English, Article, Journal or magazine article edition: Entry, Exit and Productivity Empirical Results for German Manufacturing Industries Joachim Wagner

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Bookmark: http://trove.nla.gov.au/version/768
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Entry, Exit and Productivity: Empirical Results for German Manufacturing Industries
Author
  • Joachim Wagner
Physical Description
  • preprint
Notes
  • Using 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.
  • RePEc:jrp:jrpwrp:2007-064
  • entry, exit, productivity
  • RePEc:iza:izadps:dp2667
Language
  • English
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