Asia Small and Medium-Sized Enterprise Monitor 2021: Volume IV—Pilot SME Development Index: Applying Probabilistic Principal Component Analysis
This volume sets out an updated Small and Medium-Sized Enterprise Development Index (SME-DI) that aims to help policy makers in developing Asia overcome the limited availability of data on small businesses.
The volume presents a new pilot of the SME-DI that fills in missing data by using a probabilistic principal component analysis model. The researchers used pilot testing to generate a regional SME-DI for 15 countries in Southeast Asia and South Asia, based on the 2021 Asia Small and Medium-Sized Enterprise Monitor database. The study also constructed a national index for Viet Nam using business registration data.
- Executive Summary
- Lessons from the 2020 SME-DI Exercise
- Another Trial: How to Cope with the Data Limitation
- Estimation Results
Also in this Series
- Asia Small and Medium-Sized Enterprise Monitor 2022: Volume I—Country and Regional Reviews
- Asia Small and Medium-Sized Enterprise Monitor 2022: Volume II—The Russian Invasion of Ukraine and Its Impact on Small Firms in Central and West Asia
- Asia Small and Medium-Sized Enterprise Monitor 2021: Volume III—Digitalizing Microfinance in Bangladesh: Findings from the Baseline Survey