D'Elia, Enrico; Nascia, Leopoldo; Zeli, Alessandro - Dipartimento del Tesoro, Ministero dell'Economia e … - 2012
Typically, firms change their size through a row of discrete leaps over time. A very basic model allowing for discontinuous growth can be based on a couple of assumptions: (a) in the short run, the firm’s equipment and organization provide the maximum profit only for a given production level,...