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A Peer-reviewed scientific articles/A1 Journal article (refereed), original research
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New Small Firms and Dimensions of Economic Performance, Economic Development Quarterly 1/13 February (2015). Shaffer, Sherrill; Hasan, Iftekhar; Zhou, Mingming

Category A Peer-reviewed scientific articles
Sub-category A1 Journal article (refereed), original research
auki Internal authors
All authors as text Shaffer, Sherrill; Hasan, Iftekhar; Zhou, Mingming 
Number of authors
Status Published
Year of publication 2015 
Date 23.02.2015 
Name of article New Small Firms and Dimensions of Economic Performance 
Name of journal Economic Development Quarterly
Volume of issue 29 
Number of issue 1/13 February 
Pages 65-78 
Abstract Using data from metropolitan U.S. labor market areas, the authors quantify empirical associations between entry by small firms and multiple economic outcomes including levels, growth rates, and volatilities of income and employment. The inclusion of volatilities, motivated by prior studies, fills an important gap in the empirical analysis of the economic effects of small business entry. We introduce a new measure of excess volatility to reduce any bias from endogeneity or reverse causality. Several robust associations emerge, suggesting a richer variety of effects of entry than previously documented, and raising important new questions for future research and public policy.
Free text descriptor in English growth, stability, employment, entry 
ISSN / e-ISSN 0891-2424 
auki Internet addresses
Additional information First Published December 30, 2014
Notes BoF DP 4/2009 

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