SLOVENIAN EXPORT COMPANIES IN TIMES OF ECONOMIC CRISIS AND GOVERNMENT MEASURES AGAINST IT

Authors

  • Јанез Прашникар Faculty of Economics, University of Ljubljana and CEPR
  • Матјаж Коман Faculty of Economics and Institute for South East Europe, University of Ljubljana
  • Aљоша Валентинчич Faculty of Economics and Institute of Finance, University of Ljubljana
  • Домен Тробец Faculty of Economics and Institute for South East Europe, University of Ljubljana

Keywords:

Economic and financial crisis, guarantee scheme, work sharing, financial debt, business debt

Abstract

The article analyses economic crisis from two perspectives, one is looking at expectations of Slovenian export companies in times of economic crisis and the other are government measures against the crisis, the so called „third package“. Collected data shows that exporters with smaller number of employees lowered their export expectation less than companies with more employees. Companies with larger share of exports in revenues lowered their export expectations to a greater extent. Companies with higher business debt per unit of output expect to carry out export activities easier and some even expect increases in exports. On the other hand, more financial debt leads to greater decrease of export expectations. Therefore the government guarantee scheme, based on our analysis seems reasonable.

References

AJPES (2009). Retrieved from www.ajpes.si

Albreht, M., Fric, D., Grum, P., Hajdinjak, M., Košak, M., Maletič, M., Mrak, M., Ojsteršek, D., Podberšič, M., Rant, V., Rigelnik, M., in Valentinčič, A. (2008). Posledice finančne krize na razvoj realnega sekotrja in obeti za prihodnost: primer Slovenije. In Prašnikar, J., Cirman, A. (ed.): Globalna finančne kriza in eko strategije podjetij: dopolnjevanje ali nasprotovanje, Časnik Finance, Ljubljana, 85-101.

Delo FT. (2009). Polovica največjih slovenskih izvoznikov je za leto 2009 napovedala manjši izvoz kot v letu 2008. Delo FT, str.14-18, 16. marec 2009. Retrieved from http://www.delo.si/tiskano/html/20090316/Delo+FT/0

Domadenik, P., Prašnikar, J. and Svejnar, J. (2008). Restructuring of Firms in Transition: Ownership, Institutions and Openness to Trade. Journal of International Business Studies 39: 725–746.

GVIN (2009). Retrieved from www.gvin.com

MISSOS Databese, (2008).

UMAR (2009). Ekonomsko ogledalo 15(3), marec 2009. Ljubljana: UMAR

Vlada (2009). Retrieved from http://www.vlada.si/si/aktualno/sporocila_za_javnost/sporocilo_za_javnost/article/5/2144/f4574e1314/

Zakon o delnem povračilu nadomestilu plače (2009). Retrieved from http://www.mddsz.gov.si/si/delovna_podrocja/trg_dela_in_zaposlovanje/zakon_o_delnem_povracilu_nadomestila_place/

Zakon o jamstveni shemi Republike Slovenije (2009). Uradni list RS, št. 33/2009.

Downloads

Published

2009-12-31

Issue

Section

Review Scientific Paper

How to Cite

SLOVENIAN EXPORT COMPANIES IN TIMES OF ECONOMIC CRISIS AND GOVERNMENT MEASURES AGAINST IT. (2009). Acta Economica, 7(11), 9-17. http://ae.ef.unibl.org/index.php/ae/article/view/223

Similar Articles

1-10 of 374

You may also start an advanced similarity search for this article.

Most read articles by the same author(s)