Sector Switching: An Unexplored Dimension of Firm Dynamics in Developing Countries
Publikation: Working paper › Forskning
Standard
Sector Switching : An Unexplored Dimension of Firm Dynamics in Developing Countries. / Newman, Carol; Rand, John; Tarp, Finn.
Department of Economics, University of Copenhagen, 2007.Publikation: Working paper › Forskning
Harvard
APA
Vancouver
Author
Bibtex
}
RIS
TY - UNPB
T1 - Sector Switching
T2 - An Unexplored Dimension of Firm Dynamics in Developing Countries
AU - Newman, Carol
AU - Rand, John
AU - Tarp, Finn
N1 - JEL Classification: D21, L6, O14
PY - 2007
Y1 - 2007
N2 - Much of the literature on industry evolution has found firm dynamics to be an important source of sector-level productivity growth. In this paper, we ask whether the delineation of entry and exit firms matters in assessing the impact of firm turnover. Using detailed firm level data from Vietnam, it emerges that efficiency differences between sector switchers and exit/entry firms exist. Distinguishing between switchers and firm entry/exit is crucial for understanding the contribution of firm turnover to overall productivity growth. Moreover, we uncover distinct and illuminating firm and sector-level determinants of firm exit and switching, which need to be carefully considered in the search for effective policy
AB - Much of the literature on industry evolution has found firm dynamics to be an important source of sector-level productivity growth. In this paper, we ask whether the delineation of entry and exit firms matters in assessing the impact of firm turnover. Using detailed firm level data from Vietnam, it emerges that efficiency differences between sector switchers and exit/entry firms exist. Distinguishing between switchers and firm entry/exit is crucial for understanding the contribution of firm turnover to overall productivity growth. Moreover, we uncover distinct and illuminating firm and sector-level determinants of firm exit and switching, which need to be carefully considered in the search for effective policy
KW - Faculty of Social Sciences
KW - firm dynamics
KW - sector switching
KW - efficiency
KW - Vietnam
M3 - Working paper
BT - Sector Switching
PB - Department of Economics, University of Copenhagen
ER -
ID: 1134347