The Economic Contribution of High-Growth Firms: Do Definitions Matter?

Sven-Olov Daunfeldt, Niklas Elert () and Dan Johansson

No 151, Ratio Working Papers from The Ratio Institute

Abstract: Prior studies have defined high-growth firms (HGFs) in terms of sales or employment, and analyzed their contribution to employment growth. We define HGFs by employment and sales and add definitions of value added and productivity. We examine the contribution of HGFs to employment growth, economic growth, productivity growth, and sales growth. All HGFs give a disproportionately large positive contribution to economic growth and most also give large positive contributions to growth in employment, productivity and sales. Although HGFs of different definitions are usually not the same firms, young firms are more likely to be HGFs irrespective of definition.

Keywords: Gazelles; Firm growth; High-impact firms (search for similar items in EconPapers)
JEL-codes: D24 L25 L26 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2010-05-10
New Economics Papers: this item is included in nep-cse, nep-ent and nep-sbm
References: Add references at CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
http://ratio.se/app/uploads/2014/11/sod_ne_dj_contribution_151.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://ratio.se/app/uploads/2014/11/sod_ne_dj_contribution_151.pdf [308 Permanent Redirect]--> https://ratio.se/app/uploads/2014/11/sod_ne_dj_contribution_151.pdf)

Related works:
Working Paper: The economic contribution of high-growth firms: Do definitions matter? (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:ratioi:0151

Access Statistics for this paper

More papers in Ratio Working Papers from The Ratio Institute The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Martin Korpi ().