The Relationship Between Firm Size and Firm Growth: The Case of the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F71226401%3A_____%2F15%3A%231006497" target="_blank" >RIV/71226401:_____/15:#1006497 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.11118/actaun201563051639" target="_blank" >http://dx.doi.org/10.11118/actaun201563051639</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.11118/actaun201563051639" target="_blank" >10.11118/actaun201563051639</a>

Result language
angličtina
Original language name
The Relationship Between Firm Size and Firm Growth: The Case of the Czech Republic
Original language description
This paper deals with the investigation of the relationship between firm size and firm in the Czech Republic during 2007?2012. The study aims to examine to what extent the confirmation or rejection of Gibrats law depends on the indicator of firm size. For measuring firm size we use three indicators: revenues, number of employees and total assets. The study uses data collected from the database Albertina CZ Gold Edition. Final dataset includes the data about more than 35.000 firms. The validity of Gibrats law was tested with the help of linear regression model with first-order autoregressive process. Gibrats law is rejected for all three indicators of firm size. Hence, the selected indicator of firm size is not proved to be important factor in verification of Gibrats law validity. It is also find out that the small firms in profit industries (A-N according to CZ-NACE classification) grow faster than their larger counterparts in the Czech Republic.
Czech name
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Czech description
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Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50201 - Economic Theory

Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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