Urbanisation, concentration and diversification as determinants of firm births and deaths
ABSTRACTThis paper examines the impact of urbanisation, concentration and diversification on firm births and firm deaths across European regions while uniquely accounting for the role of firm interrelationships, regional factors and national fixed effects. A 3SLS model on firm births and deaths is e...
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2023-12-01
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Series: | Regional Studies, Regional Science |
Subjects: | |
Online Access: | https://www.tandfonline.com/doi/10.1080/21681376.2023.2204143 |
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author | Daragh O’Leary Justin Doran Bernadette Power |
author_facet | Daragh O’Leary Justin Doran Bernadette Power |
author_sort | Daragh O’Leary |
collection | DOAJ |
description | ABSTRACTThis paper examines the impact of urbanisation, concentration and diversification on firm births and firm deaths across European regions while uniquely accounting for the role of firm interrelationships, regional factors and national fixed effects. A 3SLS model on firm births and deaths is estimated across 196 regions and 16 European countries from 2008 to 2017. We find that density positively influences firm births and negatively influences firm deaths. Related variety positively impacts firm deaths and negatively affects firm births. Significant national variations are also observed. Multiplier effects are identified within and across regions as firm births positively influence future firm births and negatively influence future firm deaths. |
first_indexed | 2024-03-08T21:21:33Z |
format | Article |
id | doaj.art-ac2a51ff6d4b44b2be77a8340b31a5e9 |
institution | Directory Open Access Journal |
issn | 2168-1376 |
language | English |
last_indexed | 2024-04-24T14:04:36Z |
publishDate | 2023-12-01 |
publisher | Taylor & Francis Group |
record_format | Article |
series | Regional Studies, Regional Science |
spelling | doaj.art-ac2a51ff6d4b44b2be77a8340b31a5e92024-04-03T10:52:34ZengTaylor & Francis GroupRegional Studies, Regional Science2168-13762023-12-0110150652810.1080/21681376.2023.2204143Urbanisation, concentration and diversification as determinants of firm births and deathsDaragh O’Leary0Justin Doran1Bernadette Power2Department of Economics, Cork University Business School, Spatial and Regional Economics Research Centre, University College Cork, Cork City, IrelandDepartment of Economics, Cork University Business School, Spatial and Regional Economics Research Centre, University College Cork, Cork City, IrelandDepartment of Economics, Cork University Business School, Spatial and Regional Economics Research Centre, University College Cork, Cork City, IrelandABSTRACTThis paper examines the impact of urbanisation, concentration and diversification on firm births and firm deaths across European regions while uniquely accounting for the role of firm interrelationships, regional factors and national fixed effects. A 3SLS model on firm births and deaths is estimated across 196 regions and 16 European countries from 2008 to 2017. We find that density positively influences firm births and negatively influences firm deaths. Related variety positively impacts firm deaths and negatively affects firm births. Significant national variations are also observed. Multiplier effects are identified within and across regions as firm births positively influence future firm births and negatively influence future firm deaths.https://www.tandfonline.com/doi/10.1080/21681376.2023.2204143Firm dynamicsdensityconcentrationdiversificationL1C33 |
spellingShingle | Daragh O’Leary Justin Doran Bernadette Power Urbanisation, concentration and diversification as determinants of firm births and deaths Regional Studies, Regional Science Firm dynamics density concentration diversification L1 C33 |
title | Urbanisation, concentration and diversification as determinants of firm births and deaths |
title_full | Urbanisation, concentration and diversification as determinants of firm births and deaths |
title_fullStr | Urbanisation, concentration and diversification as determinants of firm births and deaths |
title_full_unstemmed | Urbanisation, concentration and diversification as determinants of firm births and deaths |
title_short | Urbanisation, concentration and diversification as determinants of firm births and deaths |
title_sort | urbanisation concentration and diversification as determinants of firm births and deaths |
topic | Firm dynamics density concentration diversification L1 C33 |
url | https://www.tandfonline.com/doi/10.1080/21681376.2023.2204143 |
work_keys_str_mv | AT daragholeary urbanisationconcentrationanddiversificationasdeterminantsoffirmbirthsanddeaths AT justindoran urbanisationconcentrationanddiversificationasdeterminantsoffirmbirthsanddeaths AT bernadettepower urbanisationconcentrationanddiversificationasdeterminantsoffirmbirthsanddeaths |