The Growth and Failure of U. S. Manufact
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Timothy Dunne, Mark J. Roberts and Larry Samuelson
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Article
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1989
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MIT Press
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English
β 494 KB
This paper examines the patterns of postentry employment growth and failure for over 200,000 plants that entered the U. S. manufacturing sector in the 1967-1977 period. The postentry patterns of growth and failure vary significantly with observable employer characteristics. Plant failure rates decli