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Business Dynamics Statistics of High Tech Industries

Nathan Goldschlag and Javier Miranda ()

Working Papers from U.S. Census Bureau, Center for Economic Studies

Abstract: Modern market economies are characterized by the reallocation of resources from less productive, less valuable activities to more productive, more valuable ones. Businesses in the High Technology sector play a particularly important role in this reallocation by introducing new products and services that impact the entire economy. Tracking the performance of this sector is therefore of primary importance, especially in light of recent evidence that suggests a slowdown in business dynamism in High Tech industries. The Census Bureau produces the Business Dynamics Statistics (BDS), a suite of data products that track job creation, job destruction, startups, and exits by firm and establishment characteristics including sector, firm age, and firm size. In this paper we describe the methodologies used to produce a new extension to the BDS focused on businesses in High Technology industries.

Pages: 59 pages
Date: 2016-01
New Economics Papers: this item is included in nep-bec, nep-ent and nep-sbm
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https://www2.census.gov/ces/wp/2016/CES-WP-16-55.pdf First version, 2016 (application/pdf)

Related works:
Journal Article: Business dynamics statistics of High Tech industries (2020) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:cen:wpaper:16-55

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