IDEAS home Printed from https://ideas.repec.org/a/rpo/ripoec/y2014i1p323-354.html
   My bibliography  Save this article

Un modello di crescita discontinua dell’impresa: teoria ed evidenza empirica

Author

Listed:
  • Enrico D’Elia

    (Ministero dell’Economia e Finanze-Dipartimento del Tesoro, Direzione I and Istat-Analisi Economico-Finanziaria, Rome.)

  • Leopoldo Nascia

    (Istat-Dipartimento per i conti nazionali e le statistiche economiche, Servizio Statistiche strutturali sulle imprese e le istituzioni, Rome.)

  • Alessandro Zeli

    (Istat-Dipartimento per i conti nazionali e le statistiche economiche, Servizio Statistiche strutturali sulle imprese e le istituzioni, Rome.)

Abstract

Firm’s size tipically changes through discrete leaps over time.The model of firm’s growth discussed here entails some nonstandard consequences. Firstly, profitability is not a continuous function of size, but exhibits a number of peaks. Secondly, investment increases in those firms where profit falls shorter some given threshold. The main predictions of the model are confirmed by non-parametric analysis and panel estimation on a sample of Italian manufacturing firms from 1998 to 2007.

Suggested Citation

  • Enrico D’Elia & Leopoldo Nascia & Alessandro Zeli, 2014. "Un modello di crescita discontinua dell’impresa: teoria ed evidenza empirica," Rivista di Politica Economica, SIPI Spa, issue 1, pages 323-354, January-M.
    • Handle: RePEc:rpo:ripoec:y:2014:i:1:p:323-354
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    More about this item

    Keywords

    capacity utilization; discontinuity; firm’s size; growth; investment; non parametric smoothing; panel regression; profit function.;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rpo:ripoec:y:2014:i:1:p:323-354. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sabrina Marino (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.