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Did US Business Dynamism Recover in the 2010s?

Asier Aguilera-Bravo, Miguel Casares and Hashmat Khan ()

No 2105, Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra from Departamento de Economía - Universidad Pública de Navarra

Abstract: We provide evidence that both firm and establishment entry rates in the US have been increasing over the past decade, seemingly ending the secular decline observed over previous decades. However, the job-size of new businesses relative to incumbents has decreased substantially. Controlling for these opposite trends reveals that the size-adjusted entry rate continues to decline.

Pages: 12 pages
Date: 2021
New Economics Papers: this item is included in nep-bec, nep-ent, nep-isf and nep-sbm
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Journal Article: Did US business dynamism recover in the 2010s? (2022) Downloads
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