There are some markets where the growth of firms are held to be subject to diminishing returns, or negative feedbacks …; and there are other markets where firm growth is believed to be subject to increasing returns, or positive feedbacks. A … equality of size shares in the former. It would be useful to draw inferences about the nature of the feedback process from …

We introduce a model of proportional growth to explain the distribution P(g) of business firm growth rates. The model … = 3. Because of data limitations, previous studies in this field have been focusing exclusively on the Laplace shape of … the body of the distribution. We test the model at different levels of aggregation in the economy, from products, to firms …

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 …

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 …

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 …

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 …

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

We present a model of endogenous firm growth with R&D investment and innovation as the engine of growth. The objective …-tech industries. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth … literature, but also on the literature on patent races and the discrete choice models of product differentiation. We examine to …

-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 …