Corporate Stability and Economic Growth

Preprint, External research report English OPEN
He, Kathy S.; Morck, Randall; Yeung, Bernard;
(2003)
  • Publisher: Institute of Economic Research, Hitotsubashi University
  • Subject: Corporate Stability and Economic Growth

Greater instability in a country's list of top corporations is associated with faster economic growth. This faster growth is primarily due to faster growth in total factor productivity in industrialized countries, and faster capital accumulation in developing countries.... View more
  • References (7)

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