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|dc.description.abstract||In this paper we document and analyse gross job flows in five transition countries, Poland,Estonia, Slovenia, Bulgaria and Romania. Using comparable firm level data over the years 1993-1997, we find that in early transition job destruction dominates job creation, while the latter ispicking up as the country enters into a mature stage of transition. Gross job reallocation rates inthe more advanced transition countries are comparable to those of Western economies.We show that the restructuring process is a very heterogeneous one in terms of job creation anddestruction: Even in transition countries, hit by very large negative aggregate shocks, we findsimultaneous creation and destruction of jobs within narrowly defined sectors, regions and firmtypes. In addition, we find that most of the job reallocation occurs within sectors and regions,rather than across sectors and regions. We suggest that a measure for restructuring is theexcess job reallocation rate and show that the excess job reallocation rate is positivelycorrelated with the net employment growth rate at the sector and regional level.Finally, we find that ownership and firm size are the most relevant characteristics forunderstanding different cross-sectional patterns of job reallocation. Foreign firms have higher jobcreation and higher excess job reallocation rates, while small businesses are the most dynamicin terms of job reallocation. We investigate the job reallocation process at the firm level and testfor trade orientation, ownership and size effects. The results show that firm growth depends onownership and initial size. Trade orientation effects are important for countries in early transitionbut not for countries in a more mature stage of the transition process.||en_US|
|dc.publisher|||aInstitute for the Study of Labor (IZA) |cBonn||-|
|dc.relation.ispartofseries|||aIZA Discussion paper series |x242||en_US|
|dc.title||Job Creation, Job Destruction and Employment Growth in Transition Countries in the 90's||en_US|
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