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• W2109714921 abstract "The process of creative destruction is being documented for a growing number of countries as the required firm-level data are becoming more easily accessible to researchers. Some early attempts have been made to compare results from individual country studies, and to gain insights into the sources of the variation across countries. Comparative studies may be particularly useful to test the hypothesis that market structure and institutional differences across countries affect the observed magnitude, nature and efficiency of the creative destruction process. However, these “meta analyses” or ex-post comparisons of country studies are inherently difficult given differences in measurement and methodology across studies. Ideally, firm-level data should be pooled across countries in a harmonized fashion in order to exploit within and between country variations in a fully consistent manner. While there has been some progress in creating comparable firm-level data through surveys sponsored by international organizations, these pooled firm-level datasets rarely reflect representative samples of firms in each of the countries. The pooling of nationally representative firm-level data used by national statistical agencies is essentially impossible given privacy and confidentiality restrictions on micro data. In this paper, we present a comparative analysis of creative destruction using a newly assembled dataset that draws from separate national micro-data sources (business registers, census, or representative enterprise surveys) but with ex-ante harmonization of the metadata and computational methods. The exante harmonization of definitions and extraction criteria, however, does not prevent problems of cross-country comparability, given certain idiosyncratic features in the country dataset. Moreover, measurement errors may vary across countries, especially with respect to the coverage of different types of businesses and the quality of longitudinal linkages. In this paper we present comparisons of those measures where the problems are less severe and exploit the within-country variation in the different indicators of firm dynamics i.e. by performing difference-in-difference comparisons." @default.
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• W2109714921 date "2009-01-16" @default.
• W2109714921 modified "2023-09-27" @default.
• W2109714921 title "Measuring and Analyzing Cross-country Differences in Firm Dynamics" @default.
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