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DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | van Phu, Nguyen | en |
dc.contributor.author | Kaiser, Ulrich | en |
dc.contributor.author | Laisney, François | en |
dc.date.accessioned | 2009-02-16T14:54:53Z | - |
dc.date.available | 2009-02-16T14:54:53Z | - |
dc.date.issued | 2000 | - |
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 |
dc.language.iso | eng | en |
dc.publisher | |aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheim | en |
dc.relation.ispartofseries | |aZEW Discussion Papers |x00-32 | en |
dc.subject.jel | C14 | en |
dc.subject.jel | C23 | en |
dc.subject.jel | L89 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Markov chain | en |
dc.subject.keyword | service sector | en |
dc.subject.keyword | business survey | en |
dc.subject.keyword | firm performance | en |
dc.subject.keyword | multinomial logit model | en |
dc.subject.keyword | generalized additive model | en |
dc.subject.stw | Unternehmensdienstleistung | en |
dc.subject.stw | Unternehmensentwicklung | en |
dc.subject.stw | Unternehmenswachstum | en |
dc.subject.stw | Erfolgsfaktor | en |
dc.subject.stw | Branchenentwicklung | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Deutschland | en |
dc.title | The performance of German firms in the business-related service sectors : a dynamic analysis | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 85537716X | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:zewdip:5315 | en |
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