Gibrat's law redux: Think profitability instead of growth
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- Philipp Mundt & Simone Alfarano & Mishael Milakovic, 2016. "Gibrat’s Law Redux: think profitability instead of growth," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 25(4), pages 549-571.
- Mundt, Philipp & Milakovic, Mishael & Alfarano, Simone, 2014. "Gibrat's law redux: Think profitability instead of growth," BERG Working Paper Series 92, Bamberg University, Bamberg Economic Research Group.
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More about this item
Keywords
Profit rates; diffusion process; statistical equilibrium; dynamic competition; persistence;All these keywords.
JEL classification:
- C16 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Econometric and Statistical Methods; Specific Distributions
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENT-2014-02-02 (Entrepreneurship)
- NEP-HME-2014-02-02 (Heterodox Microeconomics)
- NEP-SBM-2014-02-02 (Small Business Management)
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