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Business Dynamics in Europe

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  • 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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Bibliographic Info

Paper provided by OECD Publishing 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: survival; micro data; entry; exit; micro-données; entrée; sortie; survie;

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Cited by:
  1. Roberto M. Samaniego, 2008. "Entry, Exit and Investment-Specific Technical Change, Second Version," PIER Working Paper Archive 09-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 08 Dec 2008.
  2. Samaniego, Roberto M., 2013. "Knowledge spillovers and intellectual property rights," International Journal of Industrial Organization, Elsevier, vol. 31(1), pages 50-63.
  3. Deschryvere, Matthias, 2008. "High Growth Firms and Job Creation in Finland," Discussion Papers 1144, The Research Institute of the Finnish Economy.
  4. Virginia CUCU, 2013. "Investment Indicators and the Business Firms Dynamics," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(1), pages 177-190, June.
  5. Roberto M. Samaniego, 2010. "Entry, Exit, and Investment-Specific Technical Change," American Economic Review, American Economic Association, vol. 100(1), pages 164-92, March.
  6. Miguel García-Posada & Juan S. Mora-Sanguinetti, 2014. "Entrepreneurship and enforcement institutions: Disaggregated evidence for Spain," Banco de Espa�a Working Papers 1405, Banco de Espa�a.
  7. Dirk Pilat, 2005. "Canada's Productivity Performance in International Perspective," International Productivity Monitor, Centre for the Study of Living Standards, vol. 10, pages 24-44, Spring.
  8. Samaniego, Roberto, 2009. "Financing Creative Destruction," MPRA Paper 22348, University Library of Munich, Germany.
  9. Roberto M Samaniego, 2006. "A Theory of Entry and Exit with Embodied Rate of Technical Change," 2006 Meeting Papers 765, Society for Economic Dynamics.
  10. Seán Lyons, 2007. "Can Small Firms' Perceived Constraints Help Explain Survival Rates?," Papers WP182, Economic and Social Research Institute (ESRI).

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