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High-growth entrepreneurial firms in Africa: a quantile regression approach

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  • Micheline Goedhuys
  • Leo Sleuwaegen

Abstract

This paper studies the growth performance of a large set of entrepreneurial firms in ten manufacturing sectors of eleven Sub-Saharan African countries. The focus of the paper is on identifying those entrepreneurs' attributes and firm characteristics that tend to generate a significant number of high-growth firms in these countries. To this end, we use a quantile regression, which provides a more complete estimation of the growth distribution of firms conditional on different attributes.
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Suggested Citation

  • Micheline Goedhuys & Leo Sleuwaegen, 2010. "High-growth entrepreneurial firms in Africa: a quantile regression approach," Small Business Economics, Springer, vol. 34(1), pages 31-51, January.
    • Handle: RePEc:kap:sbusec:v:34:y:2010:i:1:p:31-51
    DOI: 10.1007/s11187-009-9193-7
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    More about this item

    Keywords

    Africa; Firm growth; High-growth firms; Quantile regression; D92; L26; O55;
    All these keywords.

    JEL classification:

    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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