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SCIREA Journal of Economics — Open Access Journal

SCIREA Journal of Economics is an international, scientific peer-reviewed open access journal published online by SCIREA.

Open Access free for readers, with article processing charges (APC) paid by authors or their institutions.

High visibility: Indexed in the Google Scholar and other databases.

Rapid publication: manuscripts are peer-reviewed and a first decision provided to authors approximately 20 days after submission; acceptance to publication is undertaken in 5 days.

Recognition of reviewers: reviewers who provide timely, thorough peer-review reports receive vouchers entitling them to a discount on the APC of their next publication in any SCIREA journal, in appreciation of the work done.

Editorial Board
Prof. Yili Ding (China)
Life Science Department, Foshan University, Foshan, Guangdong, P. R. China
Dr. wulaoer (China)
department of public economics/University of International Business and Economics,beijng china
Dr. Piotr Raźniak (Poland)
Institute of Geography, Pedagogical University of Cracow, Cracow, Poland
Dr. ARMAND KASZTELAN (Poland)
Department of Economics and Agribusiness, University of Life Sciences, Lublin, Poland
Prof. Takashi Suzuki (Japan)
Department of Economics, Meiji-Gakuin University, Shirokanedai-Minato-ku, Tokyo, Japan
Dr. Vusr Malh (Australia)
Faculty of Business
Prof. Yaling Lin (Taiwan)
Department of Finance, I-Shou University, Kaohsiung, Taiwan
Prof. Okyay UCAN (Turkey)
Department of Economics, OHU, Turkey
Rafael Alvarado (Ecuador)
School of Economics. Universidad Nacional de Loja. Loja, Ecuador.
Prof. Takashi Yasuoka (Japan)
Graduate School of Engineering Management, Shibaura Institute of Technology, Minato-ku, Tokyo,JAPAN
Dr. Ahmed Mourtada Elseman (Egypt)
Electronic and Magnetic Materials Department, Advanced Materials Division, Central Metallurgical Research and Development Institute (CMRDI)
Prof. Jamel Boukhatem (Tunisia)
Department of Economics, CIEF Umm al Qura University, Mecca, Saudi Arabia
Prof. Neamtu Adina Claudia (Romania)
DEPARTMENT MANAGEMENT AND BUSINESS ADMINISTRATIONS, CONSTANTINBRANCUSI UNIVERSITY, TARGU JIU, ROMANIA
Prof. Haytham Y.M. Ewaida (Palestinian Territory)
Assistant Professor of Economics, Economics Department, An- Najah National University, Nablus, West Bank, Autonomous Palestinian Territories, haytham_owida@yahoo.com haytham_owida@najah.edu
Dr. CIUREA MARIA (Romania)
Department of Economics Sciences, University of Petrosani, Hunedoara, Romania
Dr. Olena Sokolovska (Ukraine)
Dept. of financial and economic problems of industrial potential development, Institute of Industrial Economics of National Academy of Sciences of Ukraine, Kyiv, Ukraine
Dr. mihaela gondor (Romania)
Department of Finance and Accounting, Petru Maior University of Tirgu Mures, Tirgu Mures, Romania
Dr. Hongbo Duan (China)
University of Chinese Academy of Sciences
Dr. Mioara Chirita (Romania)
Dunarea de Jos University of Galati Romania
Prof. Aimin Deng (China)
College of Economics and Trade/ Institute of transport and logistics, Hunan University, Changsha, Hunan Province, China
Dr. Gulen Uygarer (Cyprus)
Eastern Mediterranean University
Dr. Junaidi Junaidi (Indonesia)
Department of Economics, University of Jambi, Jambi, Indonesia
Dr. Emmanuel Teitey (Ghana)
Department of Research, Noble International Business/Doctoral school,Accra,Ghana
Dr. My Nguyen (United States)
Stephan Corporation and Alliant International University
Dr. Ali Faruk AÇIKGÖZ (Turkey)
Namik Kemal University, Vocational College of Social Sciences, Department of Accounting and Tax
Dr. Ibiwani Alisa (Malaysia)
Asia Pacific University of Technology and Innovation
econo1987METRICS (Bangladesh)
Assistant Professor, Bangabandhu Sheikh Mujibur Rahman Science and Technology University, Gopalganj, Bangladesh
Zubaidur Rahman (Bangladesh)
Assistant Professor, Department of Economics, Bangabandhu Sheikh Mujibur Rahman Science and Technology University, Gopalganj, Bangladesh
Dr. Anna Winiarczyk-Raźniak (Poland)
Institute of Geography, Pedagogical University of Cracow, Cracow, Poland
Dr. Jashim Khan (United Kingdom)
University of Surrey
Nurul Mohammad Zayed (Bangladesh)
Daffodil International University
Marta Perez Perez (Spain)
University of Cantabria
Naftanaila Cristina Alina (Romania)
Spiru Haret University, Faculty Of Accounting And Finance Campulung
Prof. Jamila Jaganjac (Bosnia-Herzegovina)
Departement of Business and Economics, University Vitez, Vitez, Bosnia and Herzegovina
Andrzej Raszkowski (Poland)
Wrocław University of Economics
Dr. Ia Natsvlishvili (Georgia)
Faculty of Economics and Business at Ivane Javakhishvili Tbilisi State University, Tbilisi, Georgia
BREZEANU (Romania)
Department of finance, The Bucharest University of Economic Studies
Cândido Jorge Peres Moreira (Portugal)
ISCAL - Instituto Superior de Contabilidade e Administração de Lisboa
Tong Zeng (United States)
University of La Verne-Department of Applied Business Sciences and Economics
K. M. Anwarul Islam (Bangladesh)
Associate Professor ,Department of Business Administration ,THE MILLENNIUM UNIVERSITY
Dr. Vitaliy Kalashnikov (Mexico)
Full time Research Professor at the UANL (Universidad Autonoma de Nuevo Leon, Mexico). Department: Economy Faculty
Maneesh P (India)
Department of Econometrics, Madurai Kamaraj University, Tamil Nadu, India
Taner Güney (Turkey)
Department of Economics, Karamanoglu Mehmetbey University
Dr. Zeynep ÖZTÜRK (Turkey)
Artvin Coruh University
Dr. Asif Kamran (Pakistan)
ILMA University, Karachi, Pakistan
Dr. Vidović Aleksandra (Bosnia-Herzegovina)
Paneuropean university Apeiron, College of Modern Management, Banja Luka, Bosnia and Herzegovina
Dr. Luca Giovangiuseppe Liminta (Italy)
University Cattaneo - LIUC
Askoldas Podviezko (Lithuania)
Lithuanian Institute of Agrarian Economics, Vilnius Gediminas Technical University, Mykolas Romeris University
Dr. Mahmoud (United States)
California State University, Long Beach
Prof. Giovanni Di Trapani (Italy)
Institute for Research on Innovation and Services for Development (IRISS) - National Research Council (CNR), Napoli, ITALY
Elena Levanda (Ukraine)
Department of Economics, Scientific Research Center for Industrial Problems of the National Academy Sciences of Ukraine, Kharkov
Dr. Victor George (Tanzania)
Department of Development Studies, The University of Dodoma, Tanzania
Andrei Shelomentsev (Russia)
Editorial Member
Dr. Amna Abdelnur (Qatar)
Department Of Business Administartion , Community College of Qatar, Doha, Qatar
Dr. Amna Abdelnur (Qatar)
Department Of Business Administartion , Community College of Qatar, Doha, Qatar
Sanja Franc (Croatia)
Faculty of Economics and Business, University of Zagreb
Prof. Sanja Franc (Croatia)
Department of International economics, Faculty of Economics and Business, University of Zagreb
Dr. Vitaliy Omelyanenko (Ukraine)
Business Economics and Administration Department, Sumy State Pedagogical University named after A. S. Makarenko, Sumy, Ukraine
Firdous Ahmad (India)
Devi ahliya university Indore, India
Firdous Ahmad (India)
Devi ahliya university Indore, India
Dr. Marcus Firmino Santiago (Brazil)
Master in Law - Centro Universitário do Distrito Federal - UDF
Fernando Amaral de Almeida Prado Junior (Brazil)
Engineering School of Sao Paulo University
Dr. daadaa wissem (Tunisia)
Departement of finance Tunis University of carthage Faculty of sciences economics and management Nabeul Route mrezga Tunisiaia
Prof. SANA MASMOUDI (Tunisia)
Ecole Supérieure de Commerce Department of accounting and law, Tunisia
Pierleoni Maria Rita (Italy)
Presidency of the Council of Ministers - Department of Economic Planning - Italy
Dr. Gabriela Ofelia Chiciudean (Romania)
USAMV CLUJ-NAPOCA Department of Economic Sciences, Cluj-Napoca, Romania
Prof. Anna KRAVCHUK (Ukraine)
departmet of Economics and Social Sciences, Academy of the State Penitentiary Service,Chernigiv,Ukraine
Dr. masoud ghodsi (Iran)
Department of Electrical Engineering, University of Sistan and Baluchestan, Zahedan, Iran
S. M. Khaled Hossain (Bangladesh)
Lecturer, Army Institute of Business Administration (AIBA)
Manfred KOUTY (Cameroon)
International Relations Institute of Cameroon
Manfred KOUTY (Cameroon)
International Relations Institute of Cameroon
Manfred KOUTY (Cameroon)
International Relations Institute of Cameroon
Manfred KOUTY (Cameroon)
International Relations Institute of Cameroon
Kai Shi (China)
Northeast Normal University
Hui Shan LEE (Malaysia)
Universiti Tunku Abdul Rahman
Dr. María de la Luz Martín Carbajal (Mexico)
Faculty of Economics "Vasco de Quiroga". Universidad Michoacana de San Nicolás de Hidalgo, Morelia, Michoacán, México
Dr. Mahsa Noori-daryan (Iran)
school of industrial engineering, university of Tehran
Dr. Ahmed N K Alfarra (Palestinian Territory)
The Islamic University, Faculty of Economics and Administrative Sciences, Palestine.
Dr. ALESSANDRA ORTOLANO (Italy)
Department of Economics, University "G.d'Annunzio" Chiti-Pescara (Italy)
Dr. Antonio Muñoz (Spain)
University of Malaga
Dr. GHEORGHIU GABRIELA (Romania)
Faculty of Ecnomic Sciences, "Ovidius" University, Constanta, Romania
Dr. Pavlos Stamatiou (Greece)
University of Macedonia, Greece
Yugang He (South Korea)
Chonbuk National University
Dr. Nataliia V. Biloshkurska (Ukraine)
Department of Marketing, Management and Business Management; Pavlo Tychyna Uman State Pedagogical University; Uman, Ukraine
Yin Cui (China)
Tianjin University
Nino Mikiashvili (Georgia)
Department of Economics, Ivane Javakhishvili Tbilisi State University
Dr. Bashar H. Malkawi (United Arab Emirates)
University of Sharjah
Stefan Cristian Gherghina (Romania)
Bucharest University of Economic Studies
Dr. Antonio Emmanuel Pérez Brito (Mexico)
Universidad Autónoma de Yucatán, Facultad de Contaduría y Administración
Dr. Duha Saadi Ahmed (Iraq)
Applied sciences department, university of Technology,Baghdad, IRAQ
Prof. POP NICOLAE ALEXANDRU (Romania)
The Bucharest University of Economic Studies, Marketing Department, Bucharest, Romania
Piotr Prus (Poland)
UTP University of Science and Technology in Bydgoszcz, Poland
Dr. Zulfiqar Ali Wagan (Pakistan)
School of Management, Hefei University of Technology, Anhui, China.
Emilia Grzegorzewska (Poland)
Warsaw University of Life Sciences - SGGW
Dr. De Luca Anna Irene (Italy)
Department of Agriculture, Mediterranean University of Reggio Calabria
Prof. Samir Safi (Palestinian Territory)
Department of Statistics, Gaza, The Islamic University of Gaza, Gaza Strip, Palestine
sundar balakrishna (India)
IIM Ahmedabad
Dr. Mohammad Shahriari (Iran)
Department of Mathematics, Faculty of Science, University of Maragheh, P.O. Box 55136-553, Maragheh, Iran.
CRENTSIL KOFI AGYEKUM (China)
Beijing University of Technology Economics and management Department
Hossein Tarighi (Iran)
Attar institute of higher education
Dr. Qurat-Ul-AIn Khaliq (Pakistan)
Department of Statistics, Allama Iqbal Open University, Islamabad, Pakistan
Prof. Salvatore Farace (Italy)
Department of Law, University of Salerno, Salerno, Italy
Şahin Karabulut (Turkey)
Karamanoglu MehmetbeyUniversity
Dr. MERCEDES JIMÉNEZ GARCÍA (Spain)
Universidad de Cádiz
Dr. Erol AYDIN (Turkey)
Animal Health Economics and Management
Prof. Serkan Benk (Turkey)
Department of Public Inance, Inonu University, Malatya, Turkey
Katerina Bojkovska (Macedonia)
Associate Professor
Dr. Melnychuk Yuliia (Ukraine)
Department of Finance, Accounting and Economic Security, Pavlo Tychyna Uman State Pedagogical University, Uman, Ukraine
Dr. Ireneusz Miciuła (Poland)
University of Szczecin, Department of Economics and Management
Prof. Stuart BorschBorsch (United States)
Assumption College
Dr. Ellis Kofi Akwaa-Sekyi (Spain)
1. Department of Business Administration, University of Lleida, Lleida, Spain; 2. Faculty of Economics and Business Administration, Catholic University College of Ghana-Fiapre, Ghana
Francesco Caputo (Italy)
University of Salerno
Yi Su (China)
Harbin Engineering University
Dr. Qian Cheng (China)
Migrant Population Service Center, National Health Commission P.R. China
Prof. Herlandí de Souza Andrade (Brazil)
School of Engineering of Lorena, University of São Paulo, Lorena, São Paulo, Brazil
Dr. Muntean Neli (Moldova)
Acadamy of Economic Studies, Department of Accounting, auditing and Economic Analysis, Chishinau, Republic of Moldova
Vitalina (Ukraine)
International E-commerce and Hotel&Restaurant Business Department, V.N. Karazin Kharkiv National University
Prof. Eduard Rostomyan (Armenia)
Theoretical Dept of the Inst of Radiophysics & Electronics Armenian National Ac Sci, Ashtarack, Armenia
De Zhou (China)
Nanjing Agricultural University
ELENA STAVROVA (Bulgaria)
Prof
Rakos Ileana - Sorina (Romania)
University of Petrosani
BATRANCEA IOAN (Romania)
BABES-BOLYAI UNIVERSITY
Arna Suryani (Indonesia)
Batanghari University
Vitalina Babenko (Ukraine)
International E-commerce and Hotel&Restaurant Business Department, V.N. Karazin Kharkiv National University
Dr. Tareq N. Hashem (Jordan)
Isra University
Grzegorz Michalski (Poland)
Wroclaw University of Economics
Antonis Demos (Greece)
AUEB
Serap DURUSOY (Turkey)
Abant İzzet Batsal University
Olena Prokopishyna (Ukraine)
Simon Kuznets Kharkiv National University of Economics
Dr. Arshad Bhat (India)
Sher-e-Kashmir University of Agricultural Sciences and Technology of Kashmir Shalimar Srinagar
Dr. Syed Moudud-Ul-Huq (Bangladesh)
Department of Business Administration, Mawlana Bhashani Science and Technology University, Tangail-1902, Bangladesh
Sumit Oberoi (India)
Lovely Professional University
Waqar Khalid (Cyprus)
Department of Economics, Graduate School of Social Sciences, Near East University, North Cyprus, Turkey
Prof. Donato Morea (Italy)
Faculty of Economics, Universitas Mercatorum, Rome, Italy
Prof. Ling Lin (China)
School of Economics, Hunan Agricultural University
Dr. Sunecher Yuvraj (Mauritius)
Department of Accounting, Finance and Economics, School of Business, Management & Finance, University of Technology Mauritius
Dr. József Móczár (Hungary)
Department of Mathematical Economics, Corvinus University of Budapest, Budapest, Hungary
Prof. Godswill Makombe (South Africa)
Gordon Institute of Business Science, Johannesburg, South Africa
Dr. Dr. Ranjit Kumar Paul (India)
ICAR-Indian Agricultural Statistics Research Institute
Prof. Elisabete Fátima Simões Vieira (Portugal)
GOVCOPP Unit Reserach, ISCA-University of Aveiro, Aveiro, Portugal
Dr. Dilesha Nawadali Rathnayake (China)
School of Economics, Shandong University of Technology, Zibo, Shandong Province, China
Dr. Hossein-Ali Fakher (Iran)
Department of Natural Resources and Environment, Science and Research Branch, Islamic Azad University, Tehran, Iran
Dr. KPONOU Kenneth (Benin)
Departement of Economics and Managment of University of Abomey-Calavi
Dr. Miriam Petracca (Italy)
Giustino Fortunato University
CLOTTEY SAMUEL ATTUQUAYE (Ghana)
School of Finance and Econnomics, Jiangsu University, Zhenjiang, China
Diego Xavier Mancheno Ponce (Ecuador)
Pontifical Chatolic Univesity of Ecuador
Prof. Jianli Luo (China)
Wenzhou University
Dr. S.M. Rahaman (India)
Department of Agricultural Economics (PG), Bihar Agricultural University, Sabour, Bhagalpur, Bihar, India-813210
Dr. Maohua Li (China)
Institute for Corporate Social Responsibility, Xi'an Siyuan University
Dr. Radka Andasarova (Bulgaria)
Department of Accountancy and Analysis, University of National and World Economy, Sofia, Bulgaria
Dr. Andrii Hutorov (Ukraine)
Organization Management and Public Administration Department, National Scientific Center “Institute of Agrarian Economics” of NAAS of Ukraine, Kyiv, Ukraine
Dr. dr Niksa Grgurevic (Montenegro)
Adriatic University Bar, Faculty of management Herceg Novi
Dr. Helena Gaspars-Wieloch (Poland)
Department of Operations Research, Poznan University of Economics and Business, Poznan, Poland
Dr. Dorota Żebrowska-Suchodolska (Poland)
Warsaw University of Life Sciences
Prof. Basanta K Pradhan (India)
Development Planning Center, Institute of Economic Growth, University of Delhi Enclave, Delhi-110007, INDIA.
Dr. Quah, Chee Heong (Malaysia)
Faculty of Business and Accountancy, University of Malaya
Biljana Danić Simić (Serbia)
Republic of Serbia – Ministry of Finance-senior advisor
Prof. Amélia Cristina Ferreira da Silva (Portugal)
CEOS.PP, Porto Accounting and Business School of Porto, Polytechnic of Porto, Porto, Portugal
Dr. Xian-Ping Yue (China)
School of Business Administration, Nanjing Audit University, Nanjin, Jiangsu 211815, China
Prof. Dr. Hamid Doost Mohammadian (Germany)
Professor at FHM University of Applied Sciences, Bielefeld, Germany
Dr. Md. Shabbir Alam (Oman)
Department of Finanace and Economics, CCBA, Dhofar University, salalah, Dhofar, Oman
Dr. Iara Tonissi Moroni Cutovoi (Brazil)
.
Prof. Salagean Tudor (Romania)
University of Agricultural Sciences and Veterinary Medicine Cluj-Napoca
Dr. Paweł Kawa (Poland)
Department of Macroeconomics, Cracow University of Economics, Poland
Dr. Mohammad Mirbagherijam (Iran)
Shahrood University of Technology
Dr. Jibin Baby (United States)
NC State University
Dr. Haici Zhang (United States)
Institute of Financial Services Analytics, University of Delaware, Newark,DE, USA
Dr. Mouna BEN ABDELJELIL (Others)
IHEC Sousse University of Sousse Tunisia
Dr. Tuncer Govdeli (Turkey)
Oltu Faculty of Humanities and Social Sciences, Atatürk University, Turkey
Dr. Saheed Akande Shittu (Nigeria)
Department of Accountancy, Federal Polytechnic Ayede, Ogbomoso, Oyo State, Nigeria
Dr. Alexandre Verlaine (Luxembourg)
Luxembourg Armed Forces
Prof. Yu Kun Wang (China)
Department of Ecomics and Finance, Zhanjiang University of Science and Technology,Guanjiang, China
Dr. Mingzhu Xie (China)
School of Finance and Accounting, Anhui Xinhua University, Hefei City, Anhui Province, China
Dr. Gbenga Adamolekun (United Kingdom)
The Business School, Edinburgh Napier University, Edinburgh, UK
Prof. Maria Iorgachova (Ukraine)
Department of Financial Management and Stock Market, Odesa National Economic University,Ukraine
Prof. Azmat Ullah (Bangladesh)
Port City International University
Prof. Nadiia Bocharova (Ukraine)
Associate Professor, Department of Management, Kharkiv National Automobile and Highway University
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