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On Average Establishment Size across Sectors and Countriesy

Bento, Pedro - 2018

We construct a new dataset for the average employment size of establishments across sectors and countries from hundreds of sources. Establishments are larger in manufacturing than in services, and in each sector they are larger in richer countries. The cross-country income elasticity of...

Persistent link: https://www.econbiz.de/10012480621

Deregulation, Misallocation, and Size : Evidence from India

Alfaro, Laura - 2012

This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics and the reallocation of resources within industries over time. Following deregulation, we find that the extent of resource misallocation declines and a considerable thickening of...

Persistent link: https://www.econbiz.de/10012460010

The Incredible Shrinking Portuguese Firm

Braguinsky, Serguey - 2011

Using Portugal's extensive matched employer-employee data set, this paper documents an unusual feature of the … paper that Portugal's shrinking firms are linked to the country's anemic growth and low productivity. We show that the shift … unexplained by these factors. So, what does explain the shift? We argue that Portugal's uniquely strong protections for regular …

Persistent link: https://www.econbiz.de/10012461392

Firm Size Dynamics in the Aggregate Economy

Rossi-Hansberg, Esteban - 2005

Why do firm growth and exit rates decline with size? What determines the size distribution of firms? This paper presents a theory of firm dynamics that simultaneously rationalizes the basic facts on firm growth, exit, and size distributions. The theory emphasizes the accumulation of industry...

Persistent link: https://www.econbiz.de/10012467424

Misallocation, Establishment Size, and Productivity

Bento, Pedro - 2016

We consider a tractable model of heterogeneous production units that features endogenous entry and productivity investment to assess the quantitative impact of policy distortions on aggregate output and establishment size. Relative to the standard factor misallocation framework, policy...

Persistent link: https://www.econbiz.de/10012455871

Capital Market Financing, Firm Growth, Firm Size Distribution

Didier, Tatiana - 2014

Which firms issue equity and debt in domestic and international markets and what happens to their assets, sales, and number of employees? To answer these questions, we assemble a new dataset on firm-level capital raising activity during 1991-2011, which we match with firm attributes for 45,527...

Persistent link: https://www.econbiz.de/10012458331

Firms, Destinations, and Aggregate Fluctuations

Giovanni, Julian di - 2014

This paper uses a database covering the universe of French firms for the period 1990--2007 to provide a forensic account of the role of individual firms in generating aggregate fluctuations. We set up a simple multi-sector model of heterogeneous firms selling to multiple markets to motivate a...

Persistent link: https://www.econbiz.de/10012458603

The Missing "Missing Middle"

Hsieh, Chang-Tai - 2014

Although a large literature seeks to explain the "missing middle" of mid-sized firms in developing countries, there is surprisingly little empirical backing for existence of the missing middle. Using microdata on the full distribution of both formal and informal sector manufacturing firms in...

Persistent link: https://www.econbiz.de/10012458698

Firm Volatility in Granular Networks

Kelly, Bryan - 2013

We propose a network model of firm volatility in which the customers' growth rate shocks influence the growth rates of their suppliers, larger suppliers have more customers, and the strength of a customer-supplier link depends on the size of the customer firm. Even though all shocks are i.i.d.,...

Persistent link: https://www.econbiz.de/10012459196

Size-Dependent Regulations, Firm Size Distribution, and Reallocation

Gourio, François - 2012

In France, firms with 50 employees or more face substantially more regulation than firms with less than 50. As a result, the size distribution of firms is visibly distorted: there are many firms with exactly 49 employees. We model the regulation as the combination of a sunk cost that must be...

Persistent link: https://www.econbiz.de/10012460003