IDEAS home Printed from https://ideas.repec.org/p/sba/wpaper/06rarpdt.html
   My bibliography  Save this paper

Volatility and Asymmetry of Small Firm Growth Rates Over Increasing Time Frames

Author

Listed:
  • Robert Axtell
  • Rich Perline
  • Daniel Teitelbaum

Abstract

In this report we have summarized our research into the nature of firm growth in the U.S. over the 5 year period 1998-2003 using comprehensive data on U.S. businesses extracted from the Census database. We have analyzed these data with a particular eye to the departures from standard assumptions and results in economics generally, and within the field of industrial organization specifically. It should be noted that our analysis is unusual in an important way compared to most analyses of firm growth rates: the typical size of establishments in the Census database is preponderantly very small - the observed modal size is a single employee. More commonly, growth rate studies use size thresholds thatare well above this, and as a result, the conclusions drawn from such truncated data may be incomplete or distorted.

Suggested Citation

  • Robert Axtell & Rich Perline & Daniel Teitelbaum, 2006. "Volatility and Asymmetry of Small Firm Growth Rates Over Increasing Time Frames," The Office of Advocacy Small Business Working Papers 06rarpdt, U.S. Small Business Administration, Office of Advocacy.
  • Handle: RePEc:sba:wpaper:06rarpdt
    as

    Download full text from publisher

    File URL: http://www.sba.gov/advo/research/rs285tot.pdf
    Download Restriction: no

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sba:wpaper:06rarpdt. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victoria Williams) or (Rob Kleinsteuber). General contact details of provider: http://edirc.repec.org/data/sbagvus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.