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Author:Johansson, D.
Title:The turnover of firms and industry growth
Journal:Small business economics
2005 : JUN, VOL 24:5, p. 487-495
Index terms:Turnover
Industries
Companies
Information technology
Growth
Scandinavia
Nordic countries
Sweden
Language:eng
Abstract:This paper tests the hypothesis that a high turnover rate (hereafter as: t-rate) of firms has no, or a negative, effect on industry (here as: ind-y.) growth. The analysis is based on an extensive data set covering all Swedish IT firms existing from 1994 to 1998. The t-rate of firms is found to have a significantly positive effect on ind-y. growth.
SCIMA record nr: 259445
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