The Firm Size Distribution and Inter-Industry Diversification
نویسندگان
چکیده
منابع مشابه
The firm size distribution and inter - industry diversification
We show that the stylized facts of the Firm Size Distribution (FSD) by age cohorts, as shown in Cabral and Mata (2003), bind within 4-digit manufacturing industries in the UK and Belgium. As in Klepper and Thompson (2006) and Sutton (1998), we explore whether time to build a portfolio of products is a mechanism that relates age to firm size. While inter industry diversification, to some extent,...
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This paper presents an oligopoly model of multiproduct firms in which firms are endowed with possibly different marginal cost and product quality, and choose product ranges before product market competition. Consistent with empirical evidence on a positive relationship between firm size and product diversification, the analysis suggests that firms with higher quality-cost margins typically have...
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ژورنال
عنوان ژورنال: Review of Industrial Organization
سال: 2010
ISSN: 0889-938X,1573-7160
DOI: 10.1007/s11151-010-9260-x