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Isabelle, Roland ; John, van Reenen ; John, van Reenen ; Timothy, Besley. (2020) The aggregate consequences of default risk: evidence from firm-level data.
In: CEP Discussion Papers. RePEc:cep:cepdps:dp1672.
Full description at Econpapers
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We focus on the market sector which includes an average of 1.5 million firms and around 16 million workers per year (see Table 1). It includes the following sectors in the ABI (SIC 1992 or 2003 sections): D Manufacturing, F Construction, G Wholesale and retail trade; repair of motor vehicles, motorcycles and personal and household goods, H Hotels and restaurants, I Transport, storage and communication, and K real estate, renting and business activities (but excluding real estate SIC 2-digit 70). Sectors we cover in the ABS (SIC 2007 sections) are: C Manufacturing, F Construction, G Wholesale and retail trade; repair of motor vehicles and motorcycles, H Transport and storage, I Accommodation and food service activities, J Information and communication , M Professional, Scientific and Technical Activities, N Administrative and Support Service Activities. Our sectoral coverage is com40 A small number of large enterprises with a more complex structure have several reporting units.
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