Small and Medium Enterprise Development in Russia: Public Expenses - Are They Effective?
Small and Medium Enterprise Development in Russia: Public Expenses - Are They Effective?

Author(s): Nadezhda Yashina, Maria Ginzburg, Olga Emelyanova, Ilya Litovsky
Subject(s): Business Economy / Management, Economic policy, Public Finances
Published by: Masarykova univerzita nakladatelství
Keywords: SME; SME development; public expenses; public fnance, financial standing; public finance management;
Summary/Abstract: The purpose of this study is to explore the following issue: are public expenditures on support and development of small and medium-sized businesses in Russia effective? Within the framework of this study, the authors tested the following hypothesis: [1) the level of development of small and mediumsized enterprises in the regions of Russia depends on the level of State support for SMEs and [2) the level of development of SMEs in the federal subject of the Russian Federation depends to a higher degree on the level of the financial status of the federal subject, rather than on State expenditures to support SMEs in this federal subject.

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