Establishment Size and Local Employment Growth
AbstractIn a sample of more than 2000 U.S. counties, smaller average establishment size is generally associated with faster subsequent growth rates of sectoral employment, both within and across sectors. The estimated effects are large in magnitude and thus economically important, and are consistent with several theories previously developed. These findings contribute toward a more precise understanding of the role of small businesses in economic growth and labor markets. Copyright Springer 2006
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Bibliographic InfoArticle provided by Springer in its journal Small Business Economics.
Volume (Year): 26 (2006)
Issue (Month): 5 (06)
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Web page: http://www.springerlink.com/link.asp?id=100338
establishment size; employment growth; J23; L11; O47;
Find related papers by JEL classification:
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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