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Title:The exponential age distribution and the Pareto firm size distribution PDF Logo
Authors:Coad, Alex
Issue Date:2008
Series/Report no.:Jena economic research papers 2008,072
Abstract:Recent work drawing on data for large and small firms has shown a Pareto distribution of firm size. We mix a Gibrat-type growth process among incumbents with an exponential distribution of firm's age, to obtain the empirical Pareto distribution.
Subjects:Firm size distribution
firm growth
Gibrat's law
Pareto distribution
Zipf Law
JEL:L20
L25
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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