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New small firms and dimensions of economic performance

Sherrill Shaffer (), Iftekhar Hasan and Mingming Zhou ()
Additional contact information
Mingming Zhou: University of Alaska at Fairbanks

No 4/2009, Research Discussion Papers from Bank of Finland

Abstract: Using data from US labour 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 than previously documented, and point to several potential tradeoffs associated with entry by small firms.

Keywords: growth; stability; employment; entry (search for similar items in EconPapers)
JEL-codes: J23 M13 O10 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-ent and nep-tid
Date: 2009-01-21
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Working Paper: NEW SMALL FIRMS AND DIMENSIONS OF ECONOMIC PERFORMANCE (2008) Downloads
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