This paper describes a model designed to explain the observed developments of the business ownership rate as well as gross entry and exit rates. Besides explaining the past, the model is used for exploring the future using scenario analysis.
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Paper provided by NEUHUYS - RESEARCH INSTITUTE FOR SMALL AND MEDIUM in its series Papers with number
9911/e.
Find related papers by JEL classification: D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Capital and Ownership Structure C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
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