Employment Growth Patterns in South Asia : Some Evidence from Interim Enterprise Survey Data

This paper analyzes firm growth patterns in South Asia, using establishment level data from an Interim Enterprise Survey. The survey was conducted by the World Bank in 2009 and 2010 and covers seven countries in the region. The first finding suggests that size in the base year gains importance for employment growth and firm age is statistically insignificant for growth. This contradicts the thought that young and small firms are the bearers of growth. Second, establishments in larger localities expanded faster, confirming the observation of urban centers as growth poles. Third, establishments in areas of severe conflict performed worse than establishments in other areas. Interestingly, the distribution of growth rates shows that both firm growth and fast-growing firms exist in conflict regions.

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Bibliographic Details
Main Author: Friesenbichler, Klaus
Language:English
Published: 2011-10-01
Subjects:AGGLOMERATION EFFECTS, AGGREGATE FLUCTUATIONS, AVERAGE GROWTH, AVERAGE GROWTH RATE, BUSINESS CYCLES, BUSINESS ENVIRONMENT, CAPITAL STOCK, COMPANY, COMPETITIVE ENVIRONMENT, COUNTRY LEVEL, CREATING JOBS, DENSITY FUNCTION, DEPENDENT VARIABLE, DESCRIPTIVE STATISTICS, DEVELOPMENT POLICY, DEVELOPMENT REPORT, ECONOMIC GROWTH, ECONOMICS, EMPLOYMENT, EMPLOYMENT DYNAMICS, EMPLOYMENT GENERATION, EMPLOYMENT GROWTH, EMPLOYMENT LEVELS, EMPLOYMENT OPPORTUNITIES, EMPLOYMENT RATES, EMPLOYMENT SHARE, ENTREPRENEURSHIP, ERROR TERMS, ESTIMATED COEFFICIENTS, EXOGENOUS VARIABLE, EXPANSION, EXPLANATORY VARIABLES, FINANCIAL CRISIS, FIRM ENTRY, FIRM GROWTH, FIRM LEVEL, FIRM SIZE, FIRM SIZES, GROWTH DIAGNOSTICS, GROWTH INVESTMENT, GROWTH LITERATURE, GROWTH PERFORMANCE, GROWTH RATE, GROWTH RATES, GROWTH REGRESSIONS, HIGH GROWTH, HUMAN CAPITAL, INDUSTRIALIZED COUNTRIES, INFORMAL SECTOR, INVESTMENT CLIMATE, JOB CREATION, JOBS, LABOR FORCE, LABOR MARKET, MEAN VALUE, MERGERS, MICROENTERPRISES, NET CHANGES, NET EMPLOYMENT, NET JOB CREATION, OWNERSHIP STRUCTURES, POLICY RESEARCH, POLITICAL INSTABILITY, POOR PEOPLE, POVERTY RATES, PRIVATE SECTOR, PRODUCTIVE ACTIVITIES, RURAL AREAS, SECTORAL COMPOSITION, SERVICE INDUSTRIES, SIGNIFICANT EFFECT, SMALL BUSINESS, SMALL BUSINESS GROWTH, SMALL FIRMS, TECHNOLOGICAL ADVANCES, TOTAL EMPLOYMENT, URBAN AREAS, URBAN EMPLOYMENT, URBAN GROWTH, WORKER, WORKERS,
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111025104215
https://hdl.handle.net/10986/3622
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Summary:This paper analyzes firm growth patterns in South Asia, using establishment level data from an Interim Enterprise Survey. The survey was conducted by the World Bank in 2009 and 2010 and covers seven countries in the region. The first finding suggests that size in the base year gains importance for employment growth and firm age is statistically insignificant for growth. This contradicts the thought that young and small firms are the bearers of growth. Second, establishments in larger localities expanded faster, confirming the observation of urban centers as growth poles. Third, establishments in areas of severe conflict performed worse than establishments in other areas. Interestingly, the distribution of growth rates shows that both firm growth and fast-growing firms exist in conflict regions.