The recent financial and economic crisis has brought back the attention to studying the characteristics of surviving firms and those exiting the market. Among these characteristics the access to finance has received large attention, since the economic crisis decreased the availability of finance...

This paper examines the role of inward foreign direct investment (FDI) in firm selection processes in the Slovenian manufacturing sector in the 1994-2003 period by assessing the impact of the entry and presence of foreign firms on a domestic firm’s probability of exiting. The results confirm...

This article analyses the causality between the firm's employment and productivity growth based on the population of manufacturing firms registered in Slovenia in the 1994--2003 period. By using the system GMM estimator, we show that the employment--productivity growth trade-off does not exist....