How to cite this paper
Megaravalli, A. (2017). Estimating growth of SMES using a logit model: Evidence from manufacturing companies in Italy.Management Science Letters , 7(3), 125-134.
Refrences
Altman, E. I. (1968). Financial ratios, discriminant analysis and the prediction of corporate bankrupt-cy. The Journal of Finance, 23(4), 589-609.
Acs, Z. J., & Audretsch, D. B. (1990). Innovation and small firms. Mit Press.
Barringer, B. R., Jones, F. F., & Neubaum, D. O. (2005). A quantitative content analysis of the charac-teristics of rapid-growth firms and their founders. Journal of Business Venturing, 20(5), 663-687.
Audretsch, D. B., & Mahmood, T. (1994). Firm selection and industry evolution: the post-entry perfor-mance of new firms. Journal of Evolutionary Economics, 4(3), 243-260.
Audretsch, D. B., Santarelli, E., & Vivarelli, M. (1999). Start-up size and industrial dynamics: some evi-dence from Italian manufacturing. International Journal of Industrial Organization, 17(7), 965-983.
Audretsch, D. B., Klomp, L., Santarelli, E., & Thurik, A. R. (2004). Gibrat's Law: Are the services dif-ferent?. Review of Industrial Organization, 24(3), 301-324.
Baum, J. R., Locke, E. A., & Smith, K. G. (2001). A multidimensional model of venture growth. Academy of Management Journal, 44(2), 292-303.
BERR (2008). High growth firms in the UK – Lessons from an analysis of comparative UK.
Birch, D. L. (1987) Job Generation in America. The Free Press: New York
Binks, M., & Ennew, C. (1997). The relationship between UK banks and their small business customers. Small Business Economics, 9(2), 167–178.
Birch, D. L., & Medoff, J. (1994). ―Gazelles,‖ in Lewis C. Solmon and Alec R. Levenson (eds.), Labor Markets, Employment Policy and Job Creation, Boulder: Westview Press, 159-168.
Caves, R. E. (1998). Industrial organization and new findings on the turnover and mobility of firms. Journal of Economic Literature, 36(4), 1947–1982.
Capasso, M., Cefis, E., & Sapio, A. (2013). Reconciling quantile auto regressions of firm size and vari-ance-size scaling. Small Business Economics, 41(3), 609–632.
Chan, Y. E., Bhargava, N., & Street, C. T. (2006). Having arrived: the homogeneity of high‐growth small firms. Journal of Small Business Management, 44(3), 426-440.
Chandler, A. D. (1992). What is a firm? A historical perspective. European Economic Review, 36(2-3), 483–492.
Coad, A., Daunfeldt, S. O., Hölzl, W., Johansson, D., & Nightingale, P. (2014). High-growth firms: In-troduction to the special section. Industrial and Corporate Change, 23(1), 91–112.
Coad, A., & Broekel, T. (2012). Firm growth and productivity growth: evidence from a panel VAR. Ap-plied Economics, 44(10), 1251–1269.
Coad, A., & Hölzl, W. (2009). On the Autocorrelation of Growth Rates. Journal of Industry, Competi-tion and Trade, 9(2), 139–166.
COGNETICS (1994): Business Almanac.
COGNETICS (2000): Business Almanac
Cooper, A. C., Gimeno-Gascon, F. J., & Woo, C. Y. (1994). Initial human and financial capital as esti-mators of new venture performance. Journal of Business Venturing, 9(5), 371–395.
Davidsson, P. & Wiklund, J. (2000). Conceptual and empirical challenges in the study of firm growth. In D. Sexton & H. Landström (Eds.), the Blackwell Handbook of Entrepreneurship (pp. 26-44). Ox-ford, MA: Blackwell Business.
Daunfeldt, S., and Elert, N. (2010, November, 26). When is Gibrat’s Law a Law?
Delmar, F., Davidsson, P., & Gartner, W. B. (2003). Arriving at the high-growth firm. Journal of Busi-ness Venturing, 18(2), 189-216.
Denrell, J., Fang, C., & Liu, C. (2014). Perspective—Chance explanations in the management scienc-es. Organization Science, 26(3), 923-940.
Daunfeldt, S. O., & Halvarsson, D. (2015). Are high-growth firms one-hit wonders? Evidence from Sweden. Small Business Economics, 44(2), 361-383.
Evans, D. S. (1987). The relationship between firm growth, size, and age: Estimates for 100 manufactur-ing industries. The Journal of industrial Economics, 35(4), 567-581.
Evans, D. S. (1987). Tests of alternative theories of firm growth. Journal of Political Economy, 95(4), 657–674
Feeser, H. R., & Willard, G. E. (1990). Founding strategy and performance: A comparison of high and low growth high tech firms. Strategic Management Journal, 11(2), 87-98.
Fischer, Eileen, and A. Rebecca Reuber. (2003). “Support for rapid‐growth firms: a comparison of the views of founders, government policymakers, and private sector resource providers.” Journal of Small Business Management , 41.4 ,346-365.
Gibrat, R. (1931). Les Inégalités Économiques, Paris, Sirey
Geroski, P. A. P. A. (1995). Innovation and competitive advantage. Organisation for Economic Co-operation and Development Economics Department Working Papers.
Geroski, P. (2002). The growth of firms in theory and in prattice. Competence, Governance and Entre-preneurship, 1, 168-186.
Greiner, L.E. (1972). Evolution and revolution as organizations grow. Harvard Business Review, 50(4), 37–46.
Hall, B. H. (1987). The Relationship between Firm Size and Firm Growth in the US Manufacturing Sec-tor. The Journal of Industrial Economics, 35(4), 583-606.
Harhoff, D., Stahl, K., & Woywode, M. (1998). Legal form, growth and exit of West German firms—empirical results for manufacturing, construction, trade and service industries. The Journal of Indus-trial Economics, 46(4), 453-488.
Hölzl, W. (2014). Persistence, survival, and growth: a closer look at 20 years of fast growing firms in Austria. Industrial and Corporate Change, 23(1), 199-231.
Im, K. S., Pesaran, M. H., & Shin, Y. (2003). Testing for unit roots in heterogeneous panels. Journal of Econometrics, 115(1), 53-74.
Ijiri, Y., & Simon, H. A. (1964). Business firm growth and size. The American Economic Review, 54(2), 77-89.
Lotti, F., Santarelli, E., & Vivarelli, M. (2003). Does Gibrat's Law hold among young, small firms?. Journal of Evolutionary Economics, 13(3), 213-235.
Lotti, F., Santarelli, E., & Vivarelli, M. (2009). Defending Gibrat’s Law as a long-run regularity. Small Business Economics, 32(1), 31-44.
Levinthal D.A. (1991). Random walks and organizational mortality. Administrative Science Quarterly, 36 (3), 397-420.
Littunen, H., & Tohmo, T. (2003). The high growth in new metal-based manufacturing and business service firms in Finland. Small Business Economics, 21(2), 187-200.
Lumpkin, G. T., & Dess, G. G. (2001). Linking two dimensions of entrepreneurial orientation to firm performance: The moderating role of environment and industry life cycle. Journal of Business Ven-turing, 16(5), 429-451.
Mason, C., & Brown, R. (2013). Creating good public policy to support high-growth firms. Small Busi-ness Economics, 40(2), 211–225.
Reid, G. C. (1995). Early life-cycle behaviour of micro-firms in Scotland. Small Business Econom-ics, 7(2), 89-95.
Sampagnaro, G. (2013), G. (2013). Estimating rapid-growth SMEs through a reversal of credit-scoring principles. International Journal of Entrepreneurship and Small Business, 18(3), 313.
Shuman, J. C., & Seeger, J. A. (1986). The theory and practice of strategic management in smaller rapid growth firms. American Journal of Small Business, 11(1), 7-18.
Siegel, R., Siegel, E., & Macmillan, I. C. (1993). Characteristics distinguishing high-growth ven-tures. Journal of business Venturing, 8(2), 169-180.
Smith, K. G., Mitchell, T. R., & Summer, C. E. (1985). Top level management priorities in different stages of the organizational life cycle. Academy of management Journal, 28(4), 799-820.
Storey, D. J. (1994). Understanding the Small Business Sector. Thomson Learning EMEA.
Sutton, J. (1997). Gibrat’s legacy. Journal of Economic Literature, 35(1), 40–59.
Wagner, J. (1992). Firm size, firm growth, and persistence of chance: Testing GIBRAT’s law with estab-lishment data from Lower Saxony, 1978-1989. Small Business Economics, 4(2), 125–131
Wagner, J. (1994). Small firm entry in manufacturing industries: Lower Saxony, 1979–1989. Small Business Economics, 6(3), 211-223.
Weiss, C. R. (1998). Size, growth, and survival in the upper Austrian farm sector. Small Business Eco-nomics, 10(4), 305-312.
Wagner, J. (1992). Firm size, firm growth, and persistence of chance: Testing GIBRAT's law with estab-lishment data from Lower Saxony, 1978–1989. Small Business Economics, 4(2), 125-131.
Wagner, J. (1994). The post-entry performance of new small firms in German manufacturing indus-tries. The Journal of Industrial Economics, 42(2), 141-154.
Acs, Z. J., & Audretsch, D. B. (1990). Innovation and small firms. Mit Press.
Barringer, B. R., Jones, F. F., & Neubaum, D. O. (2005). A quantitative content analysis of the charac-teristics of rapid-growth firms and their founders. Journal of Business Venturing, 20(5), 663-687.
Audretsch, D. B., & Mahmood, T. (1994). Firm selection and industry evolution: the post-entry perfor-mance of new firms. Journal of Evolutionary Economics, 4(3), 243-260.
Audretsch, D. B., Santarelli, E., & Vivarelli, M. (1999). Start-up size and industrial dynamics: some evi-dence from Italian manufacturing. International Journal of Industrial Organization, 17(7), 965-983.
Audretsch, D. B., Klomp, L., Santarelli, E., & Thurik, A. R. (2004). Gibrat's Law: Are the services dif-ferent?. Review of Industrial Organization, 24(3), 301-324.
Baum, J. R., Locke, E. A., & Smith, K. G. (2001). A multidimensional model of venture growth. Academy of Management Journal, 44(2), 292-303.
BERR (2008). High growth firms in the UK – Lessons from an analysis of comparative UK.
Birch, D. L. (1987) Job Generation in America. The Free Press: New York
Binks, M., & Ennew, C. (1997). The relationship between UK banks and their small business customers. Small Business Economics, 9(2), 167–178.
Birch, D. L., & Medoff, J. (1994). ―Gazelles,‖ in Lewis C. Solmon and Alec R. Levenson (eds.), Labor Markets, Employment Policy and Job Creation, Boulder: Westview Press, 159-168.
Caves, R. E. (1998). Industrial organization and new findings on the turnover and mobility of firms. Journal of Economic Literature, 36(4), 1947–1982.
Capasso, M., Cefis, E., & Sapio, A. (2013). Reconciling quantile auto regressions of firm size and vari-ance-size scaling. Small Business Economics, 41(3), 609–632.
Chan, Y. E., Bhargava, N., & Street, C. T. (2006). Having arrived: the homogeneity of high‐growth small firms. Journal of Small Business Management, 44(3), 426-440.
Chandler, A. D. (1992). What is a firm? A historical perspective. European Economic Review, 36(2-3), 483–492.
Coad, A., Daunfeldt, S. O., Hölzl, W., Johansson, D., & Nightingale, P. (2014). High-growth firms: In-troduction to the special section. Industrial and Corporate Change, 23(1), 91–112.
Coad, A., & Broekel, T. (2012). Firm growth and productivity growth: evidence from a panel VAR. Ap-plied Economics, 44(10), 1251–1269.
Coad, A., & Hölzl, W. (2009). On the Autocorrelation of Growth Rates. Journal of Industry, Competi-tion and Trade, 9(2), 139–166.
COGNETICS (1994): Business Almanac.
COGNETICS (2000): Business Almanac
Cooper, A. C., Gimeno-Gascon, F. J., & Woo, C. Y. (1994). Initial human and financial capital as esti-mators of new venture performance. Journal of Business Venturing, 9(5), 371–395.
Davidsson, P. & Wiklund, J. (2000). Conceptual and empirical challenges in the study of firm growth. In D. Sexton & H. Landström (Eds.), the Blackwell Handbook of Entrepreneurship (pp. 26-44). Ox-ford, MA: Blackwell Business.
Daunfeldt, S., and Elert, N. (2010, November, 26). When is Gibrat’s Law a Law?
Delmar, F., Davidsson, P., & Gartner, W. B. (2003). Arriving at the high-growth firm. Journal of Busi-ness Venturing, 18(2), 189-216.
Denrell, J., Fang, C., & Liu, C. (2014). Perspective—Chance explanations in the management scienc-es. Organization Science, 26(3), 923-940.
Daunfeldt, S. O., & Halvarsson, D. (2015). Are high-growth firms one-hit wonders? Evidence from Sweden. Small Business Economics, 44(2), 361-383.
Evans, D. S. (1987). The relationship between firm growth, size, and age: Estimates for 100 manufactur-ing industries. The Journal of industrial Economics, 35(4), 567-581.
Evans, D. S. (1987). Tests of alternative theories of firm growth. Journal of Political Economy, 95(4), 657–674
Feeser, H. R., & Willard, G. E. (1990). Founding strategy and performance: A comparison of high and low growth high tech firms. Strategic Management Journal, 11(2), 87-98.
Fischer, Eileen, and A. Rebecca Reuber. (2003). “Support for rapid‐growth firms: a comparison of the views of founders, government policymakers, and private sector resource providers.” Journal of Small Business Management , 41.4 ,346-365.
Gibrat, R. (1931). Les Inégalités Économiques, Paris, Sirey
Geroski, P. A. P. A. (1995). Innovation and competitive advantage. Organisation for Economic Co-operation and Development Economics Department Working Papers.
Geroski, P. (2002). The growth of firms in theory and in prattice. Competence, Governance and Entre-preneurship, 1, 168-186.
Greiner, L.E. (1972). Evolution and revolution as organizations grow. Harvard Business Review, 50(4), 37–46.
Hall, B. H. (1987). The Relationship between Firm Size and Firm Growth in the US Manufacturing Sec-tor. The Journal of Industrial Economics, 35(4), 583-606.
Harhoff, D., Stahl, K., & Woywode, M. (1998). Legal form, growth and exit of West German firms—empirical results for manufacturing, construction, trade and service industries. The Journal of Indus-trial Economics, 46(4), 453-488.
Hölzl, W. (2014). Persistence, survival, and growth: a closer look at 20 years of fast growing firms in Austria. Industrial and Corporate Change, 23(1), 199-231.
Im, K. S., Pesaran, M. H., & Shin, Y. (2003). Testing for unit roots in heterogeneous panels. Journal of Econometrics, 115(1), 53-74.
Ijiri, Y., & Simon, H. A. (1964). Business firm growth and size. The American Economic Review, 54(2), 77-89.
Lotti, F., Santarelli, E., & Vivarelli, M. (2003). Does Gibrat's Law hold among young, small firms?. Journal of Evolutionary Economics, 13(3), 213-235.
Lotti, F., Santarelli, E., & Vivarelli, M. (2009). Defending Gibrat’s Law as a long-run regularity. Small Business Economics, 32(1), 31-44.
Levinthal D.A. (1991). Random walks and organizational mortality. Administrative Science Quarterly, 36 (3), 397-420.
Littunen, H., & Tohmo, T. (2003). The high growth in new metal-based manufacturing and business service firms in Finland. Small Business Economics, 21(2), 187-200.
Lumpkin, G. T., & Dess, G. G. (2001). Linking two dimensions of entrepreneurial orientation to firm performance: The moderating role of environment and industry life cycle. Journal of Business Ven-turing, 16(5), 429-451.
Mason, C., & Brown, R. (2013). Creating good public policy to support high-growth firms. Small Busi-ness Economics, 40(2), 211–225.
Reid, G. C. (1995). Early life-cycle behaviour of micro-firms in Scotland. Small Business Econom-ics, 7(2), 89-95.
Sampagnaro, G. (2013), G. (2013). Estimating rapid-growth SMEs through a reversal of credit-scoring principles. International Journal of Entrepreneurship and Small Business, 18(3), 313.
Shuman, J. C., & Seeger, J. A. (1986). The theory and practice of strategic management in smaller rapid growth firms. American Journal of Small Business, 11(1), 7-18.
Siegel, R., Siegel, E., & Macmillan, I. C. (1993). Characteristics distinguishing high-growth ven-tures. Journal of business Venturing, 8(2), 169-180.
Smith, K. G., Mitchell, T. R., & Summer, C. E. (1985). Top level management priorities in different stages of the organizational life cycle. Academy of management Journal, 28(4), 799-820.
Storey, D. J. (1994). Understanding the Small Business Sector. Thomson Learning EMEA.
Sutton, J. (1997). Gibrat’s legacy. Journal of Economic Literature, 35(1), 40–59.
Wagner, J. (1992). Firm size, firm growth, and persistence of chance: Testing GIBRAT’s law with estab-lishment data from Lower Saxony, 1978-1989. Small Business Economics, 4(2), 125–131
Wagner, J. (1994). Small firm entry in manufacturing industries: Lower Saxony, 1979–1989. Small Business Economics, 6(3), 211-223.
Weiss, C. R. (1998). Size, growth, and survival in the upper Austrian farm sector. Small Business Eco-nomics, 10(4), 305-312.
Wagner, J. (1992). Firm size, firm growth, and persistence of chance: Testing GIBRAT's law with estab-lishment data from Lower Saxony, 1978–1989. Small Business Economics, 4(2), 125-131.
Wagner, J. (1994). The post-entry performance of new small firms in German manufacturing indus-tries. The Journal of Industrial Economics, 42(2), 141-154.