We present a preferential attachment growth model to obtain the distribution P(K) of number of units K in the classes …, the distribution P(K) is exponential. Using analytical form of P(K) and assuming proportional growth for units, we derive … P(g), the distribution of business firm growth rates. The model predicts that P(g) has a Laplacian cusp in the central …

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 …

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 …

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 …

-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 …

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 …

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 …