Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/108199
Authors: 
Békés, Gábor
Halpern, László
Muraközy, Balázs
Year of Publication: 
2010
Series/Report no.: 
IEHAS Discussion Papers MT-DP - 2010/30
Abstract (Translated): 
In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only increase as a consequence of increasing within-firm efficiency, but also because of the quicker growth of more efficient firms, i.e. creative destruction. With analytical tools from recent literature we show that increasing firm-level efficiency was the main factor behind industry-level productivity growth in Hungary in this period, but creative destruction also played an important role.
Subjects: 
creative destruction
productivity
heterogeneity
JEL: 
D24
L25
O47
ISBN: 
978-615-5024-26-9
Document Type: 
Working Paper

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