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Is there a Lower Bound to the Firm Size Distribution Comparing Transition Economies with an Established Market Economy

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  • John Hutchinson

Abstract

We apply Suttons (1998) framework to compare the firm size distribution of two transition economies, Slovenia and Bulgaria with that of a market economy, Belgium. We find that there exists a minimum degree of inequality in the size of firms. In addition firm size inequality levels in Belgium and Slovenia are found to have comparable values while levels in Bulgaria remain considerably lower. Furthermore, we find that the industrial structure in a leading accession country is closest to the structure that we find in a market economy.

Suggested Citation

  • John Hutchinson, 2003. "Is there a Lower Bound to the Firm Size Distribution Comparing Transition Economies with an Established Market Economy," LICOS Discussion Papers 13503, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    • Handle: RePEc:lic:licosd:13503
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    References listed on IDEAS

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      Keywords

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      JEL classification:

      • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
      • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies
      • L6 - Industrial Organization - - Industry Studies: Manufacturing

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