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This article investigates the characteristics of high-growth (HG) firms in Chinese manufacturing, and further explores the effects of firm characteristics on persistence of high-growth. We employ a multidimensional definition of HG firms that simultaneously accounts for growth of sales and...
Persistent link: https://www.econbiz.de/10011583282
India stands apart when compared with many others developing countries in terms of its long standing history of supporting the small scale industries (SSI) through reservation of product items for the SSI. Despite all these, the performance of the MSME sector in India remained subdued. In the...
Persistent link: https://www.econbiz.de/10014118444
Although wage inequality is a prominent and widely studied issue, the literature is vastly silent on the relationship between firm entry and exit and the wage dispersion between firms. Using a 50% random administrative sample of West German establishments over the period 1976-2017, I study wage...
Persistent link: https://www.econbiz.de/10012692616
Although wage inequality is an important and widely studied issue, the literature is vastly silent on the relationship between firm entry and exit and the wage dispersion between firms. Using a 50% random administrative sample of West German establishments over the period 1976–2017, I study...
Persistent link: https://www.econbiz.de/10014430041
Young firms are integral to productivity enhancing resources reallocation. However, they need to be more productive than the average firm to play that part. In Australia, manufacturing entrepreneurs are quite unproductive upon entry. Yet, the productivity of those that survive makes a quantum...
Persistent link: https://www.econbiz.de/10012944637
The expansion of enterprise level datasets has led to the emergence of a large body of literature on patterns of employment and job dynamics across different enterprise types. In the context of India, where MSMEs have been traditionally supported and encouraged by different policy initiatives to...
Persistent link: https://www.econbiz.de/10013040685
Based on a three equations model for initial firm size, survival and firm growth we estimate firm-specific transition probabilities between size classes of the firm size distribution. This allows to analyze counterfactual scenarios that assess the impact of changes in exogenous variables on the...
Persistent link: https://www.econbiz.de/10009731086
Based on a structural model for initial firm size, survival and firm growth we estimate firm-specific transition probabilities between size classes of the firm size distribution. This allows an assessment of the impact of different (counterfactual) economic policy measures on intra-distribution...
Persistent link: https://www.econbiz.de/10013123024
Availability of private equity markets in Africa are quite limited even though this type of financing creates an environment for entrepreneurial firms to gain access to finance. Availability of private equity financing opportunities potentially relieves firms’ financial constraints with likely...
Persistent link: https://www.econbiz.de/10014254659
This empirical analysis deals with the determinants of growth and the explanation of variations in the growth between innovative and non-innovative start-ups. Based on theoretical models explaining the growth of firms, hypotheses on potential determinants are formulated. The regression results...
Persistent link: https://www.econbiz.de/10013428203