PublikationWorking paper

Working paper No. 158. When is Gibrat’s Law a Law?

Sammanfattning

The purpose of this paper is to investigate if the industry context matters for whether Gibrat’s law is rejected or not using a dataset that consists of all limited firms in 5-digit NACE-industries in Sweden during 1998-2004. The results reject Gibrat’s law on an aggregate level, since small firms grow faster than large firms. However, Gibrat’s law is confirmed about as often as it is rejected when industry-specific regressions are estimated. It is also found that the industry context – e.g., minimum effcient scale, market concentration rate, and number of young firms in the industry – matters for whether Gibrat’s law is rejected or not.

Related content: When is Gibrat’s Law a Law?

Daunfeldt, S-O., & Elert, N. (2010). When is Gibrat’s Law a Law? Ratio Working paper No. 158.

Liknande innehåll

Bokkapitel

Do Targeted R&D Grants toward SMEs Increase Employment and Demand for High Human Capital Workers?

Daunfeldt, S. O., Halvarsson, D., Tingvall, P. G., & McKelvie, A.

Publiceringsår

2022

Publicerat i

Springer.

Sammanfattning

Most previous studies on the employment effects of government R&D grants targeting SMEs are characterized by data-, measurement-, and selection problems, making it difficult to construct a relevant control group of firms that did not receive an R&D grant. We investigate the effects on employment and firm-level demand for high human capital workers of two Swedish programs targeted toward growth-oriented SMEs using Coarsened Exact Matching. Our most striking result is the absence of any statistically significant effects. We find no robust evidence that the targeted R&D grant programs had any positive and statistically significant effects on the number of employees recruited into these SMEs, or that the grants are associated with an increase in the demand for high human capital workers. The lack of statistically significant findings is troublesome considering that government support programs require a positive impact to cover the administrative costs associated with these programs.

The book can be downloaded here for free.

Artikel (utan peer review)

Jobbskapande och produktivitet i små kontra nya företag

Andersson, M., Henrekson, M., Jack, S., Stenkula, M., Thorburn, K., Wennberg, K. & Zander, I.

Publiceringsår

2021

Publicerat i

Ekonomisk Debatt.

Sammanfattning

Denna artikel presenterar 2020 års pristagare av Global Award for Entrepreneurship Research – John Haltiwanger – och de bidrag han har gjort inom entreprenörskapsforskningen. Haltiwanger har bl a bidragit till att förbättra vår förståelse av hur jobb skapas och försvinner, kartlägga vilka faktorer som styr produktivitet samt analysera hur småföretag bidrar till den ekonomiska utvecklingen. Hans forskning har inspirerat såväl policydebatt som nationella statistikmyndigheter världen över.

Andersson, M., Henrekson, M., Jack, S., Stenkula, M., Thorburn, K., Wennberg, K. & Zander, I. (2021). Jobbskapande och produktivitet i små kontra nya företag. Ekonomisk Debatt, 2021(7).

Artikel (med peer review)

The Effect of Marshallian and Jacobian Knowledge Spillovers on Jobs in the Solar, Wind and Energy Efficiency Sector

Aldieri, L., Grafström, J., & Vinci, C. P.

Publiceringsår

2021

Publicerat i

Energies, 14(14), 4269.

Sammanfattning

The purpose of this paper is to establish if Marshallian and Jacobian knowledge spillovers affect job creation in the green energy sector. Whether these two effects exist is important for the number of jobs created in related fields and jobs pushed away in other sectors. In the analysis, the production efficiency, in terms of jobs and job spillovers, from inventions in solar, wind and energy efficiency, is explored through data envelopment analysis (DEA), based on the Malmquist productivity index, and tobit regression. A panel dataset of American and European firms over the period of 2002–2017 is used. The contribution to the literature is to show the role of the spillovers from the same technology sector (Marshallian externalities), and of the spillovers from more diversified activity (Jacobian externalities). Since previous empirical evidence concerning the innovation effects on the production efficiency is yet weak, the paper attempts to bridge this gap. The empirical findings suggest negative Marshallian externalities, while Jacobian externalities have no statistical impact on the job creation process. The findings are of strategic importance for governments who are developing industrial strategies for renewable energy.

Aldieri, L., Grafström, J., & Vinci, C. P. (2021). The Effect of Marshallian and Jacobian Knowledge Spillovers on Jobs in the Solar, Wind and Energy Efficiency Sector. Energies, 14(14), 4269.

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Liknande innehåll

Bokkapitel

Do Targeted R&D Grants toward SMEs Increase Employment and Demand for High Human Capital Workers?

Daunfeldt, S. O., Halvarsson, D., Tingvall, P. G., & McKelvie, A.

Publiceringsår

2022

Publicerat i

Springer.

Sammanfattning

The book can be downloaded here for free.

Artikel (utan peer review)

Jobbskapande och produktivitet i små kontra nya företag

Andersson, M., Henrekson, M., Jack, S., Stenkula, M., Thorburn, K., Wennberg, K. & Zander, I.

Publiceringsår

2021

Publicerat i

Ekonomisk Debatt.

Sammanfattning

Andersson, M., Henrekson, M., Jack, S., Stenkula, M., Thorburn, K., Wennberg, K. & Zander, I. (2021). Jobbskapande och produktivitet i små kontra nya företag. Ekonomisk Debatt, 2021(7).

Artikel (med peer review)