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Persistent link: https://www.econbiz.de/10010543918
We use a panel of Italian manufacturing firms for the period 2001-2014 to analyse the distribution of firm size, and then test for the validity of Gibrat's law using unit root tests. Although Gibrat's Law is rejected and the estimates suggest that small firms grow faster than larger ones, we do...
Persistent link: https://www.econbiz.de/10014114579
Persistent link: https://www.econbiz.de/10013347743
The autodependogram is a graphical device recently proposed in the literature to analyze autodependencies. This paper proposes a normalization of this diagram taking into consideration the concept of reproducibility probability (RP). The result is a novel tool, named RP-autodependogram, which...
Persistent link: https://www.econbiz.de/10010759617