Job Creation, Job Destruction and the Role of Small Firms: Firm-Level Evidence for the UK
AbstractEvidence on job creation and destruction for the United Kingdom is limited, dated, and refers almost entirely to the manufacturing sector. We use firm-level data from 1997 to 2008 for almost all sectors, including services, and show that firms in the service sector exhibit much higher rates of job creation, but almost exactly the same rates of job destruction as those in manufacturing. 'Small' firms account for a disproportionately large fraction of job creation and destruction relative to their share of employment. Jobs created by small firms are no less likely to persist than those created by large firms. Copyright (c) Blackwell Publishing Ltd and the Department of Economics, University of Oxford, 2010.
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Bibliographic InfoArticle provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics and Statistics.
Volume (Year): 72 (2010)
Issue (Month): 5 (October)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0305-9049
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Other versions of this item:
- Alex Hijzen, & Richard Upward, & Peter Wright, . "Job Creation, Job Destruction and the Role of Small Firms: Firm-Level Evidence for the UK," Discussion Papers 07/01, University of Nottingham, GEP.
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- In defence of the inflation target
by chris dillow in Stumbling and Mumbling on 2008-09-23 16:23:58
- Job insecurity: what's the problem?
by chris dillow in Stumbling and Mumbling on 2008-08-31 12:43:39
- The state as risk manager
by chris dillow in Stumbling and Mumbling on 2013-01-23 12:34:43
- Mauro Pisu, 2008. "Job creation, job destruction and firms’ international trade involvement," Working Paper Research 130, National Bank of Belgium.
- Mário Centeno & Álvaro A. Novo & Carla Machado, 2007. "Job Creation and Destruction in Portugal," Economic Bulletin and Financial Stability Report Articles, Banco de Portugal, Economics and Research Department.
- Andrew Kerr & Martin Wittenberg & Jairo Arrow, 2013. "Job Creation and Destruction in South Africa," SALDRU Working Papers 92, Southern Africa Labour and Development Research Unit, University of Cape Town.
- Marco Corsino & Roberto Gabriele & Sandro Trento, 2010. "Job flows in Italian SMEs: a longitudinal analysis of growth, size and age," DISA Working Papers 1008, Department of Computer and Management Sciences, University of Trento, Italy, revised 22 Dec 2010.
- Abo-Zaid, Salem, 2012. "Net job creation in the U.S. economy: lessons from monthly data, 1950-2011," MPRA Paper 39084, University Library of Munich, Germany.
- Mário Centeno & Álvaro A. Novo & Carla Machado, 2008. "The Anatomy of Employment Growth in Portuguese Firms," Economic Bulletin and Financial Stability Report Articles, Banco de Portugal, Economics and Research Department.
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