Job reallocation and productivity growth in a post-socialist economy: Evidence from Slovenian manufacturing

Jan De Loecker, Jozef Konings

Research output: Contribution to journalArticlepeer-review

28 Citations (Scopus)

Abstract

This paper studies whether job reallocation in Slovenia, a post-socialist economy, has been associated with gains in total factor productivity (TFP). We document the importance of entry and exit in job reallocation and show that TFP has increased mainly due to existing firms' increasing efficiency and through net entry of firms. Underlying aggregate TFP growth is job destruction by state firms and reallocation of employment to private firms.

Original languageEnglish
Pages (from-to)388-408
Number of pages21
JournalEuropean Journal of Political Economy
Volume22
Issue number2
DOIs
Publication statusPublished - Jun 2006

Keywords

  • Creative destruction
  • Reallocation
  • Total factor productivity

ASJC Scopus subject areas

  • Economics and Econometrics
  • Political Science and International Relations

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