Skip to main content

Entry and exit: a county-level analysis

Buy Article:

$53.17 plus tax (Refund Policy)


A simultaneous model of firm entry and exit is estimated for the counties of Great Britain. This is based on a simple model of entrepreneurial choice augmented by labour market and local economic infrastructure influences. A formal test of recursiveness is carried out and the system is found to be non-recursive. The rate of exit is found to be the sole influence on the entry rate, while exit is influenced by entry, the rate of change of unemployment, and the availability of managerial skills in the local area. The results are compared with an estimation which fails to allow properly for simultaneity, and policy implications are discussed.

Document Type: Research Article


Publication date: April 1, 1996

More about this publication?

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Partial Open Access Content
Partial Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more