TY  - JOUR
AU  - Davis,Steven J.
AU  - Haltiwanger,John
AU  - Schuh,Scott
TI  - Small Business and Job Creation: Dissecting the Myth and Reassessing theFacts
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 4492
PY  - 1993
Y2  - October 1993
UR  - http://www.nber.org/papers/w4492
L1  - http://www.nber.org/papers/w4492.pdf
N1  - Author contact info:
Steven J. Davis
Booth School of Business
The University of Chicago
5807 South Woodlawn Avenue
Chicago, IL 60637
Tel: 773/702-7312
Fax: 773/834-0733
E-Mail: Steven.Davis@ChicagoBooth.edu

John C. Haltiwanger
Department of Economics
University of Maryland
College Park, MD 20742
Tel: 301/405-3504
Fax: 301/405-3542
E-Mail: haltiwan@econ.umd.edu

Scott Schuh
Federal Reserve Bank of Boston
600 Atlantic Avenue, T-9
Boston, MA  02210
Tel: 617-973-3941
Fax: 617-619-7541
E-Mail: Scott.Schuh@bos.frb.org
M2  - featured in NBER digest on 1994-05-01
AB  - This paper investigates how job creation and destruction behavior varies by employer size in the U.S. manufacturing sector during the period 1972 to 1988.  The paper also evaluates the empirical basis for conventional claims about the job-creating prowess of small businesses.  The chief findings and conclusions fall into five categories: (1) Conventional wisdom about the job-creating prowess of small businesses rests on misleading        interpretations of the data. (2) Many previous studies of the job creation process rely upon data that are not suitable for        drawing inferences about the relationship between employer size and job creation. (3) Large plants and firms account for most newly-created and newly- destroyed manufacturing        jobs. (4) Survival rates for new and existing manufacturing jobs increase sharply with employer size. (5) Smaller manufacturing firms and plants exhibit sharply higher gross rates of job creation        but not higher net rates.
ER  -