Size, Age and the Growth of Firms: New Evidence from Quantile Regressions
Date
21.07.2014
21.07.2014
Authors
Roberta Distante, Ivan Petrella, Emiliano Santoro
JEL Code
C14, L1
C14, L1
Keywords:
Firm Growth, Size, Age, Conditional Quantile
Firm Growth, Size, Age, Conditional Quantile
Publisher
Economy and Society
Economy and Society
Editor
Giuseppe Sammarco
Giuseppe Sammarco
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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