Family Business, Employment, and GDP
Dan Johansson (),
Hans Sjögren and
Carl Magnus Bjuggren ()
No 145, Ratio Working Papers from The Ratio Institute
We analyze the proportion of family business and its contribution to employment and gross domestic product (GDP). Our analysis adds to the literature by including all listed firms and by investigating a longer period than has heretofore been reported. The main contribution is to extend the analysis to include all firms in the economy using census data. Our study is devoted to the case of Sweden. Family business makes up half of the listed firms, and three quarters of all firms, accounting for one-fourth of total employment, and one-fifth of GDP. Their importance has increased during the period studied.
Keywords: Family Firms; Employment; GDP; Sweden; Ownership (search for similar items in EconPapers)
JEL-codes: L11 L25 L26 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:ratioi:0145
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