
Laura Mariana CismașWest University of Timişoara · Department of Economics and Economic Modelling
Laura Mariana Cismaș
PhD Professor
About
120
Publications
39,315
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739
Citations
Introduction
Additional affiliations
January 2012 - May 2017
February 2005 - present
Position
- Ph.D. Professor from 2005, Head of Department Economics & Economic Modelling from 2012, Ph.D. coordinator in Economics since 2008.
Description
- Microeconomics, Macroeconomics, European Macroeconomics, European Economy and Regional Development Policy, EU Economics, Policies and European Economic Institutions
Publications
Publications (120)
The labour markets are in a transformative period due to increased uncertainty and overall volatility. Moreover, they show a socially biased fingerprint affecting the social and economic policies at the EU 27 level. The unemployment rate by 6.0% in the spring of 2024 (Eurostat) indicates that the dynamics become more complex on the background of sk...
Agricultural finance plays a pivotal role in facilitating the modernization and commercialization of farming practices and bolstering global food security. However, the provision of sustainable financial services in remote regions poses a significant challenge within the developing and underdeveloped countries. Consequently, farmers often grapple w...
The Sustainable Development Goals (SDGs) serve as a pivotal framework globally, addressing environmental concerns. The 2023 Agenda emphasizes the interconnectedness of environmental issues with socio-economic development, recognizing their fundamental role in human prosperity. This research critically evaluates the mid-term progress of EU Member St...
The bioeconomy is a complex and increasingly relevant field, and agriculture represents an essential sector for its development. The bioeconomy presents an opportunity for sustainable agriculture that is beneficial for the environment and public health, both globally and particularly for nations with centralized agricultural systems, such as the fo...
Social and intellectual capital are relatively new concepts in assessing the overall competitiveness of global and European economies. As intangible capitals they represent the superior outcome of interactions between traditional economics, business administration, behavioral and institutional economics. Based on reviewing the main models, our pape...
Bioeconomy is a field that can contribute to Romania’s economic development in the context of the European Union’s environmental protection policies. This paper analyzes the cluster hierarchy of economic sectors included in the bioeconomy field in Romania. The main objective of this article is to identify the position of agriculture among the ten s...
Pakistan is urbanizing at the fastest pace in South Asia, and if left unplanned, it will not only reduce adaptive capacity of its residents rather it will be a chaos for its residents. The aim of this study is to answer the question on how urbanites of Pakistan are coping with climate change and which part of the society required support to cope wi...
The current labour market is at a crossroads: on one hand, there are challenges triggered by technological pressures and perks, aiming at a greener, more sustainable and resilient economic growth, and on the other hand, there are the changes and tensions generated by the current institutional frameworks, that show delays in mitigating the apparent...
The bioeconomy is an area that encompasses more economic activities and is environmentally friendly and sustainable. Bioeconomy contributes to the economic development of a state by creating new jobs, expanding the business environment and making activities more efficient. In this context, the bioeconomy is an element of economic development that h...
The primary objective of this research was to determine the impact of
renewable energy, alternative and nuclear energy, urbanization, energy use, and fossil fuel energy consumption on Romanian economic development. To investigate the relation between variables, we employed the Autoregressive Distributed Lag (ARDL) technique in conjunction with FMOL...
The study used an asymmetric ARDL model to analyse the asymmetric (positive and negative shocks) impact of foreign direct investment, personal remittances, total reserves, gross savings, and information and communication technology on economic growth in Pakistan from 1976 to 2019. The short-run and long-run results of the asymmetric autoregressive...
The Romanian agricultural sector has had a difficult history over the past 100 years. Economic and social issues in the sector have influenced significantly Romanian economic development, and continue to represent a huge challenge in the current changing economic and social context fraught with risks from climate and demographic change, to change t...
Investigating the important role played by agriculture and carbon dioxide emission is crucial from environmentally sustainable agriculture production. The present analysis determined the impact of crops production, fertilizers use, land used for the crops production, and employment in agriculture on CO2 emission in Bhutan by taking the annual data...
The current study explored the impact of renewable energy use, urbanization, economic growth and trade in services on CO2 emission in Maldives by using annual data series ranging from 1990 to 2020. We have checked the variables influences by utilizing the Nonlinear Autoregressive Distributed Lag (NARDL) method with long-run and short-run connection...
The key aim of the current analysis was to examine the impact of electricity production from various sources (oil, nuclear, natural gas and coal) on CO2 emission in Pakistan by utilizing the annual data series varies from 1975–2020. The study employed the two unit root tests for the purpose of stationarity, while an asymmetric Nonlinear Autoregress...
The primary goal of this analysis was to determine the impact of inflation, poverty, unemployment, and population growth on economic growth in Pakistan using time series data from 1986 to 2020. The stationarity for the variables was tested through unit root testing, while the asymmetric (NARDL) technique was applied to expose the association amid t...
Reducing inequalities within and among countries is one of the main tenets of the sustainable development paradigm and has become an important pillar at the European Union level. By adopting the 2030 Agenda for Sustainable Development, EU countries have committed themselves to meet targets against which progress in reducing inequalities can be meas...
The urban transit system is considered the backbone of any society as it heavily depends on economic progress. The railway transit system is crucial for any urban transit system. Based on this notion, the present research explores the industrial agglomeration in China’s prefecture-level and cities from 2010 to 2020. The research analyses the proces...
Buildings worldwide use a large amount of energy and, hence, contribute to increasing the level of greenhouse gases emission (GHG). It was realized that most electrical energy is used in buildings for heating, cooling, and ventilation purposes. To deal with environmental issues, the concepts of renewable energies and clean or green energy sources h...
Despite the growing academic interest in transformational leadership and employee
creativity, the banking sector has not yet received enough consideration. Mostly, the banking sector
was assumed to be an inappropriate setting for employee creativity as it is a tightly supervised
and controlled segment of an economy. Nevertheless, some research stud...
This study focuses on social and cognitive psychological factors that drive personal norms and consequent buying intentions toward green electric appliances. The study differentiates itself from other similar studies by examining the mediating role of consumer personal moral norms in developing nation perspective. Following a cross-sectional study...
Research has highlighted agriculture’s contribution to the Romanian bioeconomy growth at the level of each territorial administrative region (NUTS 2). This paper analyzes the relevant socio-economic indicators of the bioeconomy in Romania’s regions. We use Eurostat and the National Institute of Statistics from Romania (NIS) database for selected in...
Establishing balanced and sustainable development is critical for improving the banks’ capability and performance. Financial development has enormous significance in an environment of increasingly contestable international markets and can be achieved by enhancing banking efficiency and performance. The bank efficiency is estimated through Data Enve...
The climate-neutral economy is today, more than ever, the priority issue for all governmental and non-governmental bodies, directly and indirectly involved in the ambitious and responsible process of society’s transition to the green economy. To be or not to be sustainable today is no longer an option, but an urgent necessity. Based on these consid...
Corporate social responsibility (CSR) and an organization's financial performance are well discussed in the literature. However, the role of employees to spur the financial performance, especially the mediating effect of employees' pro-environmental behavior between CSR and financial performance, is not well explored. Literature also shows that con...
Bioeconomy and agriculture are two interconnected areas, and each contributes to the development of the other. Agriculture is an important sector of the bioeconomy that can contribute to the economic development of a state. The process of transition to a green and circular economy is a present and future goal for the European Union (EU), particular...
Relying on tournament theory and environmental management research, we examine how CEO tournament incentives induce top executives to invest more in green innovation. Using a sample of Chinese listed companies from 2010 to 2016, we find evidence that CEO tournament incentives are positively associated with green innovation. In addition, we find tha...
This study empirically investigates the role of employees’ perceptions of CSR in improving their green behavior in the hospitality industry. In addition, this study investigates the mediating role of employee well-being and the moderating role of hotels’ environmental strategy in this relationship. Empirical analysis is performed in a cross-country...
The European Union, by adopting the European Green Deal, aims at an extremely ambitious
goal to become climate neutral by 2050. This objective implies a massive investment plan to reduce
disparities between EU Member States and to support their transformation efforts in order to reshape
the Union into a modern, resource-efficient and competitive ec...
Sustainability cannot exist without the actual engine driving it: the active people, involved in the socio-economic sectors and who decide, finally, through various means whether economic policies addressing pressing concerns are feasible and acceptable, or not. The issue of the relationship between sustainability, labor market, and corporate gover...
Introduction: Climate change and the limiting nature of fossil natural resources are compelling elements that have driven the search for environmentally friendly alternatives to the traditional economy. In this context, as the main pillar of bioeconomy, biomass can contribute to energy sustainability, temper effects of climate change, and make the...
The present study empirically investigates the effect of corporate governance on the value of cash holding, usage of excess cash, and firm performance in concentrated and competitive industries in the context of less developed countries. The empirical analysis was conducted in the panel data setting using Pakistan as a case study. Our findings sugg...
Romania can claim the status of destination for exploration, leisure and travel and the recent
developments prove the interest for developing and improving itineraries, and infrastructures, while
pursuing to identify the most relevant issues for increasing the competitiveness of the Romanian
tourism and travel sector. Our paper, by analysing some i...
Administration as complex field of science, expertise, and research has accompanied economic, social, and cultural development from ancient times up to now. Public administration is the most visible component as it has multiple facets as expression of the political, legal, and managerial context inside a country. It ensures permanent direct or indi...
Thousands of studies deal with and analyse convergence. Initially, at least for European countries accessing the European Union, it was about nominal convergence, some macroeconomic indicators clearly established by the Maastricht Treaty. Then real convergence turned into the study interest of researchers. Regarding real convergence, even if the nu...
Global and European challenges by the beginning of the 21st century have an intensity and severity comparable with the ones by the beginning of the 20th century, though different partially in nature: a harrowing financial-economic crisis followed nowadays by a global pandemic. The challenges at European Union level and at national level are not onl...
The cohesion policy of European Union is actually its strategic investments’ policy. The Union’s values are freedom, equality, the rule of law, respect for human dignity, non-discrimination regarding persons belonging to minorities, non-discrimination, including here gender equality. One of the main objectives of the European Union is aimed at the...
The present paper had as starting point the idea according to which human capital, investment in human capital, and respectively in education, can be considered key determinants of economic growth and development. Our paper draws attention to the conditions necessary so that the effects of education on human capital development and economic develop...
The present paper represents a study of the competitiveness of Romania in relation to the targets of the Europe
2020 strategy, in order to draw up a current regional ranking of the competitiveness. There are significant
disparities in the regional contribution to the achievement of Europe 2020 national targets, which will affect
both Romania's comp...
International and European tourism underwent a constant and almost unprecedented development in the last decades. In 2018, international tourism displayed the ninth year of consecutive growth that exceeded even the increase of world GDP according to UNWTO data. This ascending trend continued in 2019, and the perspectives were promising according to...
The present paper aims at analysing the way the Romanian economy has integrated the recent approaches in economics, such as social norms, institutional economics, behavioural economics, or ecological economics, and has contributed to the development of economic behaviour, of competitiveness. The authors will take into consideration that economic de...
The relationship between institutional quality and sustainable development?; in all its three connected dimensions - economic, social, environmental - is widely discussed at the decision making level and in the specialized literature, with some contradictory opinions among researchers. This paper aims at investigating the relationship between insti...
The objective of this paper is to study the impact of remittances upon the origin country of emigrants. In order to achieve our purpose , we have performed a quantitative analysis by using econometric models to highlight the correlation and the causality between the studied variables. The empirical research focused on two directions: first, we stud...
Romania has made considerable progress in the economic transition and integration in the European Union during the last decades. Over the last years, Romania has managed to meet the nominal criteria imposed by the Maastricht Treaty. In this context, the next step would be entering the Euro Area. The Euro objective continues to be debated by economi...
The food security remains a major priority and a typical issue that requires immediate international solutions. Recent studies reveal the increasing complexity of food security issues focusing on the necessity to address formal actions and solve the dramatic situations. New tools are always welcome to facilitate solutions� implementation. In Septem...
The EU-Vietnam Free Trade Agreement is a new generation of trade agreements between Vietnam and 28 EU Member States called EVFTA. The EVFTA was negotiated in mid-2012. After 14 formal meetings, the EVFTA negotiation process was finalized on December 2, 2015. On 17/10/2018, the European Commission has submitted a free trade agreement between Vietnam...
Abstract: In the context of a global economy, increasingly competitive, the battle for the competitive advantage has become harsh. The attractiveness of countries which influence the international migration, generate opposite or complementary effects in the countries of origin and destination. Labor migration among highly qualified people stirred c...
In the new innovation economy, national competitiveness is an expression of the quality of the human capital and of the capacity to attract and retain the talent. In this paper, we propose to verify the link between the national competitiveness and the human capital, measured by the public expenditure on tertiary education and by the public expendi...
In the present paper, we study two nonlinear systems which describe the price dynamics of a single commodity market. The market price is expressed with the demand and supply functions for the commodity. The distributed time delay is introduced in the demand and supply prices. It is assumed that the consumer and producer behavior depends on the weig...
This paper assesses the determinants of total factor productivities in 96 regions of EU15 and 27 regions of CEE, during 1999–2010 by considering R&D, human capital and infrastructure in a dynamic specification. We distinguish between private and public R&D and we consider the health component of human capital instead of the educational one, while e...
The issue of economic disparities within the European Union economies is not new, it is actually a topical issue. Unfortunately, the EU enlargement has determined an even stronger deepening of the regional disparities, because in the absence of adequate regional development policies, the financial instruments have proved to be ineffective. Recent s...
Within the current economic reality, investors are confronted daily with the
problem of choosing between more investment options, when acting inside a risky
business environment. Thus, the problem of choosing between the existing investment
options becomes a multi-criteria problem, within which the investor must take into account
not only to maximi...
In the present paper we study some models for the price dynamics of a single commodity market. The quantities of supplied and demanded are regarded as a function of time. Nonlinearities in both supply and demand functions are considered. The inventory and the level of inventory are taken into consideration. Due to the fact that the consumer behavio...
In the present paper we study some models for the price dynamics of a single commodity market. The quantities of supplied and demanded are regarded as a function of time. Nonlinearities in both supply and demand functions are considered. The inventory and the level of inventory are taken into consideration. Due to the fact that the consumer behavio...
In the present paper we study some models for the price dynamics of a single commodity market. The quantities of supplied and demanded are regarded as a function of time. Nonlinearities in both supply and demand functions are considered. The inventory and the level of inventory are taken into consideration. Due to the fact that the consumer behavio...
The paper considers it necessary to rethink the joint relationship
between economy and education, respectively pointing towards the awareness that education as a component of human capital plays an important role in the
economic growth, accelerating its pace, and the quality of the education system
depends heavily on the development of the country....
The main objective of this paper is to highlight the need for promoting a new vision regarding competitiveness mostly in the context of amplifying the effects and the complexity of the nature of crisis manifested now on the international level (economic, environment, demographic, value and moral etc.). The economic thinking pays increased attention...
In the present paper we consideran evolutionary bim
atrix game with two populations of
users and two strategies. The replicator dynamics
and its stochastic perturbation are taken into
consideration. The market competition is analyzed f
rom the point of view of an evolutionary
bimatrix game. The last part of the paper includes
numerical simulations...
The Best Romanian Management Studies in 2011.2012’ represents a step
a ea in the endevours of the most elitist Romanian Management — _______________________________________________________________________________
organisation — Romanian Academic Management Society (RAMS) — to
contribute to the development of the management in Romania. The main
obj...
In the current context of the harmonization of European territorial development, regional
policy allocates an increasingly important role to cross-border cooperation, establishing its
objective, for the current period of financial programming ending in 2013, to stimulate this kind
of cooperation.The European countries have understood that one metho...
The study of influence factors of cyclical fluctuations is of major importance for a country’s economy. In the present context, of the new economy, where the emphasis is on new technologies, and information is the main product and resource of the economy, innovation is one of the most important factors among the ones which influence the economic ac...
The purpose of this article is to emphasize and explain the influence of endogenous factors: consumption, investment and currency on the fluctuations in economic activity in Romania between 1995 and 2009. The following indicators were taken into consideration: The household final consumption, net investments, broad money supply (M3), and the fluctu...
Cross-border cooperation has become, in the recent years, one of the basic pillars of the elimination process of development disparities between regions. The available economic and social datas suggests an important development of the area border especially after 2002, when Hajdu-Bihar and Bihor founded the Bihor-Hajdu Bihar Euroregion. Regional po...