engleski

The Profitability of SME'S within Retail Sector of Advanced EU Economies

From year 2009 global competitive pressures have increased dramatically and influenced the performance SME's within EU and global retail sector. Nowadays, global retail sector has continued to recover reasonably well, expanding retail sales and profitability. R&D and innovations are beginning to pay off. International markets of advanced economies are showing increasing signs of promise. This paper examines the profitability of retail SME's in advanced EU economies. Keeping above said in mind the main objective of this paper is to explore the profitability of retail SME's of two advanced EU member states: Italy and France over 2006 – 2012 period. The analysis aims to answer whether features of firm environment such as agglomeration externalities and concentration as well as their characteristics such as ownership influence the performance of SMEs. A dynamic panel econometric technique is applied in order to assess the existence of short and long run effects. The obtained findings will be used to formulate recommendations for business policy makers in the field of EU SME's in retail sector.

Advanced EU economies ; Profitability ; Retail Sector ; Dynamic panel model

nije evidentirano