Mihaela Tofan

Dr. Mihaela Tofan

Finance, Money and Public Administration, Alexandru Ioan Cuza University, Iaşi, Romania
orcid

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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18 April 2025 in Administrative Sciences
Verified
Journal Article
Open access
PDF file
Anca Florentina VatamanuAnca Florentina Vatamanu
Anca Florentina Vatamanu
MTMihaela Tofan
Mihaela Tofan
This study explores the application of artificial intelligence (AI) in public administration, examining its potential to enhance efficiency, sustainability, and resilience in government actions. The research develops a theoretical framework to assess the relationship among AI integration, governance improvements, and economic benefits, as measured by key components of the Digital Economy and Society Index (DESI). Utilizing factor analysis and ordinary-least-squares (OLS) regression, this study provides empirical insights into how AI-driven applications contribute to public service delivery and economic growth. The findings highlight that AI has the potential to improve governance significantly. Still, the transition to AI-enhanced public administration is accompanied by challenges such as algorithmic bias, cybersecurity risks, workforce adaptation, and ethical issues. This study emphasizes the need for robust governance structures, comprehensive security measures, and active public involvement to address these challenges. By proposing a clear framework for managing AI integration, this research contributes to the literature on digital transformation in the public sector and offers actionable insights for policymakers and practitioners. Future research should examine AI’s broader applications across diverse public sector contexts, ensuring that governance remains aligned with democratic values, public trust, and long-term sustainability.

13 February 2018 in Emerging Markets Finance and Trade
Verified
Journal Article
Closed access
LDLupu Dan
Lupu Dan
MPMihai Bogdan Petrisor
Mihai Bogdan Petrisor
ABAna Bercu
Ana Bercu
MTMihaela Tofan
Mihaela Tofan
This study tests the importance of various categories of public expenditure, the functional structure, and growth in the gross domestic product (GDP), using an autoregressive-distributed lag (ARDL) model. We document and study the correlation between real GDP growth and 10 different categories of public expenditure, according to their functional classification, using quarterly data for the period 1995–2015, for 10 selected Central and Eastern European countries that joined the European Union. The results of our study, like most recent literature, show that expenditures on education and health care have a positive impact on the economy, while expenditures on defense, economic affairs, general public services, and social welfare have a negative impact.

10 February 2022 in Laws
Verified
Journal Article
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MTMihaela Tofan
Mihaela Tofan
Ionel BostanIonel Bostan
Ionel Bostan
E-commerce has progressed within Europe before, on the basis of the pre-pandemic raise, with COVID-19 determining an explosion of its evolution. The European e-commerce market is very important, linking together more than 500 million consumers. This paper presents the results of assessing the guidelines and trends observed in the European regulatory process in the current period, when e-commerce is developing appreciably, studying the applicable legal norms and their effects on facilitating the control of remote payments. Compliance with the VAT (value-added tax) regime is addressed in the context described by the two important categories of active legal rules: the rules for consumer protection and the rules related to ensuring data protection. The investigation of the legal framework in this regard started from the presupposition that the necessary changes in regulation for facilitating e-commerce are capable to determine indirect changes in many aspects of financial rules and taxation. While analyzing the regulation of online trade, the various measures undertaken recently in respect to European sources of law and their implications for national legal framework opened additional directions of investigation. This paper points out the indirect effect of e-commerce development on the regulatory framework, both in the area of consumer protection and in line with the difficult balance between the right to information and protection of data. The fiscal effects of e-commerce payments and the challenges for the value-added tax regime are also addressed, both from a theoretical point of view and with input from the Court of Justice of the European Union’s jurisprudence. The analyzed documents show that, in this respect, the legal reform will go deeper and will continue with the rhythm of the development of the online activities.

25 September 2018 in Sustainability
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Journal Article
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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.

21 July 2020 in Risks
Verified
Journal Article
Open access
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MTMihaela Tofan
Mihaela Tofan
Mihaela OnofreiMihaela Onofrei
Mihaela Onofrei
VFVATAMANU ANCA FLORENTINA
VATAMANU ANCA FLORENTINA
This paper aims at studying the legal aspects of the European Union (EU)’s fiscal policy, analyzing the statute of fiscal responsibility legal framework, the different measures undertaken in the last years with respect to European trends in fiscal governance and their implications for challenges in public finance sustainability. The research started from the presupposition that there is a lack of mechanisms capable of enforcing the area of public finance sustainability, and the implication of the events that created the economic conjuncture of recent years reveals that the solidity of public finances has reached an impasse and needs to be enhanced. The analyzed documents from the area of fiscal responsibility show formal respect for the legislative framework aimed at consolidating public finance sustainability and accentuate the need to use fiscal laws, independent institutions and mechanisms that put constraints on policymakers and determine them to spend more efficiently, invest more wisely, and obtain better results regarding public finance sustainability. We conclude that future policymaking processes need to consider the consolidation of independent fiscal institutions founded by Fiscal Responsibility Law framework, completed by fiscal rules and, therefore, need to redesign the fiscal risk management process.

1 January 2015 in Procedia Economics and Finance
Verified
Journal Article
Open access
ABAna-Maria Bercu
Ana-Maria Bercu
MTMihaela Tofan
Mihaela Tofan
Elena Rusu CiguElena Rusu Cigu
Elena Rusu Cigu
The Romanian legal framework for local developments is in an effervescent process of renewal permanently, as a result of ending the communist period and changing the general prospective towards the European Union, based on market economy at the local level. The steps of local development must be sustain by a stabile institutional framework in accordance of demands at European level.Our paper is organized in five parts, where the first part is an analyze of the concept of local development, followed by the actors involved in the process. The third part discuss about legal framework at national and international levels on local development. The fourth part is taking into consideration the financial problems of local authorities and the barriers to be passed in order to obtain the sustainable local development. The research paper is ending with conclusions. So, the paper presents a theoretical approach on local development, pointing out the progress that has been done and also the aspects that still need to be improved at the local level
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