Change search
ReferencesLink to record
Permanent link

Direct link
Entry, market turbulence and industry employment growth
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Economics (Closed (20130101). Ratio Institute, Sweden. (Economics)ORCID iD: 0000-0002-1692-8677
2009 (English)In: Empirica, ISSN 0340-8744, E-ISSN 1573-6911, Vol. 36, no 3, 293-308 p.Article in journal (Refereed) Published
Abstract [en]

This paper investigates the relationship between industrial dynamics in terms of firm entry, market turbulence and employment growth. Do entry of firms, the composition of industry dynamics (net entry) and market turbulence (entry and exit) influence industrial employment growth? This paper provides an empirical investigation, using unique data for 42 disaggregated Swedish industrial sectors during the period 1997-2001. It is hypothesised that the importance of entering firms, net entry and market turbulence may differ significantly across industries. A quantile regression method is used in order to detect industrial differences in the response to industrial employment growth. The empirical evidence shows that, on the one hand, firm entry and market turbulence have a positive effect on employment for fast growing industries and that the effect is larger for high growth industries. On the other hand, the composition of industry dynamics in terms of net entry rates has a more dispersed effect across all industries, even though the effect of net entry is larger for high growth industries.

Place, publisher, year, edition, pages
Springer Science+Business Media B.V., 2009. Vol. 36, no 3, 293-308 p.
Keyword [en]
Employment growth, Entry, Market turbulence, Quantile regression, empirical analysis, employment generation, hypothesis testing, industrial development, industrial structure, market conditions, regression analysis, Eurasia, Europe, Northern Europe, Scandinavia, Sweden
National Category
Economics and Business
URN: urn:nbn:se:kth:diva-62517DOI: 10.1007/s10663-008-9086-zScopusID: 2-s2.0-67849108194OAI: diva2:480519

QC 20120124

Available from: 2012-01-19 Created: 2012-01-19 Last updated: 2016-07-21Bibliographically approved

Open Access in DiVA

No full text

Other links

Publisher's full textScopus

Search in DiVA

By author/editor
Nyström, Kristina
By organisation
Economics (Closed (20130101)
In the same journal
Economics and Business

Search outside of DiVA

GoogleGoogle Scholar
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Altmetric score

Total: 139 hits
ReferencesLink to record
Permanent link

Direct link