Growing by learning: firm-level evidence on the size-productivity nexus
Abstract A well-known empirical regularity is that small firms are less productive than large firms. However, does size cause productivity or vice versa? Using firm-level administrative data for Spain, I find that productivity shocks are followed by significant increases in size defined by employmen...
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| Format: | Article |
| Language: | English |
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SpringerOpen
2018-03-01
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| Series: | SERIEs: Journal of the Spanish Economic Association |
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| Online Access: | http://link.springer.com/article/10.1007/s13209-018-0176-2 |