Inter-firm rivalry and firm growth: Is there any evidence of direct competition between firms?

Alex Coad*, Mercedes Teruel

*この研究の対応する著者

研究成果: Article査読

13 被引用数 (Scopus)

抄録

Inter-firm competition has received much attention in the theoretical literature, but recent empirical work suggests that the growth rates of rival firms are uncorrelated. We begin by investigating the correlations of the growth rates of competing firms (i.e. the largest and second-largest firms in the same industry) and observe that, surprisingly, the growth of these firms can be taken as uncorrelated. Nevertheless, peer-effect regressions, that take into account the simultaneous interdependence of growth rates of rival firms, are able to identify significant negative effects of rivals' growth on a firm's growth

本文言語English
ページ(範囲)397-425
ページ数29
ジャーナルIndustrial and Corporate Change
22
2
DOI
出版ステータスPublished - 2013 4月
外部発表はい

ASJC Scopus subject areas

  • 経済学、計量経済学

フィンガープリント

「Inter-firm rivalry and firm growth: Is there any evidence of direct competition between firms?」の研究トピックを掘り下げます。これらがまとまってユニークなフィンガープリントを構成します。

引用スタイル