Facts on business dynamism in Turkey
In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitabi...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Akcigit, Ufuk [verfasserIn] |
|---|
| Format: |
E-Artikel |
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| Sprache: |
Englisch |
| Erschienen: |
2020transfer abstract |
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| Übergeordnetes Werk: |
Enthalten in: Untargeted metabolomic approaches in food authenticity: A review that showcases biomarkers - Mialon, Nicolas ELSEVIER, 2022, EER, Amsterdam |
|---|---|
| Übergeordnetes Werk: |
volume:128 ; year:2020 ; pages:0 |
| Links: |
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| DOI / URN: |
10.1016/j.euroecorev.2020.103490 |
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ELV051184656 |
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| 520 | |a In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. | ||
| 520 | |a In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. | ||
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10.1016/j.euroecorev.2020.103490 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001139.pica (DE-627)ELV051184656 (ELSEVIER)S0014-2921(20)30122-7 DE-627 ger DE-627 rakwb eng 540 660 VZ 58.34 bkl Akcigit, Ufuk verfasserin aut Facts on business dynamism in Turkey 2020transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. Akgunduz, Yusuf Emre oth Cilasun, Seyit Mumin oth Ozcan-Tok, Elif oth Yilmaz, Fatih oth Enthalten in Elsevier Mialon, Nicolas ELSEVIER Untargeted metabolomic approaches in food authenticity: A review that showcases biomarkers 2022 EER Amsterdam (DE-627)ELV008405123 volume:128 year:2020 pages:0 https://doi.org/10.1016/j.euroecorev.2020.103490 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 58.34 Lebensmitteltechnologie VZ AR 128 2020 0 |
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10.1016/j.euroecorev.2020.103490 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001139.pica (DE-627)ELV051184656 (ELSEVIER)S0014-2921(20)30122-7 DE-627 ger DE-627 rakwb eng 540 660 VZ 58.34 bkl Akcigit, Ufuk verfasserin aut Facts on business dynamism in Turkey 2020transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. Akgunduz, Yusuf Emre oth Cilasun, Seyit Mumin oth Ozcan-Tok, Elif oth Yilmaz, Fatih oth Enthalten in Elsevier Mialon, Nicolas ELSEVIER Untargeted metabolomic approaches in food authenticity: A review that showcases biomarkers 2022 EER Amsterdam (DE-627)ELV008405123 volume:128 year:2020 pages:0 https://doi.org/10.1016/j.euroecorev.2020.103490 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 58.34 Lebensmitteltechnologie VZ AR 128 2020 0 |
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10.1016/j.euroecorev.2020.103490 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001139.pica (DE-627)ELV051184656 (ELSEVIER)S0014-2921(20)30122-7 DE-627 ger DE-627 rakwb eng 540 660 VZ 58.34 bkl Akcigit, Ufuk verfasserin aut Facts on business dynamism in Turkey 2020transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. Akgunduz, Yusuf Emre oth Cilasun, Seyit Mumin oth Ozcan-Tok, Elif oth Yilmaz, Fatih oth Enthalten in Elsevier Mialon, Nicolas ELSEVIER Untargeted metabolomic approaches in food authenticity: A review that showcases biomarkers 2022 EER Amsterdam (DE-627)ELV008405123 volume:128 year:2020 pages:0 https://doi.org/10.1016/j.euroecorev.2020.103490 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 58.34 Lebensmitteltechnologie VZ AR 128 2020 0 |
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10.1016/j.euroecorev.2020.103490 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001139.pica (DE-627)ELV051184656 (ELSEVIER)S0014-2921(20)30122-7 DE-627 ger DE-627 rakwb eng 540 660 VZ 58.34 bkl Akcigit, Ufuk verfasserin aut Facts on business dynamism in Turkey 2020transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. Akgunduz, Yusuf Emre oth Cilasun, Seyit Mumin oth Ozcan-Tok, Elif oth Yilmaz, Fatih oth Enthalten in Elsevier Mialon, Nicolas ELSEVIER Untargeted metabolomic approaches in food authenticity: A review that showcases biomarkers 2022 EER Amsterdam (DE-627)ELV008405123 volume:128 year:2020 pages:0 https://doi.org/10.1016/j.euroecorev.2020.103490 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 58.34 Lebensmitteltechnologie VZ AR 128 2020 0 |
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Facts on business dynamism in Turkey |
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Akcigit, Ufuk |
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Untargeted metabolomic approaches in food authenticity: A review that showcases biomarkers |
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Untargeted metabolomic approaches in food authenticity: A review that showcases biomarkers |
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eng |
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2020 |
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Akcigit, Ufuk |
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Akcigit, Ufuk |
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10.1016/j.euroecorev.2020.103490 |
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540 660 |
| title_sort |
facts on business dynamism in turkey |
| title_auth |
Facts on business dynamism in Turkey |
| abstract |
In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. |
| abstractGer |
In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. |
| abstract_unstemmed |
In this paper, we investigate various trends on competition and business dynamism in the Turkish manufacturing sector. More specifically, using micro level administrative data sets of firm balance sheets, credit registry, and social security records, we focus on moments such as firm entry, profitability, worker reallocation, labor share, labor productivity, and credit distributions, among several others. Our results indicate that business dynamism in the Turkish manufacturing sector was relatively stable and even improving until 2012 but has been declining since then. We find that market concentration rates have started to rise, yet new business creation and economic activities of young firms have declined. We find suggestive evidence that the decline was due to the decline in access to global liquidity. Next, we use a model with endogenous market competition to identify the mechanisms and to perform a policy exercise. Our analysis suggests that providing support (e.g., R&D subsidy) to immediate followers, who can credibly challenge industry leaders, can foster competition and lead to faster sustainable growth. |
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| title_short |
Facts on business dynamism in Turkey |
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https://doi.org/10.1016/j.euroecorev.2020.103490 |
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Akgunduz, Yusuf Emre Cilasun, Seyit Mumin Ozcan-Tok, Elif Yilmaz, Fatih |
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Akgunduz, Yusuf Emre Cilasun, Seyit Mumin Ozcan-Tok, Elif Yilmaz, Fatih |
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| doi_str |
10.1016/j.euroecorev.2020.103490 |
| up_date |
2024-07-06T19:33:39.427Z |
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