Newly Created Enterprises’ Effect on the Gross Domestic Product

Irina Dragan () and Alexandru Isaic-Maniu ()

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2012, vol. 13, issue 4, 511-521

Abstract: In Romania approximately two thirds of the national production is generated by the private sector of the economy, which is still relatively a low value compared to the weight registered in the developed countries. The economic crisis has also affected the private enterprise sector. Some major features: the decrease of the new enterprise foundation ratio, the growth of business liquidation ratio. This process was rather asynchronous compared with that of the developed European Union countries. Based on some data sets, this article operates an econometric modeling of the newly created enterprises’ impact on the dynamic of national production, as measured by GDP.

Keywords: entrepreneurship; newly created enterprises; DOSME (Demography of Small and Medium Enterprise). (search for similar items in EconPapers)
JEL-codes: C20 L26 M13 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:13:y:2012:i:4:p:511-521

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