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Macroeconomic Development and the Life Cycle of the German Automobile Industry, 1886 - 1939

Krüger, Jens and von Rhein, Kristina :
Macroeconomic Development and the Life Cycle of the German Automobile Industry, 1886 - 1939.
In: Darmstadt Discussion Papers in Economics (224) ISSN 1438-2733
[Article], (2015)

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Item Type: Article
Title: Macroeconomic Development and the Life Cycle of the German Automobile Industry, 1886 - 1939
Language: English
Abstract:

Empirical work studying the industry life cycle highlights the role of knowledge in various forms on the durations firms survive in the industry. This research leaves open the influence of historical events, which are reflected in macroeconomic factors like income, inflation, exports and interest rates on the industry life cycle. In this paper we investigate the relationship between the macroeconomic conditions and firm survival in the German automobile industry during the period 1886-1939. The results reveal that the macroeconomic conditions influence firm survival in addition to the knowledge variables traditionally considered and substantially contribute to explanatory power.

Alternative Abstract:
Alternative AbstractLanguage
Empirical work studying the industry life cycle highlights the role of knowledge in various forms on the durations firms survive in the industry. This research leaves open the influence of historical events, which are reflected in macroeconomic factors like income, inflation, exports and interest rates on the industry life cycle. In this paper we investigate the relationship between the macroeconomic conditions and firm survival in the German automobile industry during the period 1886-1939. The results reveal that the macroeconomic conditions influence firm survival in addition to the knowledge variables traditionally considered and substantially contribute to explanatory power.English
Journal or Publication Title: Darmstadt Discussion Papers in Economics
Number: 224
Alternative keywords:
Alternative keywordsLanguage
JEL classification: L16, L62, C41, N13, N14 Keywords: firm survival, macroeconomic factors, automobile industryEnglish
Classification DDC: 300 Sozialwissenschaften > 330 Wirtschaft
Divisions: 01 Law and Economics
01 Law and Economics > Volkswirtschaftliche Fachgebiete
01 Law and Economics > Volkswirtschaftliche Fachgebiete > Emprical Economics
Date Deposited: 03 Mar 2015 09:10
Last Modified: 10 Mar 2016 10:46
URN: urn:nbn:de:tuda-tuprints-47010
URI: http://tuprints.ulb.tu-darmstadt.de/id/eprint/4701
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