Publication:
Did US business dynamism recover in the 2010s?

Date

2022

Director

Publisher

Elsevier
Acceso abierto / Sarbide irekia
Artículo / Artikulua
Versión publicada / Argitaratu den bertsioa

Project identifier

AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PGC2018-093542-B-I00/ES/recolecta
Métricas Alternativas

Abstract

We provide evidence that both firm and establishment entry rates in the US have been increasing over the past decade, seemingly ending the decline observed over previous decades. However, neither the job creation and destruction rates nor the reallocation rates show signs of recovery. These conflicting features are reconciled after we control for the changes in job size of business units. As a result, we conclude that business dynamism flattened at historically low levels during the 2010s.

Description

Keywords

BDS, BED, Business dynamism, Size-adjusted entry and exit rates

Department

Ekonomia / Institute for Advanced Research in Business and Economics - INARBE / Economía

Faculty/School

Degree

Doctorate program

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