Bericht

Testing Gibrat's Law for European Multinational Enterprises

This paper investigates the link between firm size and growth for European multinational enterprises based on the AMADEUS firm-level database. Using data for about 20,000 firms for the period 2000 2004, we find that firm size has a significant negative impact on firm growth of the multinational enterprises. This holds when growth and its level are measured in terms of employment or turnover. Estimates for seven broad industry groups reveal that the negative relationship can be observed in all industries with higher effects in business services and in the investment goods industry. Furthermore we find that the average year of foundation of the foreign affiliates has a positive impact on the growth of the parent companies.

Language
Englisch

Bibliographic citation
Series: FIW-Research Reports ; No. 014

Classification
Wirtschaft
Subject
Foreign Direct Investment

Event
Geistige Schöpfung
(who)
Falk, Martin
Event
Veröffentlichung
(who)
FIW - Research Centre International Economics
(where)
Vienna
(when)
2008

Handle
Last update
20.09.2024, 8:21 AM CEST

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Bericht

Associated

  • Falk, Martin
  • FIW - Research Centre International Economics

Time of origin

  • 2008

Other Objects (12)