ANALYSIS OF THE PERFORMANCE OF SOME ECONOMIES ACCORDING TO THE SIZE CLASS OF THE ENTERPRISES

Carmen Elena STOENOIU, Lorentz JÄNTSCHI

Abstract


The need to develop the economy through the contribution of enterprises to the achievement of national well-being is a concern of every country. As part of this study, an analysis of some statistical business indicators, existing in the Eurostat database, was carried out, which allows establishing the evolution according to the size of the enterprises in the non-financial sector (Industry, trade, and services). The analysis used six indicators for eight Eastern European countries, in the period 2018-2020, to signal improvements or deterioration of the situation in the economy. The study used two working hypotheses that were verified and subsequently the countries were classified into three areas of economic potential (progress): high, medium, and low. The classification of countries in these areas of progress was achieved using a synthetic result indicator called “Share of the average productivity of each employee in generating added value”, which allowed the classification of countries according to the performance obtained because of the effective combination of production factors (human, material and financial).


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