Firm Entry, Survival, and Exit
نویسندگان
چکیده
منابع مشابه
Interdependencies in the Dynamics of Firm Entry and Exit
Kristina Nyström Jönköping International Business School P.O. Box 1026 SE-551 11 Jönköping Sweden E-mail: [email protected] (Competing for the young economist award) Abstract: This paper investigates the dynamics of firm entry and exit with a focus on differences between industrial sectors. The paper discusses how entry rates in industrial sectors are affected by previous exit and ent...
متن کاملEntry and Exit Echoes∗
While aggregate data do not show the investment echoes predicted by vintage-capital models, echoes arise in rates of entry and exit of firms at the industry level. Moreover, industries where prices decline rapidly experience early ‘shakeouts’. The relation emerges naturally in a vintage-capital model in which exit of firms sometimes accompanies the replacement of their capital, and in which a s...
متن کاملTax Policy and Firm Entry and Exit Dynamics: Evidence from OECD Countries
In this paper we study the effects of reforms to corporate and personal income taxation on the rate of firm entry and exit using industry data for 19 OECD countries from 1998 to 2005. Using a difference-in-differences approach to correct for endogeneity bias we find that increases in corporate taxation affect entry but not exit. This drop in entry is statistically and economically significant, ...
متن کامل– 064 Entry , Exit and Productivity
Using panel data from Spain Farinas and Ruano (IJIO 2005) test three hypotheses from a model by Hopenhayn (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 that enter in year t are less productive than incumbent firms in year t. (H3) Surviving firms from an entry cohort were more productive than non-surviving fir...
متن کاملThe Role of Pre-Entry Experience, Entry Timing, and Product Technology Strategies in Explaining Firm Survival
S the U.S. personal computer industry from its inception in 1974 through 1994, we address the following questions. What product technology strategies increase the survival chances of entrants into new, technologically dynamic industries? Does the effectiveness of these strategies differ by pre-entry experience? Does the effectiveness of these strategies differ by when firms enter a new industry...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Academic Journal of Interdisciplinary Studies
سال: 2013
ISSN: 2281-3993,2281-4612
DOI: 10.5901/ajis.2013.v2n9p160