dc.contributor |
Universitat Rovira i Virgili. Departament d'Economia |
dc.contributor.author |
Manjón Antolín, Miguel C. |
dc.date.accessioned |
2006-04-27T18:12:47Z |
dc.date.available |
2006-04-27T18:12:47Z |
dc.date.issued |
2004 |
dc.identifier.issn |
1576 - 3382 |
dc.identifier.uri |
http://hdl.handle.net/2072/1778 |
dc.description.sponsorship |
Research funding from the CICYT grant SEC2000-0882-C02-02. |
dc.format.extent |
140769 bytes |
dc.format.mimetype |
application/pdf |
dc.language.iso |
eng |
dc.relation.ispartofseries |
Documents de treball del Departament d'Economia;2004-4 |
dc.rights |
Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i el departament i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús (http://creativecommons.org/licenses/by-nc-nd/2.5/es/) |
dc.subject |
Agregació (Estadística) |
dc.subject |
Espanya |
dc.subject |
Indústries |
dc.subject |
Anàlisi de dades de pannell |
dc.subject |
Simetria (Matemàtica) |
dc.title |
Firm Size and Short-Term Dynamics in Aggregate Entry and Exit |
dc.type |
info:eu-repo/semantics/workingPaper |
dc.description.abstract |
Much of the research on industry dynamics focuses on the interdependence between the sectorial rates
of entry and exit. This paper argues that the size of firms and the reaction-adjustment period are
important conditions missed in this literature. I illustrate the effects of this omission using data from the Spanish manufacturing industries between 1994 and 2001. Estimates from systems of equations models provide evidence of a conical revolving door phenomenon and of partial adjustments in the
replacement-displacement of large firms. KEYWORDS: aggregation, industry dynamics, panel data, symmetry, simultaneity.
JEL CLASSIFICATION: C33, C52, L60, L11 |