CORPORATE PRODUCTIVITY GROWTH: CHAMPIONS, LEADERS, AND LAGGARDS

Paul A. Geroski, Tobias Kretschmer () and Chris Walters

Economic Inquiry, 2009, vol. 47, issue 1, pages 1-17

Abstract: "This paper examines the relative productivity growth performance of a sample of large UK firms between 1986 and 1995. We find that superior productivity growth, however measured, is not persistent-firms with high productivity growth rates relative to (say) the average in 1 yr are as likely as not to display below-average performance in the following year. Studying the determinants of the length of time for which firms outperform their peers, we find that innovative firms carrying low debt who are relatively free from financial distress are likely to display whatever persistently superior performance we observe in the data. "("JEL "D24, O33, O4) Copyright (c) 2008 Western Economic Association International.

Date: 2009

Downloads: (external link)
http://www.blackwell-synergy.com/doi/abs/10.1111/j.1465-7295.2007.00115.x link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
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: http://EconPapers.repec.org/RePEc:bla:ecinqu:v:47:y:2009:i:1:p:1-17

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0095-2583

Access Statistics for this article

Economic Inquiry is edited by Preston McAfee

More articles in Economic Inquiry from Western Economic Association International
Contact information at EDIRC.
Series data maintained by Christopher F. Baum ().