the opposite is true when we allow for market selection. Indeed, the growth behavior of the re-shaped (smaller) population … confirm the rejection of the Gibrat's law when our firm-level data are considered over the entire investigated period, while … of the survived most efficient firms is in line with the Law of Proportionate Effect; this evidence reconciles early and …

growth rates of business firms displays a remarkable double-exponential shape. A recent letter propose a possible connection … levels as stationary stochastic variables and neglects the integrated nature of the growth process. …Since the seminal work of Pareto, many empirical analyses suggested that the distribution of firms size is …

level. The combination of matching methods together with a bi-directional identification strategy allows me to account for …

The qualifying aspect of the ongoing changes in firm growth processes seems to be the increased heterogeneity of size … all of them. Growth appear to be an asymmetric phenomenon, involving selectively but not casually a subgroup of firms. In … the present paper it is hypothesized that growth stems from the asymmetric distribution of internalized resources (both …

Several papers have shown that France has a lower share of firms with more than 50 employees than other developed … at 10, 20 and 50 employees could explain part of this phenomenon. For instance, firms with more than 50 employees have … discourage SMEs from growing over the threshold of 50 employees. For this reason, the French government has decided (law of …