MACROECONOMIC FACTORS AND FIRM PERFORMANCE IN THE UNITED KINGDOM
Journal of Smart Economic Growth
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ISSN |
2537-141X |
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Authentication Code |
dc |
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Title Statement |
MACROECONOMIC FACTORS AND FIRM PERFORMANCE IN THE UNITED KINGDOM |
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Added Entry - Uncontrolled Name |
Pacini, Kevin Mayer, Peter Attar, Stefan Azam, Jean Bank of England, London Deutsche Bank Group, Berlin Toulouse School of Economics, Toulouse Paris School of Economics |
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Summary, etc. |
How firms perform during the business cycle and what macroeconomic factors have the greatest influence on industrial firm performance? The purpose of this study is to study the impact of chosen macroeconomic factors on firm performance in the United Kingdom. To investigate effects of macroeconomic factors, panel data with instrumental variables were used between the period of 2000 and 2014 for top 100 firms in UK. As a result of the analysis, gross domestic product, inflation rate, and the rate of domestic debt interest payments to total income tax have a direct positive impact on firm performance. On the other hand, exchange rate, interest rate and the rate of short term foreign debts to central bank international reserves have an inverse impact. |
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Publication, Distribution, Etc. |
Journal of Smart Economic Growth |
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Electronic Location and Access |
application/pdf http://jseg.ro/ojs/index.php/jseg/article/view/41 |
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Data Source Entry |
Journal of Smart Economic Growth; Vol 2, No 3 (2017): JSEG VOL. 2 NO. 3 YEAR 2017 |
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Language Note |
eng |
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Terms Governing Use and Reproduction Note |
Copyright (c) 2018 Kevin Pacini |
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