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Gibrat’s law and the learning process

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  • Mercedes Teruel-Carrizosa

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File URL: http://hdl.handle.net/10.1007/s11187-008-9127-9
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Bibliographic Info

Article provided by Springer in its journal Small Business Economics.

Volume (Year): 34 (2010)
Issue (Month): 4 (May)
Pages: 355-373

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Handle: RePEc:kap:sbusec:v:34:y:2010:i:4:p:355-373

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Web page: http://www.springerlink.com/link.asp?id=100338

Related research

Keywords: L11; L80; L26; Firm growth; Gibrat’s law; Service industries;

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References

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  1. Fotopoulos, Georgios & Louri-Dendrinou, Eleni, 2002. "Corporate Growth and FDI: Are Multinationals Stimulating Local Industrial Development?," CEPR Discussion Papers 3128, C.E.P.R. Discussion Papers.
  2. E. Santarelli & M. Vivarelli, 2000. "Is Subsidizing Entry An Optimal Policy?," Working Papers 378, Dipartimento Scienze Economiche, Universita' di Bologna.
  3. Hyytinen, Ari & Toivanen, Otto, 2003. "Do Financial Constraints Hold Back Innovation and Growth? Evidence on the Role of Public Policy," Discussion Papers 820, The Research Institute of the Finnish Economy.
  4. Jovanovic, Boyan, 1982. "Selection and the Evolution of Industry," Econometrica, Econometric Society, vol. 50(3), pages 649-70, May.
  5. I. Pena, 2004. "Business Incubation Centers and New Firm Growth in the Basque Country," Small Business Economics, Springer, vol. 22(3_4), pages 223-236, 04.
  6. D.B. Audretsch & M.A. Carree & A.J. van Stel & A.R. Thurik, 2000. "Impeded Industrial Restructuring: The Growth Penalty," Tinbergen Institute Discussion Papers 00-095/3, Tinbergen Institute.
  7. Hausman, Jerry A, 1978. "Specification Tests in Econometrics," Econometrica, Econometric Society, vol. 46(6), pages 1251-71, November.
  8. Ariel Pakes & Richard Ericson, 1989. "Empirical Implications of Alternative Models of Firm Dynamics," NBER Working Papers 2893, National Bureau of Economic Research, Inc.
  9. Juan R. Cuadrado-Roura & Antonio Garcia-Tabuenca, 2004. "ICT policies for SMEs and regional disparities. The Spanish case," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 16(1), pages 55-75, January.
  10. Francesca Lotti & Enrico Santarelli & Marco Vivarelli, 2001. "The relationship between size and growth: the case of Italian newborn firms," Applied Economics Letters, Taylor & Francis Journals, vol. 8(7), pages 451-454.
  11. Audretsch, David B & Mahmood, Talat, 1994. "Firm Selection and Industry Evolution: The Post-entry Performance of New Firms," Journal of Evolutionary Economics, Springer, vol. 4(3), pages 243-60, September.
  12. Manuel Arellano & Olympia Bover, 1990. "La econometría de datos de panel," Investigaciones Economicas, Fundación SEPI, vol. 14(1), pages 3-45, January.
  13. Geroski, P. A., 1995. "What do we know about entry?," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 421-440, December.
  14. Roy Thurik & Enrico Santarelli & David Audretsch & Luuk Klomp, 2002. "Gibrat's Law: Are the Services Different?," Scales Research Reports H200201, EIM Business and Policy Research.
  15. Das, Sanghamitra, 1995. "Size, age and firm growth in an infant industry: The computer hardware industry in India," International Journal of Industrial Organization, Elsevier, vol. 13(1), pages 111-126, March.
  16. Georgios Fotopoulos & Helen Louri, 2004. "Firm Growth and FDI: Are Multinationals Stimulating Local Industrial Development?," Journal of Industry, Competition and Trade, Springer, vol. 4(3), pages 163-189, 09.
  17. Evans, David S, 1987. "Tests of Alternative Theories of Firm Growth," Journal of Political Economy, University of Chicago Press, vol. 95(4), pages 657-74, August.
  18. Storey, D. J. & Tether, B. S., 1998. "Public policy measures to support new technology-based firms in the European Union," Research Policy, Elsevier, vol. 26(9), pages 1037-1057, April.
  19. Singh, Ajit & Whittington, Geoffrey, 1975. "The Size and Growth of Firms," MPRA Paper 51715, University Library of Munich, Germany.
  20. Hart, Peter E & Oulton, Nicholas, 1996. "Growth and Size of Firms," Economic Journal, Royal Economic Society, vol. 106(438), pages 1242-52, September.
  21. Agiomirgianakis, G. & Asteriou, D., 2003. "The Determinants of Small Firm Growth in the Greek Manufacturing Sector," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 18, pages 817-836.
  22. David B. Audretsch & A. Roy Thurik, 2000. "Capitalism and democracy in the 21st Century: from the managed to the entrepreneurial economy," Journal of Evolutionary Economics, Springer, vol. 10(1), pages 17-34.
  23. José Fariñas & Lourdes Moreno, 2000. "Firms' Growth, Size and Age: A Nonparametric Approach," Review of Industrial Organization, Springer, vol. 17(3), pages 249-265, November.
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Citations

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Cited by:
  1. Alex Coad & Agustí Segarra & Mercedes Teruel, 2010. "Like milk or wine: Does firm performance improve with age?," Working Papers XREAP2010-10, Xarxa de Referència en Economia Aplicada (XREAP), revised Sep 2010.
  2. Backman, Mikaela & Kohlhase, Janet, 2013. "The Influence of Diversity on the Formation, Survival and Growth of New Firms," Working Paper Series in Economics and Institutions of Innovation 337, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
  3. Alex Coad & Christina Guenther, 2012. "Age, diversification and survival in the German machine tool industry, 1953-2002," Papers on Economics and Evolution 2011-23, Max Planck Institute of Economics, Evolutionary Economics Group.
  4. Alex Coad & Werner Hölzl, 2009. "On the Autocorrelation of Growth Rates," Journal of Industry, Competition and Trade, Springer, vol. 9(2), pages 139-166, June.
  5. Daunfeldt, Sven-Olov & Elert, Niklas, 2010. "When is Gibrat's Law a Law?," Ratio Working Papers 158, The Ratio Institute.
  6. Gavin Reid & Zhibin Xu, 2012. "Generalising Gibrat: using Chinese evidence founded on fieldwork," Small Business Economics, Springer, vol. 39(4), pages 1017-1028, November.
  7. Fernandes, Cristina & Ferreira, João & Raposo, Mario, 2013. "Drivers to firm innovation and their effects on performance: An international comparison," MPRA Paper 46776, University Library of Munich, Germany.
  8. Backman, Mikaela & Gabe, Todd & Mellander, Charlotta, 2014. "Effects Of Human Capital On The Growth And Survival Of Swedish Businesses," Working Paper Series in Economics and Institutions of Innovation 354, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
  9. Cucculelli, Marco & Ermini, Barbara, 2012. "New product introduction and product tenure: What effects on firm growth?," Research Policy, Elsevier, vol. 41(5), pages 808-821.
  10. Alex Coad & Werner Hölzl, 2008. "On the Autocorrelation of Growth Rates: Evidence for Micro, Small and Large Firms from the Austrian Service Industries, 1975-2004," WIFO Working Papers 332, WIFO.
  11. Celeste Varum & Vera Rocha, 2013. "Employment and SMEs during crises," Small Business Economics, Springer, vol. 40(1), pages 9-25, January.
  12. André van Stel & Mickey Folkeringa & Kashifa Suddle & Sita Tan, 2009. "Measuring business dynamics among incumbent firms in The Netherlands," Scales Research Reports H200816, EIM Business and Policy Research.
  13. Alex Coad & Werner Hölzl, 2010. "Firm growth: empirical analysis," Papers on Economics and Evolution 2010-02, Max Planck Institute of Economics, Evolutionary Economics Group.
  14. Alex Coad & Christina Guenther, 2013. "Diversification patterns and survival as firms mature," Small Business Economics, Springer, vol. 41(3), pages 633-649, October.

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