This paper analyses the impact of government grants on labour demand using plant leveldata for manufacturing industry in Ireland. Our data consists of a large sample of plants andtheir complete grant history...

We motivate and describe a GMM method of estimating linear dynamic models from atime series of independent cross sections. This involves subjecting the model to aquasi-differencing transformation across pairs of individuals that belong to the samegroup...

This paper provides a systematic empirical analysis of the effects of merger and acquisitionactivity on profitability and firm level employee remuneration in the United Kingdom, using a speciallyconstructed database for the period 1979-1991...

Edith Penrose’s theory of firm growth postulates that a firm’s current growth rate will be influenced by the adjustment costs of, and changes to a firm’s productive opportunity set arising from, previous growth. Although she explicitly considered the impact of previous organic growth on...