Producer Dynamics: New Evidence from Micro Data

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Overview

The Census Bureau has recently begun releasing official statistics that measure the movements of firms in and out of business and workers in and out of jobs.  The economic analyses in Producer Dynamics exploit this newly available data on establishments, firms, and workers, to address issues in industrial organization, labor, growth, macroeconomics, and international trade.

This innovative volume brings together a group of renowned economists to probe topics such as firm dynamics across countries; patterns of employment dynamics; firm dynamics in nonmanufacturing industries such as retail, health services, and agriculture; employer-employee turnover from matched worker/firm data sets; and turnover in international markets. Producer Dynamics will serve as an invaluable reference to economists and policy makers seeking to understand the links between firms and workers, and the sources of economic dynamics, in the age of globalization.

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Product Details

Meet the Author

Timothy Dunne is a senior economic advisor in the research department at the Federal Reserve Bank of Cleveland.

J. Bradford Jensen is a senior fellow at the Peterson Institute for International Economics, associate professor at the McDonough School of Business at Georgetown University, and a research associate of the NBER.

Mark J. Roberts is a professor of economics at Penn State University and a research associate of the NBER.

 

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Table of Contents

Prefatory Note

Introduction               

            Timothy Dunne, J. Bradford Jensen and Mark J. Roberts

I. Cross-Country Comparison of Producer Dynamics

1. Measuring and Analyzing Cross-country Differences in Firm Dynamics

Eric Bartelsman, John Haltiwanger and Stefano Scarpetta

Comment: Timothy Dunne

II. Employment Dynamics

2. Studying the Labor Market with the Job Openings and Labor Turnover Survey

R. Jason Faberman

3. What Can We Learn About Firm Recruitment from the Job Openings and Labor Turnover Survey?

Éva Nagypál

4. Business Employment Dynamics

Richard L. Clayton and James R. Spletzer

5. The LEHD Infrastructure Files and the Creation of the Quarterly Workforce Indicators

John M. Abowd, Bryce E. Stephens, Lars Vilhuber, Fredrik Andersson, Kevin L. McKinney, Marc Roemer and Simon Woodcock

Comment: Katharine G. Abraham

III. Sector Studies of Producer Turnover        

6. The Role of Retail Chains: National, Regional and Industry Results

Ronald S. Jarmin, Shawn D. Klimek, and Javier Miranda

Comment: Jeffrey R. Campbell

7. Entry, Exit and Labor Productivity in U.K. Retailing: Evidence from Micro Data

Jonathan Haskel and Raffaella Sadun

8. The Dynamics of Market Structure and Market Size in Two Health Services Industries

Timothy Dunne, Shawn D. Klimek, Mark J. Roberts and Yi Xu

9. Measuring the Dynamics of Young and Small Businesses: Integrating the Employer and Non-employer Universes

Steven J. Davis, John Haltiwanger, Ronald S. Jarmin, C.J. Krizan, Javier Miranda, Alfred Nucci and Kristin Sandusky

Comment: Thomas J. Holmes             

10. Producer Dynamics in Agriculture: Empirical Evidence

Mary Clare Ahearn, Penni Korb and Jet Yee

Comment: Spiro E. Stefanou

IV. Employer-Employee Dynamics

11. Ownership Change, Productivity, and Human Capital: New Evidence from Matched Employer-Employee Data

Donald S. Siegel, Kenneth L. Simons and Tomas Lindstrom

Comment: Judith K. Hellerstein

12. The Link between Human Capital, Mass Layoffs, and Firm Deaths

John M. Abowd, Kevin L. McKinney and Lars Vilhuber

13. The Role of Fringe Benefits in Employer and Workforce Dynamics

Anja Decressin, Tomeka Hill, Kristin McCue and Martha Stinson

Comment: Dan A. Black

V. Producer Dynamics in International Markets

14. Importers, Exporters and Multinationals: A Portrait of Firms in the U.S. that Trade Goods

Andrew B. Bernard, J. Bradford Jensen and Peter K. Schott

Comment: James Harrigan

15. The Impact of Trade on Plant Scale, Production-Run Length and Diversification

John Baldwin and Wulong Gu

Comment: James Tybout

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