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dc.contributor.authorMasso, Jaanen
dc.contributor.authorEamets, Raulen
dc.contributor.authorPhilips, Kaiaen
dc.date.accessioned2009-01-28T16:14:37Z-
dc.date.available2009-01-28T16:14:37Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/20507-
dc.description.abstractThis paper presents one of the first studies of firm demographics in Estonia, particularly, onthe processes of firm entry and exit as well as survival analysis of new firms. Alsodecompositions 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 turnoverhas been rather high in Estonia during the observed period from 1995 to 2001, resulting fromlow institutional entry barriers and emergence of the SME sector. The high survival rates fornew firms and surviving firms? relatively fast growth could reflect their relatively highproductivity compared to incumbent firms and changes in the sectoral structure of theeconomy. The decomposition of productivity change shows that the high productivity growthhas been mostly from within-firm productivity growth (e.g. the adoption of new productiontechnologies and organizational changes), but the reallocation of production factors(especially the exit of low productivity units) has played an important role as well.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x1243en
dc.subject.jelD24en
dc.subject.jelL11en
dc.subject.jelO30en
dc.subject.jelO12en
dc.subject.ddc330en
dc.subject.keywordfirm survivalen
dc.subject.keywordfirm entry and exiten
dc.subject.keywordproductivity decompositionsen
dc.subject.keywordEstoniaen
dc.subject.stwIndustrieökonomiken
dc.subject.stwMarkteintritten
dc.subject.stwMarktaustritten
dc.subject.stwUnternehmensgründungen
dc.subject.stwUnternehmensentwicklungen
dc.subject.stwProduktivitäten
dc.subject.stwSchätzungen
dc.subject.stwEstlanden
dc.titleCreative Destruction and Transition : The Effects of Firm Entry and Exit on Productivity Growth in Estonia-
dc.typeWorking Paperen
dc.identifier.ppn393558096en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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