D 2021

WHAT MACROECONOMIC INDICATORS AFFECT PERFORMANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES?

KRKOŠKOVÁ, Radmila

Základní údaje

Originální název

WHAT MACROECONOMIC INDICATORS AFFECT PERFORMANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES?

Autoři

KRKOŠKOVÁ, Radmila (203 Česká republika, garant, domácí)

Vydání

Karviná, 3rd International conference on Decision making for Small and Medium-Sized Enterprises. Conference Proceedings, od s. 301-309, 9 s. 2021

Nakladatel

Silesian University in Opava, School of Business Administration in Karviná

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50202 Applied Economics, Econometrics

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Kód RIV

RIV/47813059:19520/21:A0000219

Organizační jednotka

Obchodně podnikatelská fakulta v Karviné

ISBN

978-80-7510-456-4

Klíčová slova anglicky

Fisher-ADF test; Granger causality test; panel cointegration analysis; SME; V4
Změněno: 13. 9. 2021 15:31, Mgr. Radmila Krkošková, Ph.D.

Anotace

V originále

This article deals with how certain economic, social, demographic, and political factors influence the short- and long-term performance of small and medium enterprises (SMEs). Eight variables were chosen, from which we expect a specific influence in both the short- and long-run. SMEs' performance is defined by using the value-added (VA) by SMEs, as a percent of the total VA by enterprises. The VA at factor costs for SMEs was firstly reported by the European Commission in 2008. The article analyzes the countries of the Visegrad Four during the period from 2008 to 2019. The article uses the tools of time series econometrics, especially the panel cointegration analysis, and the Granger causality test. The long-term relationships were confirmed between the SME's performance and the corruption index, the gross domestic product, the life expectancy, and the unemployment rate. The short-term relationships were confirmed between the SME's performance and the gross domestic product and the life expectancy. EViews software version 11 has been used for the calculations.