Research Discussion Papers, Bank of Finland
No 4/2009:
New small firms and dimensions of economic performance
Sherrill Shaffer ()
, Iftekhar Hasan ()
and Mingming Zhou ()
Abstract: Using data from US labour market areas, we quantify
empirical associations between entry by small firms and a vector of
economic performance measures encompassing levels, volatilities and growth
rates of several income and employment variables. Distinct and robust
associations are found for net and gross rates of entry. These results
suggest a richer variety of effects of entry than previously documented,
and point to several potential tradeoffs associated with entry by small
firms.
Keywords: growth; stability; employment; entry; (follow links to similar papers)
JEL-Codes: J23; M13; O10; (follow links to similar papers)
35 pages, January 21, 2009
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Shaffer, Sherrill, Iftekhar Hasan and Mingming Zhou, (2015), 'New small firms and dimensions of economic performance', Economic Development Quarterly, Vol. 29, February, No. 1, pages 65-78
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