Exit from Declining Industries: "Shakeout" or "Stakeout"?

Exit from Declining Industries: "Shakeout" or "Stakeout"?
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退出衰退行业:“洗牌”还是“监视”?

DOI:
10.2307/2555467
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发表时间:
1990
期刊:
The RAND Journal of Economics
影响因子:
--
通讯作者:
M. Lieberman
M. Lieberman
中科院分区:
--
文献类型:
--
作者:
M. Lieberman

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30种化学产品的数据被用来研究衰退行业的撤资顺序。由于缺乏规模经济,小公司和工厂可能会首先关闭。然而,最近的理论表明,大型生产商可能有更大的动机退出或削减产能。这两种预测都得到了一些经验的支持。小型工厂的关闭率较高,大多数退出的公司都是小型的。保持工厂规模不变的影响,大型多工厂公司更有可能关闭个别工厂。
Data on 30 chemical products are used to examine the sequence of divestment in declining industries. Small firms and plants might be expected to close first, given lack of scale economies. However, recent theories suggest that large producers may have greater incentives to exit or cut capacity. Both predictions receive some empirical support. Small plants had higher rates of closure, and most exiting firms were small. Holding the influence of plant size constant, large multiplant firms were more likely to close individual plants.
DOI: 10.2307/2098588
发表时间: 1987-06-01
影响因子: 1.3
作者:
EVANS, DS
通讯作者: EVANS, DS