Arbeitspapier
Trends in firm entry and new entrepreneurship in Canada
Recently released data show downward trends for both the firm entry rate and the rate of new entrepreneurship since the early 1980s in Canada. This paper documents these trends and discusses potential explanations. A shift-share analysis suggests that changes to Canada's industrial and demographic structures cannot explain the long-term downward trends, although population aging accounts for part of the decline in new entrepreneurship since around 2000. The paper also discusses other factors potentially contributing to the downward trends: increased industrial concentration, changing labour market conditions, an increased college wage premium and higher student debt. In-depth analysis of these factors is left for future research.
- Language
-
Englisch
- Bibliographic citation
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Series: Bank of Canada Discussion Paper ; No. 2015-11
- Classification
-
Wirtschaft
Production, Pricing, and Market Structure; Size Distribution of Firms
New Firms; Startups
- Subject
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Firm dynamics
Market structure and pricing
Productivity
Dynamique des entreprises
Structure de marché et fixation des prix
Productivité
- Event
-
Geistige Schöpfung
- (who)
-
Cao, Shutao
Salameh, Mohanad
Seki, Mai
St-Amant, Pierre
- Event
-
Veröffentlichung
- (who)
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Bank of Canada
- (where)
-
Ottawa
- (when)
-
2015
- DOI
-
doi:10.34989/sdp-2015-11
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Cao, Shutao
- Salameh, Mohanad
- Seki, Mai
- St-Amant, Pierre
- Bank of Canada
Time of origin
- 2015
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