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Gibrat and Pareto–Zipf revisited with European firms

Yoshi Fujiwara, Hideaki Aoyama, Corrado Di Guilmi, Wataru Souma and Mauro Gallegati

Physica A: Statistical Mechanics and its Applications, 2004, vol. 344, issue 1, 112-116

Abstract: A firms growth and failure are the two sides of the same coin. This paper reports new phenomenological findings for firm size distribution and growth, and bankruptcy. This paper is based on [Y. Fujiwara et al., Physica A 335 (2004) 197] and on [Y. Fujiwara, Physica A 337 (2004) 219]. See also these proceedings for kinematical relationship between Pareto–Zipf and Gibrat's laws.

Keywords: Pareto–Zipf law; Gibrat law; Firm growth; Bankruptcy; Econophysics (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:344:y:2004:i:1:p:112-116

DOI: 10.1016/j.physa.2004.06.098

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