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Persistent link: https://www.econbiz.de/10005650059
The size distribution and growth rates dynamics of U.S. manufacturing firms have been extensively studied by many authors. In this paper, using the COMPUSTAT database, we extend the analysis to disaggregated data, studying 15 industrial sectors. We find that among the stylized facts presented in...
Persistent link: https://www.econbiz.de/10005292629
Analyzing a comprehensive database of limited liability manufacturing firms this paper investigates the relation between a firm's financial situation and its conditional expected growth rate. Specifically, using quantile regressions, we obtain a quantitative characterization of this relation for...
Persistent link: https://www.econbiz.de/10010672399
The work studies the processes of growth of the world top 150 pharmaceutical firms, on the grounds of an original database which allows also disaggregate analysis at the level of single therapeutical classes and chemical entities.Our findings show that the industry -whose long-term evolution is...
Persistent link: https://www.econbiz.de/10005518673
The work studies the properties of a coordination game in which agents repeatedly compete to be in the population minority. The game reflects some essential features of those economic situations in which positive rewards are assigned to individuals who behave in opposition to the modal behavior...
Persistent link: https://www.econbiz.de/10005481675
In this work we explore the interplay between entry, selection and innovative learning as determinants of industrial evolution. We propose a model aimed to capture the essential features of learning and competition as drivers of the dynamics. Using both analytical and numerical techniques, we...
Persistent link: https://www.econbiz.de/10005650096
The work studies the processes of growth of the world top 150 pharmaceutical firms, on the grounds of an original database which allows also disaggregate analysis at the level of single therapeutical classes and chemical entities.Our findings show that the industry -whose long-term evolution is...
Persistent link: https://www.econbiz.de/10005292637
This work analyses the properties of corporate growth in a large longitudinal sample of Italian manufacturing firms. In particular, it focuses on the statistical properties of growth rates and on the influence of proxies for relative efficiency upon relative growth. In line with previous work,...
Persistent link: https://www.econbiz.de/10005568630
Persistent link: https://www.econbiz.de/10010111771
Persistent link: https://www.econbiz.de/10007165395