In this paper, we analyse the influence of firm characteristics and the regional environment on employment growth of … employment growth found in various studies for several developed economies. An additional negative effect far firms which have … shows some evidence that there exists a positive influence of localization economies on the firm specific growth rate of …

that growth in one period has an impact on growth in the following period. Using data from the ZEW-Foundation Panel (West … its growth. Growth is rather determined by a process of random influences. Within the context of the econometric analyses … Chesher (1979) is used to explore 'Gibrat's law' in order to examine the influence of firm size on growth. Moreover we test …

We propose a semi-parametric approach to heterogeneous dynamic panel data modelling. The method generalizes existing … equilibrium exchange rate determination in a cross-country panel, we find evidence of largely heterogeneous adjustment and more …

This paper considers estimation methods and inference for linear dynamic panel data models with unit …-invariant variables in a dynamic version of the Hausman and Taylor (1981) model. We propose a two-stage estimation procedure to identify … errors are adjusted to take into account the first-stage estimation uncertainty. As potential first-stage estimators we …