Hutchinson, John; Konings, Jozef; Walsh, Patrick Paul - 2009
We show that the stylized facts of the Firm Size Distribution (FSD) by age cohorts, as shown in Cabral and Mata (2003 … explore whether time to build a portfolio of products is a mechanism that relates age to firm size. While inter industry … diversification, to some extent, accounts for the role of age, we find that the presence of economies of scope has a separate impact …