This paper relates firm level input changes and productivity to aggregate growth of the Hungarian economy for the period 1992 to 2008. The decomposition includes manufacturing, services, agriculture and construction. Results suggest that the role of firm productivity in growth was not stable...

Abstract This paper employs a novel firm-level dataset that combines financial accounts of German firms with data from a business survey to shed new light on the demand for capital. The empirical analysis employs firm-specific indicators in order to explore the effects of sales, the cost of...