Job Creation, Destruction, and Regional Employment Growth: Evidence from Korean Establishment-level Data
Using the Census on Establishments collected by Statistics Korea, we analyze how the patterns of job creation and destruction differ across counties (si-gun-gu). We measure aggregate employment changes due to establishment startups, expansions, contractions, and shutdowns for each county and quantif...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Korea Development Institute
2015-11-01
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| Series: | KDI Journal of Economic Policy |
| Subjects: | |
| Online Access: | https://doi.org/10.23895/kdijep.2015.37.4.55 |
| _version_ | 1819268114848677888 |
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| author | CHO, JANG HEE CHUN, HYUN BAE YI, IN SILL |
| author_facet | CHO, JANG HEE CHUN, HYUN BAE YI, IN SILL |
| author_sort | CHO, JANG HEE |
| collection | DOAJ |
| description | Using the Census on Establishments collected by Statistics Korea, we analyze how the patterns of job creation and destruction differ across counties (si-gun-gu). We measure aggregate employment changes due to establishment startups, expansions, contractions, and shutdowns for each county and quantify the role of such reallocations in explaining variation in employment growth across counties. Overall we find that both rates of net entry and job creation play an important role in explaining differences in net job creation rates across regions. Moreover, counties with high employment growth rates also tend to have high exit and job destruction rates, which suggests that an active process of job reallocation is a key source of regional employment growth. |
| first_indexed | 2024-12-23T21:27:55Z |
| format | Article |
| id | doaj.art-84ca6607643f4dee8a8de8af8e1bd9b0 |
| institution | Directory Open Access Journal |
| issn | 2586-2995 2586-4130 |
| language | English |
| last_indexed | 2024-12-23T21:27:55Z |
| publishDate | 2015-11-01 |
| publisher | Korea Development Institute |
| record_format | Article |
| series | KDI Journal of Economic Policy |
| spelling | doaj.art-84ca6607643f4dee8a8de8af8e1bd9b02022-12-21T17:30:33ZengKorea Development InstituteKDI Journal of Economic Policy2586-29952586-41302015-11-01374557410.23895/kdijep.2015.37.4.55Job Creation, Destruction, and Regional Employment Growth: Evidence from Korean Establishment-level DataCHO, JANG HEE0CHUN, HYUN BAE1YI, IN SILL2Assistant professor, Department of Economics, Jeju National University(Corresponding author) Professor, Department of Economics, Sogang UniversityAssociate Professor, Sogang School of Economics, Sogang UniversityUsing the Census on Establishments collected by Statistics Korea, we analyze how the patterns of job creation and destruction differ across counties (si-gun-gu). We measure aggregate employment changes due to establishment startups, expansions, contractions, and shutdowns for each county and quantify the role of such reallocations in explaining variation in employment growth across counties. Overall we find that both rates of net entry and job creation play an important role in explaining differences in net job creation rates across regions. Moreover, counties with high employment growth rates also tend to have high exit and job destruction rates, which suggests that an active process of job reallocation is a key source of regional employment growth.https://doi.org/10.23895/kdijep.2015.37.4.55Job CreationJob DestructionEntry and ExitRegional Employment |
| spellingShingle | CHO, JANG HEE CHUN, HYUN BAE YI, IN SILL Job Creation, Destruction, and Regional Employment Growth: Evidence from Korean Establishment-level Data KDI Journal of Economic Policy Job Creation Job Destruction Entry and Exit Regional Employment |
| title | Job Creation, Destruction, and Regional Employment Growth: Evidence from Korean Establishment-level Data |
| title_full | Job Creation, Destruction, and Regional Employment Growth: Evidence from Korean Establishment-level Data |
| title_fullStr | Job Creation, Destruction, and Regional Employment Growth: Evidence from Korean Establishment-level Data |
| title_full_unstemmed | Job Creation, Destruction, and Regional Employment Growth: Evidence from Korean Establishment-level Data |
| title_short | Job Creation, Destruction, and Regional Employment Growth: Evidence from Korean Establishment-level Data |
| title_sort | job creation destruction and regional employment growth evidence from korean establishment level data |
| topic | Job Creation Job Destruction Entry and Exit Regional Employment |
| url | https://doi.org/10.23895/kdijep.2015.37.4.55 |
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