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Zur Rationalität einer beschäftigungsorientierten Mittelstandsförderung

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  • Schulz Eckehard

    (Westfälische Wilhelms-Universität Münster Lehrstuhl für Volkswirtschaftslehre, insb. Geld und Währung Am Stadtgraben 9 48143 Münster)

Abstract

This study yields the impact of firm size as a determinant of employment. Using the theoretical framework of labor elasticities, it is argued that Small and Medium sized Enterprises (SME’s) are superior in creating jobs if an increase in their share - by reducing the share of large firms - stimulates the aggregate demand for labor. This could be due to a (static) more labor intensive production technology and/or a (dynamic) higher efficiency. The so determined Mittelstands-hypothese is theoretically and empirically examined. Further - from an ordoliberal perspective - the question is raised whether other indicators are more qualified to boost employment and to refresh market forces in the longrun.

Suggested Citation

  • Schulz Eckehard, 1999. "Zur Rationalität einer beschäftigungsorientierten Mittelstandsförderung," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 48(3), pages 344-372, December.
    • Handle: RePEc:lus:zwipol:v:48:y:1999:i:3:p:344-372:n:6
    DOI: 10.1515/zfwp-1999-0306
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