This work explores and compares some basic properties of corporate growth process at both aggregate manufacturing level … properties of firm growth dynamics are robust under disaggregation. We compare the results obtained with three different … autoregressive structure of the growth processes, there are also regularities which hold across all of them, such as the approximate …

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 …

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

size has an inverse-U pattern over time, uncorrelated with the level or the growth rate of value-added per worker. The … measure of static misallocation decreases modestly until 1983, consistent with the fast economic growth, but increases …We analyze the evolution of the plant size distribution, static allocative efficiency, and business dynamism of the …

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 …

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 …

-type growth process among incumbents with an exponential distribution of firm's age, to obtain the empirical Pareto distribution. …Recent work drawing on data for large and small firms has shown a Pareto distribution of firm size. We mix a Gibrat …

This paper examines the impact of floods on firms' capital accumulation, employment growth and productivity by using a … show higher growth of total assets and employment than firms in areas which did not face a flooding. This positive effect … is even more pronounced for companies with larger shares of intangible assets. Regarding the firms' productivity a …