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Lei de Gibrat na Indústria Brasileira: Evidência Empírica

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  • Marcelo Resende

    (UFRJ)

Abstract

The paper investigates the validity of Gibrats law in the context of the Brazilian manufacturing industry during the period 1995-97. The referred hypothesis of independence between firm growth and size has as important implications, in the leading formulations, the lognormality of the distribution of firm size and the linearity of the relationship between size and rank (in logs). The empirical evidence on these implications were investigated by means of normality and linearity tests and in a large number of the sectors there is no support for Gibrats Law

Suggested Citation

  • Marcelo Resende, 2004. "Lei de Gibrat na Indústria Brasileira: Evidência Empírica," Economia, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 5(2), pages 221-268.
  • Handle: RePEc:anp:econom:v:5:y:2004:i:2:p:221-268
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. de Carvalho, Antonio Gledson, 2008. "The Effect of Size and Institutional Development on the Growth of Brazilian Firms," Revista Brasileira de Economia - RBE, FGV/EPGE - Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil), vol. 62(4), December.
    2. repec:sbe:breart:v:27:y:2007:i:2:a:1525 is not listed on IDEAS
    3. Marcelo Resende & Vicente Cardoso, 2013. "Gibrat´s law in Brazilian franchising: an empirical note," Economics Bulletin, AccessEcon, vol. 33(1), pages 247-256.

    More about this item

    Keywords

    Lei de Gibrat; Indústria de Transformação;

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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