Organizational Form, Growth and Stability

  • Jonathan S. Leonard
Part of the Studies on the Modern Japanese Economy book series


Patterns of growth among establishments and firms are of central importance to questions of industrial organization and macroeconomics. Firms that gain efficiency or market power gain the opportunity to grow. The growth and decline of firms also means the creation and destruction of jobs, with consequent flows out of and into unemployment. Despite the important role establishment growth plays in both industrial organization and macroeconomic theories, it has rarely been subjected to systematic study. This chapter presents new empirical evidence of the nature and determinants of firm and establishment growth and stability.


Corporate Structure Small Establishment Skill Intensity Establishment Growth Persistent Shock 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Abraham, Katharine G. and Susan N. Houseman (1989) ‘Job Security and Work Force Adjustment: How Different are U.S. and Japanese Practices?’ Journal of the Japanese and International Economy, vol. 3, no. 4, pp. 500–21.CrossRefGoogle Scholar
  2. Davis, Steve (1987) ‘Allocative Disturbances and Specific Capital in Real Business Cycle Theories’, American Economic Review, vol. 77, no. 2, May, pp. 326–32.Google Scholar
  3. Dunne, Timothy, Mark Roberts and Larry Samuelson (1987) ‘Plant Failure and Employment Growth in the U.S. Manufacturing Sector’, Pennsylvania State University, unpublished.Google Scholar
  4. Evans, David S. (1987) ‘Tests of Alternative Theories of Firm Growth’, Journal of Political Economy, vol. 95, no. 4, August, pp. 657–74.CrossRefGoogle Scholar
  5. Hall, Bronwyn (1987) ‘The Relationship between Firm Size and Firm Growth in the U.S. Manufacturing Sector’, Journal of Industrial Organization, June.Google Scholar
  6. Hashimoto, Masanori (1990) The Japanese Labor Market in a Comparative Perspective with the United States, Kalamazoo, MI, W.E. Upjohn Institute.Google Scholar
  7. Hashimoto, Masanori and John Raisian (1985) ‘Employment, Tenure, and Earnings Profiles in Japan and the United States’, American Economic Review, vol. 75, September, pp. 721–35.Google Scholar
  8. Kumar, M.S. (1985) ‘Growth, Acquisition Activity and Firm Size: Evidence from the United Kingdom,’ Journal of Industrial Economics, vol. 33, pp. 327–38.CrossRefGoogle Scholar
  9. Kuwahara, Y. (1986) ‘Job Creation and Job Destruction Process in Japan’, unpublished paper.Google Scholar
  10. Leonard, Jonathan S. (1985) ‘On the Size Distribution of Establishments and Employment,’ University of California at Berkeley, unpublished.Google Scholar
  11. Leonard, Jonathan S. ‘Employment Variation and Wage Rigidity: A Comparison of Union and Non-Union Plants’, unpublished paper.Google Scholar
  12. Leonard, Jonathan S. ‘In the Wrong Place at the Wrong Time: The Extent of Frictional and Structural Employment’, in K. Lang and J. Leonard (eds), Unemployment and the Structure of Labor Markets Oxford: Basil Blackwell.Google Scholar
  13. Leonard, Jonathan S. ‘Firm and Establishment Growth and Stability’, unpublished paper.Google Scholar
  14. Leonard, Jonathan and R. Schettkat (1991) ‘A Comparison of Job Stability in Germany and the USA’, Labour, vol. 5, no. 2, pp. 143–57.CrossRefGoogle Scholar
  15. Mincer, Jacob and Yoshio Higuchi (1988) ‘Wage Structures and Labor Turnover in the United States and Japan’, Journal of the Japanese and Institutional Economies, vol. 2, June, pp. 97–133.CrossRefGoogle Scholar
  16. Oi, Walter (1962) ‘Labor as a Quasi-Fixed Factor’, Journal of Political Economy, vol. 70, no. 6, pp. 538–55.CrossRefGoogle Scholar
  17. Organization for Economic Cooperation and Development (OECD) (1987) Employment Outlook chapter 4, September.Google Scholar
  18. Shimado, Haruo (1984) ‘Employment Adjustment and Employment Policies: Japanese Experience’, Keio University, unpublished, October.Google Scholar
  19. Tachibanaki, Toshiaki (1984) ‘Labor Mobility and Job Tenure’, in M. Aoki, (ed.), The Economic Analysis of the Japanese Firm, Amsterdam, North-Holland.Google Scholar
  20. Tachibanaki, Toshiaki (1987) ‘Labour Market Flexibility in Japan in Comparison with Europe and the U.S.’, European Economic Review, vol. 31, pp. 647–84; reprinted (1992) in G. de Mérul and R.J. Gordon (eds), International Volatility and Economic Growth, Amsterdam, North-Holland.Google Scholar

Copyright information

© Toshiaki Tachibanaki 1994

Authors and Affiliations

  • Jonathan S. Leonard

There are no affiliations available

Personalised recommendations