Revisiting Gibrat's law using panel SURADF tests

In this study, the newly-developed Panel SURADF tests advanced by Breuer et al. ( 2001 ) are used to investigate whether the growth rate of electronics firms is independent of their size, as postulated by Gibrat's ( 1931 ) Law of Proportionate Effects. Time-series data for the total assets of 4...

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Veröffentlicht in:Applied economics letters 2008-02, Vol.15 (2), p.137-143
Hauptverfasser: Chu, Hsiao-Ping, Sher, Peter J., Yeh, Ming-Liang
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Sprache:eng
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