The Cultural Roots of Firm Entry, Exit and Growth

Datos Bibliográficos

ID9704469
AutoresKatharina Erhardt (0000-0001-9422-810X, Heinrich-Heine-University Düsseldorf , Germany & DICE and CESifo, Munich, Germany, autor de correspondencia), Simon Haenni (0000-0003-4228-7719, University of Zurich)
Año2022
Volumen132
Número648
Páginas2767-2814
Fecha de publicación2022-11-07
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaThe Economic Journal (JOURNAL)
Identificadores de la revistaISSN: 0013-0133 • E-ISSN: 1468-0297
EditorialOxford University Press (PUBLISHER • GB)
DOI10.1093/ej/ueac029
OpenAlexW3190299714
IdiomaEN
Citas recibidas2
Referencias citadas45

Can culture explain persistent differences in economic activity among individuals and across regions? A novel measure of cultural origin enables us to contrast entrepreneurial activity of individuals located in the same municipality, but whose ancestors lived just on opposite sides of the Swiss language border in the eighteenth century. Individuals with ancestry from the German-speaking side create 20% more firms than those with ancestry from the French-speaking side. These differences persist over generations and independent of the predominant culture at the current location. Yet, founder’s ancestry does not affect exit or growth of newly founded firms, suggesting that preferences are pivotal

Affect (linguistics · Contrast (vision · Demographic economics · Economic geography · Economics · Genealogy · Geography · German · Sociology · Culture, Economy, and Development Studies · Entrepreneurship Studies and Influences · Family Business Performance and Succession · History