TY - JOUR
T1 - Gross job flows in Russian industry before and after reforms
T2 - Has destruction become more creative?
AU - Brown, J. David
AU - Earle, John S.
PY - 2002
Y1 - 2002
N2 - We analyze annual census data from 1985 to 1999 for old Russian manufacturing firms to calculate the magnitude, covariates, and productivity consequences of gross job flows before and after reforms. The job creation rate was low throughout the period but increased slightly after 1991, while job destruction, reallocation, excess reallocation, and employment growth dispersion rose markedly. The association of excess reallocation with firm size, wages, labor productivity, and capital intensity became clearly negative postreform. Job reallocation was unrelated to labor productivity growth under socialism, but recent contributions were strongly positive. Privatization and competition did not increase job flows, but they became associated with significantly higher covariance of employment growth with relative productivity, suggesting that they may have helped to focus job destruction in firms with the lowest productivity. J. Comp. Econ., March 2002, 30(1), pp. 96-133. Heriot-Watt University, Edinburgh, United Kingdom; Center for Economic Policy Research, London; and Center for Economic and Financial Research, Moscow; and Upjohn Institute for Employment Research, Kalamazoo, Michigan; and Central European University, Budapest, Hangary. © 2002 Elsevier Science (USA).
AB - We analyze annual census data from 1985 to 1999 for old Russian manufacturing firms to calculate the magnitude, covariates, and productivity consequences of gross job flows before and after reforms. The job creation rate was low throughout the period but increased slightly after 1991, while job destruction, reallocation, excess reallocation, and employment growth dispersion rose markedly. The association of excess reallocation with firm size, wages, labor productivity, and capital intensity became clearly negative postreform. Job reallocation was unrelated to labor productivity growth under socialism, but recent contributions were strongly positive. Privatization and competition did not increase job flows, but they became associated with significantly higher covariance of employment growth with relative productivity, suggesting that they may have helped to focus job destruction in firms with the lowest productivity. J. Comp. Econ., March 2002, 30(1), pp. 96-133. Heriot-Watt University, Edinburgh, United Kingdom; Center for Economic Policy Research, London; and Center for Economic and Financial Research, Moscow; and Upjohn Institute for Employment Research, Kalamazoo, Michigan; and Central European University, Budapest, Hangary. © 2002 Elsevier Science (USA).
UR - http://www.scopus.com/inward/record.url?scp=0036204865&partnerID=8YFLogxK
U2 - 10.1006/jcec.2001.1757
DO - 10.1006/jcec.2001.1757
M3 - Article
SN - 0147-5967
VL - 30
SP - 96
EP - 133
JO - Journal of Comparative Economics
JF - Journal of Comparative Economics
IS - 1
ER -