[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/nos/voprec/y2022id3799.html
   My bibliography  Save this article

On the issue of industry firm dynamics

Author

Listed:
  • A. V. Zazdravnykh
  • I. M. Tenyakov
Abstract
Today, in the Russian scientific literature, the peculiarities of the development of industry firm dynamics remain understudied, especially from the standpoint of their potential effects on the firms effectiveness. This article evaluates the impact of the entry and exit of firms on financial results and performance indicators of dairy companies. It is proved that the entry and exit parameters of firms, along with the level of industrial concentration, are significant factors determining both the dynamics of gross profit of companies and the industry average rate of gross profit margin. Against the background of declining industry dynamics in 2017—2020, a slowdown of a number of indicators of innovative activity of dairy industry companies and an increase of their profitability indicators have been revealed. At the same time, the impact of industry dynamics on efficiency indicators is ambiguous: it is noticeable on labor productivity values, but no such impact is observed on the efficiency indicators of the use of fixed capital. The influence of the age of industrial companies on labor productivity and capital return has also been established, and the hypothesis of higher production efficiency of younger companies has been confirmed. It is necessary to stimulate the influx of young and innovative companies into the industrial sector, increase the number of new firms, reduce the impact of structural and strategic barriers to entry, and improve the conditions of entrepreneurship in the manufacturing sector of the Russian economy.

Suggested Citation

  • A. V. Zazdravnykh & I. M. Tenyakov, 2022. "On the issue of industry firm dynamics," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 10.
    • Handle: RePEc:nos:voprec:y:2022:id:3799
    DOI: 10.32609/0042-8736-2022-10-66-85
    as

    Download full text from publisher

    File URL: https://www.vopreco.ru/jour/article/viewFile/3799/2510
    Download Restriction: no
    File URL: https://libkey.io/10.32609/0042-8736-2022-10-66-85?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nos:voprec:y:2022:id:3799. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: NEICON (email available below). General contact details of provider: https://www.vopreco.ru .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.