Table A1

Expected coefficient signs for multiplier and competition effects

MultiplierCompetition
∆FBt/δFBt-1+–
∆FDt/δFDt-1+–
∆FBt/δFDt-1–+
∆FDt/δFBt-1–+

Note(s): Where ∆ represents change in firm births (FB) and firm deaths (FD) and t is a given time period (a year) and NA is not applicable

Source(s): Table is based on work from Johnson and Parker (1994) 

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