Giovanni Dosi and Xiaodan Yu

Author Archive | Giovanni Dosi and Xiaodan Yu


Technological catching-up, sales dynamics and employment growth: evidence from China’s manufacturing firms

This paper investigates the microeconomics of employment dynamics, using a Chinese manufacturing firm-level dataset over the period 1998-2007. It does so in the light of a scheme of “circular and cumulative causation”, whereby firms’ heterogeneous productivity gains and sales dynamics, and innovation activities ultimately shape the patterns of employment dynamics. Using firm’s productivity growth as […]

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Persistent High-Growth Firms in China’s Manufacturing

This article investigates the characteristics of high-growth (HG) firms in Chinese manufacturing, and further explores the effects of firm characteristics on persistence of high-growth. We employ a multidimensional definition of HG firms that simultaneously accounts for growth of sales and employment. Exploiting a representative panel covering the period of the China’s miracle, we find that […]

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