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Impact of Small and Medium-Sized Enterprises (SMEs) on the Sustainable Development in Yemen during the Period from 2000 to 2018: An Empirical Study

Author

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  • Shagea Ghaleb

    (Faculty Administrative Sciences, Department of Economics, Taiz University, Taiz, Yemen; Institute of Social Sciences, Department of Economics, Sakarya University,Sakarya, Turkiye)

  • Ekrem Gül

    (Faculty of Political Sciences, Department of Economics, Sakarya University,Sakarya, Turkiye)

Abstract

This study aims to identify the impact of small and mediumsized enterprises on Yemen’s sustainable development, and the role these enterprises play at the levels of the industrial sector and the economy as a whole. This is done through descriptive and statistical analysis of collected data for exhibiting the progression of the most significant indicators of sustainable development in Yemen in all its aspects, economic, social, environmental, and institutional, and the progression of small and medium-sized enterprises, their role and contribution to employment, production, and the value-added. The study follows the partial least squares structural equation modeling (PLS-SEM) for analyzing the data of the selected variables during the period from 2000 to 2018 using the statistical program SmartPLS3. The study findings show that, though indicators of sustainable development were low, the small and medium sized enterprises had a favorable effect on Yemen’s sustainable development during the period selected for this study.

Suggested Citation

  • Shagea Ghaleb & Ekrem Gül, 2022. "Impact of Small and Medium-Sized Enterprises (SMEs) on the Sustainable Development in Yemen during the Period from 2000 to 2018: An Empirical Study," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 72(72-1), pages 55-80, June.
    • Handle: RePEc:ist:journl:v:72:y:2022:i:1:p:55-80
    DOI: 10.26650/ISTJECON2021-1004194
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    References listed on IDEAS

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    1. Sharafat ALI & Humayun RASHID & Muhammad Aamir KHAN, 2014. "The role of small and medium enterprises and poverty in Pakistan: An empirical analysis," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(593)), pages 67-80, April.
    2. repec:agr:journl:v:4(593):y:2014:i:4(593):p:67-80 is not listed on IDEAS
    3. A. Markandya, 1998. "The conditions for achieving environmentally sustainable development," Chapters, in: The Economics of Environment and Development, chapter 3, pages 43-53, Edward Elgar Publishing.
    4. Hallberg, K., 2000. "A Market-Oriented Strategy for Small and Medium Scale Enterprises," Papers 40, World Bank - International Finance Corporation.
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