Econometric Forecasting Model for Entrepreneurship Development in the Republic of Moldova
https://doi.org/10.31432/1994-2443-2023-18-3-5-20
Abstract
The relevance of research in Entrepreneurship is undeniable, especially for the Republic of Moldova. Almost all enterprises are small and medium. In the previous two years, only one percent of enterprises were large. During making decisions, forecasts are needed at the micro level (enterprise) and the macro level (country). The subject of this study is the methods of forecasting the entrepreneurship development, including small and medium-sized enterprises. The purpose of the research is to develop a new forecasting model for the key indicators that reflect the entrepreneurship activities in the Republic of Moldova, and one of the tasks is to analyze the forecasting methods to identify the advantages and disadvantages of these methods. The EViews program was used in developing the model and calculating medium-term forecasts. According to the results, in the next three years 2024-2026, the percentage of growth in income from sales of small and medium-sized enterprises varies in the range of 6.7-7.9% annually, and financial results before tax — 6.8-8.0%.
Keywords
entrepreneurship,
small and medium-sized enterprises,
heuristic forecasting methods,
factographic forecasting methods,
econometric model
Supporting agencies: This study was conducted within the framework of the project of the State Program 20.80009.0807.38 “Multidimensional assessment and development of the entrepreneurial ecosystem at the national and regional level for the development of the SME sector in the Republic of Moldova”
About the Author
T. G. Gutium
Academy of Economic Studies of Moldova
Moldova, Republic of
Moldova, Republic of
Web of Science Researcher ID: AAN-2569-2021
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Review
For citations:
Gutium T.G. Econometric Forecasting Model for Entrepreneurship Development in the Republic of Moldova. Information and Innovations. 2023;18(3):5-20. (In Russ.) https://doi.org/10.31432/1994-2443-2023-18-3-5-20
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