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In our analysis of the impact of new firm formation on regional employment change we identified considerable time lags.We investigated the structure and extent of these time lags by applying the Almon lag model and found that new firms can have both a positive and a negative effect on regional...
Persistent link: https://www.econbiz.de/10005864227
Audretsch and Fritsch (2002) proposed two explanations for the mixed evidenceregarding the relationship between new firm formation and regional development. Firstly,they found evidence for the existence of long time lags needed before the main effects of newfirm formation on employment change...
Persistent link: https://www.econbiz.de/10005864232
We investigate the impact of new business formation on regional employment. The maineffects occur after a considerable time lag. Obviously, a large part of the effect is not due tojob creation by the newcomers but rather is of indirect nature. This implies that a large part ofthe debate about...
Persistent link: https://www.econbiz.de/10005864347