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This paper examines the impact of entry on the structure of the U.S. chemical industries in the period 1963-1982. The paper measures both the immediate impact of entrants in terms of number, size and market shares and their subsequent growth and/or exit. Particular attention is devoted to the...
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This article quantifies the role of plant construction, expansion, contraction, and closing in generating net and gross changes in U.S. manufacturing employment over the 1963-82 period. A new longitudinal data set, constructed from the plant-level observations collected in the last five Census...
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This article summarizes the patterns of firm entry, growth, and exit in the four-digit U.S. manufacturing industries over the period 1963-1982. Entrants are disaggregated into new firms, existing firms that diversify into an industry by opening new production facilities, and existing firms that...
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This paper examines the patterns of postentry growth and failure for over 200,000 plants that entered the U.S. manufacturing sector in the 1967-77 period. The postentry patterns of growth and failure vary significantly with observable employer characteristics. Plant failure rates decline with...
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Explores the plant growth and exit patterns that underlie the gross employment flows for the U.S. manufacturing sector from 1967-1982. Data was obtained from the U.S. Census of Manufactures. Using Jovanovic's (1982) theoretical model, which relies on employer heterogeneity and market selection...
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