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A comment on Nishimura, Nakajima, and Kiyota's "Does the natural selection mechanism still work in severe recessions? : examination of the Japanese economy in the 1990s"
Okada, Tae (contributor); Horioka, Charles (contributor) - 2007
find that relatively efficient (high total factor productivity (TFP)) firms exited while relatively inefficient (low TFP …. -- Total factor productivity ; Entry and exit ; Natural selection ; Directional selection ; Disruptive selection ; Evolution … ; Japanese economy ; Japan …
Persistent link: https://www.econbiz.de/10003407393
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A comment on Nishimura, Nakajima, and Kiyota's "Does the natural selection mechanism still work in severe recessions? : Examination of the Japanese economy in the 1990s"
Okada, Tae; Horioka, Charles - 2007
Nishimura et al. (2005) analyze the entry/exit behavior of Japanese firms during the 1990s and find that relatively efficient firms exited while relatively inefficient firms survived during the banking-crisis period of 1996-97. They conclude that the natural selection mechanism (NSM) apparently...
Persistent link: https://www.econbiz.de/10003520804
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A comment on Nishimura, Nakajima, and Kiyota's "Does the natural selection mechanism still work in severe recessions? : examination of the Japanese economy in the 1990s"
Okada, Tae; Horioka, Charles - In: Journal of economic behavior & organization : JEBO 67 (2008) 2, pp. 517-520
Persistent link: https://www.econbiz.de/10003746656
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Does the natural selection mechanism still work in severe recessions? : examination of the Japanese economy in the 1990s
Nishimura, Kiyohiko; Nakajima, Takanobu; Kiyota, Kōzō - In: Journal of economic behavior & organization : JEBO 58 (2005) 1, pp. 53-78
Persistent link: https://www.econbiz.de/10003137639
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A Comment on Nishimura, Nakajima, and Kiyota's "Does the Natural Selection Mechanism Still Work in Severe Recessions? Examination of the Japanese Economy in the 1990s"
Okada, Tae - 2007
Nishimura et al. (2005) analyze the entry/exit behavior of Japanese firms during the 1990s and find that relatively efficient firms exited while relatively inefficient firms survived during the banking-crisis period of 1996-97. They conclude that the natural selection mechanism (NSM) apparently...
Persistent link: https://www.econbiz.de/10012776344
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A Comment on Nishimura, Nakajima, and Kiyota's Does the Natural Selection Mechanism Still Work in Severe Recessions? Examination of the Japanese Economy in the 1990s
Okada, Tae; Horioka, Charles Yuji - 2007
find that relatively efficient (high total factor productivity (TFP)) firms exited while relatively inefficient (low TFP …
Persistent link: https://www.econbiz.de/10014053313
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Exit and entry, increasing returns to specialization, and business cycles
Devereux, Michael B.; Head, Allen Charles; Lapham, … - 1993
Persistent link: https://www.econbiz.de/10000855665
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Entry, exit, embodied technology, and business cycles
Campbell, Jeffrey R. - 1997
Persistent link: https://www.econbiz.de/10000621550
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Exit and entry, increasing returns to specialization, and business cycles
Devereux, Michael B.; Head, Allen Charles; Lapham, … - 1993
Persistent link: https://www.econbiz.de/10000135977
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Exit and entry, increasing returns to specialization, and business cycles
Devereux, Michael B.; Head, Allen Charles; Lapham, … - 1993
Persistent link: https://www.econbiz.de/10000141686