Is firm productivity related to size and age? The case of large Australian firms

被引：12

作者：

Palangkaraya A. ^{[1
]}

Stierwald A. ^{[1
]}

Yong J. ^{[1
]}

机构：

[1] Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, Melbourne

来源：

Journal of Industry, Competition and Trade | 2009年 / 9卷 / 2期

关键词：

Large firms in Australia; Productivity; Transition matrix; Translog cost function;

D O I：

10.1007/s10842-007-0028-4

中图分类号：

学科分类号：

摘要：

We investigate the relationship between productivity, size and age of large Australian firms employing more than 100 employees or holding assets in excess of $100 million. In addition, we also investigate the extent of productivity persistence among these firms by looking at transition matrices of productivity distribution and productivity-rank mobility. The empirical study is based on the IBISWorld database used to estimate translog cost function to measure (a residual based) productivity. We find evidence, though somewhat weak, that larger and older firms are on average less productive. Further, we find strong evidence for a high degree of inertia in terms of productivity ranking within an industry. © Springer Science+Business Media, LLC 2007.

引用

页码：167 / 195

页数：28

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