Entry, Exit and Productivity: Empirical Results for German Manufacturing Industries

Joachim Wagner ()

German Economic Review, 2010, vol. 11, issue 1, 78-85

Abstract: From a model by Hopenhayn, three hypotheses can be derived: (H1) Firms that exit in year t were less productive in t -1 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 nonsurviving firms from this cohort in the start year. This paper uses unique newly available panel datasets for all manufacturing plants from Germany (1995-2002) to test these hypotheses. All three hypotheses are supported empirically for West and East Germany.

Keywords: Entry; exit; productivity (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (20)

Downloads: (external link)
https://doi.org/10.1111/j.1468-0475.2009.00462.x (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
Journal Article: Entry, Exit and Productivity: Empirical Results for German Manufacturing Industries (2010)
Working Paper: Entry, Exit and Productivity: Empirical Results for German Manufacturing Industries (2007)
Working Paper: Entry, Exit and Productivity Empirical Results for German Manufacturing Industries (2007)
Working Paper: Enty, Exit and Productivitry - Empirical Results for German Manufacturing Industries (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:germec:v:11:y:2010:i:1:p:78-85

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/ger/html

DOI: 10.1111/j.1468-0475.2009.00462.x

Access Statistics for this article

German Economic Review is currently edited by Peter Egger, Almut Balleer, Jesus Crespo-Cuaresma, Mario Larch, Aderonke Osikominu and Georg Wamser

More articles in German Economic Review from De Gruyter
Bibliographic data for series maintained by Peter Golla ().