Joakim Gullstrand
Dean, Professor
Industry dynamics in the Swedish textile and wearing apparel sector
Author
Summary, in English
This paper analyses the adjustment process within the Swedish textile and wearing apparel sector and finds results that support the notion of Schumpeter's 'creative' destruction. The turnover of plants and jobs seems to 'improve' the industries from within due to an exit (entry) of less (more) productive plants, exit (entry) of old (new) incumbents, a destruction (creation) of less (more) human-capital intensive jobs, and a supply of new products on the world market. The econometric analysis of the probability of exit with plant, firm and industry characteristics supports the idea of a rationalisation from within.
Department/s
- Department of Economics
Publishing year
2005
Language
English
Pages
349-370
Publication/Series
Review of Industrial Organization
Volume
26
Issue
3
Document type
Journal article
Publisher
Springer
Topic
- Economics
Keywords
- import competition
- plant level
- exit
- entry
- creative destruction
Status
Published
ISBN/ISSN/Other
- ISSN: 0889-938X