Differences in Regional Firm Formation Rates: A Decomposition Analysis
研究了1994-2001年英国各地区企业形成率的差异,通过分解分析考察产业结构差异和同行业区域差异对形成率的影响,并探讨政策含义。
This article examines regional differences in recent business formation activity in the United Kingdom over the period 1994–2001. It considers the extent to which regional differences can be accounted for by (i) variations in industrial structure, with some regions having a greater or lesser share of sectors where the formation rate tends to be high; and (ii) variations across regions in the formation rate in the same sector. The article shows wide variations across regions and over time in the relative importance of these two factors. The article explores some policy implications of this decomposition.