The Auction Behavior of Felling Companies in the Forest Sector. Case Study: the Companies in the Central Region of Romania

• Author: Antonoaie, V.
• Position: Dept. of Economic Sciences and Business Administration, Transilvania University of Brasov
• Pages: 71-76

Bulletin of the Transilvania University of Braşov

Series V: Economic Sciences • Vol. 7 (56) No. 1 - 2014

THE AUCTION BEHAVIOR OF FELLING

COMPANIES IN THE FOREST SECTOR

CASE STUDY: THE COMPANIES IN THE

CENTRAL REGION OF ROMANIA

Victor ANTONOAIE1

Abstract: As part of the quantitative research from the doctoral thesis

“Marketing Strategies and Policies in the Forest Sector”, we have analyzed

the behaviour of the managers from felling companies regarding wo od

auctions in the central area of Romania, more specifi cally in the Braşov,

Sibiu, Harghita, Covasna, Mureş and Alba counties.

Key words: Chi square Test, crosstabulation, auctions.

1 Dept. of Economic Sciences and Business Administration, Transilvania University of Braşov.

1. Introduction

In this paper we aim to determine the

existence of certain statistical connections

between several of the questions asked

regarding the auctions and significant

company identification variables,

specifically the average number of

employees, years of market presence and

total revenue for the year 2012. The

sample comprises the 78 managers who

have answered all the 25 questions of the

form, out of the total of 110 managers who

received it.

2. Method and main results

The

χ

2 test was used for determining the

existence of the variable links. The

theoretical frequencies were calculated for

each cell first using the formula:

.

..

n

nn

nt ij

ij

⋅

= (1)

The

χ

2 test has the formula:

.

)(

11

2

2∑∑

==

−

=

p

i

q

jij

ijij

calc nt

ntn

χ

(2)

The statistical hypotheses were:

H0: there is no link between the variables.

H1: there is a link between them.

The 2

calc

χ

value was compared to the

χ

2

theoretical correspondent, which are

χ2(0,05,12)= 21,02 and χ2(0,05,8)=15,50.

If 2

calc

χ

was higher than the theoretical

one, it means that there is a link between

the two analyzed variables.

The tests for each two-dimensional

distribution were calculated with the aid of

the SPSS software.

The first question analyzed focused on

the managerial perception regarding the

degree of accessibility of official web-sites

which they have to access on a daily basis