The evolution of the firm size distribution and nationality of ownership

Salvador Barrios (), Holger Goerg and Eric Strobl ()
Authors registered in the RePEc Author Service: Holger Görg

No 2004022, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: It has recently been shown that the firm size distribution is initially skewed to the right and then evolves over time to become more lognormal, and argued that this is likely due to firms initially facing financial constraints, see Cabral and Mata (2003). We conjecture that, it this is true, then such a pattern should be much less apparent for multinational companies for which financial constraints arer generally considered to be lower than non-multinationals. Moreover, such a difference may be re-enforced by the fact that multinationals are less likely to face selection issues. These propositions are confirmed usingplant level Irishman ufacturing data.

Keywords: firm size distribution; national of ownership; financial constraints (search for similar items in EconPapers)
JEL-codes: F23 L11 L60 (search for similar items in EconPapers)
Date: 2004-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: The Evolution of the Firm Size Distribution and Nationality of Ownerhship (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2004022

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