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How Government Support Affects Creation of SMEs under Sanctions

A. R. Urazbaeva et al.

Economic Policy / Ekonomicheskaya Politika2026https://doi.org/10.18288/1994-5124-2026-1-96-123article
AJG 1ABDC C
Weight
0.50

What the paper says

The study evaluates the impact of government support on the creation of small and medium-sized businesses in relation to regional differentiation in exposure to risks from sanctions. Over three million instances of support provided to small and medium-sized businesses were analyzed. Cross-correlation was employed to ascertain the interval between introduction of state financial and advisory support and the emergence of significant positive effects on formation of new businesses. This analysis indicated that the relationship between government support for small and medium-sized businesses and the creation of new firms is not immediate and diminishes over time; however, the correlation is strongest within a two-to-four-month timeframe. Fixed-effects models were constructed to assess the impact of financial and advisory support on the number of newly created small and medium-sized businesses across regions with varying levels of risk from sanctions. Regression analysis revealed that both financial and advisory support have their most pronounced positive effects on the formation of small and medium-sized businesses in regions with moderate sanction risk. In high-risk regions, significant effects from financial support appears only after two months, while advisory support shows its impact after four months. No significant effects were observed in regions with low sanction risk. The authors offer practical recommendations based on these findings in order to inform the design of policies for fostering the growth of small and medium-sized enterprises and facilitating their transition into "higher" business categories.

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https://doi.org/https://doi.org/10.18288/1994-5124-2026-1-96-123

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@article{a.2026,
  title        = {{How Government Support Affects Creation of SMEs under Sanctions}},
  author       = {A. R. Urazbaeva et al.},
  journal      = {Economic Policy / Ekonomicheskaya Politika},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.18288/1994-5124-2026-1-96-123},
}

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How Government Support Affects Creation of SMEs under Sanctions

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.