Dunne, Timothy; Roberts, Mark J.; Samuelson, Larry - In: RAND Journal of Economics 19 (1988) 4, pp. 495-515
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...