The Nonlinear Relationship Between Firm Size and Growth in the Automotive Industry
العنوان: | The Nonlinear Relationship Between Firm Size and Growth in the Automotive Industry |
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المؤلفون: | Claudiu Tiberiu Albulescu, Matei Tămășilă, Ilie Mihai Taucean |
المصدر: | Journal of Industry, Competition and Trade. 21:445-463 |
بيانات النشر: | Springer Science and Business Media LLC, 2021. |
سنة النشر: | 2021 |
مصطلحات موضوعية: | Economics and Econometrics, Gibrat's law, Economies of agglomeration, business.industry, 05 social sciences, Automotive industry, Quantile regression, Nonlinear system, 0502 economics and business, Business, 050207 economics, 050203 business & management, Industrial organization, Quantile |
الوصف: | The automotive industry dominates the economy of the west part of Romania, making necessary the identification of firm growth drivers. Accordingly, the purpose of this paper is to analyse the nonlinear impact of firm size in influencing firm growth. To do so, we use a panel quantile regression with fixed effects for a set of 19 automotive companies over the period 2007–2015, while controlling for the role of research and development activities and firm’s financial performances. We show that firm size positively sustains firm growth at all quantiles, whereas this relationship is stronger for companies that grow less fast. Our findings are robust to the computation of firm growth and size based on different indicators and are not influenced by the agglomeration effect. |
تدمد: | 1573-7012 1566-1679 |
DOI: | 10.1007/s10842-021-00364-6 |
URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::a11da570104706364be5cf14f1b13a4a https://doi.org/10.1007/s10842-021-00364-6 |
Rights: | CLOSED |
رقم الانضمام: | edsair.doi...........a11da570104706364be5cf14f1b13a4a |
قاعدة البيانات: | OpenAIRE |
تدمد: | 15737012 15661679 |
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DOI: | 10.1007/s10842-021-00364-6 |