contact: nadim.ahmad@oecd
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OECD WORKSHOP ON THE MEASUREMENT OF HIGH-GROWTH ENTERPRISES SYNTHESIS OF COUNTRY RETURNS Paris November 19, 2007. Contact: [email protected]. 8 countries. Can, Dnk, Fin, Ita, Ltv, Spa, Swe and USA. Providing a variety of information. Thresholds. - PowerPoint PPT PresentationTRANSCRIPT
OECD WORKSHOP ON THE MEASUREMENT OF HIGH-GROWTH ENTERPRISES
SYNTHESIS OF COUNTRY RETURNS
Paris November 19, 2007
Contact: [email protected]
8 countries
• Can, Dnk, Fin, Ita, Ltv, Spa, Swe and
USA.
• Providing a variety of information
Figure 1: High Growth Rates - Employment, % of all enterprises with 10 or more employees
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
Canada Denmark Finland Italy Latvia Spain Sweden US BLS
15%
20%
25%
30%
40%
Figure 2: High Growth Rates - Turnover, % of all enterprises with 10 or more employees
0.0
5.0
10.0
15.0
20.0
25.0
Canada Denmark Finland Italy Latvia Sweden
15%
20%
25%
30%
40%
Figure 3: Gazelles - Employment, % of all enterprises with 10 or more employees
0.0
1.0
2.0
3.0
4.0
5.0
6.0
Canada Denmark Finland Sweden US BLS US Census Italy Latvia Spain
15%
20%
25%
30%
40%
5 years or less at the beginning of the 3 year period
5 years or less at the end of the 3 year period
Figure 4: Gazelles - Turnover, % of all enterprises with 10 or more employees
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
Denmark Italy Latvia Sweden
15%
20%
25%
30%
40%
5 years or less at the beginning of the reporting period
5 years or less at the end of the reporting period
Thresholds• Core rates provide for good relevant percentages 3-5%
HG, 1-2% Gazelles (5 at beginning) or 0.5-1%( 5 at
end). Higher thresholds = increase in non-disclosure
Denmark Finland Latvia Spain Sweden
Growth Threshold
non-disclosive
cells HG rate
Non-disclosive
cells HG rate
non-disclosive
cells HG rate
non-disclosive
cells HG rate
non-disclosive
cells HG rate
15% 11 5.0 5 8.1 20% 6 3.3 12 3.0 22 4.6 5 5.0 12 4.0 25% 19 1.9 5 3.2 30% 23 1.3 6 2.2 40% 31 0.7 6 1.2
Denmark Latvia Spain Sweden
Growth Threshold
non-disclosive
Gaz rate
Non-disclosive
Gaz rate
non-disclosive
Gaz rate
non-disclosive
Gaz rate
15% 7 1.2 20% 20 1.3 42 0.9 8 0.9 18 1.8 25% 10 0.6 30% 11 0.5 40% 13 0.3
Turnover and Employment • Higher figures for turnover, about twice but relatively
good correlation in high-growth sectors
Denmark 2000-03
R² = 0.793
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0
High growth rate - employment
Hig
h gr
owth
rat
e - t
urno
ver
Size thresholdTable 4: High-Growth rates broken down by size class –
Denominator = all enterprises with 10 or more employees Employment Turnover
Size threshold Denmark Canada Spain Sweden Denmark Canada Sweden 1+ 45.7 80.7 73.7 44.6 89.8 2+ 19.1 31.2 27.8 27.4 38.6 5+ 7.0 12.7 11.1 9.5 13.0 25.6 15.7 10+ 3.3 5.9 5.0 4.0 6.6 10.7 7.4 15+ 2.2 3.2 2.4 4.4 4.7 20+ 1.6 2.5 2.2 1.7 3.1 4.3 3.3 50+ 0.6 1.2 100+ 0.2 0.3
Recommendations• Continue with current definitions – including gazelles 5
or less at end of reporting period
• Clarify position on denominator (population of survivors
at end of reporting period).
• Complementary measure for gazelles, reflecting all
enterprises 5 or less with 17+ employees.
Issues for discussion• Happy with the recommendations?
• Should gazelles refer to 5 at the end or the beginning?
• Target measures - with or without mergers etc?
• Denominators – population of survivors? Or population
at beginning of reporting period – (bearing in mind the
complications that classification changes cause).
• Enterprise versus Establishment?