Although campsites are an important segment of the tourist sector, few applied articles have analyzed their growth path … to test the stricter version of Gibrat's Law, which consist of three parts: the campsites' growth trend, how they carry … analyzing the regional impacts of growth in this sector. With government statistics from the last decade, we use a GMM framework …

If business firms face a multiplicative growth process in which their growth rates are independent from their sizes … distribution of growth rates cannot be easily reconciled with a Pareto distribution of firm sizes. Recent contributions, using …

growth rates. First, our empirical analysis provides a new look at the international distributions of incomes and growth … rates by investigating more closely the relationship between the two entities and the statistical properties of the growth …

growth rates of business firms displays a remarkable double-exponential shape. A recent letter propose a possible connection … in subsequent time steps, and performing a qualitative asymptotic analysis, it is suggested that the implied growth rates … levels as stationary stochastic variables and neglects the integrated nature of the growth process. …

The paper investigates whether liquidity constraints affect firm size and growth dynamics using a large longitudinal … sample of Italian manufacturing firms. We run standard panel-data Gibrat regressions, suitably expanded to take into account … size, growth, age, and (scaled) cash flow distributions. Pooled data show that: (i) liquidity constraints engender a …

This work explores a number of properties investigated in the empirical literature on firm size and growth dynamics: (i …) the distribution and the autoregressive structure of firm size; (ii) the existence of size-growth scaling relationships …; (iii) the distribution and the autoregressive structure of scaling-free growth rates. The major novelty concerns our …

Gibrat's Law does not hold, i.e., the main finding is that firm growth decreases with firm size. However, almost all of these … obtained for a large sample of Dutch firms in the hospitality industry - we examine whether the assumption that growth rates … that growth rates are, in fact, independent of firm size in two business groups, while Gibrat's Law is rejected for the …

between different diversification strategies and farm performance (farm growth rates). The results of fixed- and random … products increases growth rates whereas the opposite applies for diversification into unrelated products. Initial farm size has … a significant and negative impact on the rate of growth which implies ßconvergence of farm sizes. …

firm growth, survival, size and age. While these studies have resulted in findings that aresufficiently consistent as to … therelationships between firm age and size on the one hand, and survival and growth on the other may, infact, not be the same in …. The resultssuggest that the most fundamental relationships between firm size, age, survival and growth arestrikingly …