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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/24378
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | van Phu, Nguyen | | en_US |
| dc.contributor.author | | Kaiser, Ulrich | | en_US |
| dc.contributor.author | | Laisney, François | | en_US |
| dc.date.accessioned | | 2009-02-16T14:54:53Z | | - |
| dc.date.available | | 2009-02-16T14:54:53Z | | - |
| dc.date.issued | | 2000 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/24378 | | - |
| dc.description.abstract | | We analyze the performance of firms in the German business-related services sector. A quarterly business survey provides the panel data base of our study. Firm performance is measured by the survey respondents? ordinal indication of their changes in total sales. We use a firstorder Markov chain and a multinomial logit specification to model the transition probabilitites. Three variants of the model are estimated: a linear index model with and without unobserved firm heterogeneity and a semiparametric model. Main results are that firm size has a positive effect on firm performance, that young firms outperform older competitors, that a bank-relationship with a single creditor has a stabilizing effect and that the degree of diversification has a negative impact on firm performance. The legal status appears to have no significant effect. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Zentrum für Europäische Wirtschaftsforschung (ZEW) Mannheim | | - |
| dc.relation.ispartofseries | | ZEW Discussion Papers 00-32 | | en_US |
| dc.subject.jel | | C14 | | en_US |
| dc.subject.jel | | C23 | | en_US |
| dc.subject.jel | | L89 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Markov chain | | en_US |
| dc.subject.keyword | | service sector | | en_US |
| dc.subject.keyword | | business survey | | en_US |
| dc.subject.keyword | | firm performance | | en_US |
| dc.subject.keyword | | multinomial logit model | | en_US |
| dc.subject.keyword | | generalized additive model | | en_US |
| dc.subject.stw | | Unternehmensdienstleistung | | en_US |
| dc.subject.stw | | Unternehmensentwicklung | | en_US |
| dc.subject.stw | | Unternehmenswachstum | | en_US |
| dc.subject.stw | | Erfolgsfaktor | | en_US |
| dc.subject.stw | | Branchenentwicklung | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | Deutschland | | en_US |
| dc.title | | The performance of German firms in the business-related service sectors : a dynamic analysis | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 321216806 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:zewdip:5315 | | - |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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