抄録
Recent work drawing on data for large and small firms has shown a Pareto distribution of firm size. We begin by showing that the firm age distribution is well approximated by an exponential distribution. We then mix a Gibrat-type growth process among incumbents with an exponential distribution of firm's age, to obtain the empirically-observed Pareto distribution.
| 本文言語 | English |
|---|---|
| ページ（範囲） | 389-395 |
| ページ数 | 7 |
| ジャーナル | Journal of Industry, Competition and Trade |
| 巻 | 10 |
| 号 | 3 |
| DOI | |
| 出版ステータス | Published - 2010 |
| 外部発表 | はい |
ASJC Scopus subject areas
- 労使関係