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Title:
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New business formation and employment growth: some evidence for the Spanish manufacturing industry
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Author:
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Arauzo Carod, Josep Maria; Liviano Solís, Daniel; Martín Bofarull, Mònica
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Other authors:
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Universitat Rovira i Virgili. Departament d'Economia |
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Abstract:
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This paper explores the effects of new business formation on employment growth
in Spanish manufacturing industries. New firms are believed to make an important
contribution to economic growth but the extent of this contribution is unclear. We
consider time lags of new firm formation as explanatory variables of employment
change and identify how long the effect of new firm entries on employment lasts.
Our main results show that the effects of new business formation are positive in the
short term, negative in the medium term and positive in the long term, thus
confirming the existence of indirect supply-side effects found in similar studies for
other countries. Key words: regional growth, firm entry, time lags and Spanish economy.
JEL classifications: L00, L60, R11, R12 |
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Publication date:
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2006 |
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Subject(s):
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Empreses -- Creació
Creació d'ocupació
Espanya
Manufactures |
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Rights:
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Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i el departament i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús (http://creativecommons.org/licenses/by-nc-nd/2.5/es/) |
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Document type:
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Working Paper |
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ISSN:
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1576-3382
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Collection:
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Documents de treball del Departament d'Economia;2006-4;
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