Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/176805
Authors: 
Arouri, Hassan
Ben Youssef, Adel
Quatraro, Francesco
Vivarelli, Marco
Year of Publication: 
2018
Series/Report no.: 
GLO Discussion Paper 197
Abstract: 
The aim of this paper is to investigate the growth dynamics of young small firms (in contrast with larger and older incumbents) in a developing country context, using a unique and comprehensive dataset of non-agricultural Tunisian companies. Our results suggest that significant differences between young and mature firms can be found as far as the drivers of their growth are concerned. The key finding being that - while consistently with the extant literature Gibrat’s law is overall rejected - the negative impact of the initial size is significantly larger for young than mature firms. This result has interesting policy implications: since smaller young firms are particularly conducive to employment generation, they can be considered good candidate for targeted accompanying policies addressed to sustain their post-entry growth.
Subjects: 
firm’s growth
young firms
Gibrat’s law
Tunisia
JEL: 
O12
L26
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.