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Small and medium-sized enterprises in 2016–2017

Author

Listed:
  • Barinova Vera

    (Gaidar Institute for Economic Policy)

  • Zemtsov Tsepan

    (Gaidar Institute for Economic Policy)

  • Tsareva Yulia

    (Gaidar Institute for Economic Policy)

Abstract

Over the period 2016–2017, a number of specialized normative legal acts were introduced with the aim of developing the small and medium-sized business sector (SMB), including the SMB Development Strategy until 2030;[1] the SMB Corporation was set up;[2] and the creation of a basic support infrastructure was completed in many regions. The Single Register of SMB Subjects was introduced in order to follow the monthly movement of their basic indices. In 2017, 77.9 percent of all organizations and individual entrepreneurs (IEs) belonged to the category of SMB subjects, while at year-end 2016, the share of SMB subjects in the national average employment rate (calculated on the basis of their average staffing number index) amounted to 37.9 percent, and in the total turnover of enterprises and organizations – to 37.1 percent. The input of SMBs, IEs including, in GDP over the period from 2011 through 2016 jumped by 0.5 percentage points, and now amounts to approximately 20 percent.

Suggested Citation

  • Barinova Vera & Zemtsov Tsepan & Tsareva Yulia, 2018. "Small and medium-sized enterprises in 2016–2017," Published Papers ppaper-2018-312, Gaidar Institute for Economic Policy, revised 2018.
    • Handle: RePEc:gai:ppaper:ppaper-2018-312
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2018-312.pdf
    File Function: Revised version, 2018
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    Citations

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    Cited by:

    1. Barinova Vera & Demidova Kseniya & Zemtsov Stepan & Tsareva Yulia, 2021. "Оценки Влияния Кризиса На Развитие Малого И Среднего Бизнеса По Итогам 2020 Г.: Сбылись Ли Прогнозы Начала Года?," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 7, pages 36-48, July.
    2. Zemtsov, S., 2020. "Institutions, entrepreneurship, and regional development in Russia," Journal of the New Economic Association, New Economic Association, vol. 46(2), pages 168-180.
    3. S. P. Zemtsov & V. L. Baburin, 2020. "COVID-19: Spatial Dynamics and Diffusion Factors across Russian Regions," Regional Research of Russia, Springer, vol. 10(3), pages 273-290, July.
    4. Barinova Vera & Demidova Kseniya & Zemtsov Stepan & Tsareva Yulia, 2021. "Assessments of the Impact of the Crisis on the Development of Small and Medium-Sized Businesses by the End of 2020: Have the Forecasts of the Beginning of the Year Come True? [Оценки Влияния Кризис," Russian Economic Development, Gaidar Institute for Economic Policy, issue 7, pages 36-48, July.
    5. A. Yu. Platko & A. R. Mikhailova, 2022. "Enterprises of the hospitality industry in the conditions of uncertainty of the external environment. Trends and prospects," RSUH/RGGU BULLETIN. Series Economics. Management. Law, Russian State University for the Humanities (RSUH), issue 4.

    More about this item

    Keywords

    Russian economy; small businesses; medium-sized enterprises;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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