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What explains firm transience in house-building? A regional analysis of Ontario, Canada, 1991 and 1996

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  • Michael Buzzelli

Abstract

Buzzelli M. (2005) What explains firm transience in house-building? A regional analysis of Ontario, Canada, 1991 and 1996, Regional Studies 39 , 699-712. This paper presents cross-sectional analyses of firm exit (1991) and entry (1996) in house-building using a geographic information system of firms in Ontario's 48 counties (regions). Ordinary least-squares and logit regressions of entry and exit rates reveal several regional determinants, some specific to the housing market (prior construction) and others usually found in regional studies of firm dynamics (population density, market growth, incomes, immigration, unemployment and home ownership). The results suggest that housing policy may be best administered at the regional scale - the scale at which builders typically operate in North America.

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  • Michael Buzzelli, 2005. "What explains firm transience in house-building? A regional analysis of Ontario, Canada, 1991 and 1996," Regional Studies, Taylor & Francis Journals, vol. 39(6), pages 699-712.
    • Handle: RePEc:taf:regstd:v:39:y:2005:i:6:p:699-712
    DOI: 10.1080/00343400500213523
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    References listed on IDEAS

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    1. Wagner, Joachim, 1994. "The Post-entry Performance of New Small Firms in German Manufacturing Industries," Journal of Industrial Economics, Wiley Blackwell, vol. 42(2), pages 141-154, June.
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    4. Georgios Fotopoulos & Nigel Spence, 1999. "Spatial Variations in New Manufacturing Plant Openings: Some Empirical Evidence from Greece," Regional Studies, Taylor & Francis Journals, vol. 33(3), pages 219-229.
    5. Peter Johnson & Simon Parker, 1996. "Spatial Variations in the Determinants and Effects of Firm Births and Deaths," Regional Studies, Taylor & Francis Journals, vol. 30(7), pages 679-688.
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    Cited by:

    1. Calá, Carla Daniela, 2014. "Regional issues on firm entry and exit in Argentina: core and peripheral regions," Nülan. Deposited Documents 2023, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    2. Elena Cefis & Cristina Bettinelli & Alex Coad & Orietta Marsili, 2022. "Understanding firm exit: a systematic literature review," Small Business Economics, Springer, vol. 59(2), pages 423-446, August.
    3. Martin Carree & Ingrid Verheul & Enrico Santarelli, 2011. "Sectoral patterns of firm exit in Italian provinces," Journal of Evolutionary Economics, Springer, vol. 21(3), pages 499-517, August.
    4. Calá, Carla Daniela & Manjón-Antolín, Miguel & Arauzo-Carod, Josep-Maria, 2017. "Regional determinants of exit across firms' size: evidence from a developing country," Nülan. Deposited Documents 2548, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    5. Calá, Carla Daniela & Manjón-Antolín, Miguel & Arauzo-Carod, Josep-Maria, 2014. "The determinants of exit in Argentina: core and peripheral regions," Nülan. Deposited Documents 1976, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    6. Carla Daniela Calá & Miguel Manjón-Antolín & Josep-Maria Arauzo-Carod, 2017. "Regional Determinants of Exit Across Firms’ Size: Evidence from Argentina," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 108(6), pages 768-785, December.
    7. Carla Calá & Josep-Maria Arauzo-Carod & Miguel Manjón-Antolín, 2015. "The determinants of exit in a developing country: core and peripheral regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(3), pages 927-944, May.

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    More about this item

    Keywords

    Firm entry; Exit; House-building; Ontario; Entree des entreprises; Sortie des entreprises; Construction de logements; Ontario; Firmengrundung; Schliessung; Wohnungsbau; Ontario; Entrada de empresas; Salida; Sector inmobiliario; Ontario; JEL classifications: L7; R0;
    All these keywords.

    JEL classification:

    • L7 - Industrial Organization - - Industry Studies: Primary Products and Construction
    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General

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