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The European Size Distribution of Firms and Employment

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Author Info
Mikael Stenkula

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Abstract

In recent years, policy debate has increasingly focused on the issues concerning size distribution of firms and employment. It is often claimed that we are approaching a new economic era, where large enterprises have lost their importance in developed economies. This raises the question as how the size distributions can be explained on basis of currently available European data. An attempt is made in this paper to examine the availability and reliability of European data related to the size distribution of firms and employment. The study suggests that though the existing data is severely limited in a number of respects, quality of statistics on employment and firm size structure has improved over time. On the basis of existing data the author has analyzed differences in the size distribution of firms and employment between countries and across time. The study illustrates that enterprises employing less than 250 people account for about 2/3 of total employment. Countries in the Southern part of the EU in general have a higher share of micro enterprises as well as a higher share of individuals employed in the micro enterprises, compared to the other countries in the EU. This difference is explained in terms of a higher share of micro enterprises within most NACE sections. Some of the differences are explained by the industry distribution of employment. The available data also shows a small increase in employment among micro enterprises since 1990.

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Publisher Info
Article provided by Icfai Press in its journal The Icfai University Journal of Industrial Economics.

Volume (Year): IV (2007)
Issue (Month): 2 (May)
Pages: 46-63
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Handle: RePEc:icf:icfjie:v:04:y:2007:i:1:p:46-63

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References listed on IDEAS
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  1. Henrekson, Magnus & Johansson, Dan, 1999. " Institutional Effects on the Evolution of the Size Distribution of Firms," Small Business Economics, Springer, vol. 12(1), pages 11-23, February. [Downloadable!] (restricted)
    Other versions:
  2. Davis, Steven J & Haltiwanger, John & Schuh, Scott, 1996. " Small Business and Job Creation: Dissecting the Myth and Reassessing the Facts," Small Business Economics, Springer, vol. 8(4), pages 297-315, August.
    Other versions:
  3. Zoltan Acs & David Audretsch, 1990. "Innovation and Small Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011131.
  4. William J. Baumol, 2004. "Entrepreneurial Enterprises, Large Established Firms and Other Components of the Free-Market Growth Machine," Small Business Economics, Springer, vol. 23(1), pages 9-21, 08. [Downloadable!]
  5. Acs, Zoltan J & Audretsch, David B, 1988. "Innovation in Large and Small Firms: An Empirical Analysis," American Economic Review, American Economic Association, vol. 78(4), pages 678-90, September. [Downloadable!] (restricted)
  6. Davis, Steven J & Henrekson, Magnus, 1999. " Explaining National Differences in the Size and Industry Distribution of Employment," Small Business Economics, Springer, vol. 12(1), pages 59-83, February. [Downloadable!] (restricted)
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This page was last updated on 2009-11-13.


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