This article offers new insights into the processes of firm growth by applying a reduced-form Vector Autoregression (VAR) model to longitudinal panel data on French manufacturing firms. We observe the co-evolution of key variables such as growth of employment, sales and gross operating
surplus, as well as growth of multifactor productivity. It seems that employment growth is negatively associated with subsequent growth of productivity. This latter result, however, is sensitive to our choice of productivity indicator, i.e. multifactor productivity or labour productivity.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
Document Type: Research Article
Evolutionary Economics Group,Max Planck Institute of Economics, Kahlaische Strasse 10Jena D-07745, Germany
Faculty of Geosciences, Department of Economic Geography,Utrecht University, Utrecht, The Netherlands
Publication date: 2012-04-01
More about this publication?