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Firm Size and Job Creation in Korea: Do Small Businesses Create More Jobs?

홍성철|표한형|김안정
한국경제학회 (The Korean Economic Association)|2016.06|The Korean Economic Review|제32권 제1호|pp. 137-166

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참고문헌

키워드

Firm SizeFirm AgeNet Job Creation
주제분류경제학

초록

Using the Census on Establishments data in Korea from 2003 to 2012, we study the relationship between firm size and net job growth rate. When we use average size instead of base year size without controlling for firm age, the effect does become weaker, but we still observe a negative correlation between the two. However, when we control for firm age, the negative correlation between firm size and net job growth rate becomes nonexistent, and in some cases there is even a positive correlation. This is the same even when we use establishment level data instead of firm level data.

Abstract

Using the Census on Establishments data in Korea from 2003 to 2012, we study the relationship between firm size and net job growth rate. When we use average size instead of base year size without controlling for firm age, the effect does become weaker, but we still observe a negative correlation between the two. However, when we control for firm age, the negative correlation between firm size and net job growth rate becomes nonexistent, and in some cases there is even a positive correlation. This is the same even when we use establishment level data instead of firm level data.

참고문헌 (39)

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