Data/hora: 01/06/2024 08:08:06

Provedor de dados: | 31
País: | United States
Título: | Firm Entry, Firm Exit, and Urban‐Biased Growth
Autores: | Yu,   Li; Jolly,   Robert W.; Orazem,   Peter F.
Data: | 2009-08-25
Ano: | 2009
Palavras-chave: | Entry – Exit Pattern; Taxonomy; Urban-Bias; Expansion; Churning; Entrepreneurship; Economic Development; Community/Rural/Urban Development; Demand and Price Analysis; Industrial Organization; Labor and Human Capital; Land Economics/Use; Marketing; Production Economics; Productivity Analysis; Public Economics; L26; L53.
Resumo: | We introduce a taxonomy that classifies industries using three criteria: net growth in the number of firms; the interrelationship between firm entry and firm exit; and the degree of urban bias in industry growth. We show that in 9 of 15 two-digit NAICS industries investigated, there is evidence of urban bias consistent with a comparative advantage to starting a business in urban markets. The urban advantage is due primarily to faster firm entry rates. Urban and rural firms have similar firm exit rates, consistent with a presumption that there are equal expected profit rates conditional on entry across markets. Urban areas grow faster because they induce faster firm entry and not because urban firms are more likely to succeed.
Tipo: | Working or Discussion Paper
Idioma: | Inglês
Identificador: | http://purl.umn.edu/54078

Relação:

Iowa State University&gt;Department of Economics&gt;Working Papers

Econ Working Paper

09018

Formato: | 30