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Firm Dynamics in Transition

Saao Polanec

出版	SSRN, 2007
URL	http://books.google.com.hk/books?id=2gjUzgEACAAJ&hl=&source=gbs_api

註釋

This paper analyzes the firm dynamics during the process of transition. We show how firm size distribution has transformed over the course of transition and relate this evolution to theoretical contributions of different models. We find that the model of firm dynamics by Cooley and Quadrini (2003) is consistent with many empirical regularities observed during transformation. In particular, dynamics is affected by financing constraints and the speed of adjustment of productivity of large firms.