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 language | English |
|---|---|
| Pages (from-to) | 388-408 |
| Number of pages | 21 |
| Journal | European Journal of Political Economy |
| Volume | 22 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - Jun 2006 |
| Externally published | Yes |
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Keywords
- Creative destruction
- Reallocation
- Total factor productivity
ASJC Scopus subject areas
- Economics and Econometrics
Cite this
Job reallocation and productivity growth in a post-socialist economy : Evidence from Slovenian manufacturing. / De Loecker, Jan; Konings, Jozef.
In: European Journal of Political Economy, Vol. 22, No. 2, 06.2006, p. 388-408.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Job reallocation and productivity growth in a post-socialist economy
T2 - Evidence from Slovenian manufacturing
AU - De Loecker, Jan
AU - Konings, Jozef
PY - 2006/6
Y1 - 2006/6
N2 - 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.
AB - 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.
KW - Creative destruction
KW - Reallocation
KW - Total factor productivity
UR - http://www.scopus.com/inward/record.url?scp=33646259234&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=33646259234&partnerID=8YFLogxK
U2 - 10.1016/j.ejpoleco.2005.09.014
DO - 10.1016/j.ejpoleco.2005.09.014
M3 - Article
AN - SCOPUS:33646259234
VL - 22
SP - 388
EP - 408
JO - European Journal of Political Economy
JF - European Journal of Political Economy
SN - 0176-2680
IS - 2
ER -