dc.contributor
Universitat Rovira i Virgili. Departament d'Economia
cat
dc.contributor.author
Manjón Antolín, Miguel C.
dc.date.accessioned
2006-04-27T18:12:47Z
dc.date.accessioned
2024-12-10T13:29:12Z
dc.date.available
2006-04-27T18:12:47Z
dc.date.available
2024-12-10T13:29:12Z
dc.identifier.issn
1576 - 3382
dc.identifier.uri
http://hdl.handle.net/2072/1778
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
eng
dc.description.sponsorship
Research funding from the CICYT grant SEC2000-0882-C02-02.
en
dc.format.extent
140769 bytes
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application/pdf
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/)
cat
dc.subject
Agregació (Estadística)
en
dc.subject
Anàlisi de dades de pannell
en
dc.subject
Simetria (Matemàtica)
en
dc.title
Firm Size and Short-Term Dynamics in Aggregate Entry and Exit
en
dc.type
info:eu-repo/semantics/workingPaper
en
