Job Creation and Job Destruction in a Transition Economy: Ownership

Mark Schaffer (m.e.schaffer@hw.ac.uk)

CEP Discussion Papers from Centre for Economic Performance, LSE

Abstract: Comprehensive firm-level data for Polish manufacturing show that in state-owned firms the large drop in net employment since the start of the transition in 1990 has been driven by a jump in the job destruction rate; job creation, by contrast, is located disproportionately in the private sector. Small firms are more dynamic than large firms, but even after controlling for size, private firms have a higher net employment growth rate.

Date: 1996-03
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