National, regional or industrial explanation for firms' deaths in the European Union since 2010 until 2014 - a shift-share application

Kseniia Shinkarenko, Alcina Nunes and Tatiana Khvatova

Global Business and Economics Review, 2019, vol. 21, issue 3/4, 346-361

Abstract: The concept of business closure is one of the most important in business demography. Traditionally, firms' closure has been associated with regional factors. Still, a region can have different from the nation aggregate rate of activity because it has a different mix of industries and/or because it enjoys comparatively more favourable local conditions. Thus, business closure may be driven by the business cycle, industrial composition as well as a regional advantage. So, the present work is dedicated to analyse the factors that may drive business closure in European Union countries between 2010 and 2014, and to find out which of them has/have been the most important one(s). For this purpose, a shift-share decomposition analysis of business closure will be applied. The results proved that regional component had the highest impact on firms' deaths during the investigated period of time for almost all countries included in the analysis.

Keywords: business demography; firm deaths; firm closure; shift-share decomposition analysis; national component; industrial component; regional component; manufacturing; services; construction; European Union. (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=99399 (text/html)
Access to full text is restricted to subscribers.

Related works:
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:ids:gbusec:v:21:y:2019:i:3/4:p:346-361

Access Statistics for this article

More articles in Global Business and Economics Review from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().