SMALL AND MID-SIZED COMPANIES AND THEIR ROLE IN RENEWING THE ENTREPRENEURIAL TREND TOWARDS THE CRAFTS: A CASE STUDY OF ADRAR - ECONOMETRIC STUDY DURING 2002-2022-

Abstract

This paper sheds light on the shift of the small and mid-sized companies towards developing the crafts in Adrar during 2002-2022. The study variables include the development of the number of small and mid-sized companies and the number of crafts companies. On the practical side, we used the autoregression distributed lag model ARDL to test the cointegration and determine the nature between the study variables in the short and long terms. Findings show that the study variables series are stationed in difference 01 and that there is a cointegration between the two variables. Besides, the changes in the number of small and mid-sized companies have a negative significant effect on the number of crafts companies in the short term. Furthermore, there is a causal relation in one trend between the number of crafts companies and the number of small and mid-sized companies.