Oliveira, Blandina; Fortunato, Adelino - Grupo de Estudos Monetários e Financeiros (GEMF), … - 2005
Using a dynamic panel data model with serial correlation in the error term, the purpose of this paper is to examine if Gibrat’s law can be rejected for the services sector as it has been for manufacturing. The aim of this paper is also to improve the understanding of the empirical determinants...