The cyclical dynamics of industries in West Germany : testing the industry life cycle hypothesis

by Thomas Brenner; Matthias Dorner

We test the industry life cycle hypothesis for 205 industries in West Germany between 1976 and 2009. In particular we analyse whether population indicators follow a cyclical path. Using a novel non-linear regression approach to identify life cycles we find that the number of establishments, employees, entries and exits follow in most industries a path that is well represented by at least a part of a cycle. Most industries that show cyclical behaviour run (partially) through their life cycle in the considered time period.

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Year of publication:	2015
Authors:	Brenner, Thomas ; Dorner, Matthias
Publisher:	Marburg : Philipps-Univ., Dep. of Geography
Subject:	Industry life cycle \| cyclical development \| establishment \| employment \| industry dynamics \| Deutschland \| Germany \| Industrie \| Manufacturing industries \| Lebenszyklus \| Life cycle \| Konjunktur \| Business cycle \| Schätzung \| Estimation

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Extent:	Online-Ressource (10 S.) graph. Darst.
Series:	Papers on economics and evolution. - Jena : [Verlag nicht ermittelbar], ZDB-ID 2195051-9. - Vol. 1505
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/145977 [Handle]
Classification:	C23 - Models with Panel Data ; L16 - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure; Industrial Price Indices ; O33 - Technological Change: Choices and Consequences; Diffusion Processes
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011403860