Matches in SemOpenAlex for { <https://semopenalex.org/work/W2890498187> ?p ?o ?g. }
- W2890498187 endingPage "82" @default.
- W2890498187 startingPage "63" @default.
- W2890498187 abstract "Recent empirical studies have shown that firm growth rate distribution is not Gaussian but closely follows a Laplace distribution. This robust feature of the growth rate distribution challenges existing models based on Gibrat’s model because it predicts a Gaussian distribution. First, we analyze more than 100,000 Japanese firms and empirically show that the Laplace shape can be observed for the Japanese firms. Then, by using the theory of stochastic processes, we theoretically show that the absence of jumps causes the discrepancy between Gibrat’s model and the Laplace shape. In particular, based on the Laplace shape and the law of proportionate effect, we show that the firm growth process is a jump process. In other words, firm growth cannot be explained by the consequence of many small shocks but is determined by a few large jumps. The widely observed Laplace distribution reflects this jump property of firm growth dynamics." @default.
- W2890498187 created "2018-09-27" @default.
- W2890498187 creator A5025640518 @default.
- W2890498187 date "2019-06-01" @default.
- W2890498187 modified "2023-10-16" @default.
- W2890498187 title "Firm growth and Laplace distribution: The importance of large jumps" @default.
- W2890498187 cites W1485166938 @default.
- W2890498187 cites W1968642794 @default.
- W2890498187 cites W1980519218 @default.
- W2890498187 cites W1983822602 @default.
- W2890498187 cites W1987320828 @default.
- W2890498187 cites W1999108714 @default.
- W2890498187 cites W2014269227 @default.
- W2890498187 cites W2024733873 @default.
- W2890498187 cites W2026287024 @default.
- W2890498187 cites W2026584459 @default.
- W2890498187 cites W2026642336 @default.
- W2890498187 cites W2032554709 @default.
- W2890498187 cites W2036633969 @default.
- W2890498187 cites W2054864979 @default.
- W2890498187 cites W2067531070 @default.
- W2890498187 cites W2075632259 @default.
- W2890498187 cites W2079911253 @default.
- W2890498187 cites W2082287748 @default.
- W2890498187 cites W2095828470 @default.
- W2890498187 cites W2097360682 @default.
- W2890498187 cites W2098499862 @default.
- W2890498187 cites W2104616043 @default.
- W2890498187 cites W2108847730 @default.
- W2890498187 cites W2130669742 @default.
- W2890498187 cites W2134696480 @default.
- W2890498187 cites W2135220073 @default.
- W2890498187 cites W2143303392 @default.
- W2890498187 cites W2153102992 @default.
- W2890498187 cites W2155067373 @default.
- W2890498187 cites W2155531910 @default.
- W2890498187 cites W2218245316 @default.
- W2890498187 cites W2749859120 @default.
- W2890498187 cites W2797230498 @default.
- W2890498187 cites W3123718160 @default.
- W2890498187 cites W3124294703 @default.
- W2890498187 cites W3124694575 @default.
- W2890498187 cites W3125350312 @default.
- W2890498187 cites W4239571066 @default.
- W2890498187 doi "https://doi.org/10.1016/j.jedc.2019.01.009" @default.
- W2890498187 hasPublicationYear "2019" @default.
- W2890498187 type Work @default.
- W2890498187 sameAs 2890498187 @default.
- W2890498187 citedByCount "6" @default.
- W2890498187 countsByYear W28904981872020 @default.
- W2890498187 countsByYear W28904981872021 @default.
- W2890498187 countsByYear W28904981872023 @default.
- W2890498187 crossrefType "journal-article" @default.
- W2890498187 hasAuthorship W2890498187A5025640518 @default.
- W2890498187 hasBestOaLocation W28904981872 @default.
- W2890498187 hasConcept C110121322 @default.
- W2890498187 hasConcept C121332964 @default.
- W2890498187 hasConcept C121864883 @default.
- W2890498187 hasConcept C134306372 @default.
- W2890498187 hasConcept C149782125 @default.
- W2890498187 hasConcept C162324750 @default.
- W2890498187 hasConcept C163716315 @default.
- W2890498187 hasConcept C183057437 @default.
- W2890498187 hasConcept C22243797 @default.
- W2890498187 hasConcept C2780695682 @default.
- W2890498187 hasConcept C28826006 @default.
- W2890498187 hasConcept C33923547 @default.
- W2890498187 hasConcept C62520636 @default.
- W2890498187 hasConcept C97937538 @default.
- W2890498187 hasConceptScore W2890498187C110121322 @default.
- W2890498187 hasConceptScore W2890498187C121332964 @default.
- W2890498187 hasConceptScore W2890498187C121864883 @default.
- W2890498187 hasConceptScore W2890498187C134306372 @default.
- W2890498187 hasConceptScore W2890498187C149782125 @default.
- W2890498187 hasConceptScore W2890498187C162324750 @default.
- W2890498187 hasConceptScore W2890498187C163716315 @default.
- W2890498187 hasConceptScore W2890498187C183057437 @default.
- W2890498187 hasConceptScore W2890498187C22243797 @default.
- W2890498187 hasConceptScore W2890498187C2780695682 @default.
- W2890498187 hasConceptScore W2890498187C28826006 @default.
- W2890498187 hasConceptScore W2890498187C33923547 @default.
- W2890498187 hasConceptScore W2890498187C62520636 @default.
- W2890498187 hasConceptScore W2890498187C97937538 @default.
- W2890498187 hasFunder F4320334764 @default.
- W2890498187 hasLocation W28904981871 @default.
- W2890498187 hasLocation W28904981872 @default.
- W2890498187 hasOpenAccess W2890498187 @default.
- W2890498187 hasPrimaryLocation W28904981871 @default.
- W2890498187 hasRelatedWork W1987842271 @default.
- W2890498187 hasRelatedWork W1988195381 @default.
- W2890498187 hasRelatedWork W2063830806 @default.
- W2890498187 hasRelatedWork W2082286048 @default.
- W2890498187 hasRelatedWork W2083050604 @default.
- W2890498187 hasRelatedWork W2188349433 @default.
- W2890498187 hasRelatedWork W2574967310 @default.
- W2890498187 hasRelatedWork W3122254166 @default.
- W2890498187 hasRelatedWork W3199542694 @default.
- W2890498187 hasRelatedWork W4362465610 @default.