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ralph lauren polo

Antonio Palestrini
''Common Components in Firms' Growth and the Sectors Scaling Puzzle''
( 2008, Vol. 12 No.35 )
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.
JEL: L0 - Industrial Organization: General
O4 - Economic Growth and Aggregate Productivity: General
Manuscript Received : Sep 08 2008 Manuscript Accepted : Dec 13 2008

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