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Author:Fritsch, M.
Mueller, P.
Title:The effect of new business formation on regional development over time: the case of Germany
Journal:Small business economics
2008 : JAN, VOL. 30:1, p. 15-29
Index terms:employment
Germany
lag models
new enterprise
productivity
regional development
Language:eng
Abstract:This paper examines how new business formation affects employment change in Germany. The study draws attention to the lag structure of the impact and to the differences between regions. The results indicate that in agglomerations and in regions with high degree of labor productivity the different phases of the effects on regional development are noticeable. In addition, the findings suggest that the overall employment effect of new business formation could be negative in regions with a low-level of productivity.
SCIMA record nr: 266668
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