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

D 2021

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

KRKOŠKOVÁ, Radmila

Basic information

Original name

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

Authors

KRKOŠKOVÁ, Radmila (203 Czech Republic, guarantor, belonging to the institution)

Edition

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

Publisher

Silesian University in Opava, School of Business Administration in Karviná

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50202 Applied Economics, Econometrics

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

printed version "print"

References:

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

RIV identification code

RIV/47813059:19520/21:A0000219

Organization unit

School of Business Administration in Karvina

ISBN

978-80-7510-456-4

Keywords in English

Fisher-ADF test; Granger causality test; panel cointegration analysis; SME; V4

Změněno: 13/9/2021 15:31, Mgr. Radmila Krkošková, Ph.D.

Abstract

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.

Citovat

KRKOŠKOVÁ, Radmila. WHAT MACROECONOMIC INDICATORS AFFECT PERFORMANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES? In Jarmila ŠEBESTOVÁ, Roman ŠPERKA, Petr SUCHÁNEK, Šárka ČEMERKOVÁ, Žaneta RYLKOVÁ, Kateřina MATUŠÍNSKÁ, Radka BAUEROVÁ, Jiří MAZUREK and Radim DOLÁK. 3rd International conference on Decision making for Small and Medium-Sized Enterprises. Conference Proceedings. Karviná: Silesian University in Opava, School of Business Administration in Karviná, 2021, p. 301-309. ISBN 978-80-7510-456-4.

@inproceedings{52163,
   author = {Krkošková, Radmila},
   address = {Karviná},
   booktitle = {3rd International conference on Decision making for Small and Medium-Sized Enterprises. Conference Proceedings},
   editor = {Jarmila ŠEBESTOVÁ, Roman ŠPERKA, Petr SUCHÁNEK, Šárka ČEMERKOVÁ, Žaneta RYLKOVÁ, Kateřina MATUŠÍNSKÁ, Radka BAUEROVÁ, Jiří MAZUREK and Radim DOLÁK},
   keywords = {Fisher-ADF test; Granger causality test; panel cointegration analysis; SME; V4},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Karviná},
   isbn = {978-80-7510-456-4},
   pages = {301-309},
   publisher = {Silesian University in Opava, School of Business Administration in Karviná},
   title = {WHAT MACROECONOMIC INDICATORS AFFECT PERFORMANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES?},
   url = {https://demsme.opf.slu.cz/conference-proceedings},
   year = {2021}
}

TY  - JOUR
ID  - 52163
AU  - Krkošková, Radmila
PY  - 2021
TI  - WHAT MACROECONOMIC INDICATORS AFFECT PERFORMANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES?
PB  - Silesian University in Opava, School of Business Administration in Karviná
CY  - Karviná
SN  - 9788075104564
KW  - Fisher-ADF test
KW  - Granger causality test
KW  - panel cointegration analysis
KW  - SME
KW  - V4
UR  - https://demsme.opf.slu.cz/conference-proceedings
N2  - 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.
ER  -

KRKOŠKOVÁ, Radmila. WHAT MACROECONOMIC INDICATORS AFFECT PERFORMANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES? In Jarmila ŠEBESTOVÁ, Roman ŠPERKA, Petr SUCHÁNEK, Šárka ČEMERKOVÁ, Žaneta RYLKOVÁ, Kateřina MATUŠÍNSKÁ, Radka BAUEROVÁ, Jiří MAZUREK and Radim DOLÁK. \textit{3rd International conference on Decision making for Small and Medium-Sized Enterprises. Conference Proceedings}. Karviná: Silesian University in Opava, School of Business Administration in Karviná, 2021, p.~301-309. ISBN~978-80-7510-456-4.

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