{"id":"https://openalex.org/W1964801800","doi":"https://doi.org/10.1080/000368497326840","title":"Company bankruptcies and births matter","display_name":"Company bankruptcies and births matter","publication_year":1997,"publication_date":"1997-05-01","ids":{"openalex":"https://openalex.org/W1964801800","doi":"https://doi.org/10.1080/000368497326840","mag":"1964801800"},"language":"en","primary_location":{"id":"doi:10.1080/000368497326840","doi":"https://doi.org/10.1080/000368497326840","is_oa":false,"landing_page_url":"https://doi.org/10.1080/000368497326840","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5013550391","display_name":"John Hudson","orcid":"https://orcid.org/0000-0002-8290-2942","observed_orcids":["https://orcid.org/0000-0002-8290-2942"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"John Hudson","raw_affiliation_strings":["Department of Economics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5013550391"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":10,"citation_normalized_percentile":{"value":0.38507728,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":94},"biblio":{"volume":"29","issue":"5","first_page":"647","last_page":"654"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.6425999999046326,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.6425999999046326,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.14640000462532043,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12851","display_name":"Firm Innovation and Growth","score":0.09539999812841415,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/company-bankruptcy","display_name":"company bankruptcy","score":0.9520000219345093},{"id":"https://openalex.org/keywords/births","display_name":"births","score":0.9629999995231628},{"id":"https://openalex.org/keywords/supply-side-model","display_name":"supply-side model","score":0.515999972820282},{"id":"https://openalex.org/keywords/output","display_name":"output","score":0.6190000176429749},{"id":"https://openalex.org/keywords/unemployment","display_name":"unemployment","score":0.9990000128746033},{"id":"https://openalex.org/keywords/balance-of-payments","display_name":"balance of payments","score":0.9990000128746033},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.9990000128746033},{"id":"https://openalex.org/keywords/granger-causality","display_name":"Granger causality","score":0.9700000286102295},{"id":"https://openalex.org/keywords/macroeconomic-effects","display_name":"macroeconomic effects","score":0.4959999918937683}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8700230121612549},{"id":"https://openalex.org/C129824826","wikidata":"https://www.wikidata.org/wiki/Q2630107","display_name":"Granger causality","level":2,"score":0.764999270439148},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.7155635356903076},{"id":"https://openalex.org/C2778126366","wikidata":"https://www.wikidata.org/wiki/Q41171","display_name":"Unemployment","level":2,"score":0.5580264329910278},{"id":"https://openalex.org/C109948328","wikidata":"https://www.wikidata.org/wiki/Q140845","display_name":"Balance of payments","level":2,"score":0.524236261844635},{"id":"https://openalex.org/C64357122","wikidata":"https://www.wikidata.org/wiki/Q1149766","display_name":"Causality (physics)","level":2,"score":0.47799959778785706},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.41458913683891296},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3697430193424225},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.332502156496048},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/000368497326840","doi":"https://doi.org/10.1080/000368497326840","is_oa":false,"landing_page_url":"https://doi.org/10.1080/000368497326840","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:applec:v:29:y:1997:i:5:p:647-654","doi":null,"is_oa":false,"landing_page_url":"http://www.tandfonline.com/doi/abs/10.1080/000368497326840","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.833299994468689,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":37,"referenced_works":["https://openalex.org/W130104538","https://openalex.org/W1534807775","https://openalex.org/W1535682877","https://openalex.org/W1556294381","https://openalex.org/W1573301705","https://openalex.org/W1577093216","https://openalex.org/W1591370685","https://openalex.org/W1976326217","https://openalex.org/W1976380843","https://openalex.org/W1977297805","https://openalex.org/W1978716208","https://openalex.org/W1984700802","https://openalex.org/W1986516623","https://openalex.org/W1987979830","https://openalex.org/W2001189565","https://openalex.org/W2018331222","https://openalex.org/W2026315425","https://openalex.org/W2044039195","https://openalex.org/W2044351780","https://openalex.org/W2049239673","https://openalex.org/W2051560246","https://openalex.org/W2064467819","https://openalex.org/W2073174735","https://openalex.org/W2097580026","https://openalex.org/W2108122190","https://openalex.org/W2108283222","https://openalex.org/W2110002822","https://openalex.org/W2110603299","https://openalex.org/W2116388354","https://openalex.org/W2124120883","https://openalex.org/W2147411798","https://openalex.org/W2178225550","https://openalex.org/W2332719116","https://openalex.org/W2797333853","https://openalex.org/W3047933702","https://openalex.org/W4243372809","https://openalex.org/W4292713895"],"related_works":["https://openalex.org/W7208239901","https://openalex.org/W2912558184","https://openalex.org/W2018164742","https://openalex.org/W7139469293","https://openalex.org/W7120481513","https://openalex.org/W2887720465","https://openalex.org/W2953792483","https://openalex.org/W7092189301","https://openalex.org/W6991854910","https://openalex.org/W7110847263"],"abstract_inverted_index":{"This":[0],"paper":[1],"constructs":[2],"a":[3,18,58],"simple":[4],"supply":[5],"orientated":[6],"model":[7],"of":[8,20,38],"the":[9,36,52,55],"economy":[10],"in":[11],"which":[12,15],"company":[13],"bankruptcies":[14,64],"lead":[16],"to":[17],"loss":[19],"capital":[21],"and":[22,40,54,65,67],"births":[23,66],"have":[24],"impacts":[25],"on":[26,48],"macroeconomic":[27,70],"variables.":[28,71],"Bankruptcies":[29],"will":[30],"reduce":[31],"output,":[32],"increase":[33],"unemployment,":[34],"worsen":[35],"balance":[37],"payments":[39],"also":[41],"impact":[42],"upon":[43],"inflation.":[44],"Empirical":[45],"work":[46],"based":[47],"data":[49],"from":[50],"both":[51],"USA":[53],"UK":[56],"finds":[57],"significant":[59],"Granger":[60,74,81],"causality":[61,75,82],"relationship":[62],"between":[63],"these":[68],"four":[69],"The":[72],"standard":[73],"regression":[76],"is":[77],"supplemented":[78],"by":[79],"non-linear":[80],"tests.":[83]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2014,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}