workplace closure, employment growth, human capital, sunk costs

Publication date: 11 Jan 2011 | Publication type: Journal article/book/chapter | Theme: Employment & Social policy | Authors: Bryson, A | External authors: Nurmi, S. | JEL classification: J21, J23 | Journal: Cambridge Journal of Economics No. 1 Vol. 35
We explore factors affecting workplace survival and growth using nationally representative panel data for the British private sector. We address five policy-relevant questions. First, are young workplaces more vulnerable to closure and low growth than older Ôlike' workplaces? Second, are stand...