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
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Englisch
- Bibliographic citation
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Series: FIW-Research Reports ; No. 014
- Classification
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Wirtschaft
- Subject
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Foreign Direct Investment
- Event
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Geistige Schöpfung
- (who)
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Falk, Martin
- Event
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Veröffentlichung
- (who)
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FIW - Research Centre International Economics
- (where)
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Vienna
- (when)
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2008
- Handle
- Last update
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20.09.2024, 8:21 AM CEST
Data provider
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