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Business Growth, Size and Age: Evidence from the Business Longitudinal Survey (BLS) Data in Australia

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  • Mita Bhattacharya

Abstract

type="main"> Despite the important role small and medium-sized enterprises (SMEs) play in the Australian economy, little is known from empirical literature on the formation, growth and frequent dissolution of these businesses. Considering the dynamics of business behaviour, this article analyses the performance, business formation (or dissolution) and variability of growth. Using only available Business Longitudinal Survey (BLS) data from the Australian Bureau of Statistics (ABS), manufacturing businesses are considered for the analysis. Firm growth, the variability of firm growth and the probability that a firm will fail (or survive) depend on firm age. Incorporating the age for Australian businesses, we are able to explain the importance of maturity in analysing growth and survival process of SMEs.

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  • Mita Bhattacharya, 2014. "Business Growth, Size and Age: Evidence from the Business Longitudinal Survey (BLS) Data in Australia," Australian Economic Papers, Wiley Blackwell, vol. 53(3-4), pages 129-138, December.
    • Handle: RePEc:bla:ausecp:v:53:y:2014:i:3-4:p:129-138
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    File URL: http://hdl.handle.net/10.1111/1467-8454.12027
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    1. Harry Bloch & Mita Bhattacharya, 2016. "Promotion of Innovation and Job Growth in Small- and Medium-Sized Enterprises in Australia: Evidence and Policy Issues," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 49(2), pages 192-199, February.

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