This study investigates firm growth as the post-entry performance of new start-up firms. Using data on Japanese manufacturing firms founded during 1992-1996, the determinants of growth are identified among new start-up firms. The effect is examined, not only of firm-specific characteristics but...

Micro-level productivity measurement suffers from unobserved markup variation when the quantities of input and outputs are proxied by nominal variables. Early literature often adjusts the revenue and input expenditure variables by aggregate price deáators, but the idiosyncratic price effects...

The COVID-19 pandemic has posed a serious threat to the survival of Japanese firms, highlighting the importance of understanding how and why firms exit. In this paper, we use a rich firm-level dataset of Japanese firms to document how firm exit patterns have evolved between 2007 and 2017. Firm...