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dc.contributor.authorCoad, Alexen
dc.contributor.authorHölzl, Werneren
dc.date.accessioned2010-03-30-
dc.date.accessioned2010-05-20T14:38:01Z-
dc.date.available2010-05-20T14:38:01Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/32646-
dc.description.abstractRecent research has led to the empirical regularity that firm growth rate distributions are heavy tailed. This finding implies that a few firms experience spectacular growth rates and decline, but that most firms have marginal growth rates. The literature on high growth firms shows that high growth firms are the central drivers of job creation in the economy but that these firms are neither clustered in high technology sectors nor are these firms necessarily young and small. The evidence on the determinants of firm growth confirms that firm growth is difficult to predict. The finding that firm growth is well approximated by a random process does not only reflect the heterogeneity at the firm level but is also associated with the low persistence of growth rates over time.en
dc.language.isoengen
dc.publisher|aMax Planck Institute of Economics |cJenaen
dc.relation.ispartofseries|aPapers on Economics and Evolution |x1002en
dc.subject.jelL11en
dc.subject.jelL25en
dc.subject.ddc330en
dc.subject.keywordfirm growthen
dc.titleFirm growth: Empirical analysis-
dc.typeWorking Paperen
dc.identifier.ppn622801546en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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