Advanced Search
MyIDEAS: Login

Exit from Declining Industries and the Case of Steel Castings

Contents:

Author Info

  • Baden-Fuller, Charles W F
Registered author(s):

    Abstract

    Because of conflicts between owners, managers and creditors, closure of unprofitable plants may be more difficult for an undiversified firm than a diversified firm. An examination of qualitative and quantitative evidence on plant closures in the U.K. steel castings industry between 1979 and 1983 supports the view that firm effects matter and suggests that closure patterns may have been inefficient. Copyright 1989 by Royal Economic Society.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://links.jstor.org/sici?sici=0013-0133%28198912%2999%3A398%3C949%3AEFDIAT%3E2.0.CO%3B2-G&origin=bc
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Royal Economic Society in its journal The Economic Journal.

    Volume (Year): 99 (1989)
    Issue (Month): 398 (December)
    Pages: 949-61

    as in new window
    Handle: RePEc:ecj:econjl:v:99:y:1989:i:398:p:949-61

    Contact details of provider:
    Postal: Office of the Secretary-General, School of Economics and Finance, University of St. Andrews, St. Andrews, Fife, KY16 9AL, UK
    Phone: +44 1334 462479
    Email:
    Web page: http://www.res.org.uk/
    More information through EDIRC

    Order Information:
    Web: http://www.blackwellpublishers.co.uk/asp/journal.asp?ref=0013-0133

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Disney, Richard F & Haskel, Jonathan & Heden, Ylva, 2000. "Restructuring And Productivity Growth In UK Manufacturing," CEPR Discussion Papers 2463, C.E.P.R. Discussion Papers.
    2. Colin Wren & Jonathan Jones, 2003. "Re-investment, Survival and the Embeddedness of Foreign-Owned Plants," ERSA conference papers ersa03p19, European Regional Science Association.
    3. Darren Filson & Bunchon Songsamphant, 2005. "Horizontal mergers and exit in declining industries," Applied Economics Letters, Taylor & Francis Journals, vol. 12(2), pages 129-132.
    4. Matthew P Fleischmann & David Prentice, 2000. "Strategy, Scale or Policy? Exit in the Australian Car Industry," Working Papers 2000.14, School of Economics, La Trobe University.
    5. Jonathan Jones & Colin Wren, 2008. "Re-Investment and the Survival of Foreign-Owned Plants," SERC Discussion Papers 0003, Spatial Economics Research Centre, LSE.
    6. Mark Roberts & Shawn Klimek & Timothy Dunne, 2004. "Entrant Experience and Plant Exit," Working Papers 04-12, Center for Economic Studies, U.S. Census Bureau.
    7. Louri, Helen & Peppas, Costas & Tsionas, Efthymios, 2006. "Foreign presence, technical efficiency and firm survival in Greece: a simultaneous equation model with latent variables approach," MPRA Paper 29274, University Library of Munich, Germany.
    8. Gamal Atallah, 2006. "Opportunity Costs, Competition, and Firm Selection," International Economic Journal, Taylor & Francis Journals, vol. 20(4), pages 409-430.
    9. John Sutton, 1996. "Gibrats Legacy," STICERD - Economics of Industry Papers 14, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    10. Georgios Fotopoulos & Helen Louri, 2000. "Determinants of Hazard Confronting New Entry: Does Financial Structure Matter?," Review of Industrial Organization, Springer, vol. 17(3), pages 285-300, November.
    11. H. Van Kranenburg & F. Palm & G. Pfann, 2002. "Exit and Survival in a Concentrating Industry: The Case of Daily Newspapers in the Netherlands," Review of Industrial Organization, Springer, vol. 21(3), pages 283-303, November.
    12. John M. Abowd & Bruno Crepon & Francis Kramarz, 1997. "Moment Estimation with Attrition," NBER Technical Working Papers 0214, National Bureau of Economic Research, Inc.
    13. Mathias Erlei & Jens-Peter Springmann, 2006. "Small is Successful!?," TUC Working Papers in Economics 0005, Abteilung für Volkswirtschaftslehre, Technische Universität Clausthal (Department of Economics, Technical University Clausthal).
    14. Julio Orlando De Castro, 2004. "The Fallacy of ´Only the Strong Survive´: The Effects of Extrinsic (...)," Working Papers Economia wp04-07, Instituto de Empresa, Area of Economic Environment.
    15. van Kranenburg, Hans & Palm, Franz C. & Pfann, Gerard A., 2002. "Survival in a Concentrating Industry: The Case of Daily Newspapers in the Netherlands," IZA Discussion Papers 565, Institute for the Study of Labor (IZA).
    16. Harald Strotmann, 2007. "Entrepreneurial Survival," Small Business Economics, Springer, vol. 28(1), pages 87-104, January.
    17. Susanne Prantl, 2000. "Post-Entry Selection Among Newly Founded Firms in East and West Germany after Unification: A Competing Risk Model with Forced Bankruptcy Liquidations and Voluntary Liquidations," Econometric Society World Congress 2000 Contributed Papers 1602, Econometric Society.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ecj:econjl:v:99:y:1989:i:398:p:949-61. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.