Firm Size Matters: Growth and Productivity Growth in African Manufacturing
In a sample of manufacturing firms from nine sub-Saharan African countries, large firms are found to be extremely important. As in more developed economies, they achieve higher productivity levels and are more likely to survive. In contrast, the commonly found higher growth rates for small firms are not replicated in the African sample, and the distribution of firms changes very little over time. Firms are more likely to have started out large than to have grown to a large size. The labor market relocates workers toward the most productive firms, and this reinforces the importance of large firms for aggregate productivity growth. Formal credit institutions award most financing to large firms, and access to credit is positively correlated with productivity, even conditional on firm size.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
When requesting a correction, please mention this item's handle: RePEc:ucp:ecdecc:y:2005:v:53:i:3:p:545-83. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Journals Division)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.