UCL logo

UCL Discovery

UCL home » Library Services » Electronic resources » UCL Discovery

Growth and size of firms

Hart, P.E.; Oulton, N.; (1996) Growth and size of firms. The Economic Journal , 106 (438) pp. 1242-1252.

Full text not available from this repository.

Abstract

We use a dataset of 87,000 independent UK companies to investigate the relationship between firm size and growth. For the sample as a whole, a Galton-Markov model of regression towards the mean shows that growth is negatively related to initial size. However, when the sample is broken down by size group, we find that regression towards the mean only occurs for the smallest firms, e.g. those with eight employees or less. For larger firms, there is essentially no relationship between growth and size. Even for the smallest firm, our results may be due to transitory factors.

Type: Article
Title: Growth and size of firms
Publisher version: http://www3.interscience.wiley.com/journal/1179846...
Language: English
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of SandHS > Dept of Economics
URI: http://discovery.ucl.ac.uk/id/eprint/17962
Downloads since deposit
0Downloads
Download activity - last month
Download activity - last 12 months
Downloads by country - last 12 months

Archive Staff Only

View Item View Item