The Effects of Industry Instability on Sector Entry: The Case of Maine
This paper investigates the effects of industry instability on the entry decisions of a large sample of Maine establishments. Instability is represented by the persistence of industry employment in Maine, measured over 3-month, 6-month, and 12-month intervals. Poisson regression results suggest that the employment persistence measures have a positive effect on the number of establishments that began operations per industry. This suggests that, other things being equal, entrants are attracted to sectors with high regional employment stability.
References listed on IDEAS
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