Size, Age and the Growth of Firms: New Evidence from Quantile Regressions

Authors

Roberta Distante, Fondazione Eni Enrico MatteiFollow
Ivan Petrella, Department of Economics, Mathematics and Statistics, Birkbeck, University of London
Emiliano Santoro, Department of Economics and Finance, Catholic University of Milan and Department of Economics, University of Copenhagen

Date of This Version

7-21-2014

Abstract

The nexus between firm growth, size and age in U.S. manufacturing is examined through the lens of quantile regression models. A number of interesting features are unveiled that linear frameworks could not detect. Size pushes both low and high performing firms towards the median rate of growth, while age is never advantageous, and more so as firms grow faster.

Recommended Citation

Distante, Roberta; Petrella, Ivan; and Santoro, Emiliano, "Size, Age and the Growth of Firms: New Evidence from Quantile Regressions" (July 21, 2014). Fondazione Eni Enrico Mattei Working Papers. Paper 970.
https://services.bepress.com/feem/paper970