Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2002-06-04
Number: 02-052/3
Author-Name: André van Stel
Author-Email: vanstel@few.eur.nl
Author-Workplace-Name: Erasmus University Rotterdam, and EIM Business and Policy Research, Zoetermeer
Author-Name: David Storey
Author-Workplace-Name: University of Warwick, and EIM Business and Policy Research, Zoetermeer
Title: The Relationship between Firm Births and Job Creation
Abstract: This paper examines the relationship between firm births and job creation in Great Britain. We use a new data set for 60 British regions, covering the whole of Great Britain, between 1980 and 1998. The central theme of the paper is that, with the exception of a recent paper by Audretsch and Fritsch for Germany, the relationship between new-firm startups and employment growth has previously been examined either with no time-lag or with only a short period lag. The current paper examines short-run as well as long-run relationships and provides results for Great Britain similar to those for Germany. We find that the short-run employment impact of new-firm startups in British regions has been bigger in the 1990s compared to the 1980s. Concerning long-run effects, we find that the employment impact of new-firm startups is strongest after about five years, but the effect disappears after a decade.
Classification-JEL: J23; L10; M13; R11.
Keywords: new-firm startups; employment growth; entrepreneurship; Great Britain.
File-Url: https://papers.tinbergen.nl/02052.pdf
File-Format: application/pdf
File-Size: 156130 bytes
Handle: RePEc:tin:wpaper:20020052