Showing 1 - 10 of 42,894
This paper investigates whether financial obstacles, and, more generally, financial pressure faced by firms, significantly affect firm growth. For this purpose, we use an unbalanced panel of about 1,000,000 observations for around 155,000 non-financial corporations in five euro area countries....
Persistent link: https://www.econbiz.de/10003826608
are independent of firm size can be rejected for the services, as it has been for manufacturing, also in the case of Italy … remaining three business groups and for the industry as a whole. These mixed results concerning Gibrat's Law in the services are … consistent with the hypothesis that the dynamics of industrial organisation for services may not simply mirror that for …
Persistent link: https://www.econbiz.de/10011327542
This paper investigates the validity of Gibrat's Law holding for firms in manufacturing and retail trade sectors. The object is to expand our knowledge of Gibrat's Law to include non-manufacturing firms. A unique longitudinal firm-level database, which contains information on Canadian...
Persistent link: https://www.econbiz.de/10014059634
This paper is the first in the literature to examine the impact of natural disasters on trade in services. We measure … trade in services using a structural gravity model. We find that, overall, natural disasters lead to a decline of services … exports of the affected country but have ambiguous effects on its services imports. On average, a large natural disaster can …
Persistent link: https://www.econbiz.de/10012132746
the Austrian services sector. We apply a two-part model of firm survival (exit) and firm growth. Separate regressions for … elasticities. Falling trade costs in the Austrian services sector over the period 2000 to 2014 resulted in net job creation of …
Persistent link: https://www.econbiz.de/10012157327
the Austrian services sector. We apply a two-part model of firm survival (exit) and firm growth. Separate regressions for … elasticities. Falling trade costs in the Austrian services sector over the period 2000 to 2014 resulted in net job creation of …
Persistent link: https://www.econbiz.de/10012145596
Tourism has become the world's third-largest export industry after fuels and chemicals, and ahead of food and automotive products. From last few years, there has been a great surge in international tourism, culminates to 7% share of World's total exports in 2016. To this end, the study attempts...
Persistent link: https://www.econbiz.de/10012429781
Using a panel of Spanish firms over the period 2002-2012, we investigate the interactions between high growth episodes in terms of size and productivity. We find that high growth in productivity (size) increases the likelihood of high growth in size (productivity). However, the effect from size...
Persistent link: https://www.econbiz.de/10012956537
We examine the impact of inward foreign direct investment (FDI) on the growth of local firms in terms of employment and total factor productivity (TFP) for the Slovenian manufacturing sector in the 1994-2003 period. The theoretically predicted channels through which inward FDI affects the firm...
Persistent link: https://www.econbiz.de/10014157544
This paper compares the determinants of firm's extensive and intensive growth based on population data of manufacturing firms registered in Slovenia in the 1994-2003 period. The former is measured in terms of employment and the latter is defined in terms of total factor productivity. After...
Persistent link: https://www.econbiz.de/10013085280