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The Dynamics of Employer Entreprise Creation in Portugal Over the Last Two Decades: A Firm Size, Regional and Sectoral Perspective

  • Elsa de Morais Sarmento

    (DEGEI, University of Aveiro, Portugal)

  • Alcina Nunes

    ()

    (ESTG, Instituto Politécnico de Bragança and GEMF, Portugal)

The Portuguese economy underwent a process of growth and structural transformation during the twentieth century, while the last two decades conveyed a period of considerable creative destruction of firms. Indeed, following a period of rapid economic expansion in the second half of the 1990s, the deterioration of the economic situation felt since 2001 contributed to the deceleration of economic growth, which has also had an impact on firm turbulence. Using Quadros de Pessoal and the Eurostat and OECD methodology (Manual on Business Demography Statistics), this article describes employer enterprise dynamics in Portugal over 1985-2007, and discusses the main stylized facts related to firm creation, performance, and firm size distribution by region and sector.

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Article provided by Faculdade de Economia, Universidade de Coimbra in its journal Notas Económicas.

Volume (Year): (2012)
Issue (Month): 36 (December)
Pages: 6-22

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Handle: RePEc:gmf:journl:y:2012:i:36:p:6-22
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  1. Alcina Nunes & Elsa Sarmento, 2010. "Business Demography Dynamics in Portugal: A Non-Parametric Survival Analysis," GEMF Working Papers 2010-09, GEMF - Faculdade de Economia, Universidade de Coimbra.
  2. Alcina Nunes & Elsa Sarmento, 2010. "Business Demography Dynamics in Portugal: A Semi-Parametric Survival Analysis," GEMF Working Papers 2010-10, GEMF - Faculdade de Economia, Universidade de Coimbra.
  3. Cabral, Luís M B & Mata, José, 2001. "On the Evolution of the Firm Size Distribution: Facts and Theory," CEPR Discussion Papers 3045, C.E.P.R. Discussion Papers.
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  7. Jaan Masso & Raul Eamets & Kaia Philips, 2004. "Creative Destruction And Transition: The Effects Of Firm Entry And Exit On Productivity Growth In Estonia," Working Papers 38, CENTRE FOR THE STUDY OF ECONOMIC AND SOCIAL CHANGE IN EUROPE,School of Slavonic and East European Studies,University College London (SSEES,UCL).
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  16. Bartelsman, Eric & Haltiwanger, John & Scarpetta1, Stefano, 2004. "Microeconomic evidence of creative destruction in industrial and developing countries," Policy Research Working Paper Series 3464, The World Bank.
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  25. Colantone, Italo & Sleuwaegen, Leo, 2008. "Entry and exit of firms in a global economy: a cross-country and industry analysis," Vlerick Leuven Gent Management School Working Paper Series 2007-36, Vlerick Leuven Gent Management School.
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  28. Elsa Morais Sarmento & Alcina Nunes, 2010. "Business creation in Portugal: Comparison between the World Bank data and Quadros de Pessoal," GEE Papers 0029, Gabinete de Estratégia e Estudos, Ministério da Economia e da Inovação, revised Dec 2010.
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