Efficiency Analysis of the State Support of Small Enterprises in the Subjects of the Russian Federation
S. O. Musienko1, E. A. Fedorova1, F. Yu. Fedorov2
1Financial University under the Government of the Russian Federation
2Limited Liability Company Redsys
Keywords: малый бизнес, индекс Малмквиста, регионы России, эффективность, SME, Malmquist index, regions of Russia, efficiency
Abstract
The article assesses the effectiveness of small enterprises in the Russian regions based on the calculation of the Malmquist index. The results of the calculations revealed there is a trend to efficiency decrease starting since 2014 in the most regions. The best value of technical efficiency change in 2015 discovered in the Far Eastern Federal district, the worst rate of technical efficiency change of SME in both 2015 and 2014 discovered in the North Caucasian Federal district. We assume that the decrease of efficiency of small enterprises activity occurred due to the fact that in 2013 there has been a sharp reduction of budget expenditures to support small and medium-sized businesses.
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