High-growth firms’ contribution to aggregate productivity growth

نویسندگان

چکیده

Abstract This paper investigates the contribution of high-growth firms (HGFs) to aggregate productivity growth, using Hungarian firm-level data. Three stylized facts emerge. First, output-based HGFs substantially outperform employment-based ones in terms their contribution: on average, sales-based contribute 5 times as much ones. Further, is negative 48-50% industry-years, compared 25-31% for HGFs. Second, tend growth only during phase but not afterwards. Third, HGFs’ higher industries with more effective reallocation and young firms, none these are strong predictors contribution. Finally, we present a simple benchmark model show that patterns arise naturally under realistic correlation structures.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

On Measuring the Contribution of Entering and Exiting Firms to Aggregate Productivity Growth

The problem of assessing the impact of firm entry and exit on aggregate productivity growth is addressed. The proposed method overcomes some problems with currently proposed methods. The paper also addresses some of the problems involved in aggregating outputs and inputs when firms enter and exit so that the one output and one input aggregate productivity decompositions can be applied. It turns...

متن کامل

Antidumping Protection and Productivity Growth of Domestic Firms Antidumping Protection and Productivity Growth of Domestic Firms

We analyze the effects of European Antidumping (AD) protection on Total Factor Productivity (TFP) growth of import-competing domestic firms. We identified a panel of 1,793 European firms between 1993 and 2000 affected by AD cases that were initiated in 1996. Using a difference-indifference approach, we find evidence of increased TFP growth for those firms that filed for protection compared to f...

متن کامل

The Sources of Aggregate Productivity Growth

The sources of aggregate productivity growth are explored using detailed data for four-digit U.S. manufacturing industries during 1958-96 and a decomposition formula which allows to quantify the contribution of structural change. Labor productivity as well as total factor productivity are considered and the aggregation is performed with either value-added or employment shares. It is shown that ...

متن کامل

The Contribution of Agriculture to Economic and Productivity Growth of Iranian Economy

The historical experience of many developing countries show that many developing world has not paid enough attention and is not giving serious thought to its agricultural sector. In fact, nearly all the countries that have “undervalued” their agricultural sectors not only failed to grow rapidly, but they all encountered domestic food shortages, balance of payment crisis and some sort of politic...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Small Business Economics

سال: 2022

ISSN: ['1573-0913', '0921-898X']

DOI: https://doi.org/10.1007/s11187-022-00614-9