Verlag:
Institute of Economics, Hungarian Academy of Sciences, Budapest
In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only increase as a...
mehr
ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
Signatur:
DS 151 (2010,30)
Fernleihe:
keine Fernleihe
In this paper we investigate the relationship between productivity growth and firm dynamics using firm-level data between 1992 and 2006. Theories emphasising firm-level heterogeneity show that industry-level productivity may not only increase as a consequence of increasing within-firm efficiency, but also because of the quicker growth of more efficient firms, i.e. creative destruction. With analytical tools from recent literature we show that increasing firm-level efficiency was the main factor behind industry-level productivity growth in Hungary in this period, but creative destruction also played an important role. -- creative destruction ; productivity ; heterogeneity
