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A micro-simulation model of firms: Applications of concepts of the demography of the firm

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Author Info
Leo van Wissen () (Netherlands Interdisciplinary Demographic Institute ; Faculty of Spatial Sciences, University of Groningen, RUG, P.O.Box 800, 9700 AV Groningen, The Netherlands)
Abstract

Recently, there is an increasing demand in spatial planning for models based on the demographic concepts of birth and death of firms. This article describes the structure of a spatial demographic simulation model of firms, and its application within The Netherlands. The model structure is essentially of the familiar demographic cohort component type, where an initial cohort of firms ages in a number of discrete steps, and where in each step additions and subtractions to and from the population are modelled using birth, death and migration components. Apart from the central processes of birth, death and migration, the type of economic activity and firm size are highly important for understanding firm behaviour over time. The article describes the transition functions for each of the demographic components and for firm growth. In addition, some empirical results are presented of a number of model simulations in The Netherlands. The results were partly validated using observed economic demographic data. It is concluded that a substantial amount of work remains to be done in this new field. The model presented here has direct implications for the research agenda of the study of the demography of the firm.

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Publisher Info
Article provided by Springer in its journal Papers in Regional Science.

Volume (Year): 79 (2000)
Issue (Month): 2 ()
Pages: 111-134
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Handle: RePEc:spr:presci:v:79:y:2000:i:2:p:111-134

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Related research
Keywords: Demography of the firm; regional economic growth; micro-simulation; firm formation; firm dissolution;

Find related papers by JEL classification:
R11 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Analysis of Growth, Development, and Changes
R15 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
R30 - Urban, Rural, and Regional Economics - - Production Analysis and Firm Location - - - General

Cited by:
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  1. Jason P. Brown & Raymond J.G.M. Florax & Kevin T. McNamara, 2008. "Evolution Of Investment Flows In U.S. Manufacturing:A Spatial Panel Approach," Working Papers 08-06, Purdue University, College of Agriculture, Department of Agricultural Economics. [Downloadable!]
  2. McArthur, David & Thorsen, Inge & Ubøe, Jan, 2008. "An agent-based computational approach to explaining persistent spatial unemployment disparities," Discussion Papers 2008/17, Department of Finance and Management Science, Norwegian School of Economics and Business Administration. [Downloadable!]
  3. Dick Ettema & Aldrik Bakema & Harry Timmermans, 2005. "PUMA - a multi-agent model of urban systems," ERSA conference papers ersa05p281, European Regional Science Association. [Downloadable!]
  4. Michiel de Bok, 2004. "Explaining the location decision of moving firms using their mobility profile and the accessibility of locations," ERSA conference papers ersa04p338, European Regional Science Association. [Downloadable!]
  5. Massón-Guerra, José Luis & Vendrell-Ferrero, Ferran, 2008. "Entrepreneurship Spillover and the determinants of Key Sectors for new business creation: An inter-sectorial approach," MPRA Paper 10748, University Library of Munich, Germany. [Downloadable!]
  6. Michiel De Bok & Michiel Bliemer, 2005. "Using firm demographic microsimulation to evaluate land use and transport scenario evaluation - model calibration," ERSA conference papers ersa05p664, European Regional Science Association. [Downloadable!]
  7. Atzema, Oedzge & van Oort, Frank, 2002. "Agglomeration economies and the location of new information and communication technology (ICT) firms in the Netherlands," ERSA conference papers ersa02p190, European Regional Science Association. [Downloadable!]
  8. Dejardin, Marcus, 2002. "Cross-sectoral effects of retailing firm demographies," ERSA conference papers ersa02p292, European Regional Science Association. [Downloadable!]
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