Does classical competition explain the statistical features of firm growth?

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 101
Issue: 3
Pages: 272-274

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We propose a statistical equilibrium model where the tendency for competition to equalize profit rates results in an exponential power (or Subbotin) distribution. The model supports and extends recent evidence on the Laplace distribution of firm growth rates.

Technical Details

RePEc Handle
repec:eee:ecolet:v:101:y:2008:i:3:p:272-274
Journal Field
General
Author Count
2
Added to Database
2026-01-24