This paper uses a unique data set of panel firms from the World Bank's Enterprise Surveys in 47 economies, to provide estimates of the patterns of firm exit, and analyzes various firm characteristics and conditions under which firms leave the market. Firms' labor productivity and age are robustly associated with a lower likelihood of exit, consistent with conceptions of creative destruction and findings elsewhere in the literature. These findings...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2015/03/23
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Рабочий документ в рамках исследования вопросов политики
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WPS7218
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1
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1
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2015/03/23
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Disclosed
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As the market churns : estimates of firm exit and job loss using the World Bank's enterprise surveys
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firm dynamics and productivity growth
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