Job creation, job destruction and employment growth in transition countries in the 90's

Giulia Faggio, Jozef Konings

Research output: Contribution to journalArticle

46 Citations (Scopus)

Abstract

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.

Original languageEnglish
Pages (from-to)129-154
Number of pages26
JournalEconomic Systems
Volume27
Issue number2
DOIs
Publication statusPublished - Jun 2003

Keywords

  • Job creation
  • Job destruction
  • Ownership
  • Transition economics

ASJC Scopus subject areas

  • Economics and Econometrics

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