English, Article, Journal or magazine article edition: The Direct Employment Effects of New Businesses in Germany Revisited - An Empirical Investigation for 1976 - 2004 Yvonne Schindele; Antje Weyh

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Bookmark: http://trove.nla.gov.au/version/1156
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Direct Employment Effects of New Businesses in Germany Revisited - An Empirical Investigation for 1976 - 2004
Author
  • Yvonne Schindele
  • Antje Weyh
Physical Description
  • preprint
Notes
  • Based on an improved and extended database, the Establishment History Panel, we extend the analysis of Fritsch &​ Weyh (2006) by investigating the development of employment in German start-up cohorts for the period 1976 to 2004. We conïfirm the typical pattern of an initial increasing and then soon decreasing number of employees in start-up cohorts. Furthermore, we provide some of the first evidence for the "liability of aging" phenomena in Germany. Older firms face a relatively high risk of failure. Although only the largest 25% of the surviving entries grow in terms of employment, after 25 years the number of employees in these relatively large businesses strongly declines.
  • Employment change, new firms, start-up cohorts, liability of agibg
  • RePEc:jrp:jrpwrp:2008-076
Language
  • English
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