Firm growth and firm size
AbstractThis article analyses the growth rates of the complete population of UK-registered firms for the period 2001 to 2005. We estimate Gibrat's law - that growth rates are independent of firm size - by deciles of the firm size distribution. Whether we are able to reject Gibrat's law varies across deciles. We also show how estimates vary according to the measure of firm size, time period and sample selection.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 17 (2010)
Issue (Month): 16 ()
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- Christopher Reicher, 2011. "Hiring chains and the dynamic behavior of job and worker flows," Kiel Working Papers 1709, Kiel Institute for the World Economy.
- Henning Weber, 2012. "The Optimal Inflation Rate and Firm-Level Productivity Growth," Kiel Working Papers 1773, Kiel Institute for the World Economy.
- Daunfeldt, Sven-Olov & Halvarsson, Daniel & Johansson, Dan, 2012. "A cautionary note on using the Eurostat-OECD definition of high-growth firms," HUI Working Papers 65, HUI Research.
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