Discussion paper

DP912 Job Creation and Job Destruction in Britain: 1980-90

This paper characterizes the processes of job creation and job destruction (JC&D) in Britain, and provides more `stylized facts' to hold up against models of JC&D. The analysis is based on three large cross-sections of continuing plants in Britain. The issues examined include the diversity of employment growth rates and the correspondingly substantial JC&D rates. We show that both job creation and destruction are extremely concentrated. The top decile of job creators seem to be made up of large firms growing moderately and medium-sized firms growing rapidly.


Blanchflower, D and S Burgess (1994), ‘DP912 Job Creation and Job Destruction in Britain: 1980-90‘, CEPR Discussion Paper No. 912. CEPR Press, Paris & London. https://cepr.org/publications/dp912