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

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Author Info
Uwe Cantner, Jens J. Krüger () (University of Jena, Faculty of Economics)

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Abstract

Paul Geroski has established two stylized facts with respect to the prevalence of differential changes (mobility) of indicators of economic and technological performance indicators: 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 1981-93 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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Publisher Info
Paper provided by Friedrich-Schiller-Universität Jena, Wirtschaftswissenschaftliche Fakultïät in its series Working Paper Series B with number 2002-03.

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Date of creation: 25 Sep 2002
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Handle: RePEc:jen:jenavo:2002-03

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Related research
Keywords: distribution dynamics; Markov chains; mobility measurement; productivity;

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Find related papers by JEL classification:
L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General
C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - General
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data

Cited by:
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  1. 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. [Downloadable!]
  2. André van Stel & Mickey Folkeringa & Sierdjan Koster, 2009. "Start-ups as drivers of incumbent firm mobility: An analysis at the region-sector level for the Netherlands," Scales Research Reports H200905, EIM Business and Policy Research. [Downloadable!]
Statistics
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