Nicu Marcu

Dr. Nicu Marcu

Head of Doctoral School of Economics II, Bucharest Academy of Economic Studies, Piata Romana Square, no.6, 1st District, Bucharest, Romania

Research Focus & Metrics

Academic Career Length

12Years (2015-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

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4 January 2023 in Sustainability
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TRTeodora Roman
Teodora Roman
NNicu Marcu
Nicu Marcu
Valentina Diana RusuValentina Diana Rusu
Valentina Diana Rusu
EDErika Maria Doacă
Erika Maria Doacă
Adelina Andreea SiriteanuAdelina Andreea Siriteanu
Adelina Andreea Siriteanu
Small and medium enterprises (SMEs) are considered the engine of any economy and actively contribute to the economic growth of countries. For this reason, there are concerns regarding the identification of the factors that influence the activity of SMEs and, in particular, how they manage to adapt and obtain better performance in a constantly changing economic environment. The tax burden is high and discouraging for many enterprises, so we aimed to analyse the relationship between the taxes imposed on SMEs and their performance. Thus, the main purpose of our study was to analyse the relationship between the taxes paid by SMEs and their performance. The period of analysis consisted of the 14 years between 2008 and 2021. The analysed sample comprised the 27 member countries of the European Union. To test the relationship, we used panel data methods, and we considered two indicators that measure the performance of SMEs as dependent variables and indicators that measure the taxes paid by businesses as independent variables. For a more in-depth analysis, we used clusters of countries. The main results show that the taxes that SMEs have to pay are seen as obstacles in the way of improving performance. Moreover, the relationship between taxes and the performance of SMEs depends on the specifics of the economy of the country.

25 September 2018 in Sustainability
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Alin Marius AndriesAlin Marius Andries
Alin Marius Andries
NNicu Marcu
Nicu Marcu
Florin OpreaFlorin Oprea
Florin Oprea
MTMihaela Tofan
Mihaela Tofan
In this article we assess credit rationing across European countries by analyzing the impact of banking competition on the access to finance of firms. The importance of the financial sector in promoting the sustainable economy is recognized by the European Union, that has taken the lead in efforts to build a financial system that supports sustainable growth. However, it should be acknowledged that in highly competitive business environments, it is not easy to challenge the existing paradigms, since companies need to be profitable in addition to improving their environmental performance. Using data from European firms Survey on the Access to Finance of small- and medium-sized enterprises (SMEs), our results, using Probit regression, support the Market Power Hypothesis, outlining that more concentrated banking markets are characterized by higher levels of credit rationing. Also, our results reveal that small firms are more credit rationed compared to large firms. The analysis shows that financial constraints are stronger in the countries more affected by the financial crisis.

2 December 2018 in Sustainability
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NNicu Marcu
Nicu Marcu
MSMarian Siminica
Marian Siminica
Gratiela Georgiana NojaGratiela Georgiana Noja
Gratiela Georgiana Noja
Simona CristeaSimona Cristea
Simona Cristea
CDCarmen Dobrota
Carmen Dobrota
This study is set out to identify feasible ways for immigrants’ integration into the major ten host countries within the European Union (EU-10) and increased labor market performance. Eurostat, OECD, and United Nations High Commissioner for Refugees (UNHCR) official data was mainly used to capture essential international migration indicators (for both dimensions—economic and humanitarian), along with education, socio-economic development and labor market credentials, as key variables for immigrants’ integration into EU-10, compiled for 2000–2017. In this respect, spatial analyses, bootstrap estimations, structural equations (SEM), and Gaussian graphical models (GGM) are applied, to better grasp migrants’ labor market outcomes. Significant positive consequences reflected through a reduction in the unemployment rate of the foreign population are generated by active labor market policies, jointly with an enhancement in the attainment for secondary education, and welfare advances. The opposite, a rise in income inequalities has negative effects, while additional support for R&D activities deployed within the business sector is required to entail migrants’ labor market performance. The passive policies need to be redesigned and tailored to significantly downsize the foreign unemployment, since these are currently acting like a disincentive for an active participation of migrants on the European labor market, thus confining their integration.

27 March 2020 in Forests
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NNicu Marcu
Nicu Marcu
Marius BUDEANUMarius BUDEANU
Marius BUDEANU
EAEcaterina Nicoleta Apostol
Ecaterina Nicoleta Apostol
RRRaul Radu
Raul Radu
The research objective was to demonstrate the economic impact of using, in afforestation, forest reproductive materials (FRMs) obtained from seed trees selected in the most valuable Norway spruce populations of the FGRs’ (forest genetic resources’) category. The values obtained for the main growth traits (diameter at breast height (Dbh), tree height (Th), and tree volume (Tv)), both in the FGR and in the closest population (with the same age and growth in similar environmental conditions), were compared. Three comparative trials were analyzed, each belonging to different breeding levels: Open-pollinated (Breţcu, 40 years old), half-sib (Măneciu, 25 years), and full-sib (Comandău, 23 years). The difference in volume/hectare between the FGR and an unimproved neighbor population was economically quantified (€), based on the average price per cubic meter (m3) of spruce wood in Romania; the profit at the end of the rotation period (110 years) was projected taking into account the genetic gain that will result from the use of FRM collected from the FGRs. The average FGR growth results were superior to the unimproved neighbor populations, with 8%–13%, 14%–25%, and 26%–79% for Dbh, Th, and volume/ha, respectively, and the differences increased if the best 10% seed trees of the trials were used. For Th, a five times higher family mean heritability was registered for the pendula trees (compared to pyramidalis) in the half-sib trial, while in the full-sib experiment, the pendula trees (both full and half pendula) again registered higher heritability, but for Dbh, which recommends the pendula selection for different traits in the two trials. These results have led to a rate of profitability between 540 and 3366 €/ha, a value that is predicted to increase until the end of the rotation period, when the genetic gain could generate a profit of 7560 €/ha.

9 April 2015 in Notulae Botanicae Horti Agrobotanici Cluj-Napoca
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NNicu Marcu
Nicu Marcu
GMGeorgeta-Madalina Meghisan-Toma
Georgeta-Madalina Meghisan-Toma
IJIonel Mugurel Jitea
Ionel Mugurel Jitea
Fruits and vegetables sectors are considered to be strategic in the European Union due to their contribution to a better human health. Among others positive effects, their intake increase reduce mortality and obesity, assuring in the same time harmonised development for young children. The present study thus focused to reveal the consistency of the measure implemented in the Common Agricultural Policy to support fruits and vegetables production in Romania in liaison with the policy objectives. The country is one of the main ten important European producers of horticultural products in terms of production volumes and acreage. Results showed that over the last seven years (2007-2014), the sectorial production drawbacks have not been ameliorated very much. Both sectors are dominated by small-size farms that can produce only seasonally and mainly for short-market chains. In the same time, the greenhouses area shrink to levels that made the country extremely dependent to imports especially for tomatoes. The analysis of the pillar one payments schemes revealed that the fruits and vegetables producers could have access to only one payment that was half from European averages. Moreover, almost half of the producers had low sizes that left them outside the eligible criteria. The measures designed for the second pillar also penalized producers through the selection criteria. These results showed that for Romania there was not a real consistency between the actual policy measures and the objectives assumed by policy makers. The future measures (2014-2020) seem to correct these negative findings being better tailored to the situation of the local fruits and vegetables producers.