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...

Full description

Bibliographic Details
Main Authors: Elena DRUICĂ, Zizi GOSCHIN, Ana-Maria GRIGORE
Format: Article
Language:English
Published: Alexandru Ioan Cuza University of Iasi 2017-06-01
Series:Eastern Journal of European Studies
Subjects:
Online Access:http://ejes.uaic.ro/articles/EJES2017_0801_DRU.pdf
_version_ 1818954865798283264
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