This paper presents an analytic procedure for the value added to different production levels with different policy options. The approach is stochastic and thus provides a framework for informed decision-making on productivity growth under uncertainty conditions. The model was applied to data collected from a firm and re-sults recommend that the firm should redevelop if in diversification and sy...

The field of modern biotechnology is thought to have largely begun in 1980, when the United States Supreme Court ruled that a genetically-modified microorganism could be patented. The growth of the Biotechnology industry has stimulated extensive research on its determinants. One of the areas which has attracted a fair amount of attention is the distribution of firm size within an industry. What...

the study examines the relationship between the size of firms and their growth in iranian food and beverages industries. the study utilizes iranian industrial data, classified on the base of isic with 4-digit code. the study evaluates the validity of gibrat's law in the selected firms. the validity of the law has been examined by two methods. first, the panel analysis is applied and second...

We use laboratory experiments to examine the effect of firm size asymmetry on price leadership in a capacity constrained duopoly. The unique subgame perfect equilibrium of our duopoly game predicts that the large firm is the price leader. In the experiment, although price leadership by the large firm is frequently observed, behavior deviates significantly from the model’s prediction. Both small...

Empirical studies have shown that the size distribution of firms can be described as a lognormal or Pareto distribution. However, these studies have focused on developed countries and little attention has been devoted to developing countries. Using the variable of number of employees as a measure of firm size, this paper investigates the shape of firm size distribution in the food & beverages i...

Purpose : When conducting their business, insurers face various risks that are controlled for in order to mitigate them and protect the insured, inter alia . Moreover, being aware of factors determine reward-to-risk ratio is also crucial importance. Thus, aim this research identify potential influence risk-adjusted returns life insurance companies. Methodology The analysis conducted on a sample...