Séminaire GREDEG - Jacob Holm (Aalborg University)

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"Destruction and Reallocation of Skills Following Large Company Closures"

15-09-2016 - 14h00 à 15h30 - Salle Picasso

Jacob Holm

(Aalborg University)

 

Jeudi 15 septembre 2016 

 

Résumé : This paper analyzes what happens to redundant skills and workers when large companies close down and whether their skills are destroyed or reallocated. The analysis is based on a combination of qualitative and quantitative data of the closure of four companies. Getting a job in a skill-related industry or moving to a spinoff firm leads to skill reallocation. Thus, the result depends on regional idiosyncrasies such as industry structure and urbanization. If local policy makers and the owners exert a coordinated effort, it is possible to create success stories of less skill destruction in urban as well as peripheral regions. 

 

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