From Productivity to Firm Growth
نویسندگان
چکیده
It is widely held that more productive firms grow faster, thus reallocating resources and raising aggregate productivity. Yet little empirical research identifies the features of mechanisms affecting this process. This paper develops tests a general model encompassing several used to overcome informational frictions growth. We find firm size, productivity dispersion, large investments in intangibles are all significantly related changes growth response These factors can account for much decline since 2000 (Decker et al. 2020). Also, industry concentration directly
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ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2021
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.3862796