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Informasi Dokumen

Informasi detail tentang dokumen

Jenis dokumen

Akademis

Penulis

  • Stephen Chong
  • Rutger Hoekstra
  • Oscar Lemmers
  • Ilke Van Beveren
  • Marcel Van Den Berg
  • Ron Van Der Wal
  • Piet Verbiest

Institusi

  • Statistics Netherlands

Tahun

2019

Penerbit

-

Sumber Asli

-

Keyword tags

-

Pengunggah

Nama : Admin Cosmos
Email : itmanager@centerforsme.org

The role of small‐ and medium‐sized enterprises in the Dutch economy: an analysis using an extended supply and use table

Tanggal unggah. 19 Oct 2023 07:09
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Deskripsi singkat

Firm size is increasingly acknowledged as an important factor for (macro-)economic policy. It is known that the overall importance of small- and medium-sized enterprises (SMEs) is diferent relative to large multinationals in terms of their impact on economic growth, exports and innovation. Yet empirical evidence to substantiate the role of firms of different sizes is rare. To tackle this problem, we develop a novel approach by extending the Dutch supply–use framework to frm size. We utilize firm-level data to construct a purpose-built supply–use table distinguishing between SMEs and large enterprises and derive an extended input–output table. In doing so, we adopt a more evolved definition of SMEs, accounting for the fact that small firms may be subsidiaries of large (multinational) enterprise groups. The analysis shows that due to their function as suppliers, SMEs benefit much more from Dutch exports to foreign markets than the traditional export figures show. SMEs are less dependent on imports than large enterprises. This might be detrimental to the competitiveness of SMEs if they do not fully appreciate the benefits of sourcing internationally in terms of cheaper or higher quality inputs. The paper shows the policy relevance of macroeconomic statistics which distinguish firm size.

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