Foreign Competition and Small-Firm Entry in US Manufacturing

Aladin Research Commons

Foreign Competition and Small-Firm Entry in US Manufacturing

Show simple item record Feinberg, Robert M. 2009-10-23T18:36:03Z 2009-10-23T18:36:03Z 2009-03 2009-03
dc.description Department of Economics, Working Paper Series, no. 2009-04. 23 pages. en
dc.description.abstract In our increasingly globalized economy, the growth and profit prospects of domestic firms, especially small firms, seem clearly impacted by competitive pressures from foreign firms. This article analyzes annual data for 1989-1998 for 140 3-digit SIC manufacturing industries and for 1998-2004 for 86 4-digit NAICS industries on establishment - plant-level - births by small firms in several size categories. The major finding is that international pressures, in the form of import share weighted exchange rate appreciation, seem to lead to reduced rates of smallest-firm entry in manufacturing, though the magnitudes of these effects are smaller than sometimes discussed (and there is the suggestion that dollar appreciation may actually benefit small firm entry through access to cheaper inputs where the final product import threat is weak). en
dc.language.iso en_US en
dc.publisher Department of Economics, American University en
dc.rights Copyright © 2009 by Robert M. Feinberg. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies. en
dc.subject.other small firms en
dc.subject.other entry en
dc.subject.other foreign competition en
dc.subject.other exchange rates en
dc.title Foreign Competition and Small-Firm Entry in US Manufacturing en
dc.type Working Paper en

Files in this item

Files Size Format View
2009-04.pdf 211.8Kb PDF View/Open

This item appears in the following Collection(s)

Show simple item record

Search DSpace

Advanced Search


My Account