Newly Created Enterprises’ Effect on the Gross Domestic Product
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.
Volume (Year): 13 (2012)
Issue (Month): 4 (October)
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- Irina M. DRAGAN & Alexandru ISAIC - MANIU, 2009. "Some Characteristics of the New Enterprises and the Profile of New Entrepreneurs," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(4), pages 681-690, October.
- Bera, Anil K. & Jarque, Carlos M., 1981. "Efficient tests for normality, homoscedasticity and serial independence of regression residuals : Monte Carlo Evidence," Economics Letters, Elsevier, vol. 7(4), pages 313-318.
- Breusch, T S & Pagan, A R, 1979. "A Simple Test for Heteroscedasticity and Random Coefficient Variation," Econometrica, Econometric Society, vol. 47(5), pages 1287-1294, September.
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