Békés, Gábor; Halpern, László; Muraközy, Balázs - 2010
In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data … was the main factor behind industry-level productivity growth in Hungary in this period, but creative destruction also … between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only …