Showing 1 - 7 of 7
the dynamics of entry-exit and market shares and, collectively, the productivity and the size distributions and their … stylised facts, including ample heterogeneity in productivity distributions, persistent market turbulence and fat …
Persistent link: https://www.econbiz.de/10010502702
growth is also a central concern to both the practice and theory of business strategy. Despite both its theoretical and … robust theory of firm growth. This paper attempts to address this gap in our empirical knowledge of firm growth using a …
Persistent link: https://www.econbiz.de/10012007050
manufacturing industries of France, Germany, UK and USA. We first disentangle the contribution to industry-level productivity growth … of within-firm productivity changes and between-firms reallocation of shares. The evidence corroborates that within … extent firm growth rates are shaped by relative productivity levels in deviation from industry average and by the over time …
Persistent link: https://www.econbiz.de/10009766333
This article explores the dynamics of market selection by investigating of the relationships linking productivity … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …
Persistent link: https://www.econbiz.de/10010500809
This article explores the dynamics of market selection by investigating of the relationships linking productivity … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …
Persistent link: https://www.econbiz.de/10011715817
Firms grow and decline by relatively lumpy jumps which cannot be accounted by the cumulation of small, "atom-less", independent shocks. Rather "big" episodes of expansion and contraction are relatively frequent. More technically, this is revealed by fat tail distributions of growth rates. This...
Persistent link: https://www.econbiz.de/10011446461
This work brings together two distinct pieces of evidence concerning, at the macro level, international distributions of incomes and their dynamics, and, at the micro level, the size distributions of firms and the properties of their growth rates. First, our empirical analysis provides a new...
Persistent link: https://www.econbiz.de/10003744955