Working Paper 05-21 - Business dynamism and productivity growth in Belgium

Michel Dumont

Working Papers from Federal Planning Bureau, Belgium

Abstract: This paper considers the evolution in business dynamism and its potential link with productivity growth in Belgium. Statistics on business creation, the exit of enterprises and within-industry reallocation are presented. Data on Belgian firms, covering the period 2003-2017, are used for a decomposition of productivity growth. The paper provides robust indications of the substantial contribution of productivity growth of start-ups in the early years after entry.

Keywords: Start-ups; Young firms; Reallocation; Efficiency; Productivity growth (search for similar items in EconPapers)
JEL-codes: D22 D24 L25 L26 M13 (search for similar items in EconPapers)
Date: 2021-05-28
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