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Breaking down the barriers to firmgrowth in Europe The fourth EFIGE policy report

Loris Rubini (), Klaus Desmet (), Facundo Piguillem () and Aranzazu Crespo

in Blueprints from Bruegel

Abstract: Large firms contribute disproportionately to the economic performance of countries- they are more productive, pay higher wages, enjoy higher profits and are more successful in international markets. The differences between European countries in terms of the size of their firms are stark. Firms in Italy and Spain, for example, are on average 40 percent smaller than firms in Germany. The low average firm size translates into a chronic lack of...

Date: Written 2012-08 Originally published 2012-08.
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