Job creation and job destruction by small firms: An empirical investigation for the Dutch manufacturing sector

Job creation and job destruction by small firms: An empirical investigation for the Dutch manufacturing sector
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DOI:
10.1023/a:1017982719207
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发表时间:
1997-06-01
影响因子:
6.4
通讯作者:
Gautier, P
Gautier, P
中科院分区:
经济学2区
文献类型:
--
作者:
Broersma, L;Gautier, P

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本文研究了1978年至1991年期间荷兰制造业中小企业在创造就业机会和破坏就业机会方面的行为差异。我们发现,无论是创造就业机会和就业机会的破坏率是在小企业比在大的。此外,我们发现,在衰退中创造的就业机会的持续性小公司比大公司高得多。然而,工作岗位的持续破坏率与商业周期的状态联系较少,并随着公司规模的增加而增加。更重要的是,小公司似乎以持续的方式重新分配工作,因为工作流动率的变化独立于商业周期。另一方面,大公司则逆周期进行再分配。对这一现象的一个显而易见的解释是,小企业更有能力适应经济环境的变化。大公司调整缓慢,对他们来说,在衰退期重新分配工作比在繁荣期更有利。
This paper studies the differences in behaviour of small and large firms, concerning job creation and job destruction, in the Dutch manufacturing sector over the period 1978-1991. We find that both job creation and job destruction rates are higher in small firms than in large ones. In addition, we found that the persistence of jobs created in slumps are much higher for small firms than for large firms. Persistence rates of job destruction are, however, less connected to the state of the business cycle and increase with firm size. More importantly, small firms seem to reallocate their jobs in a continuous way, as job turnover moves independent of the business cycle. Large firms, on the other hand, reallocate counter-cyclically. An obvious explanation for this phenomenon is that small firms are better equipped to adjust to shifts in economic circumstances. Large firms adjust only slowly and for them reallocating jobs in a recession is more advantageous than in a boom.