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Plant Turnover and Gross Employment Flows in the U.S. Manufacturing Sector
Abstract
This article quantifies the role of plant construction, expansion, contraction, and closing in generating net and gross changes in U.S. manufacturing employment over the 1963-82 period. A new longitudinal data set, constructed from the plant-level observations collected in the last five Census of Manufactures, is utilized. The reallocation of employment opportunities across and within sectoral, regional, and cohort boundaries is measured. Over 70% of the turnover in employment opportunities occurs across plants within the same two-digit industry and geographic region. Systematic differences in the employment fluctuations of plants of different ages are also found.
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Citations
Cited by
Entry, Exit, and firm Dynamics in Long Run Equilibrium
Hopenhayn, H. A. (1992) · Econometrica · doi:10.2307/2951541 · Cited by 2,857
Looking into the Black Box: A Survey of the Matching Function
Petrongolo, B., & Pissarides, C. A. (2001) · Journal of Economic Literature · doi:10.1257/jel.39.2.390 · Cited by 2,384
Patterns of Firm Entry and Exit in U.S. Manufacturing Industries
Dunne, T., Roberts, M. J., & Samuelson, L. (1988) · The RAND Journal of Economics · doi:10.2307/2555454 · Cited by 1,651
Self-citationGreenstone, M. (2002) · Journal of Political Economy · doi:10.1086/342808 · Cited by 1,122
Multiple-Product Firms and Product Switching
Bernard, A. B., Redding, S. J., & Schott, P. K. (2010) · American Economic Review · doi:10.1257/aer.100.1.70 · Cited by 904
Metadata
- Authors
- Dunne, T., Roberts, M. J., & Samuelson, L.
- Venue
- Journal of Labor Economics
- Publisher
- University of Chicago Press
- Published
- 1989-01
- Volume
- 7
- Issue
- 1
- Pages
- 48-71
- ISSN
- 0734-306X (ISSN-L)
- 1537-5307
- OpenAlex
- W2133305303
- Cited by
- 287
- References
- 0
- FWCI
- 14.49
- Type
- journal article
- Language
- en
- Open access
- closed
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- Dunne, T., Roberts, M. J., & Samuelson, L. (1989). Plant Turnover and Gross Employment Flows in the U.S. Manufacturing Sector. Journal of Labor Economics. https://doi.org/10.1086/298198
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