Preview

Экономика науки

Расширенный поиск

Gross Job-Creation and Gross Job-Destruction Determinants: Empirical Analyse at Micro Firms Data Level

https://doi.org/10.22394/2410-132X-2020-6-4-236-245

Полный текст:

Аннотация

This study analyses gross job-creation and gross job-destruction determinants at the firm level for a panel of Portuguese micro-firms across four industry sectors, using the Ordinary Leat Square and Fixed Effect econometrics model to analyse a database consisting on 15.686 micro firms, for the period going from 2010 to 2017. It was found that laggard gross job-creation, assets tangibility, financial leverage, profits, and the fact firms belong to the construction sector determine gross job-creation. Regarding gross job-destruction, it was found that this variable is determined by its laggard variable, firm’s size, worker’s tenure, and the fact the firm belongs to the hotels and restaurant sector. Finally, findings suggest that a resource-based approach explains gross job-creation and gross job-creation for micro firms by using microdata. This study contributes to the state of the art on the determinants of employment and firing at micro firms’ level as it investigates the importance of the independent variables in explaining micro firm’s labour demand in Portugal.

Об авторах

T. Leonardo
University José Eduardo dos Santos
Ангола

Tadeu Leonardo– PhD student in Economics, Coordinator of the economics course and head of the department of teaching and research in economics at Faculty of Economy

Angola, Huambo



D. Francisco
Centre for Transdisciplinary Development Studies
Португалия

Francisco Diniz – PhD in Ecoinomics, Associate Professor with Habilitation (Retired), Centre for Transdisciplinary Development Studies (CETRAD)

Portugal, Quinta dos Prados, 5000–801 Vila Real

Scopus Author ID: 55881300300

https://www.cienciavitae.pt/portal/BF1D-3C66-B0D9



Список литературы

1. Davis S. J., Haltiwanger J. C., Schuh S. et al. (1998) Job creation and destruction / MIT Press Books 1.

2. Lawless M. (2013) Age or size? determinants of job creation. Technical report / Central Bank of Ireland.

3. Yazdanfar D., Salman A. K. (2012) Assessing determinants on job creation at the firm level: Swedish micro firm data // International journal of economics and finance. 4(12).

4. Davis S. J., Haltiwanger J., Schuh S. (1996) Small business and job creation: Dissecting the myth and reassessing the facts // Small business economics. 8(4):297–315.

5. Centeno M., Machado C., Novo A. A. (2007) Job creation and destruction in Portugal / www.bportugal.pt. Publications p. 75.

6. Neumark, D., Wall, B., & Zhang, J. (2011) Do small businesses create more jobs? New evidence for the United States from the National Establishment Time Series // The Review of Economics and Statistics. 93(1):16–29.

7. Samsi, A., Samsuddin, S.N.F., Abdullah, N., Maamor, S., Abdullah, H., Nayan, S. (2018) Job creation patterns in the Malaysian manufacturing sector: does technology matter? // International Journal of Technology. 9(8):1628–1638.

8. Eslava, M., Haltiwanger, J.C., & Pinzón, A. (2019) Job creation in Colombia vs the US:“up or out dynamics” meets “the life cycle of plants” (No. w25550) / National Bureau of Economic Research.

9. Greenwald B. C., Stiglitz J. E. (1993) Financial market imperfections and business cycles // The Quarterly Journal of Economics. 108(1):77–114.

10. Modigliani F., Miller M. H. (1958) The cost of capital, corporation finance and the theory of invest ment // The American economic review. 48(3):261–297.

11. Yazdanfar D., Öhman P. (2015) Firm-level determinants of job creation by SMEs: Swedish empirical evidence / Journal of Small Business and Enterprise Development.

12. Acemoglu D., Autor D. (2011) Skills, tasks and technologies: Implications for employment and earnings // Handbook of labor economics. 4:1043–1171.

13. Davis S. J., Haltiwanger J., Schuh S. (1994) Small business and job creation: Dissecting the myth and reassessing the facts // Business Economics. Pp. 13–21.

14. Kane T. J. (2010) The importance of startups in job creation and job destruction. Available at SSRN1646934.

15. Cantor R. (1990) Effects of leverage on corporate investment and hiring decisions // Federal Reserve Bank of New York Quarterly Review. 15(2):31–41.

16. Graafland J. J., Lever M. H. (1996) Internal and external forces in sectoral wage formation: evidence from the Netherlands // Oxford Bulletin of Economics and Statistics. 58(2):241–252.

17. Sharpe S. A. (1994) Financial market imperfections, firm leverage, and the cyclicality of employment // The American Economic Review. 84(4):1060–1074.

18. Arnold B., De Lange P. (2004) Enron: an examination of agency problems // Critical Perspectives on Accounting. 15(6–7):751–765.

19. Henrekson M. (2020) How labor market institutions affect job creation and productivity growth / IZA World of Labor.

20. Hendrickson L., Bucifal S., Balaguer A., Hansell D. (2015) The employment dynamics of Australian entrepreneurship // Research paper. 4, 2015.

21. Eslava M., Haltiwanger J. C., Pinzón A. (2019) Job creation in Colombia vs the US:“up or out dynamics” meets “the life cycle of plants” (No. w25550).


Для цитирования:


Leonardo T., Francisco D. Gross Job-Creation and Gross Job-Destruction Determinants: Empirical Analyse at Micro Firms Data Level. Экономика науки. 2020;6(4):236-245. https://doi.org/10.22394/2410-132X-2020-6-4-236-245

For citation:


Leonardo T., Francisco D. Gross Job-Creation and Gross Job-Destruction Determinants: Empirical Analyse at Micro Firms Data Level. The Economics of Science. 2020;6(4):236-245. https://doi.org/10.22394/2410-132X-2020-6-4-236-245

Просмотров: 159


Creative Commons License
Контент доступен под лицензией Creative Commons Attribution 4.0 License.


ISSN 2410-132X (Print)