The Direct Employment Effects of New Businesses in Germany Revisited - An Empirical Investigation for 1976 - 2004

Yvonne Schindele and Antje Weyh ()
Additional contact information
Antje Weyh: Institute for Employment Research, IAB regional Saxony

No 2008-076, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: Based on an improved and extended database, the Establishment History Panel, we extend the analysis of Fritsch & Weyh (2006) by investigating the development of employment in German start-up cohorts for the period 1976 to 2004. We conïfirm the typical pattern of an initial increasing and then soon decreasing number of employees in start-up cohorts. Furthermore, we provide some of the first evidence for the "liability of aging" phenomena in Germany. Older firms face a relatively high risk of failure. Although only the largest 25% of the surviving entries grow in terms of employment, after 25 years the number of employees in these relatively large businesses strongly declines.

Keywords: Employment change; new firms; start-up cohorts; liability of agibg (search for similar items in EconPapers)
JEL-codes: D21 L10 L26 L29 M13 (search for similar items in EconPapers)
Date: 2008-10-10
New Economics Papers: this item is included in nep-eec and nep-ent
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
https://oweb.b67.uni-jena.de/Papers/jerp2008/wp_2008_076.pdf (application/pdf)

Related works:
Journal Article: The direct employment effects of new businesses in Germany revisited: an empirical investigation for 1976–2004 (2011)
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:jrp:jrpwrp:2008-076

Access Statistics for this paper

More papers in Jena Economics Research Papers from Friedrich-Schiller-University Jena
Bibliographic data for series maintained by Markus Pasche ().