Financial Determinants of Firm Dynamics: Evidence from a European Panel
Date
2010
Authors
Brueckner, M.
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Journal article
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Economics Letters, 2010; 107(1):63-65
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Markus Brückner
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Abstract
I use a panel of large European firms for the period 1999–2007 to study scale dependence in firm dynamics. I find that scale dependence is much more pronounced when focusing on within-firm rather than between-firm variation and that scale dependence is a decreasing function of financial development.
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Copyright © 2011 Elsevier B.V. All rights reserved.