Publication: Did US business dynamism recover in the 2010s?
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Date
2021
Authors
Director
Publisher
Acceso abierto / Sarbide irekia
Documento de trabajo / Lan gaia
Project identifier
AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PGC2018-093542-B-I00/ES/
Abstract
We provide evidence that both firm and establishment entry rates in the US have been increasing over the past decade, seemingly ending the secular decline observed over previous decades. However, the job-size of new businesses relative to incumbents has decreased substantially. Controlling for these opposite trends reveals that the size-adjusted entry rate continues to decline.
Description
Keywords
Business entry rates, Business dynamism, Size-adjusted entry rates, BDS, BED
Department
Ekonomia / Institute for Advanced Research in Business and Economics - INARBE / Economía
Faculty/School
Degree
Doctorate program
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