Search results for "jel:O14"
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ECONOMY OF SIBIU COUNTY. RESOURCES FOR A FUTURE DEVELOPMENT
2015
Economically, the County of Sibiu has been characterized, especially after 2007, by an accelerated speed of development, the recorded increase pushing our County among the most dynamic economies at regional and national level as well. The present paper aims at analyzing the specificity of the economic development of Sibiu County, namely to identify the resources of the obtained economic progress. The purpose of this study also consists in identifying new opportunities for the local economy, outlining new sources of development that are more important as competition, both at regional and national level, is tighter and tighter.
Firm Lifecycles and External Restructuring
2011
This paper studies how firms contribute to the productivity growth of an industry over their lifecycle. We present a decomposition method that allows us to condition the components of productivity growth on the age of production units. We find evidence for a prolonged positive exit effect that mirrors market selection during the early stages of firms lifecycle. This effect is tightly related to the negative initial productivity effect of entry. We also find some evidence that productivity-enhancing reallocation of resources between firms is concentrated on the middle aged firms.