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Author: | Nurmi, S. |
Title: | Plant size, age and growth in Finnish manufacturing |
Journal: | Finnish Economic Papers
2004 : SPRING, VOL. 17:1, p. 3-17 |
Index terms: | Companies by size Growth Manufacturing industry Finland |
Language: | eng |
Abstract: | The findings suggest that Gibrat's law fails to hold, i.e. small plants have higher growth rate than larger ones. The findings are robust to sample selection, unobserved heterogenity and different model specification. |
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