Publication: Did US business dynamism recover in the 2010s?
Date
2022
Authors
Director
Publisher
Elsevier
Acceso abierto / Sarbide irekia
Artículo / Artikulua
Versión publicada / Argitaratu den bertsioa
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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