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The Impact Of Macroeconomic Conditions On Smes Performance In Terms Of Employment

Author

Listed:
  • RUSU Valentina Diana

    ("Alexandru Ioan Cuza" University of Iasi, Romania)

  • ROMAN Angela

    ("Alexandru Ioan Cuza" University of Iasi, Romania)

Abstract

Improving SME's performance is a major concern because they are a significant source for creating value added, employment, innovation and economic growth. Through this paper we analyse the evolution of the SMEs performance in terms of employment in the last years, and we try to determine which of the macroeconomic performance indicators are influencing the growth of SME's employment in seven CEE countries. To achieve the objectives we use correlation and multiple linear regression models on panel data. The results show that GDP, total private final consumption, gross capital formation and wages have a strong influence on SMEs employment.

Suggested Citation

  • RUSU Valentina Diana & ROMAN Angela, 2016. "The Impact Of Macroeconomic Conditions On Smes Performance In Terms Of Employment," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(3), pages 142-159, December.
    • Handle: RePEc:blg:reveco:v:68:y:2016:i:3:p:142-159
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    References listed on IDEAS

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    6. F. Voulgaris & G. Agiomirgianakis & T. Papadogonas, 2015. "Job creation and job destruction in economic crisis at firm level: the case of Greek manufacturing sectors," International Economics and Economic Policy, Springer, vol. 12(1), pages 21-39, March.
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    Cited by:

    1. Md. Qamruzzaman & Rajnish Kler, 2023. "Do Clean Energy and Financial Innovation Induce SME Performance? Clarifying the Nexus between Financial Innovation, Technological Innovation, Clean Energy, Environmental Degradation, and SMEs Performa," International Journal of Energy Economics and Policy, Econjournals, vol. 13(3), pages 313-324, May.
    2. Afred Suci & Sri Maryanti & Hardi Hardi & Nining Sudiar, 2022. "Embedding Design Thinking Paradigm in a University’s Business Assistance to Small Business," Systemic Practice and Action Research, Springer, vol. 35(2), pages 177-201, April.
    3. Teodora Roman & Nicu Marcu & Valentina Diana Rusu & Erika Maria Doacă & Adelina Andreea Siriteanu, 2023. "Tax Payment and the Performance of SMEs: A Longitudinal Analysis on EU Countries," Sustainability, MDPI, vol. 15(2), pages 1-15, January.

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    More about this item

    Keywords

    Small and medium enterprises; performance; employment; CEE; crisis;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • G01 - Financial Economics - - General - - - Financial Crises
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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