Lei de Gibrat na Indústria Brasileira: Evidência Empírica

Marcelo Resende

Economia, 2004, vol. 5, issue 2, 221-268

Abstract: The paper investigates the validity of Gibrats law in the context of the Brazilian manufacturing industry during the period 1995-97. The referred hypothesis of independence between firm growth and size has as important implications, in the leading formulations, the lognormality of the distribution of firm size and the linearity of the relationship between size and rank (in logs). The empirical evidence on these implications were investigated by means of normality and linearity tests and in a large number of the sectors there is no support for Gibrats Law

Keywords: Lei de Gibrat; Indústria de Transformação (search for similar items in EconPapers)
JEL-codes: L11 L60 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (3)

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