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dc.contributor.authorMasso, Jaanen_US
dc.contributor.authorEamets, Raulen_US
dc.contributor.authorPhilips, Kaiaen_US
dc.date.accessioned2009-01-28T16:14:37Z-
dc.date.available2009-01-28T16:14:37Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20507-
dc.description.abstractThis paper presents one of the first studies of firm demographics in Estonia, particularly, on the processes of firm entry and exit as well as survival analysis of new firms. Also decompositions of productivity change into components consisting of resource reallocation, firm entry and exit, and productivity growth within continuing firms is carried out. Our results, derived from a novel database of the population of Estonian firms, show that firm turnover has been rather high in Estonia during the observed period from 1995 to 2001, resulting from low institutional entry barriers and emergence of the SME sector. The high survival rates for new firms and surviving firms? relatively fast growth could reflect their relatively high productivity compared to incumbent firms and changes in the sectoral structure of the economy. The decomposition of productivity change shows that the high productivity growth has been mostly from within-firm productivity growth (e.g. the adoption of new production technologies and organizational changes), but the reallocation of production factors (especially the exit of low productivity units) has played an important role as well.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 1243en_US
dc.subject.jelD24en_US
dc.subject.jelL11en_US
dc.subject.jelO30en_US
dc.subject.jelO12en_US
dc.subject.ddc330en_US
dc.subject.keywordfirm survivalen_US
dc.subject.keywordfirm entry and exiten_US
dc.subject.keywordproductivity decompositionsen_US
dc.subject.keywordEstoniaen_US
dc.subject.stwIndustrieökonomiken_US
dc.subject.stwMarkteintritten_US
dc.subject.stwMarktaustritten_US
dc.subject.stwUnternehmensgründungen_US
dc.subject.stwUnternehmensentwicklungen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwSchätzungen_US
dc.subject.stwEstlanden_US
dc.titleCreative Destruction and Transition : The Effects of Firm Entry and Exit on Productivity Growth in Estoniaen_US
dc.typeWorking Paperen_US
dc.identifier.ppn393558096en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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