Did US business dynamism recover in the 2010s?
Fecha
2021Versión
Acceso abierto / Sarbide irekia
Tipo
Documento de trabajo / Lan gaiak
Identificador del proyecto
Impacto
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nodoi-noplumx
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Resumen
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. ...
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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. [--]
Materias
Business entry rates,
Business dynamism,
Size-adjusted entry rates,
BDS,
BED
Serie
Documentos de Trabajo DE - ES Lan Gaiak /
2105
Departamento
Universidad Pública de Navarra. Departamento de Economía /
Nafarroako Unibertsitate Publikoa. Ekonomia Saila /
Universidad Pública de Navarra/Nafarroako Unibertsitate Publikoa. Institute for Advanced Research in Business and Economics - INARBE
Entidades Financiadoras
Miguel Casares would like to thank the Spanish government (research project PGC2018-093542-B-I00) for the financial support.