Assessment of the economic condition of small enterprises with logit micro-macro models. The case of the lubelskie voivodship

In the paper the results of the economic condition assessment of small enterprises located in the Lubelskie voivodship were presented. To analysis how the corporate performance is influenced by both internal (microeconomic) and external (macroeconomic) factors the logit micro-macro models were used. The simulations conducted show clearly that the microeconomic variables have much higher influence then macroeconomic variables on the condition of small enterprises. Macroeconomic variables have higher influence on firms, which showed values of the microeconomic indicators between the 1st and the 3rd quartile then the worst and best firms. It can be then stated that small companies with very poor results can hardly benefit from an economic prosperity in the country. On the other hand, the very good enterprises will hardly suffer from a recession in the economy.