Lotti, Francesca; Vivarelli, Marco; Santarelli, Enrico - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
According to Gibrat' Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the … taking account of both the entry process and the role of survival/failure in reshaping a given population of firms over time …. It does so by focusing on the entire population of firms (including newborn ones) in the Italian Radio, TV …