Finns growth dynamics, competition and power-law scaling


Autoria(s): Gupta, H. M.; Campanha, JR
Contribuinte(s)

Universidade Estadual Paulista (UNESP)

Data(s)

20/05/2014

20/05/2014

15/05/2003

Resumo

We study the growth dynamics of the size of manufacturing firms considering competition and normal distribution of competency. We start with the fact that all components of the system struggle with each other for growth as happened in real competitive business world. The detailed quantitative agreement of the theory with empirical results of firms growth based on a large economic database spanning over 20 years is good with a single set of the parameters for all the curves. Further, the empirical data of the variation of the standard deviation of the growth rate with the size of the firm are in accordance with the present theory rather than a simple power law. (C) 2003 Elsevier B.V. B.V. All rights reserved.

Formato

626-634

Identificador

http://dx.doi.org/10.1016/S0378-4371(03)00017-7

Physica A-statistical Mechanics and Its Applications. Amsterdam: Elsevier B.V., v. 323, p. 626-634, 2003.

0378-4371

http://hdl.handle.net/11449/38053

10.1016/S0378-4371(03)00017-7

WOS:000183223900044

Idioma(s)

eng

Publicador

Elsevier B.V.

Relação

Physica A: Statistical Mechanics and Its Applications

Direitos

closedAccess

Palavras-Chave #power law #firms growth dynamics #competition #econophysics
Tipo

info:eu-repo/semantics/article