Does young firm growth persist? The role of firm age

被引：1

作者：

Capelleras, Joan-Lluis ^{[1
,3
]}

Federico, Juan S. ^{[2
]}

机构：

[1] Univ Autonoma Barcelona, Dept Business, Bellaterra, Spain

[2] Univ Nacl Gen Sarmiento, Inst Ind, Prodem, Los Polvorines, Argentina

[3] Univ Autonoma Barcelona, Dept Business, Bellaterra 08193, Spain

来源：

APPLIED ECONOMICS LETTERS | 2025年 / 32卷 / 10期

关键词：

Firm growth; growth persistence; firm age; young firms; L25; L26; M13;

D O I：

10.1080/13504851.2024.2302918

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study investigates serial correlation in growth rates of young firms. Specifically, we examine how past growth affects current growth and how this relationship is moderated by firm age. We use data from four cohorts of Spanish firms tracked over their first 10 years of operation. Results from regression analyses show a positive autocorrelation of growth rates. However, we also find that they become erratic with age. The study contributes to the literature by providing a nuanced view of growth autocorrelation in the case of young firms.

引用

页码：1353 / 1356

页数：4

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