FEEM working papers "Note di lavoro" series
2014 .069

Size, Age and the Growth of Firms: New Evidence from Quantile Regressions


Authors: Roberta Distante, Ivan Petrella, Emiliano Santoro
Series: Economy and Society
Editor: Giuseppe Sammarco
Keywords: Firm Growth, Size, Age, Conditional Quantile
JEL n.: C14, L1

Abstract

The nexus between firm growth, size and age in U.S. manufacturing is examined through the lens of quantile regression models. A number of interesting features are unveiled that linear frameworks could not detect. Size pushes both low and high performing ?firms towards the median rate of growth, while age is never advantageous, and more so as fi?rms grow faster.

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Suggested citation: Distante, R., I. Petrella, E. Santoro, (2014), 'Size, Age and the Growth of Firms: New Evidence from Quantile Regressions', Nota di Lavoro 69.2014, Milan, Italy: Fondazione Eni Enrico Mattei.

 

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