The purpose of this paper is to use panel unit root tests to see if Gibrat’s law holds in Turkey. Gibrat's Law establishes that firm growth is a random walk, it means that the probability of a given proportional change in size during a specified period is the same for all firms in a given industry. In this paper, it is examined Gibrat law in Turkey empirically by using Chen & Lu (2003) methodology and use the panel unit root method to investigate the relation between firm size and firm growth. Since it has been observed that many panel unit root tests are invalid when cross-section correlation problem and also finds that conclusion is not the same
Gibrat's law predicts that firm growth is purely random and should be independent of firm size. We u...
Three panel unit root tests are applied to a 31-year firm size, growth and profit rate data set for ...
Using both regression analysis and an unsupervised graphical model approach (never applied before to...
The purpose of this paper is to use panel unit root tests to see if Gibrat’s law holds in Turkey. Gi...
The purpose of this paper is to use panel unit root tests to see if Gibrat’s law holds in Turkey. Gi...
This paper investigates Gibrat’s law by using a panel unit root test, as a panel unit root can incre...
In this study, the validity of the Gibrat's Law, i.e. the Law of the Proportionate Effect, is tested...
[[abstract]]In this study, the newly-developed Panel SURADF tests advanced by Breuer et al. (2001) a...
If the population of a given country evolves according to Gibrat'�s Law, its growth rate will be ind...
AbstractGibrat's Law or law of proportionate effect (1931) suggested that the growth of the firm is ...
Using transition matrices, in this paper we have shown that Gibrat’s Law is rejected for manufacturi...
Gibrat’s Law, or the Law of Proportionate Effect (LPE), presupposes that the growth rate of a given ...
The purpose of the article is to investigate whether the profitability of firms affects the validity...
According to Gibrat’s Law of Proportionate Effect, the growth rate of a given firm is independent of...
According to Gibrat’s Law of Proportionate Effect, the growth rate of a given firm is independent of...
Gibrat's law predicts that firm growth is purely random and should be independent of firm size. We u...
Three panel unit root tests are applied to a 31-year firm size, growth and profit rate data set for ...
Using both regression analysis and an unsupervised graphical model approach (never applied before to...
The purpose of this paper is to use panel unit root tests to see if Gibrat’s law holds in Turkey. Gi...
The purpose of this paper is to use panel unit root tests to see if Gibrat’s law holds in Turkey. Gi...
This paper investigates Gibrat’s law by using a panel unit root test, as a panel unit root can incre...
In this study, the validity of the Gibrat's Law, i.e. the Law of the Proportionate Effect, is tested...
[[abstract]]In this study, the newly-developed Panel SURADF tests advanced by Breuer et al. (2001) a...
If the population of a given country evolves according to Gibrat'�s Law, its growth rate will be ind...
AbstractGibrat's Law or law of proportionate effect (1931) suggested that the growth of the firm is ...
Using transition matrices, in this paper we have shown that Gibrat’s Law is rejected for manufacturi...
Gibrat’s Law, or the Law of Proportionate Effect (LPE), presupposes that the growth rate of a given ...
The purpose of the article is to investigate whether the profitability of firms affects the validity...
According to Gibrat’s Law of Proportionate Effect, the growth rate of a given firm is independent of...
According to Gibrat’s Law of Proportionate Effect, the growth rate of a given firm is independent of...
Gibrat's law predicts that firm growth is purely random and should be independent of firm size. We u...
Three panel unit root tests are applied to a 31-year firm size, growth and profit rate data set for ...
Using both regression analysis and an unsupervised graphical model approach (never applied before to...