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

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

Item Type: Article
Erschienen: 2015
Creators: Krüger, Jens and von Rhein, Kristina
Title: Macroeconomic Development and the Life Cycle of the German Automobile Industry, 1886-1939
Language: English
Journal or Publication Title: Darmstadt Discussion Papers in Economics
Number: 224
Divisions: 01 Department of Law and Economics
01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete
01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete > Emprical Economics
Date Deposited: 03 Mar 2015 09:10
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Alternative keywordsLanguage
JEL classification: L16, L62, C41, N13, N14 Keywords: firm survival, macroeconomic factors, automobile industryEnglish
Alternative Abstract:
Alternative abstract Language
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
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