Jump to ContentJump to Main Navigation
Economic TurbulenceIs a Volatile Economy Good for America?$
Users without a subscription are not able to see the full content.

Clair Brown, John Haltiwanger, and Julia Lane

Print publication date: 2006

Print ISBN-13: 9780226076324

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226076348.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 01 August 2021

Economic Turbulence: What, Who, and How Much?

Economic Turbulence: What, Who, and How Much?

Chapter:
(p.10) Chapter Two Economic Turbulence: What, Who, and How Much?
Source:
Economic Turbulence
Author(s):

Clair Brown

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226076348.003.0002

This chapter provides an overview of the amount of economic turbulence in the economy. A set of newly available facts about turbulence is also presented. The deregulation of the trucking industry provides a good example of how mergers and acquisitions can change the economic landscape. The impact of mergers and acquisitions is clear in the financial services industry. The retail food industry provides a classic example of the impact of competitive forces on both births and deaths within an industry. Firm deaths are not only an important contributor to job losses, but the rates of firm births and deaths are very different across industries, firm sizes, and parts of the business cycle. It is shown that factors such as deregulation, industry restructuring, and globalization are significant driving forces in contributing to firm entry and exit.

Keywords:   economic turbulence, economy, trucking industry, financial services industry, retail food industry, firm deaths, industry restructuring, globalization

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.