Open Access

Determinants of Firm-Level Growth: Lessons from the Czech Republic, Hungary, and Poland

   | Jun 09, 2023

Cite

Anthonisen, N. 2016. Microeconomic shocks and macroeconomic fluctuations in a dynamic network economy. Journal of macroeconomics 47: 233–254. Search in Google Scholar

Baumöhl, E., Iwasaki, I. and Kočenda, E. 2019. Institutions and determinants of firm survival in European emerging markets, Journal of Corporate Finance 58: 431-453. Search in Google Scholar

Beck, T. Demirguc-Kunt, A. & Maksimovic, V. 2005. Financial and legal constraints to growth: Does firm size matter? The Journal of Finance 60 (1): 137–177. Search in Google Scholar

Bentzen, J., Madsen, E. and Smith, V. 2012. Do firms’ growth rates depend on firm size? Small Business Economics 39 (4): 937–947. Search in Google Scholar

Burger, A., Damijan, Jože P, Kostevc, Č. and Rojec, M. 2017. Determinants of firm performance and growth during economic recession: The case of Central and Eastern European countries, Economic Systems 41 (4): 569-590. Search in Google Scholar

Carvalho, V. M. and Grassi, B. 2019. Large firm dynamics and the business cycle. The American Economic Review 109 (4): 1375–1425. Search in Google Scholar

Distante, R., Petrella, I. and Santoro, E. 2018. Gibrat’s law and quantile regressions: An application to firm growth. Economics Letters 164: 5 – 9. Search in Google Scholar

Djankov, S., Hart, O., McLiesh, C. and Shleifer, A. 2008. Debt enforcement around the world. Journal of Political Economy 116 (6): 1105–1149. Search in Google Scholar

Gabaix, X. 2011. The granular origins of aggregate fluctuations. Econometrica 79 (3): 733–772. Search in Google Scholar

di Giovanni, J., Levchenko, A. A. and Mejean, I. 2014. Firms, Destinations, and Aggregate Fluctuations. Econometrica 82 (4): 1303-1340. Search in Google Scholar

Kim, P. H. and Robert, J. P. 2010. Age effects, leverage and firm growth. Journal of Economic Dynamics and Control 34 (5): 1003–1013. Search in Google Scholar

Kudlyak, M. and Sanchez, J. 2017. Revisiting the behavior of small and large firms during the 2008 financial crisis, Journal of Economic Dynamics and Control 77: 48-69. Search in Google Scholar

Laeven, L., Levine, R. and Michalopoulos. S. 2015. Financial innovation and endogenous growth. Journal of Financial Intermediation 24 (1): 1 – 24. Search in Google Scholar

Lee, J. 2009. Does size matter in firm performance? evidence from us public firms. International Journal of the Economics of Business 16 (2): 189–203. Search in Google Scholar

Mertzanis, C. 2017. Ownership structure and access to finance in developing countries. Applied Economics 49 (32): 3195 – 3213. Search in Google Scholar

Navaretti, G. B., Castellani, D. and Pieri, F. 2014. Age and firm growth: evidence from three European countries. Small Business Economics 43 (4): 823–837. Search in Google Scholar

Quader, S. 2017. Differential effect of liquidity constraints on firm growth. Review of Financial Economics 32: 20–29. Search in Google Scholar

Peric, M., Vitezic, V. and Peric, Hadzic, A. 2020. Firm size – firm growth relationship during economic crisis. Economic Thought and Practice 29 (1): 29-53. Search in Google Scholar

Rajan, R. G. and Zingales, L. 1998. Financial Dependence and Growth. The American Economic Review 88 (3): 559–586. Search in Google Scholar

Samuels, J. M. 1965. Size and The Growth of Firms, Review of Economic Studies 32 (2): 105-112. Search in Google Scholar

Srhoj, S., Zupic, I. and Jaklic, M. 2018. Stylised facts about Slovenian high-growth firms. Economic Research-Ekonomska Istra-Zivanja 31 (1): 1851–1879. Search in Google Scholar

Stella, A. 2015. Firm dynamics and the origins of aggregate fluctuations. Journal of Economic Dynamics and Control, 55: 71–88. Search in Google Scholar

Variyam, J. N. and Kraybill, D. 1992. Empirical evidence on determinants of firm growth. Economics Letters 38 (1): 31–36. Search in Google Scholar

Zajc, K. and Ponikvar, N. 2011. What Drives Firm Growth? Comparing Factors of Intensive and Extensive Firm Growth. Paper presented at 8th International Conference Economic Integration, Competition and Cooperation, Opatija, April. Search in Google Scholar

eISSN:
2233-1999
Language:
English
Publication timeframe:
2 times per year
Journal Subjects:
Business and Economics, Business Management, other, Political Economics