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STRUCTURAL CHANGE, COMPETITION AND JOB TURNOVER IN THE SWEDISH MANUFACTURING INDUSTRY 1964-96

The rate of inter-industry job turnover in Swedish manufacturing seems to be driven by the dispersion of profit changes among industries. Shifts in international competitiveness among industries played a central role for explaining this pattern. The rate of intra-industry job turnover among plants has been higher in industries with many small plants, low profit margins and high import penetration.