Replication data for: Entry, Exit, and Investment-Specific Technical Change
Principal Investigator(s): View help for Principal Investigator(s) Roberto M. Samaniego
Version: View help for Version V1
Name | File Type | Size | Last Modified |
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AER20071414r3diffindiff.dta | application/octet-stream | 41.9 KB | 10/11/2019 10:31:AM |
AER20071415r3industryvariables.dta | application/octet-stream | 4.7 KB | 10/11/2019 10:31:AM |
AER20071415r3readme.txt | text/x-fortran | 2.3 KB | 10/11/2019 10:31:AM |
LICENSE.txt | text/plain | 14.6 KB | 10/11/2019 10:31:AM |
Project Citation:
Samaniego, Roberto M. Replication data for: Entry, Exit, and Investment-Specific Technical Change. Nashville, TN: American Economic Association [publisher], 2010. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112323V1
Project Description
Summary:
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Using European data, this paper finds that (i) industry entry and exit rates
are positively related to industry rates of investment-specific technical change
(ISTC); and (ii) the sensitivity of industry entry and exit rates to cross-country
differences in entry costs depends on industry rates of ISTC. The paper constructs
a general equilibrium model in which the rate of ISTC varies across
industries and new investment-specific technologies can be introduced by
entrants or by incumbents. In the calibrated model, equilibrium behavior is
consistent with stylized facts (i) and (ii), provided the cost of technology adoption
is increasing in the rate of ISTC. (JEL G31, L11, O31, O33)
Scope of Project
Subject Terms:
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Survey data from EUROSTAT
JEL Classification:
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G31 Capital Budgeting; Fixed Investment and Inventory Studies; Capacity
L11 Production, Pricing, and Market Structure; Size Distribution of Firms
O31 Innovation and Invention: Processes and Incentives
O33 Technological Change: Choices and Consequences; Diffusion Processes
G31 Capital Budgeting; Fixed Investment and Inventory Studies; Capacity
L11 Production, Pricing, and Market Structure; Size Distribution of Firms
O31 Innovation and Invention: Processes and Incentives
O33 Technological Change: Choices and Consequences; Diffusion Processes
Geographic Coverage:
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Europe
Time Period(s):
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1997 – 2004
Universe:
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Establishments in many European countries
Data Type(s):
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survey data;
census/enumeration data
Collection Notes:
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Publicly available from EUROSTAT
Methodology
Data Source:
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EUROSTAT
Unit(s) of Observation:
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Country x industry,
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