What determines the size distribution of business firms? What kind of firm dynamics may be underlying observed firm size distributions? Which candidate distributions may be used for fitting purposes? We here address these questions from a stochastic model perspective. We construct a firm dynamics process that leads to a Dagum distribution of firm size at equilibrium. An empirical study shows that the proposed model captures the empirical regularities of firm size distributions with considerable accuracy.
Fiori, A., & Motta, A. (2019). Stochastic Models for the Size Distribution of Italian Firms: A Proposal. In F. Greselin, L. Deldossi, L. Bagnato, & M. Vichi (a cura di), Scientific Meeting of the Classification and Data Analysis Group of the Italian Statistical Society CLADAG 2017 Statistical Learning of Complex Data (pp. 111-120). Springer Berlin Heidelberg.
Citazione: | Fiori, A., & Motta, A. (2019). Stochastic Models for the Size Distribution of Italian Firms: A Proposal. In F. Greselin, L. Deldossi, L. Bagnato, & M. Vichi (a cura di), Scientific Meeting of the Classification and Data Analysis Group of the Italian Statistical Society CLADAG 2017 Statistical Learning of Complex Data (pp. 111-120). Springer Berlin Heidelberg. |
Titolo: | Stochastic Models for the Size Distribution of Italian Firms: A Proposal |
Autori: | Fiori, A; Motta, A |
Autori: | |
Presenza di un coautore afferente ad Istituzioni straniere: | No |
Tipo: | Capitolo o saggio |
Carattere della pubblicazione: | Scientifica |
Data di pubblicazione: | 2019 |
Lingua: | English |
Titolo del libro: | Scientific Meeting of the Classification and Data Analysis Group of the Italian Statistical Society CLADAG 2017 Statistical Learning of Complex Data |
ISBN: | 9783030211394 |
Appare nelle tipologie: | 03 - Contributo in libro |