{"id":68553,"date":"2023-12-01T23:07:51","date_gmt":"2023-12-01T22:07:51","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/job-creation-and-the-intra-distribution-dynamics-of-the-firm-size-distribution\/"},"modified":"2024-04-20T13:36:07","modified_gmt":"2024-04-20T11:36:07","slug":"job-creation-and-the-intra-distribution-dynamics-of-the-firm-size-distribution","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/68553\/","title":{"rendered":"Job creation and the intra-distribution dynamics of the firm size distribution"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-68553","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Based on a three-equation model for initial firm size, survival, and firm growth we estimate firm-specific transition probabilities between size classes of the firm size distribution. This allows to analyze counterfactual scenarios that assess the impact of changes in exogenous variables on the intra-distribution dynamics of the firm size distribution. We find that a counterfactual decrease in average firm age increases the exit hazard of young firms, and at the same time reduces the probability of observing high-growth firms. An increase in the industry-wide entry rate and an increase in market growth, by contrast, have virtually no impact on the intra-distribution dynamics of the firm size distribution. Finally, a larger birth size increases the probability for the youngest and smallest firms to become high-growth firms.","onlinedate":"2014-02-01 00:00:00","lang":"English","publication_series":"","publication_date":"20140201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":null,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"23","monthly_report_pages":"171-197","monthly_report_pages_sort":"171","issue":"1","journal":"Industrial and Corporate Change","publisher":"","invisible":false,"external":true,"embargo_date":null,"types":[83083],"research_groups":[3481,3491],"collaboration":"","persons":[3621,3600,3785],"persons_data":"[{\"personId\":3621,\"personName\":\"Peter Huber\",\"organisationNames\":[]},{\"personId\":3600,\"personName\":\"Harald Oberhofer\",\"organisationNames\":[]},{\"personId\":3785,\"personName\":\"Michael Pfaffermayr\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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