The Nonlinear Relationship Between Firm Size and Growth in the Automotive Industry
The automotive industry dominates the economy of the west part of Romania, making necessary the identification of firm growth drivers. Accordingly, the purpose of this paper is to analyse the nonlinear impact of firm size in influencing firm growth. To do so, we use a panel quantile regression with...
Gespeichert in:
| Veröffentlicht in: | Journal of industry, competition and trade competition and trade, 2021-09, Vol.21 (3), p.445-463 |
|---|---|
| Hauptverfasser: | , , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 463 |
|---|---|
| container_issue | 3 |
| container_start_page | 445 |
| container_title | Journal of industry, competition and trade |
| container_volume | 21 |
| creator | Albulescu, Claudiu Tiberiu Tămășilă, Matei Tăucean, Ilie Mihai |
| description | The automotive industry dominates the economy of the west part of Romania, making necessary the identification of firm growth drivers. Accordingly, the purpose of this paper is to analyse the nonlinear impact of firm size in influencing firm growth. To do so, we use a panel quantile regression with fixed effects for a set of 19 automotive companies over the period 2007–2015, while controlling for the role of research and development activities and firm’s financial performances. We show that firm size positively sustains firm growth at all quantiles, whereas this relationship is stronger for companies that grow less fast. Our findings are robust to the computation of firm growth and size based on different indicators and are not influenced by the agglomeration effect. |
| doi_str_mv | 10.1007/s10842-021-00364-6 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_2560485349</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2560485349</sourcerecordid><originalsourceid>FETCH-LOGICAL-c409t-2368acfb500284f0da4690e48c7e6491c1598f6dc3770a72b31cbc81161c074b3</originalsourceid><addsrcrecordid>eNp9kE9PAjEQxTdGExH9Ap6aeF6d_tl294hEkIRognhultKVEmix7Urw01tcE26eZpL5vTcvL8tuMdxjAPEQMJSM5EBwDkA5y_lZ1sOFoLkATM6PO-c55qK6zK5CWEMiaUl72Wy-0ujF2Y2xuvZopjd1NM6GldmhRx33Wls0Mn6L3sy3RrVdorF3-7hCxqKYpIM2uq2L5kujiV22IfrDdXbR1Jugb_5mP3sfPc2Hz_n0dTwZDqa5YlDFnFBe1qpZFClLyRpY1oxXoFmphOaswgoXVdnwpaJCQC3IgmK1UCXGHCsQbEH72V3nu_Pus9UhyrVrvU0vJSk4sLKgrEoU6SjlXQheN3Lnzbb2B4lBHruTXXcyNSJ_u5M8iVAn0spZE06SFEXwghBICO2QkI72Q_vT93-MfwBY7Xrj</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2560485349</pqid></control><display><type>article</type><title>The Nonlinear Relationship Between Firm Size and Growth in the Automotive Industry</title><source>SpringerNature Journals</source><creator>Albulescu, Claudiu Tiberiu ; Tămășilă, Matei ; Tăucean, Ilie Mihai</creator><creatorcontrib>Albulescu, Claudiu Tiberiu ; Tămășilă, Matei ; Tăucean, Ilie Mihai</creatorcontrib><description>The automotive industry dominates the economy of the west part of Romania, making necessary the identification of firm growth drivers. Accordingly, the purpose of this paper is to analyse the nonlinear impact of firm size in influencing firm growth. To do so, we use a panel quantile regression with fixed effects for a set of 19 automotive companies over the period 2007–2015, while controlling for the role of research and development activities and firm’s financial performances. We show that firm size positively sustains firm growth at all quantiles, whereas this relationship is stronger for companies that grow less fast. Our findings are robust to the computation of firm growth and size based on different indicators and are not influenced by the agglomeration effect.</description><identifier>ISSN: 1566-1679</identifier><identifier>EISSN: 1573-7012</identifier><identifier>DOI: 10.1007/s10842-021-00364-6</identifier><language>eng</language><publisher>New York: Springer US</publisher><subject>Automobile industry ; Economic Policy ; Economics ; Economics and Finance ; Employees ; European Integration ; Growth rate ; Industrial Organization ; International Economics ; Investments ; Manufacturing ; Microeconomics ; Motor car industry ; Parameter identification ; Productivity ; Profits ; R & D/Technology Policy ; R&D ; Research & development ; Strategic management</subject><ispartof>Journal of industry, competition and trade, 2021-09, Vol.21 (3), p.445-463</ispartof><rights>The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2021</rights><rights>The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2021.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c409t-2368acfb500284f0da4690e48c7e6491c1598f6dc3770a72b31cbc81161c074b3</citedby><cites>FETCH-LOGICAL-c409t-2368acfb500284f0da4690e48c7e6491c1598f6dc3770a72b31cbc81161c074b3</cites><orcidid>0000-0003-2875-1749</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/s10842-021-00364-6$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s10842-021-00364-6$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>314,780,784,27924,27925,41488,42557,51319</link.rule.ids></links><search><creatorcontrib>Albulescu, Claudiu Tiberiu</creatorcontrib><creatorcontrib>Tămășilă, Matei</creatorcontrib><creatorcontrib>Tăucean, Ilie Mihai</creatorcontrib><title>The Nonlinear Relationship Between Firm Size and Growth in the Automotive Industry</title><title>Journal of industry, competition and trade</title><addtitle>J Ind Compet Trade</addtitle><description>The automotive industry dominates the economy of the west part of Romania, making necessary the identification of firm growth drivers. Accordingly, the purpose of this paper is to analyse the nonlinear impact of firm size in influencing firm growth. To do so, we use a panel quantile regression with fixed effects for a set of 19 automotive companies over the period 2007–2015, while controlling for the role of research and development activities and firm’s financial performances. We show that firm size positively sustains firm growth at all quantiles, whereas this relationship is stronger for companies that grow less fast. Our findings are robust to the computation of firm growth and size based on different indicators and are not influenced by the agglomeration effect.</description><subject>Automobile industry</subject><subject>Economic Policy</subject><subject>Economics</subject><subject>Economics and Finance</subject><subject>Employees</subject><subject>European Integration</subject><subject>Growth rate</subject><subject>Industrial Organization</subject><subject>International Economics</subject><subject>Investments</subject><subject>Manufacturing</subject><subject>Microeconomics</subject><subject>Motor car industry</subject><subject>Parameter identification</subject><subject>Productivity</subject><subject>Profits</subject><subject>R & D/Technology Policy</subject><subject>R&D</subject><subject>Research & development</subject><subject>Strategic management</subject><issn>1566-1679</issn><issn>1573-7012</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2021</creationdate><recordtype>article</recordtype><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><recordid>eNp9kE9PAjEQxTdGExH9Ap6aeF6d_tl294hEkIRognhultKVEmix7Urw01tcE26eZpL5vTcvL8tuMdxjAPEQMJSM5EBwDkA5y_lZ1sOFoLkATM6PO-c55qK6zK5CWEMiaUl72Wy-0ujF2Y2xuvZopjd1NM6GldmhRx33Wls0Mn6L3sy3RrVdorF3-7hCxqKYpIM2uq2L5kujiV22IfrDdXbR1Jugb_5mP3sfPc2Hz_n0dTwZDqa5YlDFnFBe1qpZFClLyRpY1oxXoFmphOaswgoXVdnwpaJCQC3IgmK1UCXGHCsQbEH72V3nu_Pus9UhyrVrvU0vJSk4sLKgrEoU6SjlXQheN3Lnzbb2B4lBHruTXXcyNSJ_u5M8iVAn0spZE06SFEXwghBICO2QkI72Q_vT93-MfwBY7Xrj</recordid><startdate>20210901</startdate><enddate>20210901</enddate><creator>Albulescu, Claudiu Tiberiu</creator><creator>Tămășilă, Matei</creator><creator>Tăucean, Ilie Mihai</creator><general>Springer US</general><general>Springer Nature B.V</general><scope>OQ6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>3V.</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>8AO</scope><scope>8BJ</scope><scope>8FK</scope><scope>8FL</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FQK</scope><scope>FRNLG</scope><scope>F~G</scope><scope>JBE</scope><scope>K60</scope><scope>K6~</scope><scope>K8~</scope><scope>L.-</scope><scope>M0C</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope><orcidid>https://orcid.org/0000-0003-2875-1749</orcidid></search><sort><creationdate>20210901</creationdate><title>The Nonlinear Relationship Between Firm Size and Growth in the Automotive Industry</title><author>Albulescu, Claudiu Tiberiu ; Tămășilă, Matei ; Tăucean, Ilie Mihai</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c409t-2368acfb500284f0da4690e48c7e6491c1598f6dc3770a72b31cbc81161c074b3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2021</creationdate><topic>Automobile industry</topic><topic>Economic Policy</topic><topic>Economics</topic><topic>Economics and Finance</topic><topic>Employees</topic><topic>European Integration</topic><topic>Growth rate</topic><topic>Industrial Organization</topic><topic>International Economics</topic><topic>Investments</topic><topic>Manufacturing</topic><topic>Microeconomics</topic><topic>Motor car industry</topic><topic>Parameter identification</topic><topic>Productivity</topic><topic>Profits</topic><topic>R & D/Technology Policy</topic><topic>R&D</topic><topic>Research & development</topic><topic>Strategic management</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Albulescu, Claudiu Tiberiu</creatorcontrib><creatorcontrib>Tămășilă, Matei</creatorcontrib><creatorcontrib>Tăucean, Ilie Mihai</creatorcontrib><collection>ECONIS</collection><collection>CrossRef</collection><collection>ProQuest Central (Corporate)</collection><collection>Access via ABI/INFORM (ProQuest)</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>ProQuest Pharma Collection</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>International Bibliography of the Social Sciences</collection><collection>Business Premium Collection (Alumni)</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>International Bibliography of the Social Sciences</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>DELNET Management Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Global</collection><collection>ProQuest One Business</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 Central Basic</collection><jtitle>Journal of industry, competition and trade</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Albulescu, Claudiu Tiberiu</au><au>Tămășilă, Matei</au><au>Tăucean, Ilie Mihai</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The Nonlinear Relationship Between Firm Size and Growth in the Automotive Industry</atitle><jtitle>Journal of industry, competition and trade</jtitle><stitle>J Ind Compet Trade</stitle><date>2021-09-01</date><risdate>2021</risdate><volume>21</volume><issue>3</issue><spage>445</spage><epage>463</epage><pages>445-463</pages><issn>1566-1679</issn><eissn>1573-7012</eissn><abstract>The automotive industry dominates the economy of the west part of Romania, making necessary the identification of firm growth drivers. Accordingly, the purpose of this paper is to analyse the nonlinear impact of firm size in influencing firm growth. To do so, we use a panel quantile regression with fixed effects for a set of 19 automotive companies over the period 2007–2015, while controlling for the role of research and development activities and firm’s financial performances. We show that firm size positively sustains firm growth at all quantiles, whereas this relationship is stronger for companies that grow less fast. Our findings are robust to the computation of firm growth and size based on different indicators and are not influenced by the agglomeration effect.</abstract><cop>New York</cop><pub>Springer US</pub><doi>10.1007/s10842-021-00364-6</doi><tpages>19</tpages><orcidid>https://orcid.org/0000-0003-2875-1749</orcidid></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 1566-1679 |
| ispartof | Journal of industry, competition and trade, 2021-09, Vol.21 (3), p.445-463 |
| issn | 1566-1679 1573-7012 |
| language | eng |
| recordid | cdi_proquest_journals_2560485349 |
| source | SpringerNature Journals |
| subjects | Automobile industry Economic Policy Economics Economics and Finance Employees European Integration Growth rate Industrial Organization International Economics Investments Manufacturing Microeconomics Motor car industry Parameter identification Productivity Profits R & D/Technology Policy R&D Research & development Strategic management |
| title | The Nonlinear Relationship Between Firm Size and Growth in the Automotive Industry |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-26T12%3A33%3A51IST&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=The%20Nonlinear%20Relationship%20Between%20Firm%20Size%20and%20Growth%20in%20the%20Automotive%20Industry&rft.jtitle=Journal%20of%20industry,%20competition%20and%20trade&rft.au=Albulescu,%20Claudiu%20Tiberiu&rft.date=2021-09-01&rft.volume=21&rft.issue=3&rft.spage=445&rft.epage=463&rft.pages=445-463&rft.issn=1566-1679&rft.eissn=1573-7012&rft_id=info:doi/10.1007/s10842-021-00364-6&rft_dat=%3Cproquest_cross%3E2560485349%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=2560485349&rft_id=info:pmid/&rfr_iscdi=true |