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Entry is important because new firms and new plants provide an important source of competition to incumbents. They are a source of new products and technologies. In this paper, we outline the size of the turnover in plants that have entered and exited the Canadian manufacturing sector over each...
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Entry is important because new firms and new plants provide an important source of competition to incumbents. They are a source of new products and technologies. In this article, we outline the size of the turnover in plants that have entered and exited the Canadian manufacturing sector over...
Persistent link: https://www.econbiz.de/10012717498
This paper investigates the extent to which productivity growth is the result of firm turnover as output is shifted from one firm to another, driven by the competitive process. Turnover occurs as some firms gain market share and others lose it. Some of the resulting turnover is due to entry and...
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