VOXeu Policy Portal Analysis
Publication date:
2018-07-19
Publisher:
VOX - CEPR Policy Portal
Author:
Bijnens, Gert
Konings, Jozef
Keywords:
business dynamism, information technology
Abstract:
Evidence from the US indicates that business dynamism is declining, and that this affects overall productivity growth. This column explores business dynamism in Belgium between 1985 and 2014. The results show remarkable similarities to those from the US, suggesting that these changes are likely due to global trends such as the rise of information and communication technology.