Table 7
Correlation between firm entry and exit, by employment, with removal of fixed industry effects, 2000 to 2008
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| Exit | Entry | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | |
| correlation coefficient | |||||||||
| 2000 | 0.44 | -0.04 | -0.36 | -0.24 | -0.62 | -0.21 | 0.21 | 0.31 | 0.00 |
| 2001 | -0.25 | 0.28 | 0.25 | 0.41 | -0.06 | 0.13 | -0.07 | -0.31 | -0.20 |
| 2002 | 0.15 | 0.13 | 0.25 | 0.14 | 0.09 | -0.15 | 0.12 | -0.29 | -0.71 |
| 2003 | -0.49 | 0.11 | 0.22 | 0.40 | 0.42 | 0.30 | -0.36 | -0.21 | 0.13 |
| 2004 | -0.05 | -0.21 | -0.16 | -0.34 | 0.32 | -0.04 | 0.07 | 0.18 | 0.13 |
| 2005 | -0.12 | -0.23 | -0.14 | -0.25 | 0.45 | 0.15 | -0.25 | 0.15 | 0.54 |
| 2006 | -0.36 | -0.46 | -0.11 | 0.03 | 0.57 | 0.13 | 0.17 | 0.32 | 0.25 |
| 2007 | 0.10 | -0.21 | -0.09 | -0.50 | 0.27 | -0.04 | -0.08 | 0.13 | 0.43 |
| 2008 | -0.13 | 0.02 | 0.41 | -0.16 | 0.29 | 0.03 | -0.30 | -0.23 | 0.29 |
| Source: | |||||||||
Source(s):
Statistics Canada, authors' compilation based on Longitudinal Employment Analysis Program data.
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