While Gibrat's Law assumes that growth rate variance is independent of size, empirical work has usually found a negative relationship between growth rate variance and firm growth. Using data on French manufacturing firms, we observe a relatively low, but statistically significant, negative relationship between firm size and growth rate variance. Furthermore, we observe that growth rate variance does not decrease monotonically the more plants a firm possesses, which is at odds with a number of theoretical model
This paper presents a dynamic model of the firm size distribution. Empirical studies of the firm siz...
This paper proposes a general framework to account for the divergent results in the empirical litera...
According to Gibrat’s Law of Proportionate Effect, the growth rate of a given firm is independent ...
While Gibrat's Law assumes that growth rate variance is independent of size, empirical work has usua...
While Gibrat's Law assumes that growth rate variance is independent of size, empirical work has usua...
Gibrat’s Law of proportionate effect, as applied to firms, states that the growth rate of a firm is ...
The relationship between the size and the variance of firm growth rates is known to follow an approx...
This paper discusses the effects of the existence of natural and/or exogenously imposed thresholds i...
This paper discusses the effects of the existence of natural and/or exogenously imposed thresholds i...
The purpose of this empirical study is to investigate whether the growth process of firms is best ex...
This paper explores the firm growth rate distribution in a Gibrat’s Law context. The aim is to provi...
Three panel unit root tests are applied to a 31-year firm size, growth and profit rate data set for ...
Under the stochastic process known as Gibrat's Law firm growth follows a random walk with no persist...
We aim at testing Gibrat's Law, a building block of the corporate growth dynamics. Using a Bayesian ...
textabstractSeveral surveys on intra-industry dynamics have recently reached the conclusion from a l...
This paper presents a dynamic model of the firm size distribution. Empirical studies of the firm siz...
This paper proposes a general framework to account for the divergent results in the empirical litera...
According to Gibrat’s Law of Proportionate Effect, the growth rate of a given firm is independent ...
While Gibrat's Law assumes that growth rate variance is independent of size, empirical work has usua...
While Gibrat's Law assumes that growth rate variance is independent of size, empirical work has usua...
Gibrat’s Law of proportionate effect, as applied to firms, states that the growth rate of a firm is ...
The relationship between the size and the variance of firm growth rates is known to follow an approx...
This paper discusses the effects of the existence of natural and/or exogenously imposed thresholds i...
This paper discusses the effects of the existence of natural and/or exogenously imposed thresholds i...
The purpose of this empirical study is to investigate whether the growth process of firms is best ex...
This paper explores the firm growth rate distribution in a Gibrat’s Law context. The aim is to provi...
Three panel unit root tests are applied to a 31-year firm size, growth and profit rate data set for ...
Under the stochastic process known as Gibrat's Law firm growth follows a random walk with no persist...
We aim at testing Gibrat's Law, a building block of the corporate growth dynamics. Using a Bayesian ...
textabstractSeveral surveys on intra-industry dynamics have recently reached the conclusion from a l...
This paper presents a dynamic model of the firm size distribution. Empirical studies of the firm siz...
This paper proposes a general framework to account for the divergent results in the empirical litera...
According to Gibrat’s Law of Proportionate Effect, the growth rate of a given firm is independent ...