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-gr...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/354231541772081338/High-Growth-Firms-Rising-Tide-Lifts-All-Boats http://hdl.handle.net/10986/30848 |
| 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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