Does classical competition explain the statistical features of firm growth?

被引：39

作者：

Alfarano, Simone ^{[1
]}

Milakovic, Mishael ^{[1
]}

机构：

[1] Univ Kiel, Dept Econ, D-24118 Kiel, Germany

来源：

ECONOMICS LETTERS | 2008年 / 101卷 / 03期

关键词：

Statistical equilibrium; Classical competition; Maximum entropy; Profit rates; Firm growth rates; Subbotin distribution; Laplace distribution;

D O I：

10.1016/j.econlet.2008.09.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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 oil the Laplace distribution of firm growth rates. (c) 2008 Elsevier B.V. All rights reserved.

引用

页码：272 / 274

页数：3

共 12 条

[1]

[Anonymous], 1978, MAXIMUM ENTROPY FORM

[2] Why are distributions of firm growth rates tent-shaped? [J].