The Growth of Firms in Dutch Services

L Klomp and Roy Thurik

Working Papers from Erasmus University of Rotterdam - Institute for Economic Research

Abstract: The proposition that firm growth rates are distributed independently of firm size, generally referred to as Gibrat's Law, is tested in virtually every empirical study on firm growth rates. We conclude from our review of these studies that the validity of Gibrat's Law depends on what version is tested.

Keywords: ECONOMIC GROWTH; BUSINESS ECONOMICS (search for similar items in EconPapers)
JEL-codes: O12 (search for similar items in EconPapers)
Pages: 31 pages
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:fth:erroec:9402/g

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