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Geroski's Stylized Facts and Mobility of Large German Manufacturing Firms

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  • Uwe Cantner

    ()

  • Jens J. Krüger

    ()

Abstract

Paul Geroski has established two stylized facts with respect to the prevalence of differential changes (mobility) of indicators of economic and technological performance: technological indicators show a larger amount of mobility than do economic indicators. We assess the two stylized facts for a sample of 392 large German firms observed over the period 1981--1993 and assigned to eleven manufacturing industries. We analyze these data with two novel methods, Salter curves and mobility indices based on fractile Markov chains. Our analysis supports Geroski's two stylized facts in the case of large German manufacturing firms taking account of sectoral differences.

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Bibliographic Info

Article provided by Springer in its journal Review of Industrial Organization.

Volume (Year): 24 (2004)
Issue (Month): 3 (05)
Pages: 267-283

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Handle: RePEc:kap:revind:v:24:y:2004:i:3:p:267-283

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Web page: http://www.springerlink.com/link.asp?id=100336

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Cited by:
  1. Hans Lööf, 2011. "R&D-Persistency, Metropolitan Externalities and Productivity," ERSA conference papers ersa11p1396, European Regional Science Association.
  2. André van Stel & Mickey Folkeringa & Kashifa Suddle & Sita Tan, 2009. "Measuring business dynamics among incumbent firms in The Netherlands," Scales Research Reports H200816, EIM Business and Policy Research.
  3. André van Stel & Mickey Folkeringa & Sierdjan Koster, 2010. "Start-ups as drivers of market mobility: An analysis at the region-sector level for the Netherlands," Scales Research Reports H200905, EIM Business and Policy Research.

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