G2TT
来源类型Article
规范类型其他
DOI10.1080/00036840802400454
ISBN0003-6846
Corporate Growth and Industrial Dynamics: Evidence from French Manufacturing.
Bottazzi, Giulio; Coad, Alex; Jacoby, Nadia; Secchi, Angelo
发表日期2011
出处Applied Economics
出版者Taylor and Francis
出版年2011
页码103-116
语种英语
摘要This work explores basic properties of the size and growth rates distributions of firms at the aggregate and disaggregate levels. Using an extensive dataset on French manufacturing firms, we investigate which properties of firm size distributions and growth dynamics characterize the aggregate dynamics and are, at the same time, robust under disaggregation. Our analysis is based on nonlinear robust regression methods which have never been applied before to this kind of data. The growth rates distributions we observe are well described by a Subbotin distribution with a shape parameter significantly lower than 1, suggesting a noticeable departure from the Laplace behaviour reported in previous works on Italian and the US data. At the same time, the variance of growth rates depends negatively on size and the relationship does not seem to be linear, with larger firms possibly displaying lower variability in their growth dynamics. At the disaggregate level, we observe significant heterogeneity in the firm size distributions across sectors, while the shape of the sectoral growth rates density displays a surprising degree of homogeneity.
URLhttp://sro.sussex.ac.uk/id/eprint/30522/
来源智库Science Policy Research Unit (United Kingdom)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/467790
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GB/T 7714
Bottazzi, Giulio,Coad, Alex,Jacoby, Nadia,et al. Corporate Growth and Industrial Dynamics: Evidence from French Manufacturing.. 2011.
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