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Who Creates Jobs? Small vs. Large vs. Young

Haltiwanger, John - 2014

The view that small businesses create the most jobs remains appealing to policymakers and small business advocates. Using data from the Census Bureau Business Dynamics Statistics and Longitudinal Business Database, we explore the many issues at the core of this ongoing debate. We find that the...

Persistent link: https://www.econbiz.de/10013069389

Job Creation, Small vs. Large vs. Young, and the Sba

Brown, J. David - 2015

Analyzing a list of all Small Business Administration (SBA) loans in 1991 to 2009 linked with annual information on all U.S. employers from 1976 to 2012, we apply detailed matching and regression methods to estimate the variation in SBA loan effects on job creation and firm survival across firm...

Persistent link: https://www.econbiz.de/10013011462

In with the Big, Out with the Small : Removing Small-Scale Reservations in India

Martin, Leslie A. - 2014

An ongoing debate in employment policy is whether promoting small and medium enterprises creates more employment. Do small enterprises generate more employment growth than larger firms? We use the elimination of small-scale industry (SSI) promotion in India to address this question. For 60...

Persistent link: https://www.econbiz.de/10013057823

The Catch-22 of External Validity in the Context of Constraints to Firm Growth

Fischer, Greg - 2015

We document the presence of multiple and varied constraints to small and medium firm growth. This presents both a practical problem for business training programs and a challenge to academic economists trying to identify mechanisms though which these programs may affect outcomes. External...

Persistent link: https://www.econbiz.de/10013027272

Interfirm Relationships and Business Performance

Cai, Jing - 2017

We organized business associations for the owner-managers of randomly selected young Chinese firms to study the effect of business networks on firm performance. We randomized 2,800 firms into small groups whose managers held monthly meetings for one year, and into a “no- meetings” control...

Persistent link: https://www.econbiz.de/10012966933

Skill-Specific Rather then General Education : A Reason for Us-Europe Growth Differences?

Krueger, Dirk; Kumar, Krishna B. - 2021

In this paper, we develop a model of technology adoption and economic growth in which households optimally obtain … between their growth rates will increase with the growth rate of available technology. By characterizing the optimal Ramsey … available technology. Our theory suggests that European education policies that favored specialized, vocational education might …

Persistent link: https://www.econbiz.de/10013212567

Covid-19 and SME Failures

Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021

We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...

Persistent link: https://www.econbiz.de/10013244116

Empirical Patterns of Firm Growth and R&D Investment : a Quuality Laddermodel Interpretation

Klette, Tor Jakob - 2011

We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth literature, but also on the literature on patent races and the...

Persistent link: https://www.econbiz.de/10013127899

Leverage, Investment, and Firm Growth

Lang, Larry - 2010

We show that there is a negative relation between leverage and future growth at the firm level and, for diversified firms, at the segment level. Further, this negative relation between leverage and growth holds for firms with low Tobin's q, but not for high-q firms or firms in high-q industries....

Persistent link: https://www.econbiz.de/10013138668

A Unified Theory of Firm Selection and Growth

Arkolakis, Costas - 2011

This paper studies the effects of marketing choice to firm growth. I assume that firm-level growth is the result of idiosyncratic productivity improvements with continuous arrival of new potential producers. A firm enters a market if it is profitable to incur the marginal cost to reach the first...

Persistent link: https://www.econbiz.de/10013119036

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