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 …

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 …

negative effect on employment growth. We explore the possibility that the exit of Pharmacia may not have had a negative effect …

-product firms perform better than single-product firms and their labor productivity growth rates are higher. Empirical studies at … products see a decline in labor productivity, due to output reduction exceeding the magnitude of the reduction in employment. …

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 … productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …

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 … productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …

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 … productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …

We analyse productivity growth in UK manufacturing 1980-92 using the newly available ARD panel of establishments drawn … organizational change) and 'external' restructuring (the process by which less efficient establishments exit and more efficient … establishments enter and increase market share). We find that (a) 'external restructuring' accounts for 50% of labour productivity …

This paper discusses the impact of newly created firms on industry productivity growth. Our central hypothesis is that … there are two potential effects of new firms on productivity growth: a direct effect, as entrants may be relatively more … elevate their productivity in order to survive. The results of the decomposition exercise of aggregate productivity growth …