Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/304989 
Year of Publication: 
2016
Citation: 
[Journal:] German Journal of Agricultural Economics (GJAE) [ISSN:] 2191-4028 [Volume:] 65 [Issue:] 4 [Year:] 2016 [Pages:] 231-243
Publisher: 
Deutscher Fachverlag, Frankfurt a. M.
Abstract: 
The agribusiness is in flux: how will the population of firms develop, and which consequences will arise for competition? In 1931, GIBRAT stated the firm size and growth rate to be independent. Testing the validity of Gibrat's Law for the agribusiness allows drawing conclusions on future developments of concentration. After the examination of 454 manufacturing downstream enterprises in Germany, we reject Gibrat's Law and find small firms to grow stronger than bigger firms in relation to their initial size. Our results emphasize the application of Gibrat's Law to subsectors and size classes as well as to the agribusiness as a whole.
Persistent Identifier of the first edition: 
Document Type: 
Article

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