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Family Business, Employment, and GDP

Author

Listed:
  • Johansson, Dan

    () (The Ratio Institute)

  • Sjögren, Hans

    () (Department of Management and Engineering, Linköping University)

  • Bjuggren, Carl Magnus

    () (Department of Management and Engineering, Linköping University)

Abstract

We analyze the proportion of family business and its contribution to employment and gross domestic product (GDP). Our analysis adds to the literature by including all listed firms and by investigating a longer period than has heretofore been reported. The main contribution is to extend the analysis to include all firms in the economy using census data. Our study is devoted to the case of Sweden. Family business makes up half of the listed firms, and three quarters of all firms, accounting for one-fourth of total employment, and one-fifth of GDP. Their importance has increased during the period studied.

Suggested Citation

  • Johansson, Dan & Sjögren, Hans & Bjuggren, Carl Magnus, 2009. "Family Business, Employment, and GDP," Ratio Working Papers 145, The Ratio Institute.
  • Handle: RePEc:hhs:ratioi:0145
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    File URL: http://www.ratio.se/pdf/wp/dj_hs_cmb_family.pdf
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    Keywords

    Family Firms; Employment; GDP; Sweden; Ownership;

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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