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Structural Change, Competition, and Job Turnover in Swedish Manufacturing, 1964–96
Author(s) -
Andersson Linda,
Gustafsson Ola,
Lundberg Lars
Publication year - 2000
Publication title -
review of international economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.513
H-Index - 58
eISSN - 1467-9396
pISSN - 0965-7576
DOI - 10.1111/1467-9396.00242
Subject(s) - economics , job creation , turnover , manufacturing , profit (economics) , profit margin , labour economics , competition (biology) , manufacturing sector , profit rate , industrial organization , microeconomics , business , biology , management , ecology , marketing , finance
The rate of interindustry job turnover in Swedish manufacturing seems to be driven by the dispersion of profit changes among industries. Shifts in international competitiveness among industries played a central role for explaining this pattern. The rate of intraindustry job turnover among plants has been higher in industries with many small plants, low profit margins, and high import penetration.