Newly Created Enterprises’ Effect on the Gross Domestic Product
AbstractIn 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.
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Bibliographic InfoArticle provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT.
Volume (Year): 13 (2012)
Issue (Month): 4 (October)
entrepreneurship; newly created enterprises; DOSME (Demography of Small and Medium Enterprise).;
Find related papers by JEL classification:
- C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
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