While the entry and exit of firms is an important component of many economic models, measures of the importance of the associated firm turnover have been lacking. Using a specially constructed data base from the Canadian Census of Manufactures that allows firms and establishments to be followed...

Considerable interest in the effect of mergers in high technology industries exists because this sector is seen to be strategically important for industrial policy. This paper investigates the effect of mergers in this sector, comparing them to mergers in other industries. The effect of...