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One swallow does not make a summer:Episodes and persistence in high-growth

Silviano Esteve-Pérez, Fabio Pieri () and Diego Rodriguez
Authors registered in the RePEc Author Service: Silviano Esteve-Pérez ()

No eee2020-03, Studies on the Spanish Economy from FEDEA

Abstract: This paper analyzes the episodes (spells) of high-growth in firm size and tracks their length in a sample of Spanish manufacturing firms observed over about two decades. The use of duration models allows us (i) to take a year-on-year perspective in the analysis of episodes and persistence in high-growth, (ii) to study the determinants of the transitions to and from the high-growth state, and (iii) to check if these factors change their role across the business cycle.

Date: 2020-01
New Economics Papers: this item is included in nep-bec, nep-eur and nep-sbm
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