The exponential age distribution and the Pareto firm size distribution

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.

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Year of publication:	2008
Authors:	Coad, Alex
Publisher:	Jena : Friedrich Schiller University Jena and Max Planck Institute of Economics
Subject:	Betriebsgrößenstruktur \| Statistische Verteilung \| Publikationsanalyse \| Unternehmenswachstum \| Unternehmensentwicklung \| Theorie \| Firm size distribution \| firm growth \| Gibrat's law \| Pareto distribution \| Zipf Law

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Series:	Jena Economic Research Papers ; 2008,072
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	584101139 [GVK] hdl:10419/31748 [Handle]
Classification:	L20 - Firm Objectives, Organization, and Behavior. General ; L25 - Firm Size and Performance
Source:	EconStor

Persistent link: https://www.econbiz.de/10010266667