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Young firms are known to grow at a faster rate than incumbents. With administrative firm data from Germany, we show that the higher growth rates indeed translate into upward mobility within the firm size distribution. Young firms are therefore not only able to catch up, but also to grow larger...
Persistent link: https://www.econbiz.de/10011776021
entrepreneurship, which might be responsible for different effects of start-up activity on regional development. Therefore, we examine … the growth implications rural entrepreneurship might have on the local economy. Our results suggest that new business … counties. The results also unveil that the often-cited inverse U-shaped relationship between entrepreneurship and GDP growth is …
Persistent link: https://www.econbiz.de/10014463563
This paper utilizes German tax data to present evidence about the direct and indirect effects of new firm formation. Cohort analysis is applied to investigate survival, sales, inputs, and value added of start-up firms. Most drop-outs occur in the early years. We show that start-up...
Persistent link: https://www.econbiz.de/10010367133
Due to the pandemic-induced economic crisis, self-employed individuals are currently suering considerable income losses. The self-employed and the members in their households usually form an economic unit. As a consequence, the income cuts not only aect the self-employed themselves but also the...
Persistent link: https://www.econbiz.de/10012696106