Gibrat’s law for countries
If the population of a given country evolves according to Gibrat'�s Law, its growth rate will be independent of its initial size. This short paper further investigates this empirical regularity by the application of a suitable panel unit root test and non-parametric methods. The evidence regarding its fulfilment is weaker than that previously found.
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Volume (Year): 23 (2010)
Issue (Month): 4 (September)
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