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Economies
Special Issues
The Relationship between Macroeconomics and Small and Medium Enterprises
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The Relationship between Macroeconomics and Small and Medium Enterprises

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: 31 December 2024 | Viewed by 779

Special Issue Editor

Dr. Katarina Valaskova

E-Mail Website
Guest Editor
Faculty of Operation and Economics of Transport and Communications, University of Zilina, 010 26 Zilina, Slovakia
Interests: business and management; economics and econometrics; social sciences
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

This Special Issue is focused on the importance of understanding the relationship between macroeconomics and SMEs in the context of contemporary economic dynamics. The extraordinary development of the macroeconomic environment caused by the pandemic or current wars led to significant changes in the development of SMEs. Thus, this SI focuses on several important topics to provide insights into sustaianable SME development and unravel the nuances of the macroeconomic–SME relationship through the following methods:

  • Examination of how macroeconomic factors impact the performance, growth, and sustainability of SMEs.
  • Analysis of the reciprocal influence, considering how SME activities contribute to macroeconomic indicators.
  • Exploration of regional and global variations in the relationship between macroeconomics and SMEs.

Dr. Katarina Valaskova
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Economies is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • macroeconomic variability
  • economic fluctuation
  • bankruptcy prediction
  • earnings management
  • corporate finance
  • digitization
  • COVID-19 pandemic

Published Papers (1 paper)

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Research

17 pages, 1056 KiB  
Article
Institutional Quality and Internationalization: Empirical Evidence from Manufacturing SMEs in Vietnam
by Bao Dinh Ho and Tung Nguyen
Economies 2024, 12(6), 144; https://doi.org/10.3390/economies12060144 - 11 Jun 2024
Viewed by 507
Abstract
This paper assesses how the local institutional environment affects the internationalization of manufacturing small- and medium-sized enterprises (SMEs) in Vietnam, exploiting a multi-dimensional institutional index and large-scale enterprise data. The authors find that the internationalization of manufacturing SMEs was influenced by several institutional [...] Read more.
This paper assesses how the local institutional environment affects the internationalization of manufacturing small- and medium-sized enterprises (SMEs) in Vietnam, exploiting a multi-dimensional institutional index and large-scale enterprise data. The authors find that the internationalization of manufacturing SMEs was influenced by several institutional aspects, such as the transparency of local authorities, access to land, informal charges, and local labor policies. Improvements in these institutional aspects can substantially enhance participation in international trade and its magnitude. This pattern diverges from their large and foreign counterparts, whose trade participation is primarily affected by land access and the transparency of local authorities. Additionally, the authors find heterogeneous effects of the institutional environment on SMEs in different manufacturing industries. Heavy industries rely more on the costs of entry and time costs, while land access is crucial for SMEs in manufacturing industries that require large-sized factories. Our findings suggest that the government should provide a supportive institutional environment to SMEs, which will lead to higher international participation and boost domestic economic growth. Full article
(This article belongs to the Special Issue The Relationship between Macroeconomics and Small and Medium Enterprises)
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