Does classical competition explain the statistical features of firm growth?

dc.contributor.author	Alfarano, Simone
dc.contributor.author	Milakovic, Mishael
dc.date.accessioned	2013-09-04T12:13:39Z
dc.date.available	2013-09-04T12:13:39Z
dc.date.issued	2008
dc.identifier.citation	Economics Letters, 101, 3, p. 272-274	ca_CA
dc.identifier.issn	0165-1765
dc.identifier.uri	http://hdl.handle.net/10234/72424
dc.description.abstract	We propose a statistical equilibrium model where the tendency for competition to equalize profit rates results in an exponential power (or Subbotin) distribution. The model supports and extends recent evidence on the Laplace distribution of firm growth rates.	ca_CA
dc.format.extent	3 p.	ca_CA
dc.language.iso	eng	ca_CA
dc.publisher	Elsevier	ca_CA
dc.rights	© 2008 Elsevier B.V. All rights reserved.	ca_CA
dc.rights.uri	http://rightsstatements.org/vocab/InC/1.0/	*
dc.subject	Statistical equilibrium	ca_CA
dc.subject	Classical competition	ca_CA
dc.subject	Maximum entropy	ca_CA
dc.subject	Profit rates	ca_CA
dc.subject	Firm growth rates	ca_CA
dc.subject	Subbotin distribution	ca_CA
dc.subject	Laplace distribution	ca_CA
dc.title	Does classical competition explain the statistical features of firm growth?	ca_CA
dc.type	info:eu-repo/semantics/article	ca_CA
dc.identifier.doi	http://dx.doi.org/10.1016/j.econlet.2008.09.001
dc.rights.accessRights	info:eu-repo/semantics/restrictedAccess	ca_CA
dc.relation.publisherVersion	http://www.sciencedirect.com/science/article/pii/S016517650800267X	ca_CA

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