This paper is an empirical test of the hypothesis that the appropriateness of differentbusiness strategies is conditional on the firm’s distance to the industry frontier. We usedata on four 2-digit high-tech manufacturing industries in the US over the period 1972-1999, and apply...

We attempt to describe the coevolution of employment growth, sales growth andgrowth of profits in a panel of French manufacturing firms 1996-2004. Our analysisentails ‘recursive’ panel vector autoregressions, whereby we impose the structure of employmentgrowth leading to contemporaneous...

We survey the phenomenon of the growth of firms drawing on literature from economics,management, and sociology. We begin with a review of empirical ‘stylised facts’before discussing theoretical contributions. Firm growth is characterized by a predominantstochastic element, making it...

We use a panel vector autoregressions model to examine the coevolution of changes in happinessand changes in income, health, marital status as well as employment status for the BritishHousehold Panel Survey (BHPS) data set. This technique allows us to simultaneously analyzethe impact of the...

Empirical work on micro and small firms has focused on developed countries.The little work that exists on developing countries is all too often based on smallsamples taken from ad hoc questionnaires. The census data we analyze are fairlyrepresentative of the structure of small business in India....

This paper introduces a little known category of estimators - Linear Non-Gaussian vector autoregression models that are acyclic or cyclic - imported from the machine learning literature, to revisit a well-known debate. Does exporting increase firm productivity? Or is it only more productive...

We analyse survey data to investigate the main barriers to European cross-border e-commerce. We investigate the determinants of selling online, as well as the frequency and determinants of cross-border e-commerce, and the role of barriers. Large firms, which are part of a group, are more likely...