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WIFO White Paper: Start-ups, Closures and Growth of Enterprises. Evidence for Austria

Author

Listed:
  • Werner Hölzl

    (WIFO)

  • Peter Huber

    (WIFO)

  • Serguei Kaniovski

    (WIFO)

  • Michael Peneder

    (WIFO)

Abstract

This study based on three different datasets shows that entry and exit dynamics have been increasing over the last decades. Start-ups are of much greater importance for the Austrian economy than they were 20 years ago. Although a final international comparison of start-up figures is not possible for the time being due to an inadequacy of data, the evidence provided in this study suggests that start-up activities in Austria are at about the same level as or, at worst, just below those in comparable EU countries.

Suggested Citation

  • Werner Hölzl & Peter Huber & Serguei Kaniovski & Michael Peneder, 2007. "WIFO White Paper: Start-ups, Closures and Growth of Enterprises. Evidence for Austria," WIFO Monatsberichte (monthly reports), WIFO, vol. 80(3), pages 233-247, March.
  • Handle: RePEc:wfo:monber:y:2007:i:3:p:233-247
    as

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    References listed on IDEAS

    as
    1. John Sutton, 1997. "Gibrat's Legacy," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 40-59, March.
    2. Mata, Jose & Portugal, Pedro & Guimaraes, Paulo, 1995. "The survival of new plants: Start-up conditions and post-entry evolution," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 459-481, December.
    3. Stefano Scarpetta & Philip Hemmings & Thierry Tressel & Jaejoon Woo, 2002. "The Role of Policy and Institutions for Productivity and Firm Dynamics: Evidence from Micro and Industry Data," OECD Economics Department Working Papers 329, OECD Publishing.
    4. Spletzer, James R, 2000. "The Contribution of Establishment Births and Deaths to Employment Growth," Journal of Business & Economic Statistics, American Statistical Association, vol. 18(1), pages 113-126, January.
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