To identify the determinants of firm growth within the Swedish retail – and wholesale trade industries during the period 1998- 2004, we analyze a sample of 400 limited companies using quantile regression techniques. Our results indicate that firm growth mainly can be explained by...

Gibrat’s Law predicts that firm growth is a purely random effect and therefore should be independent of firm size. The purpose of this paper is to test Gibrat’s law within the retail industry, using a novel data-set comprising all Swedish limited liability companies active at some point...

The increase and expansion of out-of-town shopping centres is often criticized for out-competing retail business within city centres. City retailers’ own perceptions of competition within and between retail districts are here analyzed via choice experiments in the city of Gävle, Sweden....

To identify the determinants of firm growth in the Swedish retail and wholesale industries during 2000-2004, we analyse a sample of 400 limited liability companies using quantile regression techniques. Firm growth was mainly found to depend upon time-invariant firm-specific effects, supporting...