Regional interplay of factors informing SMES’ density in Romania. A panel data analysis
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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
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Alexandru Ioan Cuza University of Iasi
2017-06-01
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Series: | Eastern Journal of European Studies |
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Online Access: | http://ejes.uaic.ro/articles/EJES2017_0801_DRU.pdf |
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author | Elena DRUICĂ Zizi GOSCHIN Ana-Maria GRIGORE |
author_facet | Elena DRUICĂ Zizi GOSCHIN Ana-Maria GRIGORE |
author_sort | Elena DRUICĂ |
collection | DOAJ |
description | 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. |
first_indexed | 2024-12-20T10:28:58Z |
format | Article |
id | doaj.art-8f1d7aafa38c4ae09bce8d2de7a720b4 |
institution | Directory Open Access Journal |
issn | 2068-651X 2068-6633 |
language | English |
last_indexed | 2024-12-20T10:28:58Z |
publishDate | 2017-06-01 |
publisher | Alexandru Ioan Cuza University of Iasi |
record_format | Article |
series | Eastern Journal of European Studies |
spelling | doaj.art-8f1d7aafa38c4ae09bce8d2de7a720b42022-12-21T19:43:45ZengAlexandru Ioan Cuza University of IasiEastern Journal of European Studies2068-651X2068-66332017-06-01817995Regional interplay of factors informing SMES’ density in Romania. A panel data analysisElena DRUICĂ0Zizi GOSCHIN1Ana-Maria GRIGORE2University of Bucharest, RomaniaBucharest University of Economic Studies, RomaniaUniversity of Bucharest, RomaniaThe 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.http://ejes.uaic.ro/articles/EJES2017_0801_DRU.pdfpanel data econometricsfixed effects modelsSMEs densityregional inequality |
spellingShingle | Elena DRUICĂ Zizi GOSCHIN Ana-Maria GRIGORE Regional interplay of factors informing SMES’ density in Romania. A panel data analysis Eastern Journal of European Studies panel data econometrics fixed effects models SMEs density regional inequality |
title | Regional interplay of factors informing SMES’ density in Romania. A panel data analysis |
title_full | Regional interplay of factors informing SMES’ density in Romania. A panel data analysis |
title_fullStr | Regional interplay of factors informing SMES’ density in Romania. A panel data analysis |
title_full_unstemmed | Regional interplay of factors informing SMES’ density in Romania. A panel data analysis |
title_short | Regional interplay of factors informing SMES’ density in Romania. A panel data analysis |
title_sort | regional interplay of factors informing smes density in romania a panel data analysis |
topic | panel data econometrics fixed effects models SMEs density regional inequality |
url | http://ejes.uaic.ro/articles/EJES2017_0801_DRU.pdf |
work_keys_str_mv | AT elenadruica regionalinterplayoffactorsinformingsmesdensityinromaniaapaneldataanalysis AT zizigoschin regionalinterplayoffactorsinformingsmesdensityinromaniaapaneldataanalysis AT anamariagrigore regionalinterplayoffactorsinformingsmesdensityinromaniaapaneldataanalysis |