SMEs Exports are Influenced by Different Risk Factors: Empirical Study of Emerging Economy

Safia Nosheen; Tahseen Mohsan Khan; Fazal-Ur- Rehman

doi:10.26710/jafee.v6i1.1078

Journal of Accounting and Finance in Emerging Economies (Mar 2020)

SMEs Exports are Influenced by Different Risk Factors: Empirical Study of Emerging Economy

Safia Nosheen,
Tahseen Mohsan Khan,
Fazal-Ur- Rehman

Affiliations

Safia Nosheen: University of Management and Technology, Lahore, Pakistan
Tahseen Mohsan Khan: Assistant Professor, Department of Finance, School of Business and Economics, University of Management and Technology, Lahore, Pakistan
Fazal-Ur- Rehman: MS scholar, University of Management and Technology, Lahore

DOI: https://doi.org/10.26710/jafee.v6i1.1078
Journal volume & issue: Vol. 6, no. 1

Abstract

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Study intent to identify the direct (indirect) risk factors that can influence the export of medical instruments from SMEs sector of Pakistan by using the time series monthly data sample for a period of fifteen years that is from FY 2003 to FY 2017. Empirically a strong long term relation between the export of medical instruments with operational risk, market risk, export refinance schemes and steel prices are proven by Johansen co-integration. Study also establishes a direct positive relation of operational risk and market risk with the export of medical instruments as a result of Vector Error Correction Model.

Published in Journal of Accounting and Finance in Emerging Economies

ISSN: 2519-0318 (Print); 2518-8488 (Online)
Publisher: CSRC Publishing
Country of publisher: Pakistan
LCC subjects: Social Sciences: Finance
Website: http://publishing.globalcsrc.org/jafee/

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