Growth of firms in developing countries, evidence from Côte d'Ivoire

Sleuwaegen, Leo; Goedhuys, Micheline

doi:10.1016/s0304-3878(02)00008-1

Cited by 202 publications

(165 citation statements)

References 35 publications

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“…These evidences suggest that for some countries there can be a positive correlation between size and growth. Using a sample of Côte d´Ivoire firms, Sleuwaegen and Goedhuys (2002) find positive correlation between growth and size that is consistent with the bimodal distribution.…”

Section: Introductionsupporting

confidence: 62%

“…Following Evans (1987) and Sleuwaegen and Goedhuys (2002), the basic model of growth can be stated as…”

Section: Growth Analysismentioning

confidence: 99%

“…Evans (1987) and Sleuwaegen and Goedhuys (2002), use a logarithm approach such as G (S t , A t ,X, ) = g (S t , A t ) × exp(bX) × . However, some other authors use different forms.…”

Section: Growth Analysismentioning

confidence: 99%

“…This is done to account for non-linearity in the effect of size. As in Sleuwaegen and Goedhuys (2002) we included the age of the firm and the square of this variable to allow for diminishing returns on the learning process. The econometric models used for the analysis of growth are: F irm Growth = α + λ Size + ϕ 1 Age + ϕ 2 Age 2 + β Institutional Index +γ controls (Model 2a)…”

Section: Growth Analysismentioning

confidence: 99%

“…This article pursues the same path of Beck et al (2005) and Sleuwaegen and Goedhuys (2002). We study the determinants of growth for Brazilian firms and their relation with institutional development at the federal states level.…”

Section: Introductionmentioning

confidence: 99%

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The effect of institutional development on the growth of Brazilian firms

Carvalho¹

2008

Rev. Bras. Econ.

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Este artigo foca nos determinantes da taxa de crescimento das firmas no Brasil. Em particular, investigamos as características individuais das empresas que determinam o seu crescimento, como o desenvolvimento institucional afeta a performance da firma e como o desenvolvimento institucional afeta de maneira diversa pequenas e grandes empresas. Nossos resultados, consistentemente com os modelos de crescimento, indicam que taxas de crescimento decrescem com a idade e tamanho da empresa. Conforme o esperado, empresas que pertencem a um grupo econômico, exportam ou mantêm operações no exterior crescem mais rapidamente. Crescimento é negativamente correlacionado com lucratividade. Observamos também que fraco desenvolvimento institucional, mensurado em termos de corrupção e ineficiência do sistema judiciário e baixo desenvolvimento financeiro, tem impacto negativo sobre o crescimento das empresas. O impacto negativo da corrupção e ineficiência do sistema judiciário é mais acentuado em firmas menores. As grandes empresas são as que mais se beneficiam do desenvolvimento financeiro. No geral, nossos resultados indicam que o desenvolvimento institucional pode ser um mecanismo importante para a promoção do crescimento. Além do mais, o baixo desenvolvimento institucional tem o efeito perverso de promover a concentração. This article focuses on the determinants of firm's growth in Brazil. In particular it investigates the individual characteristics of firm that determine its

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Section: Introductionsupporting

confidence: 62%

“…Following Evans (1987) and Sleuwaegen and Goedhuys (2002), the basic model of growth can be stated as…”

Section: Growth Analysismentioning

confidence: 99%

“…Evans (1987) and Sleuwaegen and Goedhuys (2002), use a logarithm approach such as G (S t , A t ,X, ) = g (S t , A t ) × exp(bX) × . However, some other authors use different forms.…”

Section: Growth Analysismentioning

confidence: 99%

Section: Growth Analysismentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

The effect of institutional development on the growth of Brazilian firms

Carvalho¹

2008

Rev. Bras. Econ.

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Threshold investment and firm viability: Evidence from commercial poultry farms in Nigeria

2020

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Rapidly increasing demand for animal protein in many countries in the Global South has generated an expansion of the poultry subsector. This sector is typically diverse, ranging from small backyard farms to commercial farms of varying sizes. As the subsector expands, little is known about the performance or viability of different sizes of operation. Is there a minimum investment required to establish a viable commercial farm? Focusing on Nigeria, Africa's largest economy and most populous country, this study uses nonparametric statistics, transition matrices, and parametric estimations to identify the equilibrium poultry farm size. We find consistent evidence of multiple equilibria, particularly a high‐ and low‐stable equilibrium separated by a threshold between small and large farms. Farms are highly likely to remain in the size category in which they begin; small poultry farms are unlikely to cross the threshold and transition to large ones. We also find that larger farms are better able to withstand a price shock than smaller farms, which are more likely to cease operations in the event of a shock. These underlying dynamics should be given due consideration by governments, donors and private sector as they enter the industry or encourage others to engage in it [EconLit citations: O12‐Microeconomic Analyses of Economic Development, L11‐Production, Pricing, and Market Structure • Size Distribution of Firms, Q12‐Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets].

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The effect of environmental centralisation on productivity: Evidence from an administrative reform in China

Li,

Yang

2023

J of Intl Development

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This paper adopts a novel institutional perspective—environmental centralisation—to examine its impact on firm productivity in developing countries. In 2008, China's State Environmental Protection Administration was upgraded to the Ministry of Environmental Protection (MEP). This administrative reform strengthened the central government's ability to protect the environment, enabling it to address more environmental affairs and concentrate on environmental rights. Based on the quasi‐natural experiment of the establishment of the MEP, this study takes a new perspective on the impact of environmental centralisation on productivity. The difference‐in‐difference‐in‐difference approach is used for the first time to estimate the impact of environmental centralisation on productivity. We find that environmental centralisation caused by the establishment of the MEP significantly increased the productivity of heavily polluting companies, and a series of robustness tests confirm that the results are credible. We identify three possible mechanisms, namely, facilitating innovation, curbing rent‐seeking behaviour and inhibiting over‐investments. The policy implication of this study is that the effectiveness of environmental policy depends not only on the policy itself but also on the allocation of environmental rights among different levels of government.

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Growth of firms in developing countries, evidence from Côte d'Ivoire

Cited by 202 publications

References 35 publications

The effect of institutional development on the growth of Brazilian firms

The effect of institutional development on the growth of Brazilian firms

Threshold investment and firm viability: Evidence from commercial poultry farms in Nigeria

The effect of environmental centralisation on productivity: Evidence from an administrative reform in China

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