EconPapers    
Economics at your fingertips  
 

Regional interplay of factors informing SMES’ density in Romania. A panel data analysis

Elena Druică (), Zizi Goschin () and Ana-Maria Grigore ()
Additional contact information
Elena Druică: University of Bucharest, Romania
Ana-Maria Grigore: University of Bucharest, Romania

Eastern Journal of European Studies, 2017, vol. 8(1), 79-95

Abstract: The aim of this paper is to provide an understanding of several factors associated with the SMEs’ density distribution across Romania, and to discuss how some of the variables acknowledged in the international literature as determinants in SMEs’ dynamic are related to SMEs’ density in this case. We fitted four static panel models, one for each category of SMEs, and found a positive impact of both GDP per capita and FDI per capita on the SMEs’ density in each category, which may confirm our initial assumption that SMEs’ density can act as a signal for business opportunity. The density of employees in the research – development sector did not account for any significant contribution, while the percent of people in the 25 – 34 age group is statistically significant but holds an opposite sign to what was expected. Last, but not least, the crisis had an unexpected impact on our dependent variables.

Keywords: panel data econometrics; fixed effects models; SMEs density; regional inequality (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://ejes.uaic.ro/articles/EJES2017_0801_DRU.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jes:journl:y:2017:v:8:p:79-95

Access Statistics for this article

More articles in Eastern Journal of European Studies from Centre for European Studies, Alexandru Ioan Cuza University Contact information at EDIRC.
Series data maintained by Alupului Ciprian ().

 
Page updated 2017-09-29
Handle: RePEc:jes:journl:y:2017:v:8:p:79-95