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Fitness and Age: Review of Carroll and Hannan's Demography of Corporations and Industries

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  • Boyan Jovanovic

Abstract

The Demography of Corporations and Industries (2000) by Glenn R. Carroll and T. Michael Hannan is a welcome addition to a body of empirical analysis of firms and industries that studies the effects of technological change and other changes that occur over time. The book contains a wealth of facts, and some new insights too. It will make useful secondary reading in some graduate courses in economics, and I would recommend it to anyone whose research relates to the concept of creative destruction.

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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jel.39.1.105
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Bibliographic Info

Article provided by American Economic Association in its journal Journal of Economic Literature.

Volume (Year): 39 (2001)
Issue (Month): 1 (March)
Pages: 105-119

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Handle: RePEc:aea:jeclit:v:39:y:2001:i:1:p:105-119

Note: DOI: 10.1257/jel.39.1.105
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References

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  1. Reinganum, Jennifer R., 1982. "Uncertain Innovation and the Persistence of Monopoly," Working Papers 431, California Institute of Technology, Division of the Humanities and Social Sciences.
  2. Bahk, Byong-Hong & Gort, Michael, 1993. "Decomposing Learning by Doing in New Plants," Journal of Political Economy, University of Chicago Press, vol. 101(4), pages 561-83, August.
  3. Gort, Michael, 1969. "An Economic Disturbance Theory of Mergers," The Quarterly Journal of Economics, MIT Press, vol. 83(4), pages 624-42, November.
  4. Jovanovic, Boyan, 1982. "Selection and the Evolution of Industry," Econometrica, Econometric Society, vol. 50(3), pages 649-70, May.
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Citations

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Cited by:
  1. Nicola Cetorelli, 2009. "Credit market competition and the nature of firms," Staff Reports 366, Federal Reserve Bank of New York.
  2. Damien Rousselière & Iragaël Joly, 2011. "A propos de la capacité à survivre des coopératives : une étude de la relation entre âge et mortalité des organisations coopératives agricoles françaises," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 92(3), pages 259-289.
  3. Fritsch, Michael & Weyh, Antje, 2004. "How large are the direct employment effects of new businesses? An empirical investigation," Freiberg Working Papers 2004,05, TU Bergakademie Freiberg, Faculty of Economics and Business Administration.
  4. Yvonne Schindele & Michael Fritsch & Florian Noseleit, 2011. "Micro-level Evidence on the Survival of German Manufacturing Industries - A Multidimensional Analysis (refereed paper)," ERSA conference papers ersa10p549, European Regional Science Association.
  5. Frech, Ted, 2002. "Corporate Demography and Empirical Industrial Organization: A Critical Appraisal," University of California at Santa Barbara, Economics Working Paper Series qt451647b2, Department of Economics, UC Santa Barbara.
  6. Michael Fritsch & Oliver Falck & Udo Brixy, 2004. "The Effect of Industry, Region and Time on New Business Survival - A Multi-Dimensional Analysis," Papers on Entrepreneurship, Growth and Public Policy 2004-31, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
  7. Tuncer Bulutay & Enver Taþtý, 2004. "Informal Sector in the Turkish Labour Market," Working Papers 2004/22, Turkish Economic Association.
  8. Michael Fritsch & Florian Noseleit & Yvonne Schindele, 2014. "Surviving Against the Tide: Are New Businesses in Innovative Industries Less Affected by General Economic Trends?," Jena Economic Research Papers 2014-017, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
  9. Gábor Péli & Arjen van Witteloostuijn, 2009. "Optimal monopoly market area spanning in multidimensional commodity spaces," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(1), pages 1-14.
  10. Werner Hölzl, 2002. "Exit, Entry and industry turbulence in Austrian Manufacturing, 1981-1994," Working Papers geewp21, Vienna University of Economics Research Group: Growth and Employment in Europe: Sustainability and Competitiveness.
  11. Aurora Teixeira, 2003. "Does Inertia Pay Off? Empirical assessment of an evolutionary-ecological model of human capital decisions at firm level," FEP Working Papers 124, Universidade do Porto, Faculdade de Economia do Porto.

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