Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86017
Authors: 
van Stel, André
Storey, David
Year of Publication: 
2002
Series/Report no.: 
Tinbergen Institute Discussion Paper 02-052/3
Abstract: 
This paper examines the relationship between firm births and job creation in Great Britain. We use a new data set for 60 British regions, covering the whole of Great Britain, between 1980 and 1998. The central theme of the paper is that, with the exception of a recent paper by Audretsch and Fritsch for Germany, the relationship between new-firm startups and employment growth has previously been examined either with no time-lag or with only a short period lag. The current paper examines short-run as well as long-run relationships and provides results for Great Britain similar to those for Germany. We find that the short-run employment impact of new-firm startups in British regions has been bigger in the 1990s compared to the 1980s. Concerning long-run effects, we find that the employment impact of new-firm startups is strongest after about five years, but the effect disappears after a decade.
Subjects: 
new-firm startups
employment growth
entrepreneurship
Great Britain.
JEL: 
J23
L10
M13
R11
Document Type: 
Working Paper

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