DO SMALL BUSINESSES CREATE MORE JOBS? NEW EVIDENCE FOR THE UNITED STATES FROM THE NATIONAL ESTABLISHMENT TIME SERIES

• 成果类型: Article
• 署名作者: Neumark, David; Wall, Brandon; Zhang, Junfu
• 署名单位: University of California System; University of California Irvine; National Bureau of Economic Research; Stanford University; Clark University
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00060
• 发表日期: 2011-02
• 页码: 16-29
• 关键词: employment dynamics; firm growth; size; destruction; services; FLOWS; AGE; LAW

摘要

We use the National Establishment Time Series (NETS) to revisit the debate about the role of small businesses in job creation (Birch, 1987; Davis, Haltiwanger, & Schuh, 1996a). Using the NETS data, we examine evidence for the overall economy, as well as for different sectors. The results indicate that small firms and small establishments create more jobs, on net, although the difference is much smaller than Birch's methods suggest. Moreover, in the recent period we study, a negative relationship between establishment size and net job creation holds for both the manufacturing and services sectors.