Please use this identifier to cite or link to this item: https://doi.org/10.48548/pubdata-1237
Resource typeWorking Paper
Title(s)Entry, exit and productivity. Empirical results for German manufacturing industries
DOI10.48548/pubdata-1237
Handle20.500.14123/1300
CreatorWagner, Joachim  0000-0001-6058-4536  129798215
AbstractUsing 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 firms from this cohort in the start year. Results for Spain support all three hypotheses. This paper replicates the study using a unique newly available panel data sets for all manufacturing plants from Germany (1995 – 2002). Again, all three hypotheses are supported empirically.
LanguageEnglish
KeywordsProductivity; Produktivität
Year of publication in PubData2007
Publishing typeFirst publication
Publication versionPublished version
Date issued2007-04-02
Creation contextResearch
Published byMedien- und Informationszentrum, Leuphana Universität Lüneburg
Related resources Relations of this publication
Files in This Item:
File SizeFormat 

wp_44_Upload.pdf
MD5: b20e6837ab05693021e4f3e2ff58e4b7
License:  Nutzung nach Urheberrecht
open-access

293.73 kB

Adobe PDF
View/Open

Items in PubData are protected by copyright, with all rights reserved, unless otherwise indicated.

Citation formats
Access statistics

Page view(s): 24

Download(s): 2