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French butchers don't do quantum physics

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  • Manas, Arnaud

Abstract

The distribution of growth rates of the monthly sales of French butchers appears to be a Normal-Laplace mixture. Quantum physics mechanisms do not seem to be relevant here while a simple model provides an explanation for some unnoticed features.

Suggested Citation

  • Manas, Arnaud, 2009. "French butchers don't do quantum physics," Economics Letters, Elsevier, vol. 103(2), pages 101-106, May.
    • Handle: RePEc:eee:ecolet:v:103:y:2009:i:2:p:101-106
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    References listed on IDEAS

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    1. John Sutton, 1997. "Gibrat's Legacy," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 40-59, March.
    2. Sutton, John, 2002. "The variance of firm growth rates: the ‘scaling’ puzzle," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 312(3), pages 577-590.
    3. Bottazzi, Giulio & Secchi, Angelo, 2003. "A stochastic model of firm growth," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 324(1), pages 213-219.
    4. Castaldi, Carolina & Sapio, Sandro, 2006. "The Properties of Sectoral Growth: Evidence from Four Large European Economies," GGDC Research Memorandum GD-88, Groningen Growth and Development Centre, University of Groningen.
    5. G. Fagiolo & M. Napoletano & A. Roventini, 2007. "How do output growth-rate distributions look like? Some cross-country, time-series evidence," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 57(2), pages 205-211, May.
    6. Bottazzi, Giulio & Secchi, Angelo, 2003. "Why are distributions of firm growth rates tent-shaped?," Economics Letters, Elsevier, vol. 80(3), pages 415-420, September.
    7. repec:dgr:rugggd:gd-88 is not listed on IDEAS
    8. Giorgio Fagiolo & Mauro Napoletano & Andrea Roventini, 2006. "How Do Output Growth Rate Distributions Look Like? Some Time-Series Evidence on OECD Countries," Papers physics/0607180, arXiv.org.
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    Cited by:

    1. Puente-Ajovin, Miguel & Ramos, Arturo, 2015. "An improvement over the normal distribution for log-growth rates of city sizes: Empirical evidence for France, Germany, Italy and Spain," MPRA Paper 67471, University Library of Munich, Germany.
    2. Williams, Michael A. & Pinto, Brijesh P. & Park, David, 2015. "Global evidence on the distribution of firm growth rates," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 432(C), pages 102-107.
    3. Arturo Ramos, 2017. "Are the log-growth rates of city sizes distributed normally? Empirical evidence for the USA," Empirical Economics, Springer, vol. 53(3), pages 1109-1123, November.
    4. Manas, Arnaud, 2012. "The Laplace illusion," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(15), pages 3963-3970.

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