publication . Research . Preprint . 1995

Job Creation, Job Destruction and Plant Turnover in Norwegian Manufacturing

Klette, Tor Jakob; Mathiassen, Astrid;
Open Access English
  • Published: 01 Feb 1995
  • Publisher: Oslo: Statistics Norway, Research Department
  • Country: Norway
Abstract
The labour market in Norway, as in other Scandinavian countries, is often claimed to be overregulated and incapable of adjustment to changes in job opportunities. The results presented in this paper suggest to the contrary that in terms of job creation and job reallocation between plants, the manufacturing sector in Norway is surprisingly flexible, and_similar to the manufacturing sector in other OECD countries such as the U.S. We show that 8.4 percent of the manufacturing jobs are eliminated annually, while new jobs constitute 7.1 percent of manufacturing employment, in an average year. Even in a serious recession year, a considerable number of new jobs are cre...
Subjects
free text keywords: E32, J23, J63, Job creation, job destruction, entry and exit., Job creation; job destruction; entry and exit., :Matematikk og Naturvitenskap: 400::Matematikk: 410::Statistikk: 412 [VDP], ddc:330, jel:E32, jel:J23, jel:J63, JEL classification: E32, JEL classification: J23, JEL classification: J63
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publication . Research . Preprint . 1995

Job Creation, Job Destruction and Plant Turnover in Norwegian Manufacturing

Klette, Tor Jakob; Mathiassen, Astrid;