High-growth Firm Shares in Austrian Regions: The Role of Economic Structures

This paper explores the structural determinants of high-growth firm shares in Austrian regions. The regional level of analysis allows to uncover regularities which are not detectable in firm-level studies. We find that lower mobility barriers, firm exits and technological opportunities, measured by...

Ausführliche Beschreibung

Bibliographische Detailangaben
Link(s) zu Dokument(en):WIFO Publikation
Veröffentlicht in:WIFO Working Papers
Hauptverfasser: Klaus S. Friesenbichler, Werner Hölzl
Format: paper
Sprache:Englisch
Veröffentlicht: 2020
Schlagworte:
Beschreibung
Zusammenfassung:This paper explores the structural determinants of high-growth firm shares in Austrian regions. The regional level of analysis allows to uncover regularities which are not detectable in firm-level studies. We find that lower mobility barriers, firm exits and technological opportunities, measured by digitalisation intensities, and, to a lesser extent, agglomeration effects are associated with a larger share of high-growth firms. The results suggest that comparisons of shares of high-growth firms across countries and regions should consider differences in the industrial structures together with the often-emphasised differences in policies and regulations.
Beschreibung:
  • 41 pages