Drivers of firm growth: micro-evidence from Indian manufacturing

This paper investigates the determinants of firm growth for Indian manufacturing enterprises. The study uses the data obtained from the Prowess database, provided by the Centre for Monitoring Indian Economy (CMIE), covering the period 1991–2010. The study explores the growth of Indian manufacturing...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Journal of evolutionary economics 2017-07, Vol.27 (3), p.585-611
1. Verfasser: Mathew, Nanditha
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page 611
container_issue 3
container_start_page 585
container_title Journal of evolutionary economics
container_volume 27
creator Mathew, Nanditha
description This paper investigates the determinants of firm growth for Indian manufacturing enterprises. The study uses the data obtained from the Prowess database, provided by the Centre for Monitoring Indian Economy (CMIE), covering the period 1991–2010. The study explores the growth of Indian manufacturing firms with respect to 1) its cross-sectional distribution, 2) its dynamics over time, and 3) its determinants. The cross-sectional distributional analysis exhibits high levels of heterogeneity in firm growth patterns, even across firms operating within the same sector, which increases over time. The inter-temporal dynamics observed with the help of transition probabilities matrices suggests that firm growth rates are not highly persistent in time, which is in contrast with the evidence from developed countries. It also reveals the coexistence of firms with very different characteristics and performance within sectors. Given the wide heterogeneity and non-persistent behavior of firm growth rates, this paper resorts to quantile regression analysis to identify the differential effect of regressors at different deciles of the conditional distribution.
doi_str_mv 10.1007/s00191-017-0492-x
format Article
fullrecord <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_1916630634</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>1916630634</sourcerecordid><originalsourceid>FETCH-LOGICAL-c424t-67c21544046c5730f9f39f37129115b6cd458b9c9e43604fd82419c98c2d689a3</originalsourceid><addsrcrecordid>eNp1kE9LAzEQxYMoWKsfwFvAc3TyZ5ONJ6VWLRS86Dlss0lNcXdrslvrtzdlPXgRBoaB92bm_RC6pHBNAdRNAqCaEqCKgNCM7I_QhArOCOWlPEYT0FwSrbk6RWcpbQCgYKAm6O4hhp2LCXce-xAbvI7dV_9-i5tgY0fcLtSutQ772DV40dahanFTtYOvbD_E0K7P0YmvPpK7-O1T9PY4f509k-XL02J2vyRWMNETqSyjhRAgpC0UB689z6Uo05QWK2lrUZQrbbUTXILwdckEzWNpWS1LXfEpuhr3bmP3ObjUm003xDafNDm4lBwkF1lFR1V-PqXovNnG0FTx21AwB1BmBGUyKHMAZfbZw0ZP2h4Cufhn87-mHzJdae4</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1916630634</pqid></control><display><type>article</type><title>Drivers of firm growth: micro-evidence from Indian manufacturing</title><source>Business Source Complete (BSC) 商管财经类全文数据库(完整版)</source><source>SpringerLink (Online service)</source><creator>Mathew, Nanditha</creator><creatorcontrib>Mathew, Nanditha</creatorcontrib><description>This paper investigates the determinants of firm growth for Indian manufacturing enterprises. The study uses the data obtained from the Prowess database, provided by the Centre for Monitoring Indian Economy (CMIE), covering the period 1991–2010. The study explores the growth of Indian manufacturing firms with respect to 1) its cross-sectional distribution, 2) its dynamics over time, and 3) its determinants. The cross-sectional distributional analysis exhibits high levels of heterogeneity in firm growth patterns, even across firms operating within the same sector, which increases over time. The inter-temporal dynamics observed with the help of transition probabilities matrices suggests that firm growth rates are not highly persistent in time, which is in contrast with the evidence from developed countries. It also reveals the coexistence of firms with very different characteristics and performance within sectors. Given the wide heterogeneity and non-persistent behavior of firm growth rates, this paper resorts to quantile regression analysis to identify the differential effect of regressors at different deciles of the conditional distribution.</description><identifier>ISSN: 0936-9937</identifier><identifier>EISSN: 1432-1386</identifier><identifier>DOI: 10.1007/s00191-017-0492-x</identifier><language>eng</language><publisher>Berlin/Heidelberg: Springer Berlin Heidelberg</publisher><subject>Companies ; Corporate growth ; Developed countries ; Economic Growth ; Economic Theory/Quantitative Economics/Mathematical Methods ; Economics ; Economics and Finance ; Entrepreneurship ; Institutional/Evolutionary Economics ; Manufacturing ; Matrices ; Microeconomics ; R &amp; D/Technology Policy ; Regression analysis ; Regular Article</subject><ispartof>Journal of evolutionary economics, 2017-07, Vol.27 (3), p.585-611</ispartof><rights>Springer-Verlag Berlin Heidelberg 2017</rights><rights>Journal of Evolutionary Economics is a copyright of Springer, 2017.</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c424t-67c21544046c5730f9f39f37129115b6cd458b9c9e43604fd82419c98c2d689a3</citedby><cites>FETCH-LOGICAL-c424t-67c21544046c5730f9f39f37129115b6cd458b9c9e43604fd82419c98c2d689a3</cites><orcidid>0000-0002-2781-8115</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://link.springer.com/content/pdf/10.1007/s00191-017-0492-x$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s00191-017-0492-x$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>314,776,780,27901,27902,41464,42533,51294</link.rule.ids></links><search><creatorcontrib>Mathew, Nanditha</creatorcontrib><title>Drivers of firm growth: micro-evidence from Indian manufacturing</title><title>Journal of evolutionary economics</title><addtitle>J Evol Econ</addtitle><description>This paper investigates the determinants of firm growth for Indian manufacturing enterprises. The study uses the data obtained from the Prowess database, provided by the Centre for Monitoring Indian Economy (CMIE), covering the period 1991–2010. The study explores the growth of Indian manufacturing firms with respect to 1) its cross-sectional distribution, 2) its dynamics over time, and 3) its determinants. The cross-sectional distributional analysis exhibits high levels of heterogeneity in firm growth patterns, even across firms operating within the same sector, which increases over time. The inter-temporal dynamics observed with the help of transition probabilities matrices suggests that firm growth rates are not highly persistent in time, which is in contrast with the evidence from developed countries. It also reveals the coexistence of firms with very different characteristics and performance within sectors. Given the wide heterogeneity and non-persistent behavior of firm growth rates, this paper resorts to quantile regression analysis to identify the differential effect of regressors at different deciles of the conditional distribution.</description><subject>Companies</subject><subject>Corporate growth</subject><subject>Developed countries</subject><subject>Economic Growth</subject><subject>Economic Theory/Quantitative Economics/Mathematical Methods</subject><subject>Economics</subject><subject>Economics and Finance</subject><subject>Entrepreneurship</subject><subject>Institutional/Evolutionary Economics</subject><subject>Manufacturing</subject><subject>Matrices</subject><subject>Microeconomics</subject><subject>R &amp; D/Technology Policy</subject><subject>Regression analysis</subject><subject>Regular Article</subject><issn>0936-9937</issn><issn>1432-1386</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2017</creationdate><recordtype>article</recordtype><sourceid>8G5</sourceid><sourceid>BENPR</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNp1kE9LAzEQxYMoWKsfwFvAc3TyZ5ONJ6VWLRS86Dlss0lNcXdrslvrtzdlPXgRBoaB92bm_RC6pHBNAdRNAqCaEqCKgNCM7I_QhArOCOWlPEYT0FwSrbk6RWcpbQCgYKAm6O4hhp2LCXce-xAbvI7dV_9-i5tgY0fcLtSutQ772DV40dahanFTtYOvbD_E0K7P0YmvPpK7-O1T9PY4f509k-XL02J2vyRWMNETqSyjhRAgpC0UB689z6Uo05QWK2lrUZQrbbUTXILwdckEzWNpWS1LXfEpuhr3bmP3ObjUm003xDafNDm4lBwkF1lFR1V-PqXovNnG0FTx21AwB1BmBGUyKHMAZfbZw0ZP2h4Cufhn87-mHzJdae4</recordid><startdate>20170701</startdate><enddate>20170701</enddate><creator>Mathew, Nanditha</creator><general>Springer Berlin Heidelberg</general><general>Springer Nature B.V</general><scope>AAYXX</scope><scope>CITATION</scope><scope>3V.</scope><scope>7WY</scope><scope>7WZ</scope><scope>7X5</scope><scope>7XB</scope><scope>87Z</scope><scope>88G</scope><scope>8A3</scope><scope>8AO</scope><scope>8BJ</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FQK</scope><scope>FRNLG</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GHDGH</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>JBE</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>M0C</scope><scope>M2M</scope><scope>M2O</scope><scope>MBDVC</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PSYQQ</scope><scope>Q9U</scope><orcidid>https://orcid.org/0000-0002-2781-8115</orcidid></search><sort><creationdate>20170701</creationdate><title>Drivers of firm growth: micro-evidence from Indian manufacturing</title><author>Mathew, Nanditha</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c424t-67c21544046c5730f9f39f37129115b6cd458b9c9e43604fd82419c98c2d689a3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2017</creationdate><topic>Companies</topic><topic>Corporate growth</topic><topic>Developed countries</topic><topic>Economic Growth</topic><topic>Economic Theory/Quantitative Economics/Mathematical Methods</topic><topic>Economics</topic><topic>Economics and Finance</topic><topic>Entrepreneurship</topic><topic>Institutional/Evolutionary Economics</topic><topic>Manufacturing</topic><topic>Matrices</topic><topic>Microeconomics</topic><topic>R &amp; D/Technology Policy</topic><topic>Regression analysis</topic><topic>Regular Article</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Mathew, Nanditha</creatorcontrib><collection>CrossRef</collection><collection>ProQuest Central (Corporate)</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>Entrepreneurship Database (Proquest)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection</collection><collection>Psychology Database (Alumni)</collection><collection>Entrepreneurship Database (Alumni Edition)</collection><collection>ProQuest Pharma Collection</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Hospital Premium Collection</collection><collection>Hospital Premium Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni)</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>ProQuest Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central</collection><collection>International Bibliography of the Social Sciences</collection><collection>Business Premium Collection (Alumni)</collection><collection>Health Research Premium Collection</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>Health Research Premium Collection (Alumni)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep (ProQuest)</collection><collection>International Bibliography of the Social Sciences</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM global</collection><collection>ProQuest Psychology</collection><collection>Research Library (ProQuest Database)</collection><collection>Research Library (Corporate)</collection><collection>One Business (ProQuest)</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest One Psychology</collection><collection>ProQuest Central Basic</collection><jtitle>Journal of evolutionary economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Mathew, Nanditha</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Drivers of firm growth: micro-evidence from Indian manufacturing</atitle><jtitle>Journal of evolutionary economics</jtitle><stitle>J Evol Econ</stitle><date>2017-07-01</date><risdate>2017</risdate><volume>27</volume><issue>3</issue><spage>585</spage><epage>611</epage><pages>585-611</pages><issn>0936-9937</issn><eissn>1432-1386</eissn><abstract>This paper investigates the determinants of firm growth for Indian manufacturing enterprises. The study uses the data obtained from the Prowess database, provided by the Centre for Monitoring Indian Economy (CMIE), covering the period 1991–2010. The study explores the growth of Indian manufacturing firms with respect to 1) its cross-sectional distribution, 2) its dynamics over time, and 3) its determinants. The cross-sectional distributional analysis exhibits high levels of heterogeneity in firm growth patterns, even across firms operating within the same sector, which increases over time. The inter-temporal dynamics observed with the help of transition probabilities matrices suggests that firm growth rates are not highly persistent in time, which is in contrast with the evidence from developed countries. It also reveals the coexistence of firms with very different characteristics and performance within sectors. Given the wide heterogeneity and non-persistent behavior of firm growth rates, this paper resorts to quantile regression analysis to identify the differential effect of regressors at different deciles of the conditional distribution.</abstract><cop>Berlin/Heidelberg</cop><pub>Springer Berlin Heidelberg</pub><doi>10.1007/s00191-017-0492-x</doi><tpages>27</tpages><orcidid>https://orcid.org/0000-0002-2781-8115</orcidid><oa>free_for_read</oa></addata></record>
fulltext fulltext
identifier ISSN: 0936-9937
ispartof Journal of evolutionary economics, 2017-07, Vol.27 (3), p.585-611
issn 0936-9937
1432-1386
language eng
recordid cdi_proquest_journals_1916630634
source Business Source Complete (BSC) 商管财经类全文数据库(完整版); SpringerLink (Online service)
subjects Companies
Corporate growth
Developed countries
Economic Growth
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Entrepreneurship
Institutional/Evolutionary Economics
Manufacturing
Matrices
Microeconomics
R & D/Technology Policy
Regression analysis
Regular Article
title Drivers of firm growth: micro-evidence from Indian manufacturing
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-01T08%3A48%3A37IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Drivers%20of%20firm%20growth:%20micro-evidence%20from%20Indian%20manufacturing&rft.jtitle=Journal%20of%20evolutionary%20economics&rft.au=Mathew,%20Nanditha&rft.date=2017-07-01&rft.volume=27&rft.issue=3&rft.spage=585&rft.epage=611&rft.pages=585-611&rft.issn=0936-9937&rft.eissn=1432-1386&rft_id=info:doi/10.1007/s00191-017-0492-x&rft_dat=%3Cproquest_cross%3E1916630634%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1916630634&rft_id=info:pmid/&rfr_iscdi=true