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| Antonio Palestrini |
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| ''Common Components in Firms' Growth and the Sectors Scaling Puzzle'' |
| ( 2008, Vol. 12 No.35 ) |
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| In this paper we show how a simple modification of a well-known multiplicative process of firms' growth, taking into account common and idiosyncratic elements, allows to reconcile an old aggregate-sector puzzle (Quandt, 1966) on firms'' size distribution reported in the literature. |
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| Keywords: |
JEL:
O4 - Economic Growth and Aggregate Productivity: General |
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| Manuscript Received : Sep 08 2008 | | Manuscript Accepted : Dec 13 2008 |
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