@article{7e5a960bd40a477e82db19de10c18873,
title = "The growth and failure of u. S. manufacturing plants",
abstract = "This paper examines the patterns of postentry employment growth and failure for over 200, 000 plants that entered the U. S. manufacturing sector in the 1967–1977 period. The postentry patterns of growth and failure vary significantly with observable employer characteristics. Plant failure rates decline with size and age as do the growth rates of nonfailing plants. The expected growth rate of a plant, which depends on the net effect of these two forces, declines with size for plants owned by single-plant firms but increases with size for plants owned by multiplant firms.",
author = "Timothy Dunne and Roberts, {Mark J.} and Larry Samuelson",
note = "Funding Information: *The authors are particularly grateful to Avner Ben-Ner, John Creedy, Saul Estrin, David Evans, Paul Geroski, P. E. Hart, John Hause, James Heckman, Boyan Jovanovic, Robert McGuckin, Joseph Terza, and an anonymous referee for helpful comments. The authors alone are responsible for any errors or omissions. This research was supported by NSF grants SES-84-01460 and SES-86-05844 and was conducted at the Center for Economic Studies of the U. S. Census Bureau while the first two authors were participants in the American Statistical Association/Census Bureau Research Program. We are grateful to James Monahan for substantial assistance with the data. Any opinions, findings, or conclusions expressed here are those of the authors and do not necessarily reflect the views of the NSF or Census",
year = "1989",
month = nov,
doi = "10.2307/2937862",
language = "English (US)",
volume = "104",
pages = "671--698",
journal = "Quarterly Journal of Economics",
issn = "0033-5533",
publisher = "Oxford University Press",
number = "4",
}