2021
WHAT MACROECONOMIC INDICATORS AFFECT PERFORMANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES?
KRKOŠKOVÁ, RadmilaZákladní 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.