Infrastructure investments and entrepreneurial dynamism in the U.S.

Volume: 34, Issue: 5, Pages: 105907 - 105907
Published: Sep 1, 2019
Abstract
Investments in physical infrastructure induce environmental changes that serve both an enabling and disabling function, potentially acting to simultaneously stimulate new business establishment and provoke exit by some incumbent establishments. The opening of a new establishment results in the creation of jobs that did not previously exist. Similarly, the closing of an establishment results in the permanent loss of jobs. I develop a theoretical...
Paper Details
Title
Infrastructure investments and entrepreneurial dynamism in the U.S.
Published Date
Sep 1, 2019
Volume
34
Issue
5
Pages
105907 - 105907
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