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Industrial economists surmise a relation between the size distribution of firms and performance. Usually, attention is focused on the high end of the size distribution. The widely used 4-firm seller concentration, C4, ignores what happens at the low end of the size distribution. An investigation is
This paper discusses the role of exports in The Netherlands, the actual small business share therein, some measures to stimulate exports and the hidden potential of small business. Additionally, it provides a description of a regression analysis of the performance differential between small and larg
In this paper, the relevance of some debt ratio determinants from the recent theory of finance is empirically investigated in a small business sector. The data used in this study consist of average financial data of 27 shoptypes in 20 different years, covering a period of 24 years. The panel charact
Using a rich data source, we explain differences and developments in profit margins of medium-sized stores in Japan. We conclude that the protected environment enables the retailer to pass on all operating costs to the customers and to obtain a relatively high basic income. High service levels are p
The determinants of the development of small store presence in Japan are investigated using a fixed effects multinomial logit market share model. Large stores tend to have higher market shares in shop-types with increasing shares in consumer expenditures, increasing inventory turnover, and increasin
Innovating firms can choose to engage in either internal or external R&D, or in both. In the current study, we shall examine internal and external R&D separately to determine empirically the market structure characteristics explaining the external R&D share and the differences in market structure de
In this study expectations and prediction errors are introduced in the context of retail price setting. A new model and a new data set are used to examine whether prediction errors influence retail price setting, whether prediction errors cause only limited price changes to maintain price stability
This study is concerned with the explanation of differences in price-cost margins of manufacturing industries using a longitudinal data set consisting of averaged data from 66 Dutch industries from 1974 through 1986. Our major concern is investigating whether price-cost margins are more procyclical
This study investigates the development of the firm-size distribution in the Netherlands using various measures. Data are used for the period 1978 through 1989 covering practically the entire Dutch private sector. The results show a general tendency towards smaller firm sizes in manufacturing indust
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