Kowerski, M. (2010). Assessment of the economic condition of small enterprises in the Lubelskie voivodship of Poland. Rehional'na ekonomika - Regional Economy, 56(2), 169-178.

Authors

Resume

The results of the economic condition assessment of small enterprises located in the Lubelskie voivodship were presented. In order to analyze how the corporate performance is influenced by both internal (microeconomic) and external (macroeconomic) factors the logit micro-macro models were used. The conducted simulations show clearly that the microeconomic variables have much higher influence than macroeconomic variables on the condition of small enterprises. Macroeconomic variables have higher influence on firms, which showed more typical values of the microeconomic indicators between the 1st and the 3rd quartile than the worst and best firms. It can be then stated that small companies with very poor results can hardly benefit from an economic prosperity in the country. On the other hand, the very good enterprises will hardly suffer from a recession in the economy.

Keywords:

small enterprise, economic condition, good condition probability, logit micro-, macro models