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Impeded Industrial Restructuring: The Growth Penalty AgEcon
Audretsch, David B.; Carree, M.A.; van Stel, A.J.; Thurik, A.R..
This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greater share of economic activity. Not all countries, however, are experiencing the same shift in their industrial structures. Very little is known about the cost of resisting this restructuring process. The goal of this paper is to identify whether there is a cost, measured in terms of forgone growth, of an impeded restructuring process. The cost is measured by linking growth rates of OECD countries to deviations from the optimal industrial structure. The empirical evidence suggests that countries impeding the restructuring process pay a...
Tipo: Working or Discussion Paper Palavras-chave: Industry structure; Firm size distribution; Entrepreneurship; Economic growth; Industrial Organization; O11; L11.
Ano: 2000 URL: http://purl.umn.edu/26254
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Firm Size Distribution and Performance of Maize and Fertilizer Traders After Market Liberalisation: Evidence from Kenya AgEcon
Mose, Lawrence Obae; Burger, Kees.
Improvement in the performance of agricultural markets was the ultimate goal of market liberalisation. In this paper, firm (trader) size distribution as a factor influencing market performance is analyzed using maize and fertilizer traders from Kenya. Firm size distribution was assessed by analyzing the normality of the distribution on volume traded. Performance was assessed by the level of competition (using Hirschman-Herfindahl index), marketing margins and marketing costs. Results show that firm size distribution for both commodities is log-normally distributed but positively skewed indicating a tendency towards smaller than larger firms. A plausible explanation is that faced with inadequate financial resources and inadequate business experience, new...
Tipo: Conference Paper or Presentation Palavras-chave: Liberalisation; Firm size distribution; Costs; Margins; Agribusiness; International Relations/Trade; D4; L1; Q12; Q13; Q18.
Ano: 2006 URL: http://purl.umn.edu/25533
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