IDEAS home Printed from https://ideas.repec.org/a/kap/jincot/v3y2003i3p211-226.html
   My bibliography  Save this article

Competition, Market Structure and Job Turnover

Author

Listed:
  • Jesper Antelius
  • Lars Lundberg

Abstract

Data for rates of job turnover among plants in the Swedish economy in 1986-97 imply that in a typical year in a representative industry one out of six jobs disappeared, and a corresponding number of jobs were created. Job turnover is counter-cyclical, with no trend, and is higher for skilled jobs, and lower in manufacturing, than for all jobs. The rate of job turnover seems to be higher in industries with high rates of innovation and market growth, which may indicate that the volatility of firm specific demand and supply shocks is higher in such industries. Moreover, for given shocks, turnover is higher in industries with many small plants and low return on capital. The results support the hypothesis that market shares are more stable, and thus reallocation of jobs limited, in industries where firms have strong market power. Finally, there is less job turnover in export oriented industries where foreign ownership is widespread. Firms selling in many markets and/or producing in different locations may be able to even out the employment effects of shocks specific to individual markets and/or locations.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Jesper Antelius & Lars Lundberg, 2003. "Competition, Market Structure and Job Turnover," Journal of Industry, Competition and Trade, Springer, vol. 3(3), pages 211-226, September.
  • Handle: RePEc:kap:jincot:v:3:y:2003:i:3:p:211-226
    DOI: 10.1023/A:1027420622150
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1023/A:1027420622150
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Steven J. Davis & John C. Haltiwanger & Scott Schuh, 1998. "Job Creation and Destruction," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262540932, January.
    2. Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, January.
    3. Schmalensee, Richard, 1989. "Inter-industry studies of structure and performance," Handbook of Industrial Organization,in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 2, chapter 16, pages 951-1009 Elsevier.
    4. Baldwin, John R & Gorecki, Paul K, 1994. "Concentration and Mobility Statistics in Canada's Manufacturing Sector," Journal of Industrial Economics, Wiley Blackwell, vol. 42(1), pages 93-103, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Arai, Mahmood & Thoursie, Peter Skogman, 2005. "Incentives and selection in cyclical absenteeism," Labour Economics, Elsevier, vol. 12(2), pages 269-280, April.
    2. Andersson, Fredrik & Vejsiu, Altin, 2001. "Determinants of plant closures in Swedish manufacturing," Working Paper Series 2001:6, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    3. Nurmi, Satu, 2004. "Employment Dynamics and Openness to Trade in Finnish Manufacturing," Discussion Papers 956, The Research Institute of the Finnish Economy.
    4. Kameshwari Shankar & Suman Ghosh, 2005. "Favorable Selection in the Labor Market: A Theory of Worker Mobility in R&D Intensive Industries," Working Papers 05006, Department of Economics, College of Business, Florida Atlantic University.
    5. Ricardo Mamede, 2009. "Toward an integrated approach to industry dynamics and labor mobility," Industrial and Corporate Change, Oxford University Press, vol. 18(1), pages 139-163, February.
    6. Andersson, Linda, 2008. "Net Taxes,Income Stabilization and Regional Job Flows in Sweden," Working Papers 2008:5, Örebro University, School of Business.
    7. Conti, Maurizio & Sulis, Giovanni, 2016. "Human capital, employment protection and growth in Europe," Journal of Comparative Economics, Elsevier, vol. 44(2), pages 213-230.
    8. Strauss, Tove, 2000. "Economic Reforms and the Poor," Working Paper Series 164, Trade Union Institute for Economic Research.
    9. Strauss, Tove, 2000. "Structural Reforms, Uncertainty, and Private Investment," Working Paper Series 165, Trade Union Institute for Economic Research.

    More about this item

    Keywords

    job turnover; market structure;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jincot:v:3:y:2003:i:3:p:211-226. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.