Uchida, Hirofumi; Miyakawa, Daisuke; Hosono, Kaoru; … - Center for Interfirm Network, Institute of Economic Research - 2013
In this paper, we investigate whether a natural selection mechanism works for firm exit. By using data of firms after a … inside and outside the affected areas, which supports the natural selection mechanism. However, we also find that the … the natural selection mechanism. We also apply the same methodology to the case of the Great Hanshin-Awaji Earthquake, and …