The exponential age distribution and the Pareto firm size distribution
- Autor
-
Coad, Alex (Economist)
Max Planck Institute of Economics (Jena)
- Erschienen
- 2008-09-24
- Schlagwort(e)
-
Firm Growth
Firm size distribution
Gibrat’s Law
Pareto distribution
Zipf law
- Zusammenfsg.
-
Recent work drawing on data for large and small firms has shown a Pareto distribution of firm size. We mix a Gibrat-type growth process among incumbents with an exponential distribution of firm’s age, to obtain the empirical Pareto distribution.
- Nummer des Discussion-Papers
-
2008-072
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- article research fields JER
- economics
- JEL-Classification for JER
- L20 - General ; L25 - Firm Performance: Size, Diversification, and Scope
