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Business Dynamics in Europe

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Author Info
Nicola Brandt ()
Abstract

This study presents evidence on firm entry and exit, growth and survival derived with new data from Eurostat, covering nine European Union member countries. One contribution of the study is an analysis of the role of data quality for studies of firm demographics. Confronting results obtained with the Eurostat data with those of a previous OECD cross-country firm-level data project reveals that different size thresholds and difficulties in distinguishing genuine firm entry and exit from mergers & acquisitions, ownership changes or changes in legal form can have sizeable impacts on results. Cross-country differences in firm entry and exit rates are analysed with a special emphasis on detailed information and communication technology (ICT) related sectors, which has not been possible with previously available cross-country data. After controlling for some basic factors, such as countries’ industry composition, crosscountry differences in entry and exit rates in mature sectors turn out ...

Dynamique des entreprises en Europe

Cette étude présente, à partir de nouvelles statistiques d’Eurostat qui couvrent neuf pays membres de l’Union européenne, des données sur l’entrée, la sortie, la croissance et la survie des entreprises. Elle comporte notamment une analyse de l’importance que revêt la qualité des données dans les études sur la démographie des entreprises. La confrontation des résultats obtenus à l’aide des données d’Eurostat avec ceux d’un projet précédent de l’OCDE sur des données internationales au niveau de l’entreprise révèle que les différences de seuils de taille ainsi que les difficultés liées à la distinction entre ce qui constitue véritablement des entrées ou sorties d’entreprises d’une part et les fusions et acquisitions d’autre part, les transferts de propriété et la modification de la forme juridique peuvent avoir des effets non négligeables sur les résultats. L’étude analyse les différences internationales en ce qui concerne les taux d’entrée et de sortie des entreprises, en faisant une ...

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Paper provided by OECD Directorate for Science, Technology and Industry in its series OECD Science, Technology and Industry Working Papers with number 2004/1.

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Date of creation: 11 Mar 2004
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Handle: RePEc:oec:stiaaa:2004/1-en

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Related research
Keywords: micro-données entry exit survival micro data entrée sortie survie

Find related papers by JEL classification:
C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Microeconomic Data
G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups

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  1. Roberto M. Samaniego, 2008. "Entry, Exit and Investment-Specific Technical Change," PIER Working Paper Archive 08-013, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania. [Downloadable!]
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