Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/32772 
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dc.contributor.authorCoad, Alexen
dc.date.accessioned2010-05-26-
dc.date.accessioned2010-05-31T14:38:09Z-
dc.date.available2010-05-31T14:38:09Z-
dc.date.issued2010-
dc.identifier.citation|aEconomics: The Open-Access, Open-Assessment E-Journal|c1864-6042|v4|h2010-17|nKiel Institute for the World Economy (IfW)|lKiel|y2010|p1-30en
dc.identifier.pidoi:10.5018/economics-ejournal.ja.2010-17en
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
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.subject.jelL20en
dc.subject.jelL25en
dc.subject.jelL11en
dc.subject.ddc330en
dc.subject.keywordAge distributionen
dc.subject.keywordexponential distributionen
dc.subject.keywordfirm size distributionen
dc.subject.keywordsurvivalen
dc.titleInvestigating the exponential age distribution of firms-
dc.typeArticleen
dc.identifier.ppn626674425en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifweej:201017en
econstor.citation.journaltitleEconomics: The Open-Access, Open-Assessment E-Journalen
econstor.citation.issn1864-6042en
econstor.citation.volume4en
econstor.citation.issue2010-17en
econstor.citation.publisherKiel Institute for the World Economy (IfW)en
econstor.citation.publisherplaceKielen
econstor.citation.year2010en
econstor.citation.startpage1en
econstor.citation.endpage30en

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