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来源类型 | Article |
规范类型 | 其他 |
DOI | 10.1093/icc/dtw040 |
ISBN | 0960-6491 |
Growth processes of high-growth firms as a four-dimensional chicken and egg. | |
Coad, Alex; Cowling, Marc; Siepel, Josh | |
发表日期 | 2017-08-01 |
出处 | Industrial and Corporate Change |
出版者 | Oxford University Press |
出版年 | 2017 |
页码 | 537-554 |
语种 | 英语 |
摘要 | This article investigates whether high-growth firms grow in different ways from other firms. Specifically, we analyze how firms grow along several dimensions (growth of sales, employment, assets, and operating profits) using Structural Vector Autoregressions. Causal relations are identified by using information contained in the (non-Gaussian) growth rate distributions. For most firms, the growth process starts with employment growth, which is then followed by sales growth, then growth of operating profits, and finally growth of assets. In contrast, high growth firms put more emphasis on growth of operating profits driving other dimensions of growth, with employment growth occurring at the end. |
特色分类 | H Social Sciences (General)$HB0615 Entrepreneurship. Risk and uncertainty. Property$HB0848 Demography. Population. Vital events$HD0072 Economic development. Development economics. Economic growth |
URL | http://sro.sussex.ac.uk/id/eprint/63052/ |
来源智库 | Science Policy Research Unit (United Kingdom) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/468930 |
推荐引用方式 GB/T 7714 | Coad, Alex,Cowling, Marc,Siepel, Josh. Growth processes of high-growth firms as a four-dimensional chicken and egg.. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
dtw040.pdf(682KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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