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dc.contributor.authorHaltiwanger, Johnen
dc.date.accessioned2012-01-12T11:00:52Z-
dc.date.available2012-01-12T11:00:52Z-
dc.date.issued2011-
dc.identifier.citation|aEIB Papers|c0257-7755|v16|h1|nEuropean Investment Bank (EIB)|lLuxembourg|y2011|p116-136en
dc.identifier.urihttp://hdl.handle.net/10419/54671-
dc.description.abstractCountries differ substantially in the extent to which more productive firms are large and/or are becoming larger and less productive firms are small and/or becoming smaller. A challenge for both emerging and advanced economies is that achieving such static and dynamic allocative efficiency requires an ongoing process of restructuring and reallocation. Such restructuring and reallocation is by its very nature costly. Market structure and institutions that promote well-functioning business dynamism are, accordingly, critical for economic performance. In the 1980s and 1990s, the US exhibited a robust pace of business dynamism that contributed substantially to US productivity and job growth. There are, however, some disturbing trends in the nature of US business dynamism - for example, the pace of business startups has declined secularly especially over the last decade. The decline in the pace of business dynamism may be contributing to the anaemic US recovery from the recent recession.en
dc.language.isoengen
dc.publisher|aEuropean Investment Bank (EIB) |cLuxembourgen
dc.subject.ddc330en
dc.subject.stwUnternehmenswachstumen
dc.subject.stwAllokationseffizienzen
dc.subject.stwUnternehmenssanierungen
dc.subject.stwProduktivitäten
dc.subject.stwWirtschaftswachstumen
dc.subject.stwSchwellenländeren
dc.subject.stwIndustriestaatenen
dc.subject.stwUSAen
dc.titleFirm dynamics and productivity growth-
dc.typeArticleen
dc.identifier.ppn680143432en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
econstor.citation.journaltitleEIB Papersen
econstor.citation.issn0257-7755en
econstor.citation.volume16en
econstor.citation.issue1en
econstor.citation.publisherEuropean Investment Bank (EIB)en
econstor.citation.publisherplaceLuxembourgen
econstor.citation.year2011en
econstor.citation.startpage116en
econstor.citation.endpage136en

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