Business Dynamics Statistics JAVIER MIRANDA Center for Economic Studies US Census Bureau NJSDC June 2, 2009. Background. Business dynamics are a fundamental part of Innovation Productivity Growth Job Creation - PowerPoint PPT Presentation
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Business Dynamics Statistics
JAVIER MIRANDACenter for Economic Studies US Census Bureau
NJSDCJune 2, 2009
BackgroundBusiness dynamics are a fundamental part of
InnovationProductivity GrowthJob CreationMeasuring business
dynamics in official statistics is relatively new, but critical to
our understanding of the economy
Remarks By Federal Reserve Chairman Ben BernankeOne leading
explanation for the strong U.S. productivity growth is that labor
markets in the United States tend to be more flexible and
competitive, market characteristics that have allowed the United
States to realize greater economic benefits from new technologies.
For example, taking full advantage of new information and
communication technologies may require extensive reorganization of
work practices, the reassignment and retraining of workers, and
ultimately some reallocation of labor among firms and
industries
August 31, 2006
BackgroundConfidential Micro Datasets RDC NetworkPublic Use
Datasets a way to open access to wider set of
usersCensus-SUSBBLS-BED OECD-SBSNone of these incorporate business
age in a systematic way. Critical to understanding
EntrepreneurshipThe role of young/small old/large producers in
dynamic economic processes.
The BDSNew Census public use files (support from Kauffman
Foundation)Coverage 1976-2005CBP UniverseEstablishment level with
firm characteristicsFocus on both business and employment
dynamicsComparison to CBPValue added from links and longitudinal
analysisUnique FeaturesLong Time SeriesFirm and Establishment
AgeInteractions with Firm and Establishment Size
The BDSStatisticsEstablishment Births, Deaths and ContinuersJob
creation From births and expansionsJob destruction From deaths and
contractionsExcess Job ReallocationBy categoriesFirm AgeFirm
SizeStateIndustrial SectorState*Sector*Age
The BDSOther tables plannedCounty (most
requested)NAICSEstablishment Age .
We want feedback as to what is useful to youSurvival?Firm?
The BDS Website
The BDS: Multiple Databases
The BDS: Economy Wide
The BDS: State Statistics
The BDS: Startups and Age
The BDS: Entrepreneurial Activity Across States
The BDS: Jobs Created from Business Startups in the U.S.
The BDS: High Growth and Failure of Young Firms
SummaryNew research data set Easily accessibleRich source of
information to examineBusiness demography Creative
destruction/innovationBusiness cycle dynamicsRole of cohorts,
young/small vs large/oldLabor market dynamics
SummaryState AnalysisExtensions to County and NAICS
