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Persistent link: https://www.econbiz.de/10002182090
Economists have long been interested in analyzing entries and exits of establishments. In many countries administrative datasets provide an excellent source for detailed analysis on a fine and disaggregate level. However, administrative datasets are not without problems: restructuring and...
Persistent link: https://www.econbiz.de/10010199016
This paper studies the effects of aggregate, industry-, and firm-specific factors on the exit hazard rates in the … market for daily newspapers in The Netherlands from 1950 to 1996. We present a brief overview of the exit literature. On the … models. We find that exit hazards of daily newspapers depend on the circulation size, ownership, and number of incumbents …
Persistent link: https://www.econbiz.de/10011412852
1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms that … enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more … (Econometrica 1992): (H1) Firms that exit in year t were in t-1 less productive than firms that continue to produce in t. (H2) Firms …
Persistent link: https://www.econbiz.de/10003540023
In this paper we analyse the impact of employment protection legislation (EPL) on firms' entry and exit rates for a … lower entry and exit rates, particularly in industries characterized by higher job reallocation intensity. We also find that … both collective and individual dismissal regulations reduce firms' entry and exit rates. Interestingly, our results suggest …
Persistent link: https://www.econbiz.de/10011452573
time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … indication of the importance of barriers to firm growth as opposed to barriers to entry. Transition economies show an even more …
Persistent link: https://www.econbiz.de/10002481769
entrepreneurship at both edges of the size distribution. The model is then used to analyse the effects of productivity growth … firms can indirectly have a strong effect on entry by low-ability entrepreneurs and thus on the prevalence of small firms. …
Persistent link: https://www.econbiz.de/10010221558
(NETS) database for the period 1997 to 2013. The results indicate that immigration increases the business growth rate by …
Persistent link: https://www.econbiz.de/10012179601
selectivity is larger, the lower the variance of productivity innovations. The model can be extended to allow for firm entry and … trend productivity growth, and a selection process with memory. Empirical evidence suggests that, in accordance to the model …
Persistent link: https://www.econbiz.de/10010440555
A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can …
Persistent link: https://www.econbiz.de/10011411458