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Invariances and Diversities in the Evolution of Manufacturing Industries Author info | Abstract | Publisher info | Download info | Related research | Statistics Giulio Bottazzi
Elena Cefis ()
Giovanni Dosi
Angelo Secchi
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In this work we explore some basic properties of the size distributions of firms and of their growth processes both at aggregate and disaggregate levels. First, we investigate which properties of firm's size distributions and growth dynamics are robust under disaggregation. Second, at a disaggregate level, we try to identify those features which are generic and hold across all or most of the considered three digit sectors distinguishing them from sector-specific ones. Concerning firm growth, we mainly focus on the characterization of the distribution of growth rates, studying, again, the possible differences between sectors and between levels of aggregation. Finally, we begin to explore the relations between measures of size distributions and the nature of the underlying growth processes and discuss some admittedly unresolved puzzles.
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Paper provided by Utrecht School of Economics in its series Working Papers with number
03-17.
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Length: 20 pages
Date of creation: Nov 2003Date of revision:
Handle: RePEc:use:tkiwps:0317Contact details of provider: Postal: 12 Janskerkhof, NL-3512 BL Utrecht Phone: +31 30 253 9800 Fax: +31 30 253 7373 Email: Web page: http://www.econ.uu.nl/ More information through EDIRC
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Keywords: Firms growth Firm Size Distribution Fat Tails Kernel Estimation Other versions of this item:
Find related papers by JEL classification: L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General D21 - Microeconomics - - Production and Organizations - - - Firm Behavior C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
This paper has been announced in the following NEP Reports :
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