The results of decomposition of output growth rates for the period of 2014 – H1 2015 point to recent changes in the relative significance of different growth factors, which has been demonstrating a shift from the extensive factors towards negative inputs of the intensive factors. Over the...

In Q3 2018, the movement of industrial production indices returned to a near zero growth pattern, and first of all in the manufacturing sectors. In some industries, the slightly positive dynamics may have had to do, in part, with government support measures. Over the course of the same quarter,...

Generalizing assessment of the existing economic situation (Adaptability index) has demonstrated in Q2 2016 the fact that the Russian economy persisted in high level of adaptability to the 2014–2016 crisis. By the end of two months of the quarter, the indicator hit the all-time maximum of 72%....

Firm growth is an essential feature of market economies, shaping together macroeconomic performance and the evolution of industry structures. As a potential indicator of organizational "fitness" within a competitive environment, firm growth is also a central concern to both the practice and...

In contrast to the very large literature on skill-biased technical change among workers, there is hardly any work on the importance of skills for the entrepreneurs who employ those workers, and in particular on their evolution over time. This paper proposes a simple theory of skill-biased change...

This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greatershare of economic activity. Not all countries, however, are experiencing...

Economies have markedly different firm size distributions. At the same time, firms of different size grow differently after identical financial- and product-market liberalization reforms. Thus, identical reforms can produce different growth outcomes across countries. This result is reached after...

This paper describes an analytically tractable model of balanced growth that is consistent with the observed size distribution of firms. Growth is the result of idiosyncratic firm productivity improvements, selection of successful firms, and imitation by potential entrants. The empirical...

The report examines the dynamics of company size classes in Finland and the relationship between growth barriers and company size. It investigates how Finnish companies have moved between different company size categories from 2008 to 2020, categorizing them based on both the number of employees...