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Title:Firm growth and productivity growth: evidence from a panel VAR PDF Logo
Authors:Coad, Alex
Broekel, Tom
Issue Date:2007
Series/Report no.:Jena economic research papers 2007,103
Abstract:This paper offers new insights into the processes of firm growth by applying a reducedform vector autoregression (VAR) model to longitudinal panel data on French manufacturing firms. We observe the co-evolution of key variables such as growth of employment, sales, and gross operating surplus, as well as growth of multifactor productivity. It seems that employment growth is negatively associated with subsequent growth of productivity. This latter result, however, is sensitive to our choice of productivity indicator, i.e. multifactor productivity or labour productivity.
Subjects:Firm Growth
Panel VAR
Productivity Growth
Industrial Dynamics
Nonparametric frontier analysis
JEL:L25
L20
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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