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Dismissal of Employees in the Swedish Manufacturing Industry

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  • Norén, Ronny

    (Mid Sweden University)

Abstract

This paper examine the macroeconomic influence of the numbers of employees who received notice of dismissal or lay off, in the Swedish manufacturing industry over the period 1980-1994. Given the assumption of fixed labour requirements after the installation of new capital equipments, the statistics over the employees who received notice of dismissal or lay off can be assumed to be closely related to disinvestment. The obtained empirical results suggest that most of the estimated variables is highly significant, both in size and magnitude. The estimations also indicate a significant difference in response to the development of some of the explanantory variables. These findings are reflected in the structural adjustment process of the Swedish manufacturing sector.

Suggested Citation

  • Norén, Ronny, 2001. "Dismissal of Employees in the Swedish Manufacturing Industry," Umeå Economic Studies 575, Umeå University, Department of Economics.
    • Handle: RePEc:hhs:umnees:0575
    as

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    References listed on IDEAS

    as
    1. Noren, Ronny, 1998. "Industrial Transformation in the Open Economy: A Multisectoral View," Journal of Policy Modeling, Elsevier, vol. 20(1), pages 111-117, February.
    2. Benjamin, Nancy, 1990. "Devaluations and credibility in structural adjustment policy," Journal of Policy Modeling, Elsevier, vol. 12(4), pages 659-669.
    3. Epstein, L. & Denny, M., 1980. "Endogenous capital utilization in a short-run production model : Theory and an empiral application," Journal of Econometrics, Elsevier, vol. 12(2), pages 189-207, February.
    4. Tengblad, Ake & Westerlund, Nana, 1976. "Capital Stock and Capital Consumption Estimates by Industries in the Swedish National Accounts," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 22(4), pages 331-344, December.
    5. ÅKe Tengblad & Nana Westerlund, 1976. "Capital Stock And Capital Consumption Estimates By Industries In The Swedish National Accounts," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 22(4), pages 331-344, December.
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    More about this item

    Keywords

    Dissmissial of Employees; Disinvestment; Transformation; Structural Adjustment; Swedish Manufacturing Industry;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

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