the annals of the university of oradea economic sciences

826 Pages·2011·11.09 MB·English

MINISTRY OF EDUCATION, RESEARCH,
YOUTH AND SPORTS

THE ANNALS OF THE
UNIVERSITY OF ORADEA

ECONOMIC SCIENCES
TOM XX

1st ISSUE / JULY 2011

ISSN 1222-569X (printed format)
ISSN 1582-5450 (electronic format)

The publication of the papers in the Journal - THE ANNALS OF THE UNIVERSITY OF ORADEA.
ECONOMIC SCIENCES - Tom XX, 2011, ISSN 1582-5450 (electronic format), ISSN 1222-569X
(printed format), a journal couted by the National Authority as B+ CNCSIS - Romania, RePEc, EBSCO,
DOAJ, CABELL’S DIRECTORY OF PUBLISHING OPPORTUNITIES indexed and respectively on the
site of the journal: http://anale.steconomiceuoradea.ro, with open access, is a result of a peer review
evaluation process. The papers published in this volume are exclusivily engaging authors.

Editorial Board

Chief Editor:
Dr. Anca DODESCU, University of Oradea, Romania;

Associate Editors:
Dr. Ioana POP-COHUŢ, University of Oradea, Romania;
Dr. Adriana GIURGIU, University of Oradea, Romania;

Members:
Academician, Mircea Maliţa, Member of the Romanian Academy, Romania, Dr. H.C. of the University of Oradea;
Dr. Gheorghe Zaman, Corresponding Member of the Romanian Academy, Romania, Dr. H.C. of the University of
Oradea;
Dr.Ahmet Aktas, University of Akdeniz, Alanya, Turkey;
Dr.Mihaela Belu, The Bucharest Academy of Economic Studies, Romania;
Dr. Gordon Biggs, Moray College UHI Millennium Institute, Scotland, Great Britain;
Dr. Luminita Chivu, The Romanian Academy, Romania;
Dr. José Cifuentes – Honrubia, University of Alicante, Spain;
Dr.Mircea Ciumara, The Romanian Academy, Romania;
Dr.Constantin Ciutacu, The Romanian Academy, Romania;
Dr. Marin Dinu, The Bucharest Academy of Economic Studies, Romania;
Dr.Xavier Galiegue, University of Orleans, France;
Dr. Valeriu Ioan-Franc, The Romanian Academy, Romania;
Dr. Zoran Ivanović, University of Rijeka, Croatia;
Dr.Kormos Janos, University of Debrecen, Hungary;
Dr.Eszter Lang, University of Debrecen, Hungary;
Dr. Nicola Mattoscio, “G. D’Annunzio” University of Chieti, Pescara, Italy;
Dr. Piero Mella, University of Pavia, Italy;
Miguel Angel Moreno San Juan, The Leadership Institute, Arlington, USA;
Dr. Guido Montani, University of Pavia, Italy;
Dr. András Nábrádi, University of Debrecen, Hungary;
Dr. Giuseppe Paolone, “G. D’Annunzio” University of Chieti, Pescara, Italy;
Dr. Nicolae Pop, The Bucharest Academy of Economic Studies, Romania, Dr. H.C of the University of Oradea;
Dr. Ioan Popa, The Bucharest Academy of Economic Studies, Romania ;
Dr. Wiktor Pozniak, College of Europe, Poland;
Egidio Rangone, ”G. D’Annunzio” University of Chieti, Pescara, Italy;
Dr. Jean-Emmanuel Tyvaert, University of Reims Champagne-Ardenne, France;
Dr. Adriana Tomescu, University of Oradea, Romania;
Dr. Valentina Vasile, The Romanian Academy, Romania.

Responsible for the English version: Dr. Mirabela Pop, University of Oradea, Romania.

Honorary Committee:
Academician, Mircea Maliţa, Member of the Romanian Academy, Romania – Dr. H.C of the University of Oradea;
His Excellency, Jonathan Scheele – Dr. H.C of the University of Oradea;
Dr. Aurel Negucioiu – Dr. H.C of the University of Oradea;
Dr. Gheorghe Gh. Ionescu – Dr. H.C of the University of Oradea;
Aldo Poli – Dr. H.C of the University of Oradea;
Franco Antiga - Dr. H.C of the University of Oradea;
Dr. Constantin Roşca – Dr. H.C of the University of Oradea;
Dr. Gheorghe Olah – University of Oradea;
Dr. Gheorghe Zaman, Coresponding Member of the Romanian Academy, Romania – Dr. H.C. of the University of
Oradea.
Scientific Committee:
Dr. Băbăiţă Carmen, West University, Timişoara, Romania;
Dr. Bătrâncea Ioan, “Babeş – Bolyai” University, Cluj-Napoca, Romania;
Dr. Liviu Begu, The Bucharest Academy of Economic Studies, Romania;
Dr. Nicolae Bibu, West University, Timişoara, Romania;
Dr. Rodica Boier, “Gh. Asachi” Technical University, Iaşi, Romania;
Dr. Sorin Briciu, “1 Decembrie 1918″ University, Alba Iulia, Romania;
Dr. Cristiana Cristureanu, “Dimitrie Cantemir” Christian University, Bucharest, Romania;
Dr. Marin Dinu, The Bucharest Academy of Economic Studies, Romania;
Dr. Liliana Feleaga, The Bucharest Academy of Economic Studies, Romania;
Dr. Niculae Feleaga, The Bucharest Academy of Economic Studies, Romania;
Dr. Emilian M. Dobrescu, Romanian Academy, Bucharest, Romania;
Dr. Nicoleta Farcane, West University, Timişoara, Romania;
Dr. Xavier Galiegue, University of Orleans, France;
Dr. Elena Hlaciuc, “Ştefan cel Mare” University, Suceava, Romania;
Dr. Tatiana Moşteanu, The Bucharest Academy of Economic Studies, Romania - Dr. H.C of the University of Oradea;
Dr. Marin Opriţescu, University of Craiova, Romania;
Dr. Nicolae Al. Pop , The Bucharest Academy of Economic Studies, Romania – Dr. H.C of the University of Oradea;
Dr. Ion Popa, The Bucharest Academy of Economic Studies, Romania;
Dr. Gheorghe Popescu, “Babes-Bolyai” University, Cluj Napoca, Romania;
Dr. Gabriela Prelipcean, “Ştefan cel Mare” University, Suceava;
Dr. Petru Prunea, University of Oradea, Romania;
Dr. Gabriela Stănciulescu, The Bucharest Academy of Economic Studies, Romania;
Dr. Ovidiu Rujan, The Bucharest Academy of Economic Studies, Romania;
Dr. Ioan Talpos, West University, Timişoara, Romania;
Dr. Adriana Tiron Tudor, “Babeş – Bolyai” University, Cluj Napoca, Romania
Dr. Jean-Emmanuel Tyvaert, University of Reims Champagne-Ardenne, France;
Dr. Constantin Tulai, “Babeş-Bolyai” University, Cluj-Napoca, Romania;
Dr. Ioan Trenca, “Babeş-Bolyai” University, Cluj-Napoca, Romania;
Dr. Gordon T. Biggs, Moray College, Scotland, Great Britain;
Dr. Maria Madela Abrudan, University of Oradea, Romania;
Dr. Olimpia Ban, University of Oradea, Romania;
Dr. Alina Bădulescu, University of Oradea, Romania;
Dr. Mihai Berinde, University of Oradea, Romania;
Dr. Elena Botezat, University of Oradea, Romania;
Dr. Nicoleta Bugnar, University of Oradea, Romania;
Dr. Gheorghe Ţară, University of Oradea, Romania;
Dr. Naiana Ţarcă, University of Oradea, Romania;
Dr. Daniela Zăpodeanu, University of Oradea, Romania.

Edition prepared by:
Associate editor – Dr. Ioana POP COHUŢ
Ec. Cătălin ZMOLE
TABLE OF CONTENTS

SECTION: INTERNATIONAL BUSINESSES AND EUROPEAN INTEGRATION .. 16
SUB-SECTION: INTERNATIONAL BUSINESSES ....................................................... 16
THE SOVEREIGN DEBT CHALLANGE: AN OVERVIEW .............................. 18
Deceanu Liviu ........................................................................................................ 18
Mihuţ Ioana ............................................................................................................ 18
Pop Stanca ............................................................................................................. 18
COMMON AGRICULTURAL POLICY FROM HEALTH CHECK DECISIONS
TO THE POST-2013 REFORM ............................................................................... 26
Niculescu Oana Marilena ...................................................................................... 26
SOME ASPECTS CONCERNING THE DIPLOMATIC PROTECTION
OFFERED BY THE EUROPEAN UNION FOR THE CITIZENS IN THE
PRESENT ECONOMIC SITUATION .................................................................... 31
Timofte Claudia Simona Cleopatra ....................................................................... 31
Mirişan Ligia-Valentina ......................................................................................... 31
SUB – SECTION: EU SUSTAINABLE ECONOMIC DEVELOPMENT AND
COMPETITIVENESS ......................................................................................................... 38
LOCAL ACTION GROUPS - THE EUROPEAN INTEGRATION CATALYST
FOR THE ROMANIAN RURAL AREA ................................................................. 40
Ailenei Dorel .......................................................................................................... 40
Mosora Liviu-Cosmin............................................................................................. 40
EUROPE AND ITS GREEN FUTURE. ELECTRIFICATION AND
DECARBONIZATION .............................................................................................. 47
Benea Ciprian-Beniamin ........................................................................................ 47
Baciu Adrian .......................................................................................................... 47
ROMANIA’S ANSWER TO THE NEW DIRECTIONS OF THE REGIONAL
DEVELOPMENT POLICY OF EUROPEAN UNION .......................................... 53
Berinde Mihai ........................................................................................................ 53
Chirilă Lavinia Florentina ..................................................................................... 53
COMPARATIVE ANALYSIS OF THE RECENT EVOLUTIONS OF
ROMANIAN AND EUROPEAN UNION’S COMPETITIVENESS .................... 60
Felea Adrian Ioan .................................................................................................. 60
ROMANIAN INVESTMENT POOLICY ANALYSIS .......................................... 66
Hațegan D.B. Anca ................................................................................................ 66
INNOVATION VERSUS INCOME CONVERGENCE IN CENTRAL AND
EASTERN EUROPE. IS THERE A CORRELATION?* ...................................... 72
Jude Cristina .......................................................................................................... 72
Pop Silaghi Monica ................................................................................................ 72
REGULATORY BENCHMARKING ...................................................................... 80
Machek Ondrej ....................................................................................................... 80
INTEGRATION OF SEMI-SUBSISTENCE AGRICULTURAL FARMS .......... 87
Maţoschi (Cîmpan)Oana ........................................................................................ 87
Păun Georgeta ....................................................................................................... 87
Păun (Ciobanu)Mihaela Cristina .......................................................................... 87
Pruteanu Elena Mihaela ........................................................................................ 87
STUDY ON THE CAUSES OF REGIONAL ECONOMIC DISPARITIES IN
ROMANIA .................................................................................................................. 93
Talmaciu Mihai ...................................................................................................... 93
Borza Mioara ......................................................................................................... 93
THE IMPORTANCE OF IMPLEMENTING THE ICT NETWORK IN
ACHIEVING KNOWLEDGE TRANSFER IN THE RURAL AREAS ............. 100
Miron Andreea ..................................................................................................... 100
Ciobanu Laura ..................................................................................................... 100
Menda Teodora Adriana ...................................................................................... 100
Matoschi (Cîmpan) Oana ..................................................................................... 100
THE FINANCING OF THE ADMINISTRATIVE – TERRITORIAL UNITS IN
THE WEST DEVELOPMENT REGION THROUGH THE REGIONAL
OPERATIONAL PROGRAMME 2007 - 2013 ..................................................... 106
Munteanu Nicolae - Eugen ................................................................................... 106
THE DANGER OF “PUTING ALL THE EGGS IN ONE BASKET” SOME
CONCERNS REGARDING ROMANIA’S EXTERNAL TRADE ..................... 112
Negrea Adrian ...................................................................................................... 112
THE JOURNEY TO COMPETITIVENESS: EU SPEEDING UP ON THE ROAD
PAVED WITH KNOWLEDGE AND INNOVATION ......................................... 118
Oprescu Raluca .................................................................................................... 118
E-GOVERNMENT: A DRIVING FACTOR FOR STIMULATING
INNOVATION PERFORMANCE IN ROMANIA? ............................................. 125
Preda Ana-Maria ................................................................................................. 125
Stanica Justina Lavinia ........................................................................................ 125
Crisan Daniela Alexandra ................................................................................... 125
Coculescu Cristina ............................................................................................... 125
EVALUATING THE EFFICIENCY OF LOCAL ECONOMIC DEVELOPMENT
POLICIES ................................................................................................................. 131
Săutiuţ Lavinia Sidonia ........................................................................................ 131
Sărac Ionuţ Pavel ................................................................................................. 131
SPATIAL MODELING IN LOGISTICS DECISION-MAKING PROCESSES.
IDENTIFYING THE OPTIMAL LOCATION FOR A SINGLE CENTRAL
WAREHOUSE ......................................................................................................... 137
Ţarţavulea Ramona Iulia ..................................................................................... 137
Belu Mihaela Gabriela ......................................................................................... 137
Dieaconescu Vlad Constantin .............................................................................. 137
SUB-SECTION: THE IMPACT OF FOREIGN LANGUAGES ON THE BUSINESS
ENVIRONMENT ............................................................................................................... 144
BUSINESS BUZZWORDS: RIGHTSIZING, DOWNSIZING, RE-
ENGINEERING, DE-LAYERING ......................................................................... 146
Pop Anamaria Mirabela ...................................................................................... 146
VOICE PROBLEMS IN TRANSLATIONS OF ROMANIAN AND ENGLISH
ECONOMIC TEXTS ............................................................................................... 153
Sim Monica Ariana .............................................................................................. 153
SECTION: ECONOMICS AND BUSINESS ADMINISTRATION ............................. 160
SUB-SECTION: ECONOMICS ........................................................................................ 160
A NEW PARADIGM FOR THE RATING MARKET – A GEOPOLITICAL
PERSPECTIVE ON RATING ................................................................................ 162
Birau Cristian Radu ............................................................................................. 162
Stoia Alexandru Cosmin ....................................................................................... 162
AMERICAN AND ITALIAN PERSPECTIVES ON PUBLIC AND PRIVATE
EDUCATION CHOICES ........................................................................................ 167
Bucciarelli Edgardo ............................................................................................. 167
Odoardi Iacopo .................................................................................................... 167
Pagliari Carmen .................................................................................................. 167
Tateo Armando ..................................................................................................... 167
HUMAN CAPITAL AND DEVELOPMENT: SOME EVIDENCE FROM
EASTERN EUROPE ............................................................................................... 173
Carlei Vittorio ...................................................................................................... 173
Colantonio Emiliano ............................................................................................ 173
Marianacci Raffaella ........................................................................................... 173
Mattoscio Nicola .................................................................................................. 173
THE INTEGRATION OF YOUNG ECONOMISTS ON THE LABOUR
MARKET. THE PROFESSION OPTION – A DECISION FOR CAREER AND
FOR A LIFESTYLE ................................................................................................ 179
Dodescu Anca ...................................................................................................... 179
Pop Cohuț Ioana .................................................................................................. 179
Borza Adriana ...................................................................................................... 179
ANALYSIS OF ECONOMIC GAPS BETWEEN URBAN AND RURAL
ROMANIAN AREAS .............................................................................................. 186
Gîdiu Valeria ........................................................................................................ 186
Toader Valentin .................................................................................................... 186
THE FINANCIAL PERFORMANCE OF EUROPEAN COMPANIES: A
COMPARATIVE APPROACH .............................................................................. 193
Gruian Claudiu-Marian ....................................................................................... 193
A POSSIBLE MODEL FOR ANALYSING THE PRACTICAL NEEDS OF
STUDENTS IN ECONOMICS-PRACTEAM MODEL ....................................... 201
Hatos Roxana ....................................................................................................... 201
THE RELATIONSHIP BETWEEN MACROECONOMIC VARIABLES AND
ROMANIAN CORPORATE DEFAULT RATES BETWEEN 2002-2008 ......... 206
Kovács Ildikó ........................................................................................................ 206
Karsai Zoltán-Krisztián ....................................................................................... 206
Süveg Orsolya ...................................................................................................... 206
Joiţa Nicoleta ....................................................................................................... 206
KEY ASPECTS OF ANALYSIS ON THE IMPACT OF RECENT
DEVELOPMENTS IN HEALTH SERVICES IN THE WESTERN REGION OF
ROMANIA ................................................................................................................ 214
Pitorac Ruxandra ................................................................................................. 214
Toth Maria ........................................................................................................... 214
Jivan Alexandru ................................................................................................... 214
DETERMINANTS OF COMMUNITY PARTICIPATION IN ORADEA ........ 221
Săveanu Tomina ................................................................................................... 221
AUTHORITARIANISM AND DEMOCRACY IN THE RATING EQUATION228
Stoia Alexandru Cosmin ....................................................................................... 228
Birau Cristian Radu ............................................................................................. 228
TRENDS OF EMPLOYMENT IN INFORMAL SECTOR IN ROMANIA
DURING CRISIS;ECONOMIC AND SOCIAL EFFECTS ................................ 234
Vasile Valentina ................................................................................................... 234
Pisică Silvia .......................................................................................................... 234
SUB-SECTION: BUSINESS ADMINISTRATION ........................................................ 254
COLLATERAL’S IMPORTANCE IN SMES FINANCING: WHAT IS THE
BANKS’ RESPONSE? SOME EVIDENCE FOR ROMANIA ............................ 256
Bădulescu Daniel ................................................................................................. 256
Petria Nicolae ...................................................................................................... 256
PROBLEMS AND CHANCES AT THE INTERFACE BETWEEN HOSPITAL
CARE AND GERIATRIC REHABILITATION .................................................. 261
Leuca Mirela ........................................................................................................ 261
Fastenmeier Heribert ........................................................................................... 261
WHAT FUTURE FOR TOURISM IN THE COLD REGION ENVIRONMENTS
? .................................................................................................................................. 268
Molnar Elisabeta .................................................................................................. 268
Stanciulescu Gabriela Cecilia .............................................................................. 268
OUTSOURCING STRATEGIES. HOW TO FORMALIZE AND NEGOTIATE
THE OUTSOURCING CONTRACT .................................................................... 276
Pellicelli Michela ................................................................................................. 276
Meo-Colombo Carlotta ........................................................................................ 276
DESCRIPTIVE ANALYSIS OF THE INTERNATIONAL MIGRATION
PHENOMENON IN ROMANIA BETWEEN 1991 AND 2008 ........................... 288
Petrescu Raluca Mariana .................................................................................... 288
Bâc Dorin ............................................................................................................. 288
Zgură Ion-Daniel ................................................................................................. 288
THE INTANGIBLE ASSETS INVESTMENTS CHARACTERISTICS AND THE
ACCOUNTING TREATMENT ............................................................................. 295
Sacui Violeta ........................................................................................................ 295
Predișcan Mariana .............................................................................................. 295
THE FREEDOMS OF MOVEMENT OF THE SINGLE MARKET ................. 301
Sirghi Nicoleta ..................................................................................................... 301
Haţegan Camelia-Daniela ................................................................................... 301
EUROPEAN CROSS-BORDER MERGERS AND ACQUISITIONS- REALITIES
AND PERSPECTIVES ............................................................................................ 306
Vancea Mariana ................................................................................................... 306
SUB-SECTION: ECONOMIC STATISTICS ................................................................. 314
AN INVESTIGATION OF LONGRUN RELATIONSHIP BETWEEN
ECONOMIC GROWTH, INVESTMENT AND EXPORT IN ROMANIA ....... 316
Meşter Ioana Teodora .......................................................................................... 316
Simuţ Ramona Marinela ...................................................................................... 316
SECTION: FINANCE, BANKING AND ACCOUNTING ............................................ 322
SUB-SECTION: FINANCE .............................................................................................. 322
THE “NEW ECONOMY” AND THE ENTREPRENEUR: REASSESSMENT
AND PERSPECTIVES IN THE CONTEXT OF XXI CENTURY ..................... 324
Achim Monica Violeta .......................................................................................... 324
Mara Eugenia Ramona ........................................................................................ 324
Borlea Sorin Nicolae ............................................................................................ 324
THE OPPORTUNITIES AND CHALLENGES OF MICROINSURANCE ...... 330
Benţe Corneliu ..................................................................................................... 330
USING SPLINE FUNCTIONS FOR THE SUBSTANTIATION OF TAX
POLICIES BY LOCAL AUTHORITIES .............................................................. 336
Boloş Marcel ........................................................................................................ 336
Pop Răzvan .......................................................................................................... 336
Otgon Cristian ...................................................................................................... 336
INCREASE IN THE ROLE OF THE FINANCIAL SYNTHESIS REPORTS FOR
ACCESSION OF THE EUROPEAN STRUCTURAL FUNDS .......................... 348
Chirilă Emil .......................................................................................................... 348
Droj Laurențiu ..................................................................................................... 348
THE IMPORTANCE OF THE JURIST AND ECONOMIST GHEORGHE N.
LEON IN THE EVOLUTION OF FINANCIAL SCIENCE ............................... 354
Cîrmaciu Diana .................................................................................................... 354
Popa Carmen ....................................................................................................... 354
WEATHER INDEX- THE BASIS OF WEATHER DERIVATIVES ................. 362
Ciumaş Cristina ................................................................................................... 362
Botoş Horia Mircea.............................................................................................. 362
FISCAL DECENTRALIZATION AND FISCAL AUTONOMY IN THE EU
MEMBER STATES ................................................................................................. 370
Crâşneac O.Alexandru ......................................................................................... 370
Heteş Roxana ....................................................................................................... 370
Miru Oana ............................................................................................................ 370
APPROACHES REGARDING THE TAX EVASION IN ROMANIA .............. 376
David Delia .......................................................................................................... 376
Pojar Daniela ....................................................................................................... 376
OPTIMIZING LOCAL BUDGET BALANCING IN ROMANIA ...................... 382
György Attila ........................................................................................................ 382
György Adina Cristina ......................................................................................... 382
VALUE ADDED TAX IN THE ECONOMIC CRISIS CONTEXT .................... 389
Mara Eugenia Ramona ........................................................................................ 389
Cuceu Ionut .......................................................................................................... 389
Mara Cristian ....................................................................................................... 389
THE USE OF EXPERT SYSTEMS IN AGRICULTURAL INSURANCE.
NECESSITY VS. REALITY ................................................................................... 396
Moisuc Diana-Aderina ......................................................................................... 396
Nan Anca-Petruţa ................................................................................................ 396
THE EVOLUTION OF FISCAL INDICATORS IN THE LAST YEARS IN
ROMANIA ................................................................................................................ 402
Morar Ioan – Dan ................................................................................................ 402
Sabau-Popa Claudia Diana ................................................................................. 402
Kulcsar Edina ...................................................................................................... 402
PUBLIC DEBT SUSTAINABILITY ANALYSIS: EU CASE ............................. 409
Nicolescu Cristina ................................................................................................ 409
Pirtea Marilen ...................................................................................................... 409
Boţoc Claudiu ...................................................................................................... 409
PUBLIC EXPENDITURE POLICY IN THE CONTEXT OF ECONOMIC
CRISIS - CHALLENGES AND IMPLICATIONS ............................................... 416
Oprea Florin ........................................................................................................ 416
Mihai-Bogdan Petrişor ........................................................................................ 416
VIEWS ON THE CONCEPT OF FINANCIAL POLICY AND ITS
MANIFESTATION .................................................................................................. 423
Pop Mugurel Gabriel Sorin ................................................................................. 423
SMES' SECTOR ACCESS TO FINANCE: AN OVERVIEW ............................ 431
Roman Angela ...................................................................................................... 431
LABOUR TAXATION IN THE EUROPEAN UNION ........................................ 438
Sabău-Popa Claudia Diana ................................................................................. 438
Kulcsar Edina ...................................................................................................... 438
Sabău-Popa Liviu Mihai ...................................................................................... 438
THE FLAT TAX – A COMPARATIVE STUDY OF THE EXISTING MODELS
.................................................................................................................................... 446
Tulai Ioan Constantin .......................................................................................... 446
Schiau (Macavei) Laura - Liana .......................................................................... 446
SUB-SECTION: BANKING .............................................................................................. 453