Job Creation and Job Destruction in Britain: 1980-90

David Blanchflower and Simon Burgess ()

No 912, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper characterizes the processes of job creation and job destruction (JC&D) in Britain, and provides more `stylized facts' to hold up against models of JC&D. The analysis is based on three large cross-sections of continuing plants in Britain. The issues examined include the diversity of employment growth rates and the correspondingly substantial JC&D rates. We show that both job creation and destruction are extremely concentrated. The top decile of job creators seem to be made up of large firms growing moderately and medium-sized firms growing rapidly.

Keywords: Growth of Firms; Job Creation; Job Destruction; Reallocation (search for similar items in EconPapers)
JEL-codes: E32 J23 J63 (search for similar items in EconPapers)
Date: 1994-02
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Citations: View citations in EconPapers (2)

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