TY - JOUR AU - Neumark,David AU - Zhang,Junfu AU - Wall,Brandon TI - Employment Dynamics and Business Relocation: New Evidence from the National Establishment Time Series JF - National Bureau of Economic Research Working Paper Series VL - No. 11647 PY - 2005 Y2 - October 2005 UR - http://www.nber.org/papers/w11647 L1 - http://www.nber.org/papers/w11647.pdf N1 - Author contact info: David Neumark Department of Economics University of California at Irvine 3151 Social Science Plaza Irvine, CA 92697 Tel: 949-824-8496 Fax: 949/824-2182 E-Mail: dneumark@uci.edu Junfu Zhang Department of Economics Clark University Worcester, MA 01610 Tel: 508-793-7247 E-Mail: juzhang@clarku.edu Brandon Wall Public Policy Institute of California E-Mail: wall@ppic.org M2 - featured in NBER digest on 2005-10-03 AB - We analyze and assess new evidence on employment dynamics from a new data source %uF818 the National Establishment Time Series (NETS). The NETS offers advantages over existing data sources for studying employment dynamics, including tracking business establishment relocations that can contribute to job creation or destruction on a regional level. Our primary purpose in this paper is to assess the reliability of the NETS data along a number of dimensions, and we conclude that it is a reliable data source although not without limitations. We also illustrate the usefulness of the NETS data by reporting, for California, a full decomposition of employment change into its six constituent processes, including job creation and destruction stemming from business relocation, which has figured prominently in policy debates but on which there has been no systematic evidence. ER -