Timisoara Journal of Economics and Business http://tjeb.ro/index.php/tjeb <p><a href="../../../../">Timisoara Journal of Economics and Business</a> (formerly <a href="http://www.tje.uvt.ro/index.php/tje" target="_blank" rel="noopener">Timisoara Journal of Economics</a>, 2008-2012) is a peer-reviewed on-line journal open to high-quality papers from all fields of modern economics and business. The journal will release two issues per year, one in June and one in December. The journal focus is on empirically oriented papers. However, good review papers or high quality theoretical contributions are welcomed as well.</p> <p>ISSN 2286-0991; ISSN–L 2286-0991</p> <hr> <article class="obj_article_details"> <div class="row"> <div class="entry_details"> <p><a title="Link TJEB on De Gruyter Open" href="http://www.degruyter.com/view/j/tjeb?rskey=ORQDKz&amp;result=1" target="_blank" rel="noopener"><strong><img title="De Gruyter logo" src="../../../../public/site/images/camelia-margea/De_gruyter.jpg" alt="De Gruyter Open logo" width="123" height="68"></strong></a></p> <a title="Link TJEB on De Gruyter Open" href="http://www.degruyter.com/view/j/tjeb?rskey=ORQDKz&amp;result=1" target="_blank" rel="noopener"><strong>Timisoara Journal <br>of Economics <br>and Business</strong> <br>in DE GRUYTER OPEN</a><br>(since 2014)</div> <div class="main_entry"> <p><em>Timisoara Journal of Economics and Business</em> is covered by the following services:</p> <p>AcademicKeys; <a title="Baidu Scholar" href="http://xueshu.baidu.com/s?wd=%22Timisoara+Journal+of+Economics+and+Business%22&amp;rsv_bp=0&amp;tn=SE_baiduxueshu_c1gjeupa&amp;rsv_spt=3&amp;ie=utf-8&amp;f=8&amp;rsv_sug2=0&amp;sc_f_para=sc_tasktype%3D%7BfirstSimpleSearch%7D&amp;rsv_n=2" target="_blank" rel="noopener">Baidu Scholar</a>; Cabell's Directory; Caboose Open Directory; <a title="CEJSH (The Central European Journal of Social Sciences and Humanities)" href="http://cejsh.icm.edu.pl/cejsh/element/bwmeta1.element.issn-2286-0991" target="_blank" rel="noopener">CEJSH</a>; Celdes; CNKI Scholar (China National Knowledge Infrastructure); CNPIEC; Directory of Science; <a title="DOAJ (Directory of Open Access Journals)" href="https://doaj.org/toc/1844-7139?source=%7B%22query%22%3A%7B%22filtered%22%3A%7B%22filter%22%3A%7B%22bool%22%3A%7B%22must%22%3A%5B%7B%22term%22%3A%7B%22index.issn.exact%22%3A%221844-7139%22%7D%7D%2C%7B%22term%22%3A%7B%22_type%22%3A%22article%22%7D%7D%5D%7D%7D%2C%22query%22%3A%7B%22match_all%22%3A%7B%7D%7D%7D%7D%2C%22from%22%3A0%2C%22size%22%3A100%7D" target="_blank" rel="noopener">DOAJ</a>; EBSCO (relevant databases); EBSCO Discovery Service; EconBiz; <a title="Open source Economics articles Index" href="http://www.econbib.org/index.php/browse/index/111" target="_blank" rel="noopener">EconBib</a>; <a title="EconLit" href="https://www.aeaweb.org/econlit/journal_list.php#T" target="_blank" rel="noopener">EconLit</a>; EuroInternet; Genamics JournalSeek; <a title="Global Impact and Quality Factor" href="http://globalimpactfactor.com/timisoara-journal-of-economics-and-business" target="_blank" rel="noopener">Global Impact Factor (GIF)</a>; Google Scholar; <a title="Index Copernicus" href="http://journals.indexcopernicus.com/Timisoara+Journal+of+Economics+and+Business,p4074,3.html" target="_blank" rel="noopener">Index Copernicus</a>; J-Gate; JournalTOCs; Naviga (Softweco); NewJour – Electronic Journals &amp; Newsletters; <a title="Global Impact and Quality Factor" href="http://oaji.net/journal-detail.html?number=2256" target="_blank" rel="noopener">Open Academic Journals Index</a>; Primo Central (ExLibris); ReadCube; <a title="Research Papers in Economics (RePEc)" href="http://econpapers.repec.org/article/wuntimjeb" target="_blank" rel="noopener">RePEc</a>; ResearchGate; <a title="SearchWorks catalog" href="https://searchworks.stanford.edu/view/10424610" target="_blank" rel="noopener">Stanford University Libraries</a>; Summon (Serials Solutions/ProQuest); TDOne (TDNet); Ulrich's Periodicals Directory/ulrichsweb; <a title="WorldCat (OCLC)" href="http://www.worldcat.org/title/timisoara-journal-of-economics-and-business/oclc/870997818&amp;referer=brief_results" target="_blank" rel="noopener">WorldCat (OCLC)</a></p> </div> </div> <p>&nbsp;</p> </article> De Gruyter Open en-US Timisoara Journal of Economics and Business 2286-0991 <a href="http://creativecommons.org/licenses/by-nc-nd/3.0/" rel="license"><img style="border-width: 0px; float: left; margin-left: 2px; margin-right: 2px;" src="https://i.creativecommons.org/l/by-nc-nd/3.0/88x31.png" alt="Creative Commons License" /></a>Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License. <br />(<a href="http://creativecommons.org/licenses/by-nc-nd/3.0/" target="_blank">CC BY-NC-ND 3.0</a>) (Since 2014) A few Insights into Romanian information systems analysists and designers toolbox http://tjeb.ro/index.php/tjeb/article/view/TJEB-vol10-2017-iss1-art1-FOTACHE <p>Information Systems (IS) analysts and designers have been key members in software development teams. From waterfall to Rational Unified Process, from UML to agile development, IS modelers have faced many trends and buzzwords. Even if the topic of models and modeling tools in software development is important, there are no many detailed studies to identify for what the developers, customers and managers decide to use the modeling and specific tools. Despite the popularity of the subject, studies showing what tools the IS modelers prefer are scarce, and quasi-non-existent, when talking about Romanian market. As Romania is an important IT outsourcing market, this paper investigated what methods and tools Romanian IS analysts and designers apply. In this context, the starting question of our research focuses on the preference of the developers to choose between agile or non-agile methods in IT projects. As a result, the research questions targeted the main drivers in choosing specific methods and tools for IT projects deployed in Romanian companies. Also, one of the main objectives of this paper was to approach the relationship between the methodologies (agile or non-agile), diagrams and other tools (we refer in our study to the CASE features) with other variables/metrics of the system/software development project. The observational study was conducted based on a survey filled by IS modelers in Romanian IT companies. The data collected were processed and analyzed using Exploratory Data Analysis. The platform for data visualization and analysis was R.</p> Marin FOTACHE Gabriela MESNITA Florin DUMITRIU Georgiana OLARU ##submission.copyrightStatement## http://www.degruyter.com/view/supplement/s22860991_Open_Access_License.pdf 2018-01-24 2018-01-24 10 1 1 18 10.1515/tjeb-2017-0001 The impact of foreign direct investment on the Romanian labour market: new evidence from a pooled model http://tjeb.ro/index.php/tjeb/article/view/TJEB-vol10-2017-iss1-art2-DIACONU_MAXIM <p>The present paper presents a series of results concerning the labour market impact of the foreign direct investment (FDI) inflows in Romania, during the period 2005-2014. In order to reach this objective, we have conducted both an investigation of the specialized literature and an econometric analysis, based on a pooled OLS regression. The added value of this study results from the novelty aspects brought by the results, which indicate two new roles of FDI on the Romanian labour market: a potential “gap-widening” effect between the civil employment and number of employees and a “crawling” effect on the net income. Since the results showed a positive correlation between FDI and civil employment and also between FDI and the average number of employees, the first effect suggests that most of employees of the foreign firms work there less than one year. This may explain why foreign companies are not motivated to offer their employees much higher wages than the local firms and thus that the effect of FDI on nominal net income is very small (“crawling” effect).</p> Laura DIACONU MAXIM Daniel ȘTERBULEAC ##submission.copyrightStatement## http://www.degruyter.com/view/supplement/s22860991_Open_Access_License.pdf 2018-01-23 2018-01-23 10 1 19 34 10.1515/tjeb-2017-0002 The coordinates of co-production in the educational services system http://tjeb.ro/index.php/tjeb/article/view/TJEB-vol10-2017-iss1-art3-JIVAN <p>The paper proposes a certain delimitation of the concepts of cooperation and co-production in services and aims to apply them concretely in education, related to the connections (cooperation) between offeror and beneficiary. The article is part of a wider plan that seeks to implement the legitimacy of using the notion of co-production in all sectors of activity, whether it is the one of goods or services to designate cooperative relationships between producer and consumer or, as we like to say, between the offeror and the beneficiary. The article starts with the definition and clarification of the concept of co-production. After briefly setting several conceptual aspects, an applied analysis is performed on a group of respondents from education, using a questionnaire developed to provide adequate information for the purposes set forth: some relationships between the influence factors of the co-production between teacher and student are analysed. The questionnaire allows us to share interesting conclusions regarding the reasons that make people to participate. An analysis of the logic behind the co-production phenomenon is offered, reserves for the improvement of such relations being revealed for the education system. &nbsp;The conclusions following the data analysis confirm the initial assumptions and reveal interesting aspects, as described in the final section.</p> Alexandru JIVAN Maria BARABAȘ ##submission.copyrightStatement## http://www.degruyter.com/view/supplement/s22860991_Open_Access_License.pdf 2017-12-01 2017-12-01 10 1 35 50 10.1515/tjeb-2017-0003 Financing human development for sectorial growth: a time series analysis http://tjeb.ro/index.php/tjeb/article/view/TJEB-vol10-2017-iss1-art4-SHOBANDE <p>The role which financing human development plays in fostering the sectorial growth of an economy cannot be undermined. It is a key instrument which can be utilized to alleviate poverty, create employment and ensure the sustenance of economic growth and development. Thus financing human development for sectorial growth has taken the center stage of economic growth and development strategies in most countries. In a constructive effort to examine the in-depth relationship between the variables in the Nigerian space, this paper provides evidence on the impact of financing human development and sectorial growth in Nigeria between 1982 and 2016, using the Johansen co-integration techniques to test for co-integration among the variables and the Vector Error Correction Model (VECM) to ascertain the speed of adjustment of the variables to their long run equilibrium position. The analysis shows that a long and short run relationship exists between financing human capital development and sectorial growth during the period reviewed. Therefore, the paper argues that for an active foundation for sustainable sectorial growth and development, financing human capital development across each unit is urgently required through increased budgetary allocation for both health and educational sectors since they are key components of human capital development in a nation.</p> Olatunji A. SHOBANDE Charles C. ETUKOMENI ##submission.copyrightStatement## http://www.degruyter.com/view/supplement/s22860991_Open_Access_License.pdf 2017-12-01 2017-12-01 10 1 51 67 10.1515/tjeb-2017-0004 Performance perspectives for small and medium enterprises in Cameroon: innovation and ICTs http://tjeb.ro/index.php/tjeb/article/view/TJEB-vol10-2017-iss1-art5-TSAMBOU <p>This paper studies the combined effects of innovation and information and communication technologies (ICT) on the performance of Small and Medium Enterprises (SMEs). To do this, it uses data from the «General survey of Companies in Cameroon», conducted on 93,969 companies by the National Institute of Statistics (NIS). Of the 93,969 companies surveyed, only 8035 enterprises were questioned according to the synthesis report published in 2010 by the NIS. From this sample, this study extracts innovative SMEs and applies a multiple regression model to assess the direct effects of innovative activities and the use of ICT on SME performance. The econometric analysis shows that: ICT helps to increase SME performance by supporting innovation through the acquisition of new software and hardware equipment. Thus, innovation accompanied by the firm’s use of ICT has a significant effect on performance since Software and Machinery Acquisition related to technological innovations contribute to the firm’s productivity. However, the degree to which the use of ICTs is rooted in the company can accelerate the innovation process and, in the same way, improve firm performance in terms of cost reduction and rationalisation of processes.</p> André Dumas TSAMBOU Benjamin FOMBA KAMGA ##submission.copyrightStatement## http://www.degruyter.com/view/supplement/s22860991_Open_Access_License.pdf 2018-01-23 2018-01-23 10 1 68 87 10.1515/tjeb-2017-0005 Demand – supply – taxation in times of crisis http://tjeb.ro/index.php/tjeb/article/view/TJEB-vol10-2017-iss1-art6-DIACONASU <p>The confrontation of the two doctrines, the Keynesianism and the Supply-side economics highlight that the Laffer perspective is the way to achieve solid economic growth on the long way and aims the core of an “exit from crisis” policy. Therefore, this article aims to analyze the hypothesis that a high level of taxation and public spending deters productive behavior and reduces economic growth during recessions. In other words, an easy taxation and low unproductive public spending are desirable for both, the enterprising investor and the consumer. Using the example of Romanian fiscal policy, on one side, we validated within a Vector Error Correction framework that an increase in government revenues harms consumption, investment and the level of employment, in conjunction with a procyclical behavior of fiscal authorities. On the other side, our results showed some positive effects of an increased government expenditures on consumption and employment, which can be explained by the accelerate deterioration of primary balance deficit and the Central Bank’s low interest rate. Moreover, even though the initial positive response of investment to a government spending shock is positive, this is ephemeral and nonsignificant. Our findings highlight that, in order to reach growth on the long-run in times of crisis, the Romanian economy should adopt the fiscal policy and measures suggested by the Supply-side Economics.</p> Delia Elena DIACONASU Ion POHOATA Oana Ramona SOCOLIUC ##submission.copyrightStatement## http://www.degruyter.com/view/supplement/s22860991_Open_Access_License.pdf 2018-01-23 2018-01-23 10 1 88 103 10.1515/tjeb-2017-0006 Fiscal stability in political discourse: the Romanian case http://tjeb.ro/index.php/tjeb/article/view/TJEB-vol10-2017-iss1-art7-SIMANDAN <p>This article investigates the political resistance to fiscal stability institutions in Romanian context, as revealed in political discourse. To ascertain the a priori political predisposition against the fiscal stability framework, the theoretical findings of the public choice school of economics are utilized. Insights from the political discourse analysis body of literature are employed to the study of discourse against established fiscal stability institutions. Since the consensus arising from this literature is that politics is both acting and talking, the unit of analysis in our examination is the statement that can be classified as political discourse. After briefly analyzing the broader institutional context that provides the background for political discourse, the main storylines against fiscal stability recently emerged are reviewed. Seeking to determine the traits of the dominant political discourse against fiscal stability displayed by Romanian politicians in recent years, a quantitative assessment of the usage of these storylines is given. We find that publicly expressed disagreement with established fiscal stability institutions from the part of politicians and high-ranking bureaucrats has drastically increased over the analyzed period. The research has also revealed that the most employed storyline has been the one that belittles the significance of fiscal stability if the state uses the fiscal revenues for investing in transport infrastructure.</p> Radu SIMANDAN ##submission.copyrightStatement## http://www.degruyter.com/view/supplement/s22860991_Open_Access_License.pdf 2018-01-23 2018-01-23 10 1 104 119 10.1515/tjeb-2017-0007 SOA – the link between modern educational technologies and mobile learning in the Higher Education Landscape http://tjeb.ro/index.php/tjeb/article/view/TJEB-vol10-2017-iss1-art8-POPA_STRAINU <p>Modern educational technologies, encompass a variety of variables like people, processes, assets, environments, technology. These variables are part of a complex system which has some important properties and a final purpose: deliver learning material and keep track of the recipient evolution and development. The purpose of this paper is to define the system of modern educational technologies with the help of it’s variables and intern or extern processes and to find where mobile learning fits in this large system. From a technical point of view we want to analyze if Service Oriented Architecture (SOA) is enough or proper to integrate mobile learning in this system. At the end we should be able to decide if dedicated mobile apps, or mobile friendly sites or combination of those two are suited to deliver the results we want with the support of SOA, if we consider the variety of devices and operating systems we want to integrate.</p> Roxana Marina POPA STRAINU Mircea GEORGESCU ##submission.copyrightStatement## http://www.degruyter.com/view/supplement/s22860991_Open_Access_License.pdf 2017-12-29 2017-12-29 10 1 120 133 10.1515/tjeb-2017-0008