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          Institute: MPI für Ökonomik     Collection: Entrepreneurship, Growth and Public Policy Group     Display Documents



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ID: 217970.0, MPI für Ökonomik / Entrepreneurship, Growth and Public Policy Group
Job Creation and Persistence in Services and Manufacturing
Authors:Acs, Zoltan J.; Armington, Catherine
Language:English
Place of Publication:Jena
Publisher:Max-Planck-Institut zur Erforschung von Wirtschaftssystemen
Date of Publication (YYYY-MM-DD):2004
Total Number of Pages:28
Title of Series:Papers on Entrepreneurship, Growth and Public Policy
Issue / Number:1604
Corporate Body (Series Editor):Max-Planck-Institut zur Erforschung von Wirtschaftssystemen
Review Status:Internal review
Audience:Not Specified
Abstract / Description:An important new literature on gross employment flows has produced a great outpouring of stylized facts. In this paper we examine one aspect of this literature through the lens of dynamic models and theories of industrial evolution. We extend the Davis and Haltiwanger methodology for analysis of the persistence of gross job creation, distinguishing the persistence of new jobs from business births and from expansions. The persistence rates are then compared with those expected in each sector if average annual job creation and destruction were distributed across the business population independently of the prior year's changes. The results provide a basis for discussing aspects of the different dynamics of job creation in services and manufacturing.
Free Keywords:entrepreneurship; industry evolution; job flows; services
Classification / Thesaurus:JEL Classification: J6; L6; L8;M13
External Publication Status:published
Document Type:Paper
Communicated by:David B. Audretsch
Affiliations:MPI zur Erforschung von Wirtschaftssystemen/Abteilung Entrepreneurship, Growth and Public Policy
Identifiers:ISSN:1613-8333
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