TY - JOUR
T1 - Job creation, job destruction and employment growth in transition countries in the 90's
AU - Faggio, Giulia
AU - Konings, Jozef
N1 - Funding Information:
This paper has benefited from presentations at the K.U. Leuven, the European Commission (DG II), a World Bank Conference on “Labour Market Adjustment and Restructuring in Transition Economies”, Romania, April 1999, the EALE Conference 2000. We also thank Hartmut Lehmann, Hylke Vandenbussche, Kathy Terrell, Paul Walsh, Frederic Warzynski, Ciara Whelan, and two referees for comments and suggestions. All remaining errors are ours. This paper is part of a Phare Ace Grant Number p6203-r and of an FWO project on firm restructuring.
Copyright:
Copyright 2004 Elsevier Science B.V., Amsterdam. All rights reserved.
PY - 2003/6
Y1 - 2003/6
N2 - We analyze job flows in five transition countries: Poland, Estonia, Slovenia, Bulgaria, and Romania. Using comparable firm level data over the years 1993-1997, we find that in early transition job destruction dominates job creation, while the latter is picking over time; most job reallocation occurs within, rather than across sectors; ownership and firm size are the most relevant characteristics for understanding the dynamics of job flows. We investigate job creation and destruction at the firm level by estimating a firm growth equation. Our results indicate patterns of gross job flows and firm growth remarkably similar to those in market-based economies.
AB - We analyze job flows in five transition countries: Poland, Estonia, Slovenia, Bulgaria, and Romania. Using comparable firm level data over the years 1993-1997, we find that in early transition job destruction dominates job creation, while the latter is picking over time; most job reallocation occurs within, rather than across sectors; ownership and firm size are the most relevant characteristics for understanding the dynamics of job flows. We investigate job creation and destruction at the firm level by estimating a firm growth equation. Our results indicate patterns of gross job flows and firm growth remarkably similar to those in market-based economies.
KW - Job creation
KW - Job destruction
KW - Ownership
KW - Transition economics
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U2 - 10.1016/S0939-3625(03)00036-0
DO - 10.1016/S0939-3625(03)00036-0
M3 - Article
AN - SCOPUS:0042366180
VL - 27
SP - 129
EP - 154
JO - Economic Systems
JF - Economic Systems
SN - 0939-3625
IS - 2
ER -