Competition, Market Structure and Job Turnover

Authors: Antelius J.¹; Lundberg L.²

Source: Journal of Industry, Competition and Trade, Volume 3, Number 3, 200309 , pp. 211-226(16)

Publisher: Springer

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Abstract:

Does internationalization mean increased reallocation of employment among plants and thus higher adjustment costs? This paper studies the reallocation of jobs among plants in the Swedish economy 1986–97 using micro data. It turns out that the rate of job turnover is high in industries with high rates of innovation and employment growth, and low in concentrated industries with limited competition. However, we find no evidence for the view that increased openness to international competition would increase job turnover. In fact turnover is lower in export oriented industries where foreign ownership is frequent.

Keywords: job turnover; market structure

Document Type: Research article

Affiliations: 1: Trade Union Institute for Economic Research (FIEF), University of Stockholm 2: Trade Union Institute for Economic Research (FIEF), University of örebro

Publication date: 2003-01-01