Job Creation and Destruction: New Evidence on the Role of Small Versus Young Firms in Korea

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2016-12-05 DOI:10.1111/jere.12133

Janghee Cho, Hyunbae Chun, Hongjun Kim, Yoonsoo Lee

引用次数: 13

Abstract

Using the Census on Establishments data in Korea, the present study revisits the role of firm age and size to explain aggregate employment dynamics. We confirm the finding of Haltiwanger et al. that no systematic inverse relationship exists between net job growth and firm size once firm age is controlled for. We find that small businesses are driving forces of aggregate employment growth but that such high growth is mostly driven by the entry of very small firms, which is offset by job destructions of a similar magnitude. Moreover, entrepreneurial activity occurs among very small firms, whereas large start-ups are rarely observed.

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就业创造与破坏:韩国小企业与年轻企业角色的新证据

利用韩国企业普查数据，本研究重新审视了企业年龄和规模的作用，以解释总就业动态。我们证实了Haltiwanger等人的发现，即一旦控制了企业年龄，净就业增长与企业规模之间不存在系统的反向关系。我们发现，小企业是推动总就业增长的力量，但这种高增长主要是由非常小的公司的进入推动的，这被类似规模的就业破坏所抵消。此外，创业活动发生在非常小的公司中，而很少观察到大型初创公司。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.