Entry, exit, and investment-specific technical change

American Economic Review

Volumn 100, Issue 1, 2010, Pages 164-192

  Samaniego, Roberto M ^a  

^a GEORGE WASHINGTON UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77952337233     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.100.1.164     Document Type: Article

References (32)

1. Atkeson, Andrew, and Patrick J. Kehoe. 2005. "Modeling and Measuring Organization Capital." Journal of Political Economy, 113(5): 1026-53.
2. Audretsch, David B. 1991. "New-Firm Survival and the Technological Regime." Review of Economics and Statistics, 73(3): 441-50.
3. Bessen, James. 2002. "Technology Adoption Costs and Productivity Growth: The Transition to Information Technology." Review of Economic Dynamics, 5(2): 443-69.
4. Brandt, Nicola. 2004. "Business Dynamics in Europe." Organisation for Economic Co-operation and Development Science, Technology and Industry Working Paper 2004/1.
5. Campbell, Jeffrey R. 1998. "Entry, Exit, Embodied Technology, and Business Cycles." Review of Economic Dynamics, 1(2): 371-408.
6. Cummins, Jason G., and Giovanni L. Violante. 2002. "Investment- Specific Technical Change in the United States (1947-2000): Measurement and Macroeconomic Consequences." Review of Economic Dynamics, 5(2): 243-84.
7. Djankov, Simeon, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer. 2002. "The Regulation of Entry." Quarterly Journal of Economics, 117(1): 1-37.
8. Doms, Mark, and Timothy Dunne. 1998. "Capital Adjustment Patterns in Manufacturing Plants." Review of Economic Dynamics, 1(2): 409-29.
9. Dunne, Timothy, Mark J. Roberts, and Larry Samuelson. 1988. "Patterns of Firm Entry and Exit in U.S. Manufacturing Industries." RAND Journal of Economics, 19(4): 495-515.
10. Dunne, Timothy, Mark J. Roberts, and Larry Samuelson. 1989. "The Growth and Failure of U.S. Manufacturing Plants." Quarterly Journal of Economics, 104(4): 671-98.
11. Evans, David S. 1987a. "Tests of Alternative Theories of Firm Growth." Journal of Political Economy, 95(4): 657-74.
12. Evans, David S. 1987b. "The Relationship between Firm Growth, Size, and Age: Estimates for 100 Manufacturing Industries." Journal of Industrial Economics, 35(4): 567-81.
13. Geroski, Paul A. 1989. "Entry, Innovation and Productivity Growth." Review of Economics and Statistics, 71(4): 572-78.
14. Geroski, Paul A. 1995. "What Do We Know About Entry?" International Journal of Industrial Organization, 13(4): 421-40.
15. Greenwood, Jeremy, Zvi Hercowitz, and Per Krusell. 1997. "Long-Run Implications of Investment-Specific Technological Change." American Economic Review, 87(3): 342-62.
16. Greenwood, Jeremy, and Boyan Jovanovic. 2001. "Accounting for Growth." In New Developments in Productivity Analysis, ed. Charles R. Hulten, Edwin R. Dean, and Michael J. Harper, 179-222. Chicago: University of Chicago Press.
17. Greenwood, Jeremy, and Mehmet Yorukoglu. 1997. "1974." Carnegie-Rochester Conference Series on Public Policy, 46: 49-95.
18. Hopenhayn, Hugo, and Richard Rogerson. 1993. "Job Turnover and Policy Evaluation: A General Equilibrium Analysis." Journal of Political Economy, 101(5): 915-38.
19. Jovanovic, Boyan, and Yaw Nyarko. 1996. "Learning by Doing and the Choice of Technology." Economet-Rica, 64(6): 1299-1310.
20. Jovanovic, Boyan, and Chung-Yi Tse. Forthcoming. "Entry and Exit Echoes." Review of Economic Dynamics.
21. Khan, Aubhik, and Julia K. Thomas. 2008. "Idiosyncratic Shocks and the Role of Nonconvexities in Plant and Aggregate Investment Dynamics." Econometrica, 76(2): 395-436.
22. Klenow, Peter J. 1998. "Learning Curves and the Cyclical Behavior of Manufacturing Industries." Review of Economic Dynamics, 1(2): 531-50.
23. Kydland, Finn E., and Edward C. Prescott. 1982. "Time to Build and Aggregate Fluctuations." Econometrica, 50(6): 1345-70.
24. Lazear, Edward P. 2005. "Entrepreneurship." Journal of Labor Economics, 23(4): 649-80.
25. McAfee, R. Preston, Hugo M. Mialon, and Michael A. Williams. 2004. "What Is a Barrier to Entry?" American Economic Review, 94(2): 461-65.
26. Mueller, Dennis C., and John E. Tilton. 1969. "Research and Development Costs as a Barrier to Entry." Canadian Journal of Economics, 2(4): 570-79.
27. Ngai, L. Rachel, and Roberto Samaniego. 2009. "Accounting for Research and Productivity Growth Across Industries." Center for Economic Policy Research Discussion Paper 0914.
28. Rajan, Raghuram G., and Luigi Zingales. 1998. "Financial Dependence and Growth." American Economic Review, 88(3): 559-86.
29. Samaniego, Roberto M. 2008. "Can Technical Change Exacerbate the Effects of Labor Market Sclerosis?" Journal of Economic Dynamics and Control, 32(2): 497-528.
30. Schumpeter, Joseph Alois. 1934. The Theory of Economic Development, trans. Redvers Opie. Cambridge, MA: Harvard University Press (Orig. pub. 1911).
31. Waddell, Robert M., Philip M. Ritz, Jon D. Norton, and Marshall K. Wood. 1966. Capacity Expansion Planning Factors. Washington, DC: National Planning Association.
32. World Bank. 2006. Doing Business in 2007: How to Reform. Washington, DC: World Bank.