Tracking the Economy through Firm Creation:Evidence from Real-Time Administrative Data
Fuente:
arXiv
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| Auteurs principaux: | , |
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| Format: | Preprint |
| Publié: |
2026
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| _version_ | 1866916071955496960 |
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| author | Savagar, Anthony Galanakis, Yannis |
| author_facet | Savagar, Anthony Galanakis, Yannis |
| contents | We introduce a novel real-time dataset, Companies House Real-Time (CHRT), that captures daily firm creation and dissolution activity for the full population of UK-registered companies. CHRT provides a timely measure of business formation, becoming available months before official business demography statistics. We show that incorporation activity leads taxable business births and contains forward-looking information about employment and output growth. Consistent with this, a structural vector autoregression (SVAR) indicates that positive shocks to firm entry generate persistent increases in employment and output. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2606_01307 |
| institution | arXiv |
| publishDate | 2026 |
| record_format | arxiv |
| spellingShingle | Tracking the Economy through Firm Creation:Evidence from Real-Time Administrative Data Savagar, Anthony Galanakis, Yannis General Economics Economics We introduce a novel real-time dataset, Companies House Real-Time (CHRT), that captures daily firm creation and dissolution activity for the full population of UK-registered companies. CHRT provides a timely measure of business formation, becoming available months before official business demography statistics. We show that incorporation activity leads taxable business births and contains forward-looking information about employment and output growth. Consistent with this, a structural vector autoregression (SVAR) indicates that positive shocks to firm entry generate persistent increases in employment and output. |
| title | Tracking the Economy through Firm Creation:Evidence from Real-Time Administrative Data |
| topic | General Economics Economics |
| url | https://arxiv.org/abs/2606.01307 |