Guerzoni, Marco; Riso, Luigi; Vivarelli, Marco - In: Small Business Economics 64 (2024) 2, pp. 475-488
Using both regression analysis and an unsupervised graphical model approach (never applied before to this issue), we confirm the rejection of Gibrat’s Law (stating that a firm’s growth is independent of that firm’s initial size) when our firm-level data are considered over the entire...