Main aim of this paper is to carry out how Turkish SMEs activities influenced while EU adaptation process improved or completed. In this respect, long-term relationships are investigated for the variables which are related to SMEs of Turkey and 15 EU countries between the period 1988 and 2005. Empirical findings indicate that main SMEs indicators of EU and Turkey are cointegrated. According to the cointegration results, we have found that capital structure of Turkish SMEs are affected positively from the capitalization of EU SMEs, but the relationship between business ownership rates are negatively found. The findings point out to an increase in the density of capital for SMEs but not a significant change in the amount of SMEs when Turkey fully adapts EU
Alan : Ziraat, Orman ve Su Ürünleri; Spor Bilimleri
Dergi Türü : Uluslararası
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