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• W2072740197 abstract "Gibrat's Law predicts that firm growth is a purely random effect and therefore should be independent of firm size. The purpose of this paper is to test Gibrat's law within the retail industry, using a novel data-set comprising all surviving Swedish limited liability companies active at some point between 1998 and 2004. Very few studies have previously investigated whether Gibrat's Law seems to hold for retailing, and they are based on highly aggregated data. Our results indicate that Gibrat's Law can be rejected for a large majority of five-digit retail industries in Sweden, since small retail firms tend to grow faster than large ones." @default.
• W2072740197 created "2016-06-24" @default.
• W2072740197 creator A5019043128 @default.
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• W2072740197 date "2012-09-01" @default.
• W2072740197 modified "2023-10-16" @default.
• W2072740197 title "Does Gibrat's law hold for retailing? Evidence from Sweden" @default.
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• W2072740197 doi "https://doi.org/10.1016/j.jretconser.2012.06.001" @default.
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