Arbeitspapier

Firm growth in multinational corporate groups

This paper formulates an econometric firm growth model that explicitly accounts for the interdependence of firm performance within corporate networks and is in line with several economic theories on firm growth. We estimate the model for national and multinational corporate groups (MNEs) using a recently introduced instrumental variable estimation procedure for peer group effects developed by Lee (2007). In our data for corporate groups the observation of fast growing young firms and slow growing old firms disappears if interdependence of firm performance within corporation networks is introduced.

Sprache
Englisch

Erschienen in
Series: Working Papers in Economics and Statistics ; No. 2008-10

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
Multinational Firms; International Business
Firm Performance: Size, Diversification, and Scope
Thema
firm growth
size adjustment
corporate groups
multinational activity
peer-group effect estimation
Unternehmenswachstum
Betriebsgröße
Unternehmenskooperation
Multinationales Unternehmen
Europa

Ereignis
Geistige Schöpfung
(wer)
Oberhofer, Harald
Pfaffermayr, Michael
Ereignis
Veröffentlichung
(wer)
University of Innsbruck, Department of Public Finance
(wo)
Innsbruck
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Oberhofer, Harald
  • Pfaffermayr, Michael
  • University of Innsbruck, Department of Public Finance

Entstanden

  • 2008

Ähnliche Objekte (12)