منابع مشابه
The Dynamics of Firm Size Distribution*
The shape and evolution of firm size distribution has been studied in industrial organization and labor economics. The standard hypothesis of Gibrat’s law of proportionate effect posits that the rate of firm growth is size-independent. We test Gibrat’s law using a new empirical methodology and considering the underinvestigated Brazilian case. Quantile regression is used to estimate the evolutio...
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In this paper, we studies the distribution of firm size by using a model based on Sato’s paper in 1970, and proved the static distribution of firm size satisfies Pareto distribution in its upper tail.
متن کاملFirm Size Dynamics in the Aggregate Economy ∗
Why do firm growth and exit rates decline with size? What determines the size distribution of firms? This paper presents a theory of firm dynamics that simultaneously rationalizes the basic facts on firm growth, exit, and size distributions. The theory emphasizes the accumulation of industry specific factors in response to industry specific productivity shocks. The emphasis on the accumulation ...
متن کاملThe exponential age distribution and the Pareto firm size distribution
Recent work drawing on data for large and small firms has shown a Pareto distribution of firm size. We mix a Gibrat-type growth process among incumbents with an exponential distribution of firm’s age, to obtain the empirical Pareto distribution. JEL codes: L20, L25
متن کاملFirm size distribution in small samples
Sutton (1998) has recently proposed a theoretical lower bound to firm size inequality when a market is made of several independent submarkets. His results are valid asymptotically, as the number of submarkets becomes arbitrarily large. We show that, in small samples, his results can be interpreted as a positive relationship between an index of firm size inequality and the number of submarkets. ...
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ژورنال
عنوان ژورنال: Brazilian Review of Econometrics
سال: 2007
ISSN: 1980-2447
DOI: 10.12660/bre.v27n22007.1525