Esteves, Luiz A. - In: Economics Bulletin 12 (2007) 19, pp. 1-7
The aim of this work is to test the Gibrat's Law hypothesis for Brazilian firms. Gibrat''s Law establishes that firm growth is a random walk, it means that the probability of a given proportionale change in size during a specified period is the same for all firms in a given industry. This work...
