Please use this identifier to cite or link to this item: https://doi.org/10.48548/pubdata-1237
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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
DDC330 :: Wirtschaft
Year of publication in PubData2007
Publishing typeFirst publication
Publication versionPublished version
Date issued2007-04-02
Creation contextResearch
Faculty / departmentFrühere Fachbereiche
Series title and numberWorking paper series in economics
44
Alternative Idenfier(s)urn:nbn:de:gbv:luen4-opus4-4669
Date of Availability2024-08-23T07:46:28Z
Archiving Facility Medien- und Informationszentrum (Leuphana Universität Lüneburg  02w2y2t16)
Published byMedien- und Informationszentrum, Leuphana Universität Lüneburg
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