11 Pages Posted: 27 Feb 2011 Last revised: 7 Mar 2011
Date Written: February 26, 2011
In developing countries, microenterprises comprise the vast majority of the small business sector – a result of the relative lack of formal sector jobs available for the poor. These microentrepreneurs operate microenterprises not by choice, but out of necessity. The article gives the results of a statistically significant study of microbusiness in Balakovo city. Quality and reliability of study results evaluated both by traditional statistical methods and by the Rasch model. Microbusiness can not provide jobs downsized employees with large companies, however, the growth in demand will lead to a moderate degree of coupling (0,59) to increase staff in microenterprises. The bulk of today's entrepreneurs in Russia have acquired this status in 1998-2000, i.e. during and after the ‘August 1998’ crisis. A modification of the sociological tools to measure the micro business is offered.
Keywords: Economic Crisis, Micro-Enterprise, Microbusiness, Rasch Model, Reduction, Russia
Suggested Citation: Suggested Citation
Sedov, Dmitry G., Empirical Study of Microbusiness of Local Social Environment in Crisis: Russia (February 26, 2011). Available at SSRN: https://ssrn.com/abstract=1770425 or http://dx.doi.org/10.2139/ssrn.1770425