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dc.contributor.authorCoad, Alexen_US
dc.date.accessioned2010-05-26en_US
dc.date.accessioned2010-05-31T14:38:09Z-
dc.date.available2010-05-31T14:38:09Z-
dc.date.issued2010en_US
dc.identifier.citationEconomics: The Open-Access, Open-Assessment E-Journal 4 2010-17 1-30 doi:10.5018/economics-ejournal.ja.2010-17en_US
dc.identifier.pidoi:10.5018/economics-ejournal.ja.2010-17-
dc.identifier.urihttp://hdl.handle.net/10419/32772-
dc.description.abstractWhile several plots of the aggregate age distribution suggest that firm age is exponentially distributed, we find some departures from the exponential benchmark. At the lower tail, we find that very young establishments are more numerous than expected, but they face high exit hazards. At the upper tail, the oldest firms are older than the exponential would have predicted. Furthermore, the age distribution of disaggregated industries (such as the international airline industry) is less regular and can display multimodality. Although we focused on departures from the exponential, we found that the exponential was a useful reference point and endorse it as an appropriate benchmark for future work on industrial structure.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesEconomics 2010-17en_US
dc.subject.jelL20en_US
dc.subject.jelL25en_US
dc.subject.jelL11en_US
dc.subject.ddc330en_US
dc.subject.keywordAge distributionen_US
dc.subject.keywordexponential distributionen_US
dc.subject.keywordfirm size distributionen_US
dc.subject.keywordsurvivalen_US
dc.titleInvestigating the exponential age distribution of firmsen_US
dc.typeArticleen_US
dc.identifier.ppn626674425en_US
dc.identifier.urlhttp://www.economics-ejournal.org/economics/journalarticles/2010-17en_US
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.en-
dc.identifier.repecRePEc:zbw:ifweej:201017-
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