Pagano, Patrizio; Schivardi, Fabiano - Banca d'Italia - 2001
We empirically characterize the sectoral distribution of firm size for a set of European countries, finding substantial … positive and robust association between average firm size and growth. Asking why size should matter for growth, we consider the … interpreted as a test of reverse causality, which lends support to the view of firm size having a causal impact on growth. …