Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/145977
Authors: 
Brenner, Thomas
Dorner, Matthias
Year of Publication: 
2015
Series/Report no.: 
Papers on Economics and Evolution 1505
Abstract: 
We test the industry life cycle hypothesis for 205 industries in West Germany between 1976 and 2009. In particular we analyse whether population indicators follow a cyclical path. Using a novel non-linear regression approach to identify life cycles we find that the number of establishments, employees, entries and exits follow in most industries a path that is well represented by at least a part of a cycle. Most industries that show cyclical behaviour run (partially) through their life cycle in the considered time period.
Subjects: 
industry life cycle
cyclical development
establishment
employment
industry dynamics
JEL: 
C23
L16
O33
Document Type: 
Working Paper

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