The importance of firm size for the economic growth of brazilian micro-regions

Authors

  • Douglas Mesquita Carneiro Universidade Luterana do Brasil - ULBRA Campus Torres
  • Carlos Eduardo Lobo e Silva PUCRS
  • Tulio Antonio Cravo

DOI:

https://doi.org/10.17058/redes.v23i3.11952

Keywords:

Firms size. Economic growth. Spatial spillovers.

Abstract

The objective of this work is to analyze the role of firm size for the economic growth of the 558 Brazilian micro-regions from 1999 to 2009. It was used a panel data estimations with GMM system and a spatial econometric analysis. Estimates for Brazil as a whole show that the presence of large companies in the industrial sector has contributed positively to the economic growth of regions, whereas small businesses and economic growth presented a negative relationship. The presence of spatial heterogeneity in the sample is characterized by two different spatial clusters with respect to per capita income. The analysis of each spatial clusters separately points out that the relationship between firm size and economic growth in the richest regions remains the same, while in the regions of lower GDP per capita, the size of the firms does not influence the economic growth.

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Author Biographies

  • Douglas Mesquita Carneiro, Universidade Luterana do Brasil - ULBRA Campus Torres
    Doutor economia do desevolvimento PPGE/PUCRS
  • Carlos Eduardo Lobo e Silva, PUCRS
    Professor PPGE/PUCRS

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Published

2018-09-12

Issue

Vol. 23 No. 3 (2018): Cooperação Territorial e Desenvolvimento Regional: Arenas Politicas, Tipologias Institucionais, Processos de Cooperação

Section

Articles

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How to Cite

The importance of firm size for the economic growth of brazilian micro-regions. (2018). Redes , 23(3), 395-421. https://doi.org/10.17058/redes.v23i3.11952