter in non-electrical purposes with very good results in the first stage of research. According to the works carried out so far it has been observed that lignite formation started in Greece during Eocene and continued to date. From 1950 until today there is an upward trend in lignite reserves. Lignite generates electricity at a rate 63% today with higher rates 79.3%, during 1994. In Greece 41% of lignite deposits were created during Miocene. However, only 13% of these deposits that contribute to electricity generation derive from economically exploitable reserves. In Greece, due mainly to use of lignite for electricity production, the cost of Kw/h for both domestic use and for industrial is below the European Union average.


2019 ◽  
Vol 14 (2) ◽  
pp. 104
Author(s):  
Sardiyo Sardiyo ◽  
Martini Dhasman

The economic growth in ASEAN countries increases and develops in each year. globalization has a positive effect on economic growth through the effectiveness of the allocation of domestic resources, technological diffusion, increased productivity and capital. This study investigates globalization to economic growth in ASEAN in 2012-2017. The research method used judgmental sampling with samples of 11 countries. They were Brunei Darussalam, Cambodia, East Timor, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The analysis used path analysis to examine each variable. Globalization was determined by globalization index, economic globalization, social globalization, and politic globalization. Real Gross Domestic Product (GDP) and Gross Domestic Product (GDP) per capita are used as proxy for economic growth. The results describe that globalization had a significant positive association with economic growth. All indicators of globalization, show the positive association between globalization index, economic globalization, social globalization, and politic globalization to real Gross Domestic Product (GDP) and Gross Domestic Product (GDP) per capita. This confirms that globalization is able to provide a positive response in ASEAN.


Author(s):  
Agnė JOTAUTAITĖ ◽  
Eglė JOTAUTIENĖ

In this paper, export opportunities of textile products from Turkey to Lithuania are analyzed. The main goal of this article is to present an analysis of the opportunities to import textile products from Turkey to Lithuania. The empirical research basing on the statistical database analysis was used. The analysis of Turkey’s markets was showed that the economy is strongly dependent on exports of various products from Turkey and it is about one forth of Turkey’s GDP (Gross Domestic Product). The bulk of exports from Turkey is t o countries in the European Union. Turkey is one of the world’s largest manufacturers and exporters of textiles. The analysis of Lithuanian markets was indicated that Lithuania has a feasible market for imports due to its fast growing GDP, increasing labor wages and modernization of agriculture industry. Furthermore, advantageous and adequate policies of Lithuania’s foreign trade should encourage the development of imports to this country. The demand for textile products in Lithuania is growing rapidly and it is one of the most important sectors in fostering its economy


2021 ◽  
Vol 13 (14) ◽  
pp. 8066
Author(s):  
Thowayeb H. Hassan ◽  
Abu Elnasr E. Sobaih ◽  
Amany E. Salem

The cost of fuel and its availability are among the most major concerns for aircrafts and the aviation industry overall. Environmental difficulties with chemical pollutant emissions emitted by aviation machines are also connected to fuel consumption. As a result, it is crucial to examine factors that affect the overall fuel usage and consumption in the airport-based aviation industry. Several variables were investigated related to the total fuel consumed, such as dry operating weight (DOW) (KG), zero-fuel weight (ZFW), take-off weight (TOW), air distance (AIR DIST) (KM), and ground distance (GDN DIST). Analysis of the correlation between total fuel consumed as well as the extra fuel and selected variables was conducted. The results showed that the most positively associated factors with the total used fuel were the air distance (r2 = 0.86, p < 0.01), ground distance (r2 = 0.78, p < 0.01), TOW (r2 = 0.68, p < 0.01), and flight time (r2 = 0.68, p < 0.01). There was also a strong positive association between the average fuel flow (FF) and actual TOW (r2 = 0.74, p < 0.01) as well as ZFW (r2 = 0.61, p < 0.01). The generalized linear model (GLM) was utilized to assess the predictions of total energy usage after evaluating important outliers, stability of the homogeneity of variance, and the normalization of the parameter estimation. The results of multiple linear regression revealed that the most significant predictors of the total consumed fuel were the actual ZFW (p < 0.01), actual TOW (p < 0.01), and actual average FF (p < 0.05). The results interestingly confirmed that wind speed has some consequences and effects on arrival fuel usage. The result reflects that thermal and hydrodynamic economies impact on the flying fuel economy. The research has various implications for both scholars and practitioners of aviation industry.


1981 ◽  
Vol 61 (s7) ◽  
pp. 369s-371s ◽  
Author(s):  
Paul K. Whelton ◽  
Peter Goldblatt

1. Analysis of age-adjusted death rates from 21 countries over a 20-year period identified the presence of a strong positive association between recorded mortality from stroke, hypertension and stomach cancer. However, the slopes of regression lines for secular trends analyses varied considerably from country to country, suggesting an inconsistency in the pattern of the relationship. 2. A death certificate study of diagnostic concordance correctly identified previously known disease associations but failed to recognise any special relationship between stroke and stomach cancer or hypertension and stomach cancer. 3. Our results fail to confirm the presence of a unique relationship between stroke and stomach cancer. On the basis of these observations, the hypothesis that exposure to salt increases an individual's risk of developing both stroke and stomach cancer seems unlikely.


2012 ◽  
Vol 8 (1) ◽  
pp. 1-7 ◽  
Author(s):  
LB ◽  
JHR

In between the writing of this editorial and the publication of this issue of EuConst, the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, in everyday parlance the ‘Fiscal Compact’, will have been signed by the representatives of the governments of the contracting parties — the member states of the European Union minus the United Kingdom and the Czech Republic. The Fiscal Compact is intended to foster budgetary discipline, to strengthen the coordination of economic policies and to improve the governance of the euro area.


This study examines financial deepening, financial intermediation and Nigerian economic growth. The main purpose is to examine the relationship between financial deepening and Nigerian economic growth while the specific objectives are to examine the impact of interest rate, capital market development, rational savings, credit to private sector and broad money supply on the growth of Nigerian. Secondary data of the variables were sourced from the publications of Central Bank of Nigeria (CBN) from 1981-2017. Nigerian Real Gross Domestic Product (RGDP) was used as dependent variable while Broad money supply (M2), Credit to Private Sector (CPS), National Savings (NS), Capital Market Capitalization (CAMP) and Interest Rate (INTR) was used as independent variables. Multiple regressions with E-view statistical package were used as data analysis techniques. Cointegration test, Augmented Dickey Fuller Unit Root Test, Granger causality test was used to determine the relationship between the variable in the long-run and short-run. R2, F – statistics and β Coefficients were used to determine the extent to which the independent variable affects the dependent variable. It was found from the regression result that Broad Money Supply, credit to private sector have position effect on the growth of Nigerian Real Gross Domestic Product while National Savings, Capitalization and Interest Rate on Nigeria Real Gross Domestic Product. The co-integration test revealed presence of long-run relationship among the variables, the stationary test indicated stationarity of the variables at level. The Granger Causality Test found bi – variant relationship from the dependent to the independent and from the independent to the dependent variables. The regression summary found 99.0% explained variation, 560.5031, F – statistics and probability of 0.00000. From the above, the study concludes that financial deepening has significant relationships with Nigerian economic growth. We recommend that government and the financial sector operators should make policies that will further deepen the functions of the financial system to enhance Nigerian economic growth.


Sign in / Sign up

Export Citation Format

Share Document