In this paper we present a description of the growth and diversification patterns of the top firms in the worldwide …. Our study confirms the results of previous empirical analyses of the growth dynamics of firms but also reveals structural … disaggregation, we are able to analyze the diversification structure of the firm and study its relation with the aggregate firm size …

This work explores and compares some basic properties of corporate growth process at both aggregate manufacturing level … properties of firm growth dynamics are robust under disaggregation. We compare the results obtained with three different … autoregressive structure of the growth processes, there are also regularities which hold across all of them, such as the approximate …

The purpose of this paper is to use Dynamic Panel Data (DPD) models with serial correlation in the error term to see if … Gibrat's law holds and to analyse the empirical determinants of firm growth. This paper makes significant contributions to … the empirical literature on the dynamics of firm growth, since it updates the work carried out by previous researchers in …

each region on employment growth. The estimation results of spatial and non-spatial models show that GIBRAT?s law is …In this paper we analyse the employment growth of 1389 Tunisian?s manufacturing small firms from 2006 to 2009. We … has a negative effect, whereas the presence of skilled labor promotes the high-tech firm?s growth. …

We study size and growth distributions of products and business firms in the context of a given industry. Firm size … growth is analyzed in terms of two basic mechanisms, i.e., the increase of the number of new elementary business units and … their size growth. We find a power-law relationship between size and the variance of growth rates for both firms and …

start with Gibrat's rule of proportional growth but require additional constraints. We show that Gibrat's rule, at all firm … levels, yields Zipf's law under a balance condition between the effective growth rate of incumbent firms (which includes … their possible demise) and the growth rate of investments in entrant firms. Under the additional assumption that firms do …