Regional variations in firm formation: Panel and cross-section data evidence from Finland
AbstractThis article investigates regional variations in firm formation in Finland between 1989 and 1993, and estimates the effects of regional factors on firm formation utilising panel and cross-sectional data. Panel data evidence shows that the average size of firms and establishments in the subregions tends to explain firm formation in Finland most robustly. Cross-sectional results for Finland and several other countries tend to show that demand growth is also an important factor explaining regional firm formation. Panel data results appear to differ from the cross-sectional ones.
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Bibliographic InfoArticle provided by Springer in its journal Papers in Regional Science.
Volume (Year): 79 (2000)
Issue (Month): 4 ()
Note: Received: 18 December 1997
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Web page: http://link.springer.de/link/service/journals/10110/index.htm
Find related papers by JEL classification:
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
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