Title: Growth of firms in developing countries, evidence from Cote d'Ivoire
Authors: Sleuwaegen, Leo ×
Goedhuys, M #
Issue Date: Jun-2002
Publisher: Elsevier science bv
Series Title: Journal of development economics vol:68 issue:1 pages:117-135
Abstract: The paper presents evidence in support of a particular growth process of firms that is consistent with a missing middle in the size distribution of manufacturing firms in African countries. Firm growth is explained by size and age effects as a result of efficiency exploiting through scale enlargements and learning, but is strongly moderated by reputation effects and formal legitimation which facilitate access to output markets and resources. Complementing the model with data on growth obstacles as perceived by the owners of firms, medium sized firms are found to be strongly hurt by insufficient access to infrastructure and financial services. (C) 2002 Elsevier Science B.V All rights reserved.
ISSN: 0304-3878
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Department of Managerial Economics, Strategy and Innovation (MSI), Leuven
× corresponding author
# (joint) last author

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