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Invariances and Diversities in the Evolution of Manufacturing Industries

Giulio Bottazzi, Elena Cefis, Giovanni Dosi and Angelo Secchi

No 03-17, Working Papers from Utrecht School of Economics

Abstract: In this work we explore some basic properties of the size distributions of firms and of their growth processes both at aggregate and disaggregate levels. First, we investigate which properties of firm’s size distributions and growth dynamics are robust under disaggregation. Second, at a disaggregate level, we try to identify those features which are generic and hold across all or most of the considered three digit sectors distinguishing them from sector-specific ones. Concerning firm growth, we mainly focus on the characterization of the distribution of growth rates, studying, again, the possible differences between sectors and between levels of aggregation. Finally, we begin to explore the relations between measures of size distributions and the nature of the underlying growth processes and discuss some admittedly unresolved puzzles.

Keywords: Panel Data; Wage Distribution; Inequality; Mobility (search for similar items in EconPapers)
Date: 2003-12
New Economics Papers: this item is included in nep-com and nep-tid
References: View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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