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The Dynamics of High-Growth Firms : Evidence from Tunisia

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  • Marcio,Cruz
  • Baghdadi,Leila
  • Arouri,Hassen

Abstract

This paper examines the dynamics and characteristics of high-growth firms in Tunisia. Further knowledge about the dynamics of these firms can inform the design of business support policies, especially toward small and medium-size firms. The analysis suggests that between 1999 and 2015, about 9 to 10.5 percent of the firms in Tunisia achieved high-growth status per year, on average, depending on the definition used, and these shares have been remarkably stable over time. Although a small share of firms achieves high growth annually, almost one in every three firms that survive for more than a decade has achieved high-growth status at least once. High-growth status is more prevalent among small and young firms, as well as firms that export, import, or receive foreign direct investments.

Suggested Citation

  • Marcio,Cruz & Baghdadi,Leila & Arouri,Hassen, 2020. "The Dynamics of High-Growth Firms : Evidence from Tunisia," Policy Research Working Paper Series 9145, The World Bank.
    • Handle: RePEc:wbk:wbrwps:9145
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    References listed on IDEAS

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    1. Segundo Camino-Mogro & Mary Armijos & Paul Vera-Gilces, 2022. "High-growth firms and international trade: evidence from Ecuador," Journal of Evolutionary Economics, Springer, vol. 32(1), pages 299-332, January.

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