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The Impact of Selected Economic Variables on New Business Formation and Business Failures

Author

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  • J. Kent Millington

    (Pocatello, ID)

Abstract

The current study was undertaken to identify economic variables that could be identified as influential in new business formations and failures. Monthly formations and failures for each state, summed by regions and the entire USA, as reported by Dun & Bradstreet, are used. The time period is from January, 1980 to October, 1991.

Suggested Citation

  • J. Kent Millington, 1994. "The Impact of Selected Economic Variables on New Business Formation and Business Failures," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 3(2), pages 177-179, Spring.
    • Handle: RePEc:pep:journl:v:3:y:1994:i:2:p:177-179
    as

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    References listed on IDEAS

    as
    1. Williamson, Stephen D, 1987. "Financial Intermediation, Business Failures, and Real Business Cycles," Journal of Political Economy, University of Chicago Press, vol. 95(6), pages 1196-1216, December.
    2. Evans, David S & Leighton, Linda S, 1989. "Some Empirical Aspects of Entrepreneurship," American Economic Review, American Economic Association, vol. 79(3), pages 519-535, June.
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    More about this item

    Keywords

    New Business Formation; Failures; Startup;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

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