Testing Gibrat's law for small and medium-sized manufacturing firms: empirical evidence for the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F71226401%3A_____%2F15%3A%231006906" target="_blank" >RIV/71226401:_____/15:#1006906 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Testing Gibrat's law for small and medium-sized manufacturing firms: empirical evidence for the Czech Republic
Original language description
The paper focuses on the investigation of the relationship between firm size and firm growth for the small and medium-sized manufacturing enterprises (SMEs) from the Czech Republic during 2007-2012. The study has two aims. Firstly to investigate the validity of Gibrat's law over the entire period 2007 to 2012 and secondly to examine if there is any convergence toward the Gibrat's law through time. The validity of Gibrat's law was tested with the help of linear regression model with first-order autoregressive process. Over the entire period 2007-2012, it was found statistically significant positive relationship between firm size and firm growth, so Gibrat?s law was rejected. However there is a convergence (with the exception of the period 2010-2011) toward the validity of Gibrat's law through time. While for the period 2007-2008 there is statistically significant relationship between firm size and firm growth and Gibrat?s law is rejected, if was found no statistically significant relat
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
33nd International Conference Mathematical Methods in Economics 2015
ISBN
978-80-261-0539-8
ISSN
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e-ISSN
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Number of pages
5
Pages from-to
172-176
Publisher name
University of West Bohemia
Place of publication
Plzeň
Event location
Plzeň
Event date
Jan 1, 2015
Type of event by nationality
CST - Celostátní akce
UT code for WoS article
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