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

behind income convergence are analized by means of the decomposition of per capita income in labor productivity and … is regarded as the main factor behind this performance. However, the limited convergence of labor productivity bounds the …

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

-- catching up ; real convergence ; Red Queen Paradox ; Jánossy's growth theory ; long-term growth ; productivity …