Results show that competition does not currently support small and medium enterprises in the developing countries to grow and highlight the need to formulate more comprehensive competition policies not just laws to support MSMEs.
📌 3 Key Takeaways
🎯
Objective & Hypothesis:The main aim of this paper is to examine the impact of competition policies on promoting Micro, Small and Medium Enterprises (MSMEs) in the developing countries.
📊
Key Findings & Data:The business freedom index and trade freedom index are used as proxies for competition policies in different countries whereas data on the growth of SMEs are extracted from World Enterprise Surveys.
💡
Conclusion & Impact:Results show that competition does not currently support small and medium enterprises in the developing countries to grow and highlight the need to formulate more comprehensive competition policies not just laws to support MSMEs.
🔬Design:Survey & Empirical Study
📍Scope:Comprehensive Sample
⚙️Variables:Competition Policies · Micro Small And Medium Enterprises · Business Freedom Index
Özet
The main aim of this paper is to examine the impact of competition policies on promoting Micro, Small and Medium Enterprises (MSMEs) in the developing countries. The business freedom index and trade freedom index are used as proxies for competition policies in different countries whereas data on the growth of SMEs are extracted from World Enterprise Surveys. Panel data analysis is mainly employed to assess the impact of competition policies on the evolvement of SMEs in the developing countries. Results show that competition does not currently support small and medium enterprises in the developing countries to grow and highlight the need to formulate more comprehensive competition policies not just laws to support MSMEs.
ABDELMAGEED, S. (2017). COMPETITION POLICIES AND MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES) GROWTH IN DEVELOPING COUNTRIES: INCENTIVES OR BARRIERS?. Journal of Research in Economics, Cilt: 1 - Sayı: 1, 1–19. https://ajindex.com/articles/3706
Ahmad, M., Ahmad, E., Kahut, M. B., and Murtaza, G. (2012). New Determination of Factors Affecting the Growth of Small and Medium Sized Enterprises in Pakistan. Interdisciplinary Journal of Contemporary Research in Business, 4 (6): 513-530.
Akugri, M. S., Bagah, D. A., and Wulifan, J. K. (2015). The Contributions of Small and Medium Scale Enterprises to Economic Growth: A Cross-Sectional study of Zebilla in the Bawku West District of Northern Ghana. European Journal of Business and Management, 7 (9): 262-274.
Ali El Dean, B., and Mohieldin, M. (2001). On the Formulation and Enforcement of Competition Law in Emerging Economies: The Case of Egypt. Egyptian Center for Economic Studies (ECES). Ali, S., Rashid, H., and Khan, M. A. (2014). The Role of Small and Medium Enterprises and Poverty in Pakistan: An Empirical Analysis. Theoretical and Applied Economics, 21 (4(593)): 67-80.
Baltagi, B. H., and Wu: X. (1999). Unequally Spaced Panel Data Regressions with AR(1) Disturbances. Econometric Theory, 15: 814–823.
Beck, T., Demirguc-Kunt, A., and Levine, R. (2005).
SMEs, Growth, and Poverty: Cross-Country Evidence. Journal of Economic Growth, 10: 199–229.
Creative Associates International. (2014).
Micro, Small and Medium Enterprises in Egypt: Entrepreneurship, Business Procedures and Value Chain Analysis. Cairo: Creative Associates International. Don, H., Kemp, R., and Sinderen, J. v. (2008). Measuring the Economic Effects of Competition Law Enforcement. De Economist, 156 (4). Edinburgh Group. (2013). Growing the Global Economy through SMEs. Edinburgh Group. Egyptian Competition Authority. (2007). Annual Report 2006-2007.
El Kabbani, R. N., and Kalhoefer, C. (2011). Financing Resources for Egyptian Small and Medium Enterprises. Working Paper No. 28, Working Paper Series, Faculty of Management Technology, German Univeristy in Cairo. El Saady, R. (2011). The Role of SMEs in Mediterranean Economies: The Egyptian Experience. Economy and Territory, Productive Structure and Labour Market: 224-227.
ElFar, M. (2014). Enforcement Policy of the Egyptian Competition Law: Vertical Relations. Thomson Reuters (Professional) (5): 209-215.
El-Said, H., Al-Said, M., and Zaki, C. (2014). Small and Medium Enterprises Landscape in Egypt: New Facts from a New Dataset. Journal of Business and Economics, 5(2): 142-161.
Eze, T. C., and Okpala, C. S. (2015). Quantitative Analysis of the Impact of Small and Medium Scale Enterprises on the Growth of Nigerian Economy: (1993-2011). Inte