The browser you are using is not supported by this website. All versions of Internet Explorer are no longer supported, either by us or Microsoft (read more here: https://www.microsoft.com/en-us/microsoft-365/windows/end-of-ie-support).

Please use a modern browser to fully experience our website, such as the newest versions of Edge, Chrome, Firefox or Safari etc.

Porträttfoto

Joakim Gullstrand

Dean, Professor

Porträttfoto

Industry dynamics in the Swedish textile and wearing apparel sector

Author

  • Joakim Gullstrand

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