High-Growth Firms Rising Tide Lifts All Boats
How do high-growth firms affect the rest of the economy? This paper explores this question using Hungarian administrative microdata. It finds evidence of stronger productivity growth for firms supplying and operating in industries with more high-growth firms. The surge of high-growth firms' dem...
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| Other Authors: | , |
| Format: | eBook |
| Language: | English |
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Washington, D.C
The World Bank
2018
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| Series: | World Bank E-Library Archive
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| Online Access: | |
| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| Summary: | How do high-growth firms affect the rest of the economy? This paper explores this question using Hungarian administrative microdata. It finds evidence of stronger productivity growth for firms supplying and operating in industries with more high-growth firms. The surge of high-growth firms' demand for intermediate inputs could explain this positive vertical spillover. Firms with intermediate productivity levels seem most likely to benefit from this effect. The results hold irrespective of the level of spatial aggregation |
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| Physical Description: | 28 pages |