Employment Adjustment during the Global Crisis: Differences between State-Owned and Private Enterprises
AbstractThis paper analyses the employment adjustment of state- and privately-owned companies before and during the global crisis. Using Hungarian data, it finds that the net job creation rate is similar across the two ownership types before the crisis, but during the crisis state-owned companies have a net job creation rate larger by 7 percentage points than private enterprises. The effect is caused both by a larger gross job creation rate and by a drop in job destruction associated with state ownership.
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Bibliographic InfoPaper provided by Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences in its series Budapest Working Papers on the Labour Market with number 1311.
Length: 12 pages
Date of creation: Apr 2013
Date of revision:
Net job creation; Global crisis; State ownership; Hungary;
Find related papers by JEL classification:
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
- L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-10-18 (All new papers)
- NEP-LMA-2013-10-18 (Labor Markets - Supply, Demand, & Wages)
- NEP-TRA-2013-10-18 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David Neumark & Brandon Wall & Junfu Zhang, 2011.
"Do Small Businesses Create More Jobs? New Evidence for the United States from the National Establishment Time Series,"
The Review of Economics and Statistics,
MIT Press, vol. 93(1), pages 16-29, August.
- Neumark, David & Wall, Brandon & Zhang, Junfu, 2008. "Do Small Businesses Create More Jobs? New Evidence for the United States from the National Establishment Time Series," IZA Discussion Papers 3888, Institute for the Study of Labor (IZA).
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