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

Author

Listed:
  • Michel Dumont

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.

Suggested Citation

  • Michel Dumont, 2021. "Working Paper 05-21 - Business dynamism and productivity growth in Belgium," Working Papers 202105, Federal Planning Bureau, Belgium.
    • Handle: RePEc:fpb:wpaper:202105
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    File URL: https://www.plan.be/uploaded/documents/202105270757390.WP_2105_12427.pdf
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    More about this item

    Keywords

    Start-ups; Young firms; Reallocation; Efficiency; Productivity growth;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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