NEW SMALL FIRMS AND DIMENSIONS OF ECONOMIC PERFORMANCE

Sherrill Shaffer (), Iftekhar Hasan and Mingming Zhou

CAMA Working Papers from Australian National University, Centre for Applied Macroeconomic Analysis

Abstract: Using data from metropolitan U.S. labor market areas, we quantify empirical associations between entry by small firms and a vector of economic performance measures encompassing levels, volatilities, and growth rates of several income and employment variables. Distinct and robust associations are found for net and gross rates of entry. These results suggest a richer variety of effects of entry in metropolitan markets than previously documented, and point to several potential tradeoffs associated with entry by small firms.

JEL-codes: O1 J23 M13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-ent, nep-knm and nep-tid
Date: 2008-07
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Related works:
Working Paper: New small firms and dimensions of economic performance (2009)
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Persistent link: http://EconPapers.repec.org/RePEc:acb:camaaa:2008-24

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