Umeå Economic Studies, Department of Economics, Umeå University
No 575:
Dismissal of Employees in the Swedish Manufacturing Industry
Ronny Norén ()
Abstract: This paper examine the macroeconomic influence of the
numbers of employees who received notice of dismissal or lay off, in the
Swedish manufacturing industry over the period 1980-1994. Given the
assumption of fixed labour requirements after the installation of new
capital equipments, the statistics over the employees who received notice
of dismissal or lay off can be assumed to be closely related to
disinvestment. The obtained empirical results suggest that most of the
estimated variables is highly significant, both in size and magnitude. The
estimations also indicate a significant difference in response to the
development of some of the explanantory variables. These findings are
reflected in the structural adjustment process of the Swedish manufacturing
sector.
Keywords: Dissmissial of Employees; Disinvestment; Transformation; Structural Adjustment; Swedish Manufacturing Industry; (follow links to similar papers)
JEL-Codes: C13; J63; (follow links to similar papers)
18 pages, December 7, 2001
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