Showing 1 - 10 of 46
the opposite is true when we allow for market selection. Indeed, the growth behavior of the re-shaped (smaller) population … confirm the rejection of the Gibrat's law when our firm-level data are considered over the entire investigated period, while … of the survived most efficient firms is in line with the Law of Proportionate Effect; this evidence reconciles early and …
Persistent link: https://www.econbiz.de/10014296739
size has an inverse-U pattern over time, uncorrelated with the level or the growth rate of value-added per worker. The … measure of static misallocation decreases modestly until 1983, consistent with the fast economic growth, but increases …We analyze the evolution of the plant size distribution, static allocative efficiency, and business dynamism of the …
Persistent link: https://www.econbiz.de/10014469672
This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics … model that links trade to job flows in a new way. The fitted model captures key features of Colombian firm dynamics and … to the effects of globalization on labor markets in Latin America and elsewhere. …
Persistent link: https://www.econbiz.de/10010329109
This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics … model that links trade to job flows in a new way. The fitted model captures key features of Colombian firm dynamics and … to the effects of globalization on labor markets in Latin America and elsewhere. …
Persistent link: https://www.econbiz.de/10011168625
, both in gross and net terms. The differential growth rate of employment between large and small firms varies by about 5 … out and size does not predict subsequent growth (Gibrat's law). We employ a variety of measures of relative employment … conditions. Larger employers shed proportionally more jobs in recessions and create more of their new jobs late in expansions …
Persistent link: https://www.econbiz.de/10010269006
(1999) that Zipf's law follows from a stochastic growth process. In particular, Gabaix shows that if the regions follow … empirically. Using non-parametric techniques we find that Gibrat's law holds in each German region, irrespective of how regions …
Persistent link: https://www.econbiz.de/10010271237
in favour of Gibrat's Law holding for immigration stocks, i.e. that the growth in stocks is independent of their initial …We exploit the bilateral and skill dimensions from recent data sets of international migration to test for the … existence of Zipf's and Gibrat's Laws in the context of aggregate and high-skilled international immigration and emigration …
Persistent link: https://www.econbiz.de/10010481642
US city size distribution, regardless of whether cities are administratively defined Census places or economically … defined area clusters. We then consider an economic model that combines scale-independent urban growth (Gibrat's law) with … than previous urban growth frameworks that predict a lognormal or a Pareto city size distribution (Zipf's law). …
Persistent link: https://www.econbiz.de/10010282153
in favour of Gibrat's Law holding for immigration stocks, i.e. that the growth in stocks is independent of their initial …We exploit the bilateral and skill dimensions from recent data sets of international migration to test for the … existence of Zipf's and Gibrat's Laws in the context of aggregate and high-skilled international immigration and emigration …
Persistent link: https://www.econbiz.de/10011106178
The aim of this paper is to investigate the growth dynamics of young small firms (in contrast with larger and older … results suggest that significant differences between young and mature firms can be found as far as the drivers of their growth … incumbents) in a developing country context, using a unique and comprehensive dataset of non-agricultural Tunisian companies. Our …
Persistent link: https://www.econbiz.de/10011873404